Download App

Trial Balance and Errors Account - Trial Balance and Errors

CBSE - STD 11 Commerce - Account (CBSE - English Medium). 54 questions in this chapter.

Question types

Trial Balance and Errors question types

54 questions across 5 question groups — pick any mix to generate a Account paper with step-by-step answer keys.

54
Questions
5
Question groups
5
Question types
Sample Questions

Trial Balance and Errors questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Q 1M.C.Q (1 Marks)1 Mark
Which of the following errors is revealed by the Trial Balance:
  • A
    Wrong amount entered into the book of original entry.
  • ✓
    Wrong amount posted in the ledger Account.
  • C
    Complete omission of an entry from the books of original entry.
  • D
    When accounting principle is violated while recording a transaction in the books of Account.

Answer: B.

View full solution →
Q 2M.C.Q (1 Marks)1 Mark
Which of the following is not an error of commission:
  • ✓
    A sale of ₹ 560 not recorded in Books at all.
  • B
    Rent paid to landlord was posted to Landlord's Account.
  • C
    A purchase of ₹ 840 was wrongly posted to sales Account.
  • D
    Instead of creding Shyam credited the other creditor Sham.

Answer: A.

View full solution →
Q 4M.C.Q (1 Marks)1 Mark
A machine is purchased for ₹ 10,000 which was wrongly recorded in purchase account. Due to this error .......
  • A
    Trial balance will show difference of ₹ 10,000
  • ✓
    Trial balance will not show any difference.
  • C
    Trial balance will show the difference of ₹ 20,000
  • D
    Trial balance will show a difference of ₹ 5,000

Answer: B.

View full solution →
Q 5M.C.Q (1 Marks)1 Mark
₹ 10,000 received from Apoorva is credited in the account of Prachi. It is an error of:
  • A
    Principle.
  • B
    Omission.
  • ✓
    Commission.
  • D
    Compensatory.

Answer: C.

View full solution →
Q 81 Marks Question1 Mark
Salary of ₹ 2,100 paid was posted as ₹ 2,000 in Salary A/c and Advertisement of ₹ 7,700 was posted as ₹ 7,800. Identify the type of error.
View full solution →
Q 184 Marks Question4 Marks
From the following ledger balances prepare trial balance:Capital ₹ 20,800, Rent outstanding ₹ 1,420, Amount due to Param, ₹ 15,000, Drawing ₹ 2,800, Goodwill ₹ 12,000, Interest received ₹ 2,000, Discount received ₹ 1,580, Amount due from Deepan ₹ 26,000.
View full solution →
Q 204 Marks Question4 Marks
State whether the balance of the following accounts should be placed in the debit (or) the credit columns of the Trial Balance:
  1. Plant and Machinery
  2. Discount Allowed
  3. Bank Overdraft
  4. Sales
  5. Interest Paid
  6. Bad Debts
View full solution →
Q 226 Marks Question6 Marks
Given below is a Cash Book and Ledger extracts relating to the books of M/s Ram Chander & Sons as at 31st January 2015. You are required to prepare a Trial Balance.


View full solution →
Q 256 Marks Question6 Marks
Following is the Trial Balance as at 31st March, 2015: Having prepared the Trial Balance, it was discovered that following transactions remained unrecorded:
  1. Goods were sold on credit amounting to ₹ 40,000.
  2. Paid to creditors ₹ 22,000 by cheque.
  3. Goods worth ₹ 7,000 were returned to a supplier.
  4. Paid salary ₹ 15,000 by cheque.
Required:
  1. Pass Journal entries for the above mentioned transactions and post them into Ledger.
  2. Redraft the Trial Balance.
View full solution →
Browse all question groups ↑

Generate a Trial Balance and Errors paper free

Pick question groups from the list above, set marks and difficulty, and export a branded PDF with step-by-step answer keys. First 3 chapters free — no signup.

Download App
Generate Paper FreeAll Account chapters