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11th Standard English Medium Accountancy Subject Rectification of Errors Creative 1 Mark Questions with Solution Part - II

11th Standard

    Reg.No. :
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Accountancy

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5
  1. ________________ account will remain in the books until the location and rectification of errors.

    (a)

    Suspense

    (b)

    Ledger

    (c)

    Journal

    (d)

    None of these

  2. When errors are located and rectified, _______________ automatically gets closed.

    (a)

    Suspense account

    (b)

    Journal account

    (c)

    Trial balance

    (d)

    Final account

  3. Errors which affect one side of an account are called ___________

    (a)

    Single sided errors

    (b)

    Double sided errors

    (c)

    Both

    (d)

    None of the above

  4. Amount spent on servicing office Typewriter should be debited to:

    (a)

    Repairs account

    (b)

    Typewriter account

    (c)

    Miscellaneous expenses account

    (d)

    Drawings account

  5. Wages paid to workers for the installation of a new machinery should be debited to :

    (a)

    Wages account

    (b)

    Factory expenses account

    (c)

    Machinery account

    (d)

    Proprietor's account

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