11. The equality of debits and credits is tested periodically by preparing a?
Correct!
Wrong!
12. Which of the following best describes a Trial balance?
Correct!
Wrong!
13. Preparation of Trial Balance helps to deduction of?
Correct!
Wrong!
14. For which of the following accounts is the normal balance a debit?
Correct!
Wrong!
15. The Trial balance?
Correct!
Wrong!
16. Types of trial balance are?
Correct!
Wrong!
17. Which one of the following could not be classified as revenue?
Correct!
Wrong!
18. Which most important reason for producing a trial balance prior to preparing the final accounting is?
Correct!
Wrong!
19. Suspense account in the trial balance is entered in the?
Correct!
Wrong!
20. Wages paid to workers for the installation of new Machinery should be debited to?
Correct!
Wrong!
Trial Balance (11-20)
Super Genius ***
Excellent **
Very Good **
Good *
Fair
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