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
The omission of an item relating to an income or gain will reduce the:
  • A
    Liabilities
  • B
    Loss
  • C
    Assets
  • D
    Profit
    Correct
2
A purchase of 6,000 from Sonu has not been recorded in the purchases book. It will:
  • A
    Not affect the profit
  • B
    Increase the profit
    Correct
  • C
    None of these
  • D
    Decrease the profit
3
The suspense account balance is recorded in the :
  • A
    Balance sheet
    Correct
  • B
    Trading account
  • C
    None of these
  • D
    Profit and loss A/c
4
Goods worth 1,000 given as charity should be credited to :
  • A
    None of these
  • B
    Purchases A/c
    Correct
  • C
    Sales A/c
  • D
    Charity A/c
5
Wages 5,000 paid for erecting a machine should be debited to :
  • A
    Cash A/c
  • B
    Wages A/c
  • C
    None of these
  • D
    Machinery A/c
    Correct
6
Under-casting of sales book is corrected by:
  • A
    Crediting Sales A/c
    Correct
  • B
    None of these
  • C
    Debiting Sales A/c
  • D
    Crediting Purchase A/c
7
Repairs to Machinery is debited to :
  • A
    Repairs A/c
    Correct
  • B
    Machinery A/c
  • C
    Fixed Asset A/c
  • D
    None of these
8
Rent paid to landlord should be debited to :
  • A
    Cash A/c
  • B
    Landlord A/c
  • C
    Rent A/c
    Correct
  • D
    None of these
9
Which of the following is not an error?
  • A
    Suspense
    Correct
  • B
    Commission
  • C
    Omission
  • D
    Compensating
10
When there is one sided error, we complete the entry by taking help of :
  • A
    Purchase Account
  • B
    Suspense Account
    Correct
  • C
    Expenditure Account
  • D
    Sales Account
11
An old Machinery purchased and spent Rs.5,000 on its repair should be debited to_____
  • A
    Repair Account
  • B
    Machinery Account
    Correct
  • C
    Expenditure Account
  • D
    Purchase Account
12
Goods worth Rs.2,000 distributed as free samples will be credited to ____________
  • A
    Stock Account
  • B
    Advertisement Account
    Correct
  • C
    Expenditure Account
  • D
    Sales Account
13
Purchase of office typewriter has been debited to General Expenses A/c. It is _____________
  • A
    Error of Commission
  • B
    An Error of Principle
    Correct
  • C
    Error of Omission
  • D
    A Clerical Error
14
Suspense account can show __________ Balance
  • A
    None of these
  • B
    Debit or Credit
    Correct
  • C
    Only Credit
  • D
    Only Debit
15
Effect of Error of omission on Trial Balance is ______
  • A
    Debit side is less
  • B
    Debit side is more
  • C
    No Effect, Trial balance agrees
    Correct
  • D
    Credit side is less