Adaptive Practice
Trial Balance and Rectification of Errors
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Question 1 of 10
⏱ 0:30
Easy
What is the primary purpose of preparing a Trial Balance?
Medium
Which of the following errors will NOT affect the Trial Balance?
Medium
If a debit entry of ₹5,000 is posted as ₹500 in the ledger, what type of error has occurred?
Hard
Trial Balance totals agree but the final accounts do not show correct profit. Which error is most likely?
Medium
Which of the following errors can be detected by preparing a Trial Balance?
Medium
If a purchase of ₹10,000 is wrongly debited to the Sales Account, what type of error is this?
Medium
Which of the following errors will cause the Trial Balance to disagree?
Hard
A credit sale of ₹2,000 was recorded as ₹20,000 in the Sales Account. How will this error affect the Trial Balance?
Hard
To rectify an error where ₹1,000 was debited to Rent Expense instead of Salaries Expense, the correcting entry would be:
Hard
Which of the following is a compensating error?