Page 1 - Home Assignment

CLASS XI

ACCOUNTANCY

TRIAL BALANCE

1) Trial balance is used to check the accuracy of

A) Balance sheet balances

B) Ledger accounts balances

C) Cash flow statement balances

D) Income statement balances

2. In the books of account if a transaction is completely deleted, will

it affect the trial balance?

A) No

B) Yes

C) Both A and B

D) None

03 What is used in preparing trial balance?

A) Specialized Journals

B) Balance Sheet

C) Ledger Accounts

D) General Journal

04. What is the trial balance used?

A) It is a financial statement

B) It records balances of a balance sheet

C) It doesn’t contribute to the accounting cycle

D) It records balances of accounts