Test Your Knowledge on Trial Balance & Errors Chapter of Accountancy-Class XI-CBSE

trial balance is a list of all the nominal ledger (general ledger) accounts contained in the ledger of a business. This list will contain the name of the nominal ledger account and the value of that nominal ledger account. The  purpose of a trial balance is to prove that the value of all the debit value balances equal the total of all the credit value balances.Trialing, by listing every nominal ledger balance, ensures accurate reporting of the nominal ledgers for use in financial reporting of a business’s performance. If the total of the debit column does not equal the total value of the credit column then this would show that there is an error in the nominal ledger accounts.

10 Quick Questions on Trial Balance & Errors

Trial Balance is:

From the following which is method for the preparation of Trial Balance:

Trial Balance is a part of Accounting Process:

Equality of Debit and Credit of the Trial Balance means that there are absolutely no errors in the books of accounts

Which A/c is opened when Trial Balance doesn't tally?

"Repairs on overhauling of second hand machinery purchased was debited to Repairs Account"- it is error of:

Rs. 2,000 paid for Furniture purchased, debited to Purchase A/c: This error will effect the Trial Balance

From the following which is :"Error not effecting Trial Balance"

Trial Balance is prepared:

Goods sold to Ram for Rs. 650 were recorded as Rs. 560 in the Sales Book: it is error of:

Watch the video to learn how to find out errors in trail balance.


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