Trial Balance and Rectification of Errors Class 11 MCQ | Accountancy Quiz for Class 11 and Other Competitive Exams
Trial Balance and Rectification of Errors Class 11 MCQ: Check the below NCERT MCQ Questions for Accountancy Trial Balance and Rectification of Errors Class 11 MCQ with Answers Pdf free download. Trial Balance and Rectification of Errors Class 11 MCQ Questions for Accountancy with Answers were prepared based on the latest exam pattern. We have provided Trial Balance and Rectification of Errors Class 11 Questions with Answers to help students understand the concept very well.
Trial Balance and Rectification of Errors Class 11 MCQ
1. If the trial balance does not tally after many efforts, then the ______ account is opened.
(a) Purchase account
(b) Suspense account
(c) Sales account
(d) None of the above
2. If the suspense account does not balance off even after rectification of errors, it implies that _______. (a) There are some one-sided errors only in the books yet to be ascertained
(a) There are some one-sided errors only in the books yet to be ascertained
(b) There are no more errors yet to be ascertained
(c) There are some two-sided errors only, that is yet to be ascertained
(d) There may be both two-sided errors and one-sided errors, that are yet to be ascertained
3. If the two sides of the trial balance do not tally, which account is opened? (a) Suspense account
(a) Suspense account
(b) Personal account
(c) Real account
(d) None of the above
4. If wages paid for the installation of new machinery is debited to the wages account, it is ______. (b) An error of principle
(a) An error of commission
(b) An error of principle
(c) A compensating error
(d) An error of omission
5. The error which can be disclosed by trial balance is ________. (d) None of the above
(a) Error of omission
(b) Error of principle
(c) Compensatory error
(d) None of the above