CBSE Class 11 Trial Balance and Rectification of Errors Multiple Choice Questions with Answers. MCQ Questions Class 11 Trial Balance and Rectification of Errors with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Trial Balance and Rectification of Errors with Answers to know their preparation level.
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MCQ Questions Class 11 Trial Balance and Rectification of Errors with Answers - Set - 3
Question 1:
On purchase of old furniture, the amount of Rs. 1,000 spent on its repairs should be debited to –
(a) Furniture Account
(b) Repairs Account
(c) Cash Account
(d) None of the options
Correct Answer – (A)
Question 2:
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
Correct Answer – (A)
Question 3:
Goods of Rs. 1,000 taken by the proprietor for personal use should be credited to
(a) Sales Account.
(b) Proprietor’s Personal Expenses Account.
(c) Purchases Account.
(d) None of these.
Correct Answer – (C)
Question 4:
Rectification entries are passed in –
(a) Journal Proper
(b) Purchase Book
(c) Sales Book
(d) None of the options
Correct Answer – (A)
Question 5:
Goods sold to Sethi for Rs.640 was recorded in his account as Rs.460. In the rectifying entry, Sethi’s A/c will be debited with :
(a) 180
(b) 460
(c) 640
(d) 1,100
Correct Answer – (A)
MCQ Questions Class 11 Trial Balance and Rectification of Errors With Answers
Question 6:
Errors of complete omission permit
(a) Correct totalling of Trial Balance
(b) Correct totalling of B/S
(c) The Trial balance to agree
(d) All the above
Correct Answer – (D)
Question 7:
A Trial Balance shows
(a) only credit balance.
(b) only debit balance.
(c) both debit and credit balances.
(d) either debit or credit balance.
Correct Answer – (C)
Question 8:
A Suspense Account will give the
(a) Debit or Credit balance
(b) Debit balance
(c) Credit balance
(d) None of the options
Correct Answer – (A)
Question 9:
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
Correct Answer – (A)
Question 10:
Goods lost by fire should be credited to:
(a) Trading A/c
(b) Loss by Fire A/c
(c) Sales A/c
(d) Profit & Loss A/c
