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Class 11 Trial Balance and Rectification of Errors worksheet
CBSE Accountancy. Preparing a trial balance, kinds of errors, rectification entries, the suspense account and the effect of errors on profit. Every sheet has 20 questions in three sections and an answer key, and the numbers change every time.
Sample questions
Real questions from this chapter, as the app sets them. Tap Answer to see the answer and working.
Section A · multiple choice
- 1.
A trial balance is a list of:
- cash receipts only
- assets only
- journal entries
- ledger balances on a date
Answer
(d) ledger balances on a date
- 2.
In a trial balance, the balance of the Carriage Inwards account goes on the:
- neither side
- either side
- debit
- credit
Answer
(c) debit
- 3.
A trial balance has debit balances: Machinery ₹7,500, Bank ₹48,500, Carriage Inwards ₹8,500, Purchases ₹85,000, Sales Returns ₹4,000, Salaries ₹30,000; and credit balances: Sales ₹62,000, Purchases Returns ₹26,500, Bills Payable ₹13,000, and Capital. What is the capital?
- ₹1,21,500
- ₹1,83,500
- ₹1,44,000
- ₹82,000
Answer
(d) ₹82,000
Capital = ₹1,83,500 − ₹1,01,500
Section B · short answer
- 4.
What is a trial balance?
Answer
A statement of the debit and credit balances of all ledger accounts on a date, to check the arithmetical accuracy of the books.
- 5.
On which side of the trial balance does each balance go? (a) Bank Loan (b) Capital
Answer
(a) credit (b) credit
Section C · long answer
- 6.
Explain the kinds of errors with an example of each.
Answer
Commission: wrong amount posted; omission: a credit sale not recorded; principle: furniture bought debited to purchases; compensating: an excess debit in one account cancelled by an excess debit elsewhere on the other side.
Fresh sheets for your child
In the app, every Trial Balance and Rectification of Errors sheet is new: the app remembers the questions your child has already had and leaves them out. Print the sheet as a PDF, or use notebook mode and write the answers in a notebook.
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