Trial Balance and Rectification of Errors Class 11 MCQ: Check the below NCERT MCQ Questions for Accountancy Trial Balance and Rectification of Errors Class 11 MCQ with Answers Pdf free download. Trial Balance and Rectification of Errors Class 11 MCQ  Questions for Accountancy with Answers were prepared based on the latest exam pattern. We have provided Trial Balance and Rectification of Errors Class 11 Questions with Answers to help students understand the concept very well.

Trial Balance and Rectification of Errors Class 11 MCQ

1. A trial balance is prepared after _______.
(a) Preparation of the financial statement
(b) Recording the transactions in the subsidiary books
(c) Posting it to the ledger is complete
(d) Posting it to the ledger is complete, and the accounts have been balanced

2. Errors committed by omitting entries in the journal book are called ______.
(a) Error of commission
(b) Error of principle
(c) Error of omission
(d) None of the above

3. Trial balance is _______.
(a) An account
(b) A statement
(c) A subsidiary book
(d) A principal book

4. Errors committed due to lack on the basis of the principle of accounting are called ______.
(a) Compensating errors
(b) Error of principle
(c) Single-sided error
(d) None of the above

5. If the trial balance agrees, it implies that ______.
(a) There are no errors in the book
(b) There may be two-sided errors in the book
(c) There may be one-sided errors in the book
(d) There may be both one-sided errors and two-sided errors in the books

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By Team Learning Mantras