MCQ .(1 Marks)

MCQ 11 Mark

Trial balance is prepared before which stage?

A
Cashbook
B
Journal proper
C
Final account
D
Bank reconciliation

Answer

SELF

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MCQ 21 Mark

In which accounting method, trial balance is prepared?

A
Double entry accounting system
B
Deshi nama system
C
Single entry accounting system
D
Cost accounting system

Answer

SELF

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MCQ 31 Mark

From the following, which object is main object of trial balance?

A
To find profit of business
B
To know business situation
C
To find mathematical mistakes
D
To know capital situation

Answer

SELF

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MCQ 41 Mark

In how many forms can be a trial balance prepared ?

A
Three
B
Two
C
Four
D
Five

Answer

SELF

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MCQ 51 Mark

Which balance from the following shows credit balance in trial balance?

A
Drawings
B
Bad debts
C
Capital
D
Machinery

Answer

SELF

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MCQ 61 Mark

Normally from which particulars trial balance is prepared?

A
Ledger balance
B
Journal
C
Cashbook
D
Subsidiary book

Answer

SELF

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MCQ 71 Mark

Which balance have 'Building account' in trial balance?

A
Debit
B
Credit
C
Left
D
Right

Answer

SELF

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MCQ 81 Mark

Trial balance is like __________ .

A
ledger
B
statement
C
particulars
D
entry

Answer

SELF

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MCQ 91 Mark

What is easy after the trial balance is tallied?

A
Journal
B
Subsidiary book
C
Final accounts
D
Ledger

Answer

SELF

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MCQ 101 Mark

Trial balance is mathematically correct means ________________ .

A
total of both the sides of trial balance are equal
B
total of both the side of trial balance are different
C
total of debit balance is more in trial balance
D
total of credit balance is less in trial balance

Answer

SELF

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Account MCQ .(1 Marks)

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