CBSE Class 11 Accountancy Journal Trial Balance Accounting Equation Assignment

CBSE Class 11 Accountancy Chapter 6 Trial Balance and Rectification of Errors Fill In The Blanks

Question. Returns Outwards A/c generally has a – – – – balance.
Answer. Credit

Question. Cash A/c always has a – – – – balance.
Answer. Debit

Question. Trial balance is a list of the balances of all – – – – accounts and – – – – accounts.
Answer. Real and personal

Question. Output CGST A/c will be shown on the – – – – side of the Balance Sheet.
Answer. Liabilities

Question. Suspense account appeared in the trial balance shown ……………… side error.
Answer. Single

Question. Rent paid correctly posted in rent account but not recorded in cash account is an example of ……………side error.
Answer. partial omission 

Question. If we have not posted an individual account in related ledger account is a …………………..error.
Answer. partial omission

Question. Purchase of office furniture for Rs. 5000 has been debited to purchase account. It is ……………error.
Answer. principal error

Question. In rectification entry suspense account used when rectification is done after preparing ……………………
Answer. Trial balance

Question. Ram account recorded instead of Shyam account is a …………………. error.
Answer. commission

Question. Wages paid for building construction recorded in wages account is a …………… error.
Answer. principal

Question. Sold goods were not recorded anywhere in the books is a ………………….. omission error. 
Answer. Complete

Question. Salary paid were not posted to salary account arise difference in trial balance ………..side.
Answer. debit

CBSE Class 11 Accountancy Chapter 6 Trial Balance and Rectification of Errors True And False

1. Following balances are given to you on 1st April,2019:
Stock A/c Rs.50,000; Building A/c Rs.80,000;Machinery A/c Rs.60,000;Creditors Rs.90,000.
Balance of capital A/c will be Rs.1,10,000. (False)
2. Output CGST A/c has a balance of Rs.4,000. It will be shown in the debit balances in the trial balance. (False)
3. The difference in trial balance will be trial balance will be transferred to Suspense A/c. (True)
7. Credit purchase from Mr. Kamal Rs.10,000, This transaction is not recorded in the book of account. This type of errors is “error of omission”. (True)
8. Purchase of furniture, debited to purchase a/c. It is an “errors of principle”. (True)
9. Mr. Sun is businessman deals in furniture, purchase of furniture debited to furniture a/c. It is errors of principle. (True)
10. Wages paid for installation of machinery, debited to wages a/c. It is an example of error of omission. (False)
11. Remuneration paid Rs20,000 was debited to employee’s personal account. Rectification entry of above problem is: Remuneration/Salary A/c Dr.
To Employee’s personal A/c (True)
12. Dividend received on non-trade investment Rs.500, credited to Investment A/c. (False)

CBSE Class 11 Accountancy Chapter 6 Trial Balance and Rectification of Errors MCQs

Question. Rs.2,000 received as commission correctly entered in the cash book is not posted to commission account. The ______side of trial balance will _______.
a) Debit, exceed
b) Credit, exceed
c) Debit, decrease
d) Credit, decrease
Answer. A

Question. While calculating cost of goods sold _____________should be added.
a) Wages
b) Salaries
c) Carriage outwards
d) None of them
Answer. A

Question. If a trial balance doesn’t agree, then which account is opened in order to reconcile the trial balance?
a) Profit and loss account
b) Suspense account
c) Goodwill account
d) Capital reserve
Answer. B

Question. Closing stock is not accounted in the trial balance because_______
a) It has not been brought into account
b) It has been brought into account
c) None of them
Answer. A

Question. Carriage inwards, carriage outwards, return inwards and return outwards.
a) All above items depict debit balances
b) All above items depict credit balances
c) One debit and three credit
d) One credit and three debit
Answer. D

Question. An item of Rs 72 has been debited to a personal account as Rs 27, is an error of
a) Error of Commission
b)Error of Omission
c) Error of Principle
d) None of the above
Answer. (A)

Question. Errors which affect one account can be:
a) Errors of complete omission
b) Errors of Principle
c) Errors of Partial Omission
d) none of these
Answer. (C)

Question. Which of the following errors will not affect the trial balance?
a) Wrong balance of an account
b) Wrong totaling of an account
c) Writing an amount in the wrong account but on the correct side
d) Omission of an account from trial balance
Answer. (C)

Question. In case a trial balance does not agree, the difference is put to
a) Suspense A/c
b) Drawings A/c
c) Capital A/c
d) Trading A/c
Answer. (A)

Question. Sale of typewriter that has been used in the office credited to sales account , which account is to be credited:
a) Sales A/c
b) Cash A/c
c) Capital A/c
d) Typewriter a/c
Answer. (D)

Question. Errors of carry forward from one year to another year affected
a) Personal Account
b) Real Account
c) Nominal Account
d) Both Personal &Real A/c
Answer. (D)

Question. If the amount is posted in the wrong account or it is written on the wrong side of the account, it is called
a) Error of Omission
b) Error of Commission
c) Error of Principle
d) Compensating Error
Answer. (B)

Question. Error of principle is
a) Credit purchase of machinery is recorded in purchase book
b) Credit purchase of machinery is recorded in journal proper
c) Credit purchase of goods recorded in purchase book
d) None of the above
Answer. (A)

Question. The amount of the dishonoured bill has been wrongly debited to the general expenses account. Which type of error has been committed?
a) Error of principle
b) Compensating error
c) Error of complete omission
d) All of these
Answer. (A)

CBSE Class 11 Accountancy Chapter 6 Trial Balance and Rectification of Errors Match The Following

Qiestion.
1. Trial balance is a statement which does              a. Errors of omission
not ensure the accuracy of books of accounts .
The errors which remain undetected even if
the trial balance agrees are
2. if the effect of one error is neutralized by           b. Errors of commission
the effect of some other error it is
                                                                               c. Compensating error
                                                                              d. All of the above
Answer 1-d 2- c

Qiestion.
1.Closing stock will not figure in the             a. It has not yet been brought into account
trial balance because
2. if the debit side of Trial balance of           b. It has been brought into account
exceeds the credit side ,the difference
will be put on
                                                                    c. credit side of suspense account
                                                                    d. debit side of trial balance
Answer 1-a 2-c

Qiestion.
1. if Rs5,000 is received as rent and correctly              a. Debit side of trial balance will exceed by rupees 5,000
entered in the cash book are not posted to rent
account, its effect on trial balance would be
2.if Rs5,000 is received as rent and correctly               b. Credit side of trial balance will exceed by rupees 5,000
entered in the cash book and posted to credit of
rent account, its effect on trial balance would be
                                                                                      c. Trial balances will not agree .
                                                                                      d.Trial balances will agree .
Answer : 1-a 2-d

Qiestion.
1. A trial balance may be prepared at          a. End of every month, quarterly ,half yearly
2. journal is prepared                                   b. every day
                                                                    c. yearly
                                                                    d. Particular Date .
Answer 1- d 2- b

Qiestion.
1. If the effect of one error is neutralized     a. error of commission
by the effect of some other error .it is
2.If a wrong amount is entered either in      b. compensating error
the journal or subsidiary book
Answer 1-b. 2- a

Question Which item is shown as debit balance in the Trial Balance
(a) Cash in Hand.
(b) Rent Outstanding.
(c) Creditors.
(d) Bank Overdraft.

Answer  :  A

Question  Trial Balance is a list of the balance of
(a) All Accounts.
(b) Only Personal and Real Accounts.
(c) Only Real and Nominal Accounts.
(d) Only Personal Accounts.

Answer  :  A

Question . Which of the following errors is revealed by the Trial Balance :  
(a) Wrong amount entered into the book of original entry
(b) 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

Question . Which item shows a debit balance in the Trial Balance?  
(a) Purchase Return
(b) Salary outstanding
(c) Sales
(d) Prepaid Expense

Answer  :  D

Question . Which of the following is not an error of commission :  
(a) A sale of Rs.560 not recorded in Books at all.
(b) Rent paid to landlord was posted to Landlord’s Account
(c) A purchase of Rs.840 was wrongly posted to sales Account.
(d) Instead of credited Shyam credited the other creditor Sham.

Answer  :  A

Question . Which of the following errors will not affect the trial balance :  
(a) Wrong balancing of an account
(b) Wrong totalling of an account
(c) Omission of an account from the trial balance
(d) Writing an amount in the wrong account but on the correct side

Answer  :  D

Question . Rs. 10,000 received from Apoorva is credited in the account of Prachi. It is an error of  
(a) Principle
(b) Omission
(c) Commission
(d) Compensatory

Answer  :  C

Question  The preparation of Trial Balance helps in
(a) Judging the Financial Position.
(b) Locating Errors of All Types.
(c) Preparation of Final Accounts.
(d) None of these.

Answer  :  C

Question  Suspense Account is opened when:
(a) Balance Sheet does not match.
(b) Trial Balance does not match.
(c) Total of Sales Account does not agree.
(d) None of these.

Answer  :  B

Question . Which of the following is the error of principle?  
(a) The purchase book was over casted by Rs.500
(b) Credit sale to Arun Rs.700 recorded as purchase from Arun
(c) Goods returned to Charu Rs.4,000, posted in Chinoo’s A/c
(d) Wages paid for installation of machinery debited to Wages A/c

Answer  :  D

Question . A machine is purchased for Rs. 10,000 which was wrongly recorded in purchase account. Due to this error……..  
(a) Trial balance will show difference of Rs. 10,000
(b) Trial balance will not show any difference
(c) Trial balance will show the difference of Rs.20,000
(d) Trial balance will show a difference of Rs.5,000

Answer  :  B

Question  A Trial Balance is
(a) a statement.
(b) a summary,
(c) an account.
(d) None of these.

Answer  :  A

Question  An Asset Account shows a __________ balance.
(a) credit
(b) debit
(c) debit or credit
(d) None of these.

Answer  :  B

Question  Preparation of a Trial Balance is
(a) compulsory.
(b) optional.
(c) compulsory or optional.
(d) None of these.

Answer  :  B

Question  A Trial Balance shows
(a) only credit balance.
(b) only debit balance.
(c) both debit and credit balances.
(d) either debit or credit balance.

Answer  :  C