Please refer to Chapter 6 Trial Balance and Rectification of Errors MCQ Class 11 Accountancy with answers below. These multiple-choice questions have been prepared based on the latest NCERT book for Class 11 Accountancy. Students should refer to MCQ Questions for Class 11 Accountancy with Answers to score more marks in Grade 11 Accountancy exams. Students should read the chapter Trial Balance and Rectification of Errors and then attempt the following objective questions.

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

Trial Balance and Rectification of Errors MCQ Class 11 Accountancy provided below covers all important topics given in this chapter. These MCQs will help you to properly prepare for exams.

Question. What kind of accuracy is tested by Trial balance-
(a) Practical
(b) Theoritical 
(c) Arithmetical
(d) None of these.

Question. Which of the following is an error of principles?
(a) Wages paid on installations of machinery is debited to wages account.
(b) Rent paid to B is debited to B’s Account.
(c) Repairing expenses of machinery added with machinery.
(d) All of the above.

Question. Which of the following errors are disclosed by trial balance?
(a) Omission to post an amount into ledger.
(b) Omission to post an account in trial balance.
(c) Wrong totalling of ledger account.
(d) All of the above.

Question. Errors Committed by omitting entries in the Journal book is called –
(a) Error of omission
(b) Error of principle
(c) Error of commission
(d) None of these.

Question.. 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

Question.. Under casting of Sales book is corrected by______Sales Account
(a) Crediting
(b) Debiting
(c) Balancing
(d) Ignoring

Question.. Trial balance is:
(a) an account.
(b) a statement.
(c) a subsidiary book.
(d) a principal book.

Question.. 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.

Question. 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

Question. Rectification entries are passed in –
(a) Journal Proper
(b) Purchase Book
(c) Sales Book
(d) None of the options

Question. 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

Question.. Rectification entries are passed in –
(a) Journal Proper
(b) Purchase Book
(c) Sales Book
(d) None of the options

Question. 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.

Question. The errors in the books of account are broadly divided into:
(a) Two groups
(b) Three groups
(c) Four groups
(d) Five groups

Question. 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

Question. 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.

Question. 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.

Question. Errors in journals and the ledger are:
(a) Errors of commission
(b) Bookkeeping errors
(c) Compensating errors
(d) Errors of principle

Question. The cost of furniture debited to the purchases account is an example of:
(a) Error of commission
(b) Error of principle
(c) Error of omission
(d) Compensating error

Question. 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.

Question. Trial balance is:
(a) an account.
(b) a statement.
(c) a subsidiary book.
(d) a principal book.

Question. Which of the following is not an error of commission?
(a) Overcasting of sales book.
(b) Credit sales to Ramesh Rs. 5,000 credited to his account.
(c) Wrong balancing of machinery account.
(d) Cash sales not recorded in cash book.

Question. How many methods are there for preparing Trial Balance –
(a) One
(b) Three
(c) Four
(d) None of these.

Question. 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.

Question.. 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.

Question.. 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.

Question. Which of the following statement is correct?
(a) Repairs to machinery affect machinery account.
(b) Wages on the erection of machinery does not affect machinery account.
(c) Debiting rent paid on buildings to building account is an error of principle.
(d) A purchase of goods for Rs. 50,000 from Ram omitted to be recorded affects only Ram’s account.

Question. Which of the following statement is false?
(a) Errors of omission arise due to complete omission of the transaction in the books or omission of posting to the ledger.
(b) Under or overcast of a subsidiary book is an example of error of commission.
(c) All errors are rectified by means of journal entries.
(d) Double sided compensating errors are possible.

Question. When a transaction is wholly or partially recorded incorrectly, it is called:
(a) Error of commission
(b) Error of principle
(c) Error of omission
(d) Error of posting

Question. Insufficient depreciation is an example of:
(a) Error of commission
(b) Error of omission
(c) Error of principle
(d) Compensating error

Question. If transaction is totally omitted from the books, it is called?
(a) Error of commission
(b) Error of principle
(c) Error of recording
(d) Error of omission

Question. Which one of the following could not be classified as revenue expense?
(a) Purchase of a fixed asset, by check
(b) Goods purchase for resale by cash
(c) Paid rent
(d) Wages paid by cash

Question. The error which can be disclosed by Trial balance-
(a) Error of ommission
(b) Error of principal
(c) Compensatory error
(d) None of these.

Question. 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.

Question. Disagreement of trial balance includes which errors?
(a) Errors of omission
(b) Wrongly totaling of subsidiary books
(c) Compensating errors
(d) a and c only

Question. Which account is generally used for Rectification of Errors?
(a) Memorandum Account
(b) Adjustment Account
(c) Rectification Account
(d) Suspense Account

Question. A trial balance is a
(a) Personal Account
(b) Real account
(c) Nominal account.
(d) Statement of Ledger balance

Question. Goods of Rs. 1,000 purchased from Mr. “A” were recorded in sales book, the rectification of this error will?
(a) Increase the gross profit
(b) Reduce the gross profit
(c) Have no effect on gross Profit
(d) None of the given options

Question. Failure to differentiate between capital and revenue expenditures so this error is called?
(a) Error of omission
(b) Compensating error
(c) Error of Principles
(d) none of them

Question. Which of the following errors is disclosed by trial balance?
(a) Error of principle.
(b) Wrong amount posted in ledger account.
(c) Non-recording of a transaction in the books of original entry.
(d) Errors of omission.

Question. Which of the following statement is false?
(a) Trial balance is a statement which is drawn on a particular date.
(b) Closing stock does not appear in the trial balance unless otherwise purchase is adjusted.
(c) All expenses will appear in the credit column of the trial balance.
(d) Balance of ledger accounts are shown in the trial balance.

Question. Trial balance is prepared on the basis of:
(a) Journal
(b) Ledger balances
(c) Trading account
(d) Profit & Loss account

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

 Fill In The Blanks

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

Question. Interest paid Rs..700 were credited in interest account. To rectify error interest account will debit by Rs. ………

Question. Purchase book under cast by Rs. 500. For rectify this mistake purchase account will …………….. by Rs…………………..

Question. Brokerages Rs 800 paid were posted to travelling expense account Rs. 500. To rectify error suspense account will Credited by Rs. ……… .

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

Question. Goods withdrawn by kailash for personal use Rs. 500 were not recorded in the book. In rectification entry ……………… account credited.

Question. Ajay a debtor not included in the list of sundry debtors list. To rectifying this error Ajay account will ……….

Question. Old furniture was sold for Rs. 450 but amount has been entered in the sales day book as Rs. 540. To correct this mistake suspense account will be credited by Rs…………….

Question. Goods sold to Mohan Rs. 10,000 was posted to his account as Rs. 1000. To rectify error Mohan account will debit by Rs……….

Question. Furniture purchased for Rs. 5000 wrongly debited to purchase account. To rectify error furniture account will……………….

Question. Cash received from Ramesh Rs. 2000 is correctly recorded in cash book but debited to his account. To rectify mistake Ramesh account will credit by Rs………………

Question. Sale to Mukul 2300 on credit was recorded twice in the sales book. In rectification entry……………account will be debited by 2300.

Question. Commission account debited by Rs. 500 instead of rent account, so in rectification entry rent account will …………….

Question.. Trial balance is merely a …………… not an Account.

Question.. Suspense Account is a ……………. Account.

True/false

Question. The total of “Discount allowed “column in the cash book, amounting to Rs.125 was not posted using a suspense account. Rectification entry is
Discount allowed A/c Dr. 125
To Suspense A/c 125

Question. Credit sales to Mr. Day Rs.50,000 were not recorded in sales book. This is an error which do not affect the trial balance.

Question. . Cash in hand Rs.50,000; Cash Sales Rs.1,00,000; Cash Purchases Rs. 40,000; Closing balance of cash will be Rs. 60,000.

Question. Rs.5000 paid to Kapil were entered in cash book but omitted to the ledger using a Suspense A/c, Rectification entry is
Kapil’s A/c Dr. 5000
To Suspense A/c 5000 

Question. Mr. Chhajer an amount Rs.10,000 deposited into fixed deposit through cheque of saving a/c. Accountant instead of crediting Capital A/c , Bank A/c credited. This type of error is “Error of commission”. However, fixed deposit a/c is correctly recorded.

Question. Goods of the value of Rs.1,000 returned by Mr.SAD were entered in the sales book and posted there from to the credit of his account. To rectify the errors, using a suspense account, it is credited by Rs.2000.

Question. Closing stock is Rs.50,000;market value of closing stock is Rs.45,000. It will be shown in the trial balance at Rs. 50,000.

Question. Old furniture sold recorded as sale of goods is example of one sided error.

Question. Rectification of error is part of an accounting.

Question. Errors of principle affect only one account.

Question. One-sided errors detected before the preparation of the trial balance are rectified without journal entries.

Question. Agreement of trial balance means that there is no error in the books of account.

Question . Following trial balance is given to you:

Heads of Accounts	Dr. balance (Rs)	Cr.balance (Rs)
Furniture A/c	1,00,000
Capital A/c		1,80,000
Cash A/c	60,000
Loan A/c		40,000
	1,60,000	2,20,000

The difference in trial balance will be trial balance will be transferred to Suspense A/c.

Question. Following account of Mohan is given to you:

Dr.

Date	Particulars	L.F	Rs.	Date	Particulars	L.F	Rs.
2018 April 15	To Sales A/c		50,000	April 20 April 20	By Cash By Discount		49,500 500
			50,000				50,000

If we are following the balance method in trial balance , than Rs. 50,000 will be shown in the debit balance of Mohan A/c.

Question.. What Balance is shown by Drawing Account?

Question.. “A Trial balance is a statement of debit and Credit Balances Extracted from the ledger with a view to test the arithmetical accuracy of the books.” Who said this?

Question.. When are rectifying entries passed?

Match The Following

Question.

1. Rent paid Rs 500 was credited to Rent account .what amount will be debited in Rent account	a. 5,000
2. Rent paid Rs 500 was credited to Rent account with Rs 5,000 .what amount will be debited in Rent account	b. 5,00
	c. 1,000
	d. 5,500

Question .

Statement	affected account to be
1. For cancelling the effect of excess Debit :	a. Debit
2. For cancelling the effect of short Debit :	b. Credit
	c. None of the above

Question.

Statement	Type of Error
1. Paid cash Rs. 1,500 to Usha, debited in Uma’s A/c	a. Error of Principle
2. Paid wages Rs. 500 on purchases of a Machine Debited in WagesA/c	b. Error of omission
	c. Compensating Error
	d. Error of commission

Question.

Statement	Type of Error
1. Sales book overcast by Rs. 700	a. Error of Principle
2. Goods purchased Rs. 3,000 omitted to be recorded	b. Error of omission
	c. Compensating Error
	d. Single sided error

Question.

Rectification Entry	Type of Error
1. Purchases A/c Dr. 5,000 To suspense A/c 5,000 (Bought goods for cash omitted to be recorded in Purchases A/c, now rectified)	a. Single-sided Error
2. Rohan’s A/c Dr. 300 To Discount received A/c 300 (Discount received from Rohan not recorded, now corrected)	b. Double-sided Error

Question.

Rectification Entry	Type of Error
1. Drawings A/c Dr. 500 To Purchases A/c 500 (Goods drawn for personal use Omitted to be recorded, now rectified)	a. Single-sided Error
2. Suspense A/c Dr. 900 To Rakesh 900 (cash received from RakeshRs. 1,000 wrongly posted as Rs. 100, now rectified)	b. Double-sided Error

Question.

Error	Rectification Entry
1. Credit sales Rs. 10,000 to Sohan were omitted to passed through Sales Account	a. Sohan’s A/c Dr. 2,000 To Sales A/c 2,000
2. Credit sales Rs. 10,000 to Sohan were Omitted to be written in Sohan’s A/c	b. Sales A/c Dr. 2,000 To Sohan 2,000
	c. Sohan Dr. 10,000 To Suspense A/c 10,000
	d. Suspense A/c Dr. 10,000 To Sales A/c 10,000

Question.

Error	Rectification Entry
1. Credit sales Rs. 10,000 to Sohan were Recorded as 12,000	a. Sohan’s A/c Dr. 2,000 To Sales A/c 2,000
2. Credit sales Rs. 10,000 to Sohan were Recorded as Rs. 8,000	b. Sales A/c Dr. 2,000 To Sohan 2,000
	c. Sohan Dr. 10,000 To Suspense A/c 10,000
	d. Suspense A/c Dr. 10,000 To Sales A/c 10,000

Question.

Statement	Options
1. Sold goods Rs. 2,000 to Ravi, debited in Ravish’s A/c	a. will not affect the Trial Balance
2. Cash Book debited in excess Rs. 1,000	b. will affect the Trial Balance

Question.

Statement	Options
1. Goods given away as charity Rs. 5,000 omitted to be recorded	a. will not affect the Trial Balance
2. Cash paid Rs. 10,000 to Ram omitted to be recorded in his A/c	b. will affect the Trial Balance

Question.

Statement	Type of error
1. Errors occurred due to ignorance of principles of accounting	a. Error of Principle
2. Errors happening due to committing two or more errors eliminating their mutual effect	b. Error of omission
	c. Compensating Error
	d. Error of commission

Question.

Statement	Type of error
1. Errors which are committed due to wrong posting of transaction.	a. Error of Principle
2. Errors committed due to missing an entry.	b. Error of omission
	c. Compensating Error
	d. Error of commission

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