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DK GOEL-TRIAL BALANCE AND ERRORS -SHORT ANSWER QUESTIONS
- What is Trial balance ? State any four functions of a Trial balance.
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- Trial balance is a link between ledger and final accounts.
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- "Is Trial balance merely a proof of Arithmetical accuracy" ? Explain t...
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- Give two examples of compensating errors.
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- What is meant by error of omission ? Given any one example.
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- What is error of principle? Given two examples.
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- Name four errors which cannot be disclosed by preparing a Trial balanc...
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- What is a suspense account ? When is it opened ?
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- On which side of the trial balance, the following ledger balances will...
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- State whether the balance of the following accounts should be placed i...
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- State whether the following accounts will indicate a debit or credit b...
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- Classify the under-mentioned error into :- (a) Error of osmission, (...
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- Which of the following errors will affect the trial balance ? (i) Th...
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- What is Trial balance ? Does the balancing of this ensure accuracy of...
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