Trial Balance and Rectification of Errors MCQs with answers
Dear candidates you will find MCQ questions of 11th Class - Accountancy | Chapter: Trial Balance and Rectification of Errors here. Learn these questions and prepare yourself for coming examinations. You can check the right answer of any question by clicking the option or by clicking view answer button.
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Q. Which of the following is prepared on the basis of Trial Balance –
✅ Correct Answer: (C)
Final Accounts
Q. Of the two sides of Trial balance does not tally, which Account is opened –
✅ Correct Answer: (A)
Suspense Account
Q. Errors Committed by omitting entries in the Journal book is called –
✅ Correct Answer: (C)
Error of omission
Q. If the trial balance does not tally after many efforts then following Account is opened –
✅ Correct Answer: (C)
Suspense account
Q. Errors committed due to lack of basis principle of Accounting are called –
✅ Correct Answer: (B)
Error of principle
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