Rectification Of Error CBSE Questions & Answers

Rectification Of Error

This is Accountancy Class 11 Rectification of Error CBSE Questions & Answers. There are 15 questions in this test with each question having around four answer choices.

Questions & Answers

1
Which of the following error will disturb the balancing of trial balance
  • A
    Adding up the returns inwards journal as Rs.11400 instead of Rs.12600
    Correct
  • B
    Recording a sales invoice for Rs.65000 in the sales journal
  • C
    Recording in the purchase journal an invoice for acquiring a non current assets for Rs.60000
  • D
    Falling to record a purchase invoice for Rs.54000 in the purchase journal
2
A sale to Chetan for Rs.21, 400 has been posted to the customer's account as Rs.24,100. The trial balance failed to balance but the difference has not been placed in a Suspense account. The journal entry to correct this error would require which of the following
  • A
    Debit Suspense account and credit Chetan's account with Rs.2,700
  • B
    Debit sales account and credit Chetan’s account with Rs.2700
  • C
    Credit Chetan's account with Rs.2,700
    Correct
  • D
    Debit Chetan's account with Rs.2,700
3
Raj Hans Traders paid Rs.25,000 to Preetpal Traders (a supplier of goods). This transaction was correctly recorded in the cashbook. But while Trial Balance and Rectification of Errors posting to the ledger, Preetpal’s account was debited with Rs.2,500 only. This constitutes an error
  • A
    Commission
    Correct
  • B
    Omission
  • C
    Compensating
  • D
    Principle
4
A trial balance is prepared to know:
  • A
    Both sides are equal
    Correct
  • B
    Debit Balance
  • C
    Balance of Suspense Account
  • D
    Credit Balance
5
Credit sales to Mohan Rs.10,000 had been duly recorded in the sales book but the posting from sales book to Mohan’s account has not been made, it would be an error of
  • A
    Principle omission
  • B
    Compensating
  • C
    partial omission
    Correct
  • D
    Complete omission
6
If a credit purchase of machinery is recorded in purchases book instead of journal proper it is an error of
  • A
    Errors of Commission
  • B
    Error of principle
    Correct
  • C
    Compensating Errors
  • D
    Errors of Omission
7
If purchases book has been overcast by Rs.10,000 resulting in excess debit of Rs.10,000 in purchases account and sales returns book is undercast by Rs.10,000 resulting in short debit to sales returns account is an example of which error
  • A
    compensating errors
    Correct
  • B
    Errors of Commission
  • C
    Error of principle
  • D
    Errors of Omission
8
Which of the following will not affect the trial balance
  • A
    Instead of debiting amounts by mistake are written in credit
  • B
    Instead of writing debit side accounts has posted in credit side
  • C
    Not posted in subsidiary accounts, accounts are not opened in the ledger
  • D
    goods return to supplier not recorded
    Correct
9
Match the following. Options are as follows:
Question 9 figure 1
  • A
    a(i),b(ii),c(iv),d(iii)
  • B
    a(ii),b(i),c(iv),d(iii)
    Correct
  • C
    a(ii),b(i),c(iii),d(iv)
  • D
    a(i),b(ii),c(iii),d(iv)
10
Purchase Book has been undercast (short totaled) by Rs.100, Purchase A/c will be debited short by Rs.100, decreasing the debit side of Trial Balance by Rs.100.It is an example of which error
  • A
    Error of Recording in the Book Of Original Entry
    Correct
  • B
    Error of Posting
  • C
    Error in Totaling or Balancing of Ledger A/c
  • D
    Wrong Totaling of Subsidiary Book
11
Sales Book is overcast by Rs.1000. In this case
  • A
    Have no effect on both Sales A/c and Debtors A/c
  • B
    Sales A/c is wrongly credited by excess amount of Rs.1000
    Correct
  • C
    Debtors A/c is wrongly credited by excess amount of Rs.1000
  • D
    Both Sales A/c and Debtors A/c wrongly credited by excess amount of Rs.1000
12
Name the account affected by the following example- Machinery purchased Rs.4000 has been debited to purchase account
  • A
    None of these
  • B
    Machinery account and Purchase account
    Correct
  • C
    Assets account and Purchase account
  • D
    Machinery account and Goods account
13
One amount of Rs.375 have been posted on the debit side of the commission account instead of Rs.275. In rectifying the rectifying entry commission account would be
  • A
    Credited by Rs.50
  • B
    Debited by Rs.100
  • C
    Credited by Rs.100
    Correct
  • D
    Debited by Rs.50
14
What account will be credited for the goods given as charity?
  • A
    Purchase A/c
    Correct
  • B
    Charity A/c
  • C
    Sales A/c
  • D
    None of these
15
Rs.200 received from Shyam whose account was previously written off as bad debts should be credited to
  • A
    Shyam A/c
  • B
    Cash A/c
  • C
    Bad debts recovered A/c
    Correct
  • D
    None