11th Standard Syllabus & Materials

11th Standard

TN 11th Tamil இயற்கை வேளாண்மை,சுற்றுச்சூழல் -செய்யுள் - மனோன்மணீயம் Important Questions And Answers Study Material - QB365 Set A

NEW

11th Standard

TN 11th Tamil என்னுயிர் என்பேன் -துணைப்பாடம் - இசைத்தமிழர் இருவர் Important Questions And Answers Study Material - QB365 Set A

NEW

11th Standard

TN 11th Tamil மொழி கலை -செய்யுள் - ஒவ்வொரு புல்லையும் Important Questions And Answers Study Material - QB365 Set A

NEW

11th Standard

TN 11th Tamil பீடு பெற நில் - இலக்கணம் - பகுபத உறுப்புகள் Important Questions And Answers Study Material - QB365 Set A

NEW

11th Standard

TN 11th Tamil பீடு பெற நில் - துணைப்பாடம் - வாடிவாசல் Important Questions And Answers Study Material - QB365 Set A

NEW

11th Standard

TN 11th Tamil பீடு பெற நில் - செய்யுள் - குறுந்தொகை Important Questions And Answers Study Material - QB365 Set A

11th Standard Accounts Rectification of Errors English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021

Published on: 18/11/2020

Download Tamil Nadu 11th Standard Accountancy question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.

Questions + Answers key

Take MCQ Accountancy Test

QB365 Student Learing Managemnet System

Std: 11th Standard - Accountancy

chapter: - Model Question paper

Visit QB365-SLMS - https://www.qb365.in/slms/ Complete Questions and Answers

Questions:

Multiple Choice Question

10 x 1 = 10

Goods of Rs. 5000 purchased from Mr.B were recorded in sales book, the rectification of this error will________.

(a)

Increase the gross profit

(b)

Reduce the gross profit

(c)

Have no effect on gross profit

(d)

None of the above

Goods taken by the Proprietor for domestic use should be credited to ______________

(a)

Proprietor's drawings account

(b)

Sales account

(c)

Purchases account

(d)

Suspense account

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

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

________________ account will remain in the books until the location and rectification of errors.

(a)

Suspense

(b)

Ledger

(c)

Journal

(d)

None of these

_______________ usually occurs due to lack of concentration or carelessness of the accountant.

(a)

Error of omission

(b)

Error of principle

(c)

Error of commission

(d)

None of the above

The failure of the accountant to record a transaction in the books of accounts is known as ________________

(a)

error of omission

(b)

error of complete omission

(c)

error of partial omission

(d)

errors of principle

Which of the following errors will be rectified using suspense account?

(a)

Purchases returns book was undercast by Rs.100

(b)

Goods returned by Narendran was not recorded in the books

(c)

Goods returned by Akila 900 was recorded in the sales returns book as Rs.90

(d)

A credit sale of goods to Ravivarman was not entered in the sales book

A credit purchase of furniture from Athiyaman was debited to purchases account. Which of the following accounts should be debited while rectifying this error?

(a)

Purchases account

(b)

Athiyaman account

(c)

Furniture account

(d)

None of these

10.

Errors not affecting the agreement of trial balance are _______.

(a)

Errors of principle