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

MCQ Class 11 Accountancy Chapter 6 Trial Balance and Rectification of Errors : MCQ Questions for Class 11 Accountancy with Answers PDF Free Download prepared here according to the latest CBSE RBSE and Other State Board syllabus and NCERT curriculum.

MCQ Class 11 Accountancy Chapter 6 Wise with answer and Free PDF Download

MCQ Class 11 Accountancy Chapter 6 Trial Balance and Rectification of Errors

Q1. Which of the following is not an error of commission?

(i) Overcasting of sales book.
(ii) Credit sales to Ramesh Rs. 5,000 credited to his account.
(iii) Wrong balancing of machinery account.
(iv) Cash sales not recorded in cash book.

(iv) Cash sales not recorded in cash book.

Q2. Goods lost by fire should be credited to:

(i) Trading A/c
(ii) Loss by Fire A/c
(iii) Sales A/c
(iv) Profit & Loss A/c

(i) Trading A/c

Q3. Sales of Rs.10,000 recorded as Rs. 1,000 is an example of:

(i) Compensating Error
(ii) Errors of principle
(iii) Errors of omission
(iv) Errors of commission

(i) Compensating Error

Q4. How many methods are there for preparing Trial Balance –

(i) One
(ii) Three
(iii) Four
(iv) None of these.

(iii) Four

Q5. If the trial balance agrees, it implies that:

(i) there is no error in the books.
(ii) there may be two sided errors in the book.
(iii) there may be one sided error in the books.
(iv) there may be both two sided and one sided errors in the books.

(ii) there may be two sided error in the books.

Q6. Trial Balance might match in spite of presence of:

(i) Errors of complete omission, Errors of principle
(ii) Errors of complete omission
(iii) Errors of commission
(iv) Errors of principle

(i) Errors of complete omission, Errors of principle

Q7. Rectification entries are passed in –

(i) Journal Proper
(ii) Purchase Book
(iii) Sales Book
(iv) None of the options

(i) Journal Proper

Q8. Which of the following is prepared on the basis of Trial Balance –

(i) Journal
(ii) Ledger
(iii) Final Accounts
(iv) None of these.

(iii) Final Accounts

Q9. If wages paid for installation of new machinery is debited to wages account, it is

(i) an error or commission.
(ii) an error of principle
(iii) a compensating error.
(iv) an error of omission.

(ii) an error of principle.

Q10. A Suspense Account will give the

(i) Debit or Credit balance
(ii) Debit balance
(iii) Credit balance
(iv) None of the options

(i) Debit or Credit balance

Q11. A Trial Balance is prepared to

(i) Ensure Arithmetical accuracy
(ii) Locate Errors of Principle
(iii) Locate Errors of omission
(iv) Locate Errors of commission

(i) Ensure Arithmetical accuracy

Q12. The error which can be disclosed by Trial balance-

(i) Error of ommission
(ii) Error of principal
(iii) Compensatory error
(iv) None of these.

(iv) None of these

Q13. Trial balance is:

(i) an account.
(ii) a statement.
(iii) a subsidiary book.
(iv) a principal book.

(ii) a statement.

Q14. A Trial Balance shows

(i) only credit balance.
(ii) only debit balance.
(iii) both debit and credit balances.
(iv) either debit or credit balance.

(iii) both debit and credit balances.

Q15. Goods worth Rs.100 given as charity should be credited to –

(i) Purchase Account
(ii) Sales Account
(iii) Charity Account
(iv) None of the options

(i) Purchase Account

Q16. Errors Committed by omitting entries in the Journal book is called –

(i) Error of commission
(ii) Error of principle
(iii) Error of omission
(iv) None of these.

(iii) Error of omission

Q17. Which of the following errors will be rectified through suspense account?

(i) Sales return book undercast by Rs. 1,000.
(ii) Sales return by Madhu Rs. 1,000 not recorded.
(iii) Sales return by Madhu Rs. 1,000 recorded as Rs. 100.
(iv) Sales return by Madhu Rs. 1,000 recorded through purchases return book

(i) Sales return book undercast by Rs. 1,000.

Q18. Errors of complete omission permit

(i) Correct totalling of Trial Balance
(ii) Correct totalling of B/S
(iii) The Trial balance to agree
(iv) All the above

(iv) All the above

Q19. Rs. 2,000 paid as wages for erecting a machine should be debited to –

(i) Machinery Account
(ii) Wages Account
(iii) Capital Account
(iv) None of the options

(i) Machinery Account

Q20. If the trial balance does not tally after many efforts then following Account is opened –

(i) Purchase account
(ii) Suspense account
(iii) Sales account
(iv) None of these.

(ii) Suspense account

Q21. Preparation of a Trial Balance is

(i) compulsory.
(ii) optional.
(iii) compulsory or optional.
(iv) None of these.

(ii) optional.

Q1. Sales of Rs.10,000 recorded as Rs. 1,000 is an example of:

a) Compensating Error
b) Errors of principle
c) Errors of omission
d) Errors of commission

a) Compensating Error


Q2. Trial Balance might match in spite of presence of:

a) Errors of complete omission, Errors of principle
b) Errors of complete omission
c) Errors of commission
d) Errors of principle

a) Errors of complete omission, Errors of principle


Q3. Compensating errors are of a _ nature.

a) Neutralizing
b) Consistent
c) Concealing
d) Accommodating

a) Neutralizing


Q4. Rectification entries are passed in –

a) Journal Proper
b) Purchase Book
c) Sales Book
d) None of the options

a) Journal Proper


Q5. Under casting of Sales book is corrected by______Sales Account

a) Crediting
b) Debiting
c) Balancing
d) Ignoring

a) Crediting


Q6. A Suspense Account will give the

a) Debit or Credit balance
b) Debit balance
c) Credit balance
d) None of the options

a) Debit or Credit balance


Q7. Purchase of office furniture worth Rs. 5,000 has been debited to General expenses account. Identify the error.

a) Error of Principle
b) Clerical error
c) Error of omission
d) None of the options

a) Error of Principle


Q8. Rs. 2000 received from Smith whose account was previously written off as bad debt should be credited to –

a) Bad debts recovered Account
b) Smiths Account
c) Cash Account
d) None of the options

a) Bad debts recovered Account


Q9.A Trial Balance is prepared to

a) Ensure Arithmetical accuracy
b) Locate Errors of Principle
c) Locate Errors of omission
d) Locate Errors of commission

a) Ensure Arithmetical accuracy


Q10. Which of the following is prepared on the basis of Trial Balance –

(a) Journal
(b) Ledger
(c) Final Accounts
(d) None of these.

(c) Final Accounts


Q11. Of the two sides of Trial balance does not tally, which Account is opened –

(a) Suspense Account
(b) Personal Account
(c) Real Account
(d) None of these.

(a) Suspense Account


Q12. The error which can be disclosed by Trial balance-

(a) Error of ommission
(b) Error of principal
(c) Compensatory error
(d) None of these.

(d) None of these.


Q13. Errors are rectified in this book-

(a) Ledger book
(b) Journal proper
(c) Trial balance
(d) None of these.

(b) Journal proper


Q14. Errors Committed by omitting entries in the Journal book is called –

(a) Error of commission
(b) Error of principle
(c) Error of omission
(d) None of these.

(c) Error of omission


Q15. If the trial balance does not tally after many efforts then following Account is opened –

(a) Purchase account
(b) Suspense account
(c) Sales account
(d) None of these.

(b) Suspense account


Q16. Which of the following errors will be rectified through suspense account?

(a) Sales return book undercast by Rs. 1,000.
(b) Sales return by Madhu Rs. 1,000 not recorded.
(c) Sales return by Madhu Rs. 1,000 recorded as Rs. 100.
(d) Sales return by Madhu Rs. 1,000 recorded through purchases return book

(a) Sales return book undercast by Rs. 1,000.


Q17. If the trial balance agrees, it implies that:

(a) there is no error in the books.
(b) there may be two sided errors in the book.
(c) there may be one sided error in the books.
(d) there may be both two sided and one sided errors in the books.

(b) there may be two sided errors in the book.


Q18. If 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 located.
(b) there are no more errors yet to be located.
(c) there are some two sided errors only yet to be located.
(d) there may be both one sided errors and two sided errors yet to be located.

(a) there are some one sided errors only in the books yet to be located.


Q19. If wages paid for installation of new machinery is debited to wages account, it is

(a) an error or commission.
(b) an error of principle
(c) a compensating error.
(d) an error of omission.

(b) an error of principle


Q20. Trial balance is:

(a) an account.
(b) a statement.
(c) a subsidiary book.
(d) a principal book.

(b) a statement.

MCQ Questions for Class 11 Accountancy with Answers Chapter Wise PDF Download

MCQ Questions for Class 11 Accountancy: Financial Accounting

  1. MCQ Class 11 Accountancy Chapter 1 Introduction to Accounting
  2. MCQ Class 11 Accountancy Chapter 2 Theory Base of Accounting
  3. MCQ Class 11 Accountancy Chapter 3 Recording of Transactions 1
  4. MCQ Class 11 Accountancy Chapter 4 Recording of Transactions 2
  5. MCQ Class 11 Accountancy Chapter 5 Bank Reconciliation Statement
  6. MCQ Class 11 Accountancy Chapter 6 Trial Balance and Rectification of Errors
  7. MCQ Class 11 Accountancy Chapter 7 Depreciation, Provisions and Reserves
  8. MCQ Class 11 Accountancy Chapter 8 Bills of Exchange
  9. MCQ Class 11 Accountancy Chapter 9 Financial Statements 1
  10. MCQ Class 11 Accountancy Chapter 10 Financial Statements 2
  11. MCQ Class 11 Accountancy Chapter 11 Accounts from Incomplete Records
  12. MCQ Class 11 Accountancy Chapter 12 Applications of Computers in Accounting
  13. MCQ Class 11 Accountancy Chapter 13 Computerised Accounting System
  14. MCQ Class 11 Accountancy Chapter 14 Structuring Database for Accounting
  15. MCQ Class 11 Accountancy Chapter 15 Accounting System Using Database Management System

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