(i) ___________ sided errors affect the total of Trial Balance.

(i) ___________ sided errors affect the total of Trial Balance.
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Complete the following sentences : (i) ___________ sided errors affect the total of Trial ... Sales book is corrected by _______ Sales Account.
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Errors of principle are not disclosed by the Trial Balance.

Description : Errors of principle are not disclosed by the Trial Balance.

Last Answer : State whether the following statement are True or False with reason : Errors of principle are not disclosed by the Trial Balance.

Which of the following errors are not disclosed by Trial Balance ? (A) Compensatory Errors (B) Errors of Principle (C) Errors of Omission (D) All the three

Description : Which of the following errors are not disclosed by Trial Balance ? (A) Compensatory Errors (B) Errors of Principle (C) Errors of Omission (D) All the three

Last Answer : Answer: All the three

(i) Two sided errors are rectified by passing ________ entry.

Description : (i) Two sided errors are rectified by passing ________ entry.

Last Answer : Complete the following sentences : (i) Two sided errors are rectified by passing ________ ... , the suspense account will have a ________balance.

One sided errors are disclosed by ________ 

Description : One sided errors are disclosed by ________ 

Last Answer : One sided errors are disclosed by ________ (a) Trial Balance (b) Suspense Account (c) Journal (d) Ledger Account

What do you mean by two-sided errors?

Description : What do you mean by two-sided errors?

Last Answer : What do you mean by two-sided errors?

What do you mean by one-sided errors?

Description : What do you mean by one-sided errors?

Last Answer : What do you mean by one-sided errors?

(i) ___________ is the major cause for Depreciation.

Description : (i) ___________ is the major cause for Depreciation.

Last Answer : Complete the following sentence : (i) ___________ is the major cause for Depreciation. (ii) ... cost concept is use for depreciation of Assets.

(i) ___________ means fixed amount of petty advance.

Description : (i) ___________ means fixed amount of petty advance.

Last Answer : Complete the following sentences: (i) ___________ means fixed amount of petty advance. (ii) __________ ... (v) Cash book is book of ________ entry.

The error of omission is disclosed by the Trial Balance.

Description : The error of omission is disclosed by the Trial Balance.

Last Answer : State whether the following statement are True or False with reason : The error of omission is disclosed by the Trial Balance.

(i) Question 6. The disagreement of Trial Balance indicates that an ___________ has been committed.

Description : (i) Question 6. The disagreement of Trial Balance indicates that an ___________ has been committed.

Last Answer : Complete the following sentences : (i) Question 6. The disagreement of Trial Balance indicates ... (v) Rectification entries are passed in ________

If the trial balance shows a short credit the suspense account will have a _______ balance. 

Description : If the trial balance shows a short credit the suspense account will have a _______ balance. 

Last Answer : If the trial balance shows a short credit the suspense account will have a _______ balance. (a) debit (b) zero (c) credit (d) nil

If the trial balance does not agree the difference of the trial balance is placed in _______ account. 

Description : If the trial balance does not agree the difference of the trial balance is placed in _______ account. 

Last Answer : If the trial balance does not agree the difference of the trial balance is placed in _______ account. ... ) Suspense (c) Rectification (d) Real

Where does carriage inwards go to in the trial balance?

Description : Where does carriage inwards go to in the trial balance?

Last Answer : What is the answer ?

What is Accounts Payable considered a on the Trial Balance?

Description : What is Accounts Payable considered a on the Trial Balance?

Last Answer : what is it best to receive before paying and invoice

Closing stock appearing in the Trial Balance is shown in– (A) Balance Sheet only (B) Trading Account only (C) Trading Account and Balance Sheet both (D) None of the above

Description : Closing stock appearing in the Trial Balance is shown in– (A) Balance Sheet only (B) Trading Account only (C) Trading Account and Balance Sheet both (D) None of the above

Last Answer : Answer: Balance Sheet only

The post-closing trial balance contains only a. income statement accounts. b. balance sheet accounts. c. balance sheet and income statement accounts. d. income statement, balance sheet, and retained earnings statement account

Description : The post-closing trial balance contains only a. income statement accounts. b. balance sheet accounts. c. balance sheet and income statement accounts. d. income statement, balance sheet, and retained earnings statement account

Last Answer : b. balance sheet accounts.

he steps in the preparation of a worksheet do not include a. analyzing documentary evidence. b. preparing a trial balance on the worksheet. c. entering the adjustments in the adjustment columns. d. entering adjusted balances in the adjusted trial balance columns.

Description : he steps in the preparation of a worksheet do not include a. analyzing documentary evidence. b. preparing a trial balance on the worksheet. c. entering the adjustments in the adjustment columns. d. entering adjusted balances in the adjusted trial balance columns.

Last Answer : a. analyzing documentary evidence.

The two optional steps in the accounting cycle are preparing a. a post-closing trial balance and reversing entries. b. a worksheet and post-closing trial balances. c. reversing entries and a worksheet. d. an adjusted trial balance and a post-closing trial balance.

Description : The two optional steps in the accounting cycle are preparing a. a post-closing trial balance and reversing entries. b. a worksheet and post-closing trial balances. c. reversing entries and a worksheet. d. an adjusted trial balance and a post-closing trial balance.

Last Answer : c. reversing entries and a worksheet.

Which of the following steps in the accounting cycle may be performed more frequently than annually? a. Prepare a post-closing trial balance b. Journalize closing entries c. Post closing entries d. Prepare a trial balance

Description : Which of the following steps in the accounting cycle may be performed more frequently than annually? a. Prepare a post-closing trial balance b. Journalize closing entries c. Post closing entries d. Prepare a trial balance

Last Answer : d. Prepare a trial balance

The final step in the accounting cycle is to prepare a. closing entries. b. financial statements. c. a post-closing trial balance. d. adjusting entries.

Description : The final step in the accounting cycle is to prepare a. closing entries. b. financial statements. c. a post-closing trial balance. d. adjusting entries.

Last Answer : c. a post-closing trial balance.

. Which one of the following is an optional step in the accounting cycle of a business enterprise? a. Analyze business transactions b. Prepare a worksheet c. Prepare a trial balance d. Post to the ledger accounts

Description : . Which one of the following is an optional step in the accounting cycle of a business enterprise? a. Analyze business transactions b. Prepare a worksheet c. Prepare a trial balance d. Post to the ledger accounts

Last Answer : b. Prepare a worksheet

he step in the accounting cycle that is performed on a periodic basis (i.e., monthly, quarterly) is a. analyzing transactions. b. journalizing and posting adjusting entries. c. preparing a post-closing trial balance. d. posting to ledger accounts.

Description : he step in the accounting cycle that is performed on a periodic basis (i.e., monthly, quarterly) is a. analyzing transactions. b. journalizing and posting adjusting entries. c. preparing a post-closing trial balance. d. posting to ledger accounts.

Last Answer : b. journalizing and posting adjusting entries.

Which one of the following is usually prepared only at the end of a company's annual accounting period? a. Preparing financial statements b. Journalizing and posting adjusting entries c. Journalizing and posting closing entries d. Preparing an adjusted trial balance

Description : Which one of the following is usually prepared only at the end of a company's annual accounting period? a. Preparing financial statements b. Journalizing and posting adjusting entries c. Journalizing and posting closing entries d. Preparing an adjusted trial balance

Last Answer : c. Journalizing and posting closing entries

The heading for a post-closing trial balance has a date line that is similar to the one found on a. a balance sheet. b. an income statement. c. an stockholders' equity statement. d. the worksheet.

Description : The heading for a post-closing trial balance has a date line that is similar to the one found on a. a balance sheet. b. an income statement. c. an stockholders' equity statement. d. the worksheet.

Last Answer : a balance sheet.

The balances that appear on the post-closing trial balance will match the a. income statement account balances after adjustments. b. balance sheet account balances after closing entries. c. income statement account balances after closing entries. d. balance sheet account balances after adjustments.

Description : The balances that appear on the post-closing trial balance will match the a. income statement account balances after adjustments. b. balance sheet account balances after closing entries. ... statement account balances after closing entries. d. balance sheet account balances after adjustments.

Last Answer : b. balance sheet account balances after closing entries.

The purpose of the post-closing trial balance is to a. prove that no mistakes were made. b. prove the equality of the balance sheet account balances that are carried forward into the next accounting period. c. prove the equality of the income statement account balances that are carried forward into the next accounting period. d. list all the balance sheet accounts in alphabetical order for easy reference.

Description : The purpose of the post-closing trial balance is to a. prove that no mistakes were made. b. prove the equality of the balance sheet account balances that are carried forward into the ... next accounting period. d. list all the balance sheet accounts in alphabetical order for easy reference.

Last Answer : b. prove the equality of the balance sheet account balances that are carried forward into the next accounting period.

A post-closing trial balance should be prepared a. before closing entries are posted to the ledger accounts. b. after closing entries are posted to the ledger accounts. c. before adjusting entries are posted to the ledger accounts. d. only if an error in the accounts is detected.

Description : A post-closing trial balance should be prepared a. before closing entries are posted to the ledger accounts. b. after closing entries are posted to the ledger accounts. c. before adjusting entries are posted to the ledger accounts. d. only if an error in the accounts is detected.

Last Answer : b. after closing entries are posted to the ledger accounts.

A post-closing trial balance will show a. only permanent account balances. b. only temporary account balances. c. zero balances for all accounts. d. the amount of net income (or loss) for the period.

Description : A post-closing trial balance will show a. only permanent account balances. b. only temporary account balances. c. zero balances for all accounts. d. the amount of net income (or loss) for the period.

Last Answer : a. only permanent account balances.

All of the following statements about the post-closing trial balance are correct except it a. shows that the accounting equation is in balance. b. provides evidence that the journalizing and posting of closing entries have been properly completed. c. contains only permanent accounts. d. proves that all transactions have been recorded.

Description : All of the following statements about the post-closing trial balance are correct except it a. shows that the accounting equation is in balance. b. provides evidence that the journalizing and posting ... . c. contains only permanent accounts. d. proves that all transactions have been recorded.

Last Answer : d. proves that all transactions have been recorded.

After the adjusting entries are journalized and posted to the accounts in the general ledger, the balance of each account should agree with the balance shown on the a. adjusted trial balance. b. post-closing trial balance. c. the general journal. d. adjustments columns of the worksheet.

Description : After the adjusting entries are journalized and posted to the accounts in the general ledger, the balance of each account should agree with the balance shown on the a. adjusted trial balance. b. post-closing trial balance. c. the general journal. d. adjustments columns of the worksheet.

Last Answer : a. adjusted trial balance.

Which of the following may not be a part of projected financial statements? a) Income Statements b) Trial Balance c) Cash Flow Statements d) Balance Sheets

Description : Which of the following may not be a part of projected financial statements? a) Income Statements b) Trial Balance c) Cash Flow Statements d) Balance Sheets

Last Answer : b) Trial Balance

The process of recording financial data upto trial balance is a) Book keeping b) Classifying c) Summarising d) Analyzing

Description : The process of recording financial data upto trial balance is a) Book keeping b) Classifying c) Summarising d) Analyzing

Last Answer : a) Book keeping

-------- helps to disclose financial position a) Trial Balance b) Profit and Loss Account c) Balance sheet d) Income Statement

Description : -------- helps to disclose financial position a) Trial Balance b) Profit and Loss Account c) Balance sheet d) Income Statement

Last Answer : -------- helps to disclose financial position a) Trial Balance b) Profit and Loss Account c) Balance sheet d) Income Statement

If a trial balance totals do not agree, the difference must be entered in A) The Profit and Loss Account B) A Nominal Account C) The Capital Account D) A Suspense Account

Description : If a trial balance totals do not agree, the difference must be entered in A) The Profit and Loss Account B) A Nominal Account C) The Capital Account D) A Suspense Account 

Last Answer : Answer: D

Net profit is computed in the A) Profit and loss account B) Balance sheet C) Trial balance D) Trading account

Description : Net profit is computed in the A) Profit and loss account B) Balance sheet C) Trial balance D) Trading account

Last Answer : Answer: A

_______ can detect burst error of length less than or equal to degree of the polynomial and detects burst errors that affect odd number of bits. a. Hamming Code b. CRC c. VRC d. None of the above

Description : _______ can detect burst error of length less than or equal to degree of the polynomial and detects burst errors that affect odd number of bits. a. Hamming Code b. CRC c. VRC d. None of the above

Last Answer : b. CRC

Software safety is quality assurance activity that focuses on hazards that (A) affect the reliability of a software component (B) may cause an entire system to fail. (C) may result from user input errors. (D) prevent profitable marketing of the final product

Description : Software safety is quality assurance activity that focuses on hazards that (A) affect the reliability of a software component (B) may cause an entire system to fail. (C) may result from user input errors. (D) prevent profitable marketing of the final product

Last Answer : (B) may cause an entire system to fail.

Upon completion of a typical audit, the auditor has a. No assurance that all material errors and fraud have been found. b. A low level of assurance that all material errors and fraud have been found. c. High level of assurance that all material errors and fraud have been found. d. Total assurance that al material errors and fraud have been found

Description : Upon completion of a typical audit, the auditor has a. No assurance that all material errors and fraud have been found. b. A low level of assurance that all material errors and fraud have been ... errors and fraud have been found. d. Total assurance that al material errors and fraud have been found

Last Answer : High level of assurance that all material errors and fraud have been found.

Error rate is A. an error-detectingcode based ona summation operation performed onthebits to be checked. B. a checkbit appended to anarrayof binary digits to make thesum of all thebinary digits. C. a code in which each expressionconforms to specific rules of construction, so that if certain errors occur in an expression, the resulting expression will not conform to the rulesof constructionand thus thepresence of the errors isdetected. D. the ratioof the number ofdata units in error to the total number of dataunits E. None of the above

Description : Error rate is A. an error-detectingcode based ona summation operation performed onthebits to be checked. B. a checkbit appended to anarrayof binary digits to make thesum of all thebinary digits. C. a ... ratioof the number ofdata units in error to the total number of dataunits E. None of the above

Last Answer : the ratioof the number ofdata units in error to the total number of dataunits

Annual total energy & production chart smoothens out ____ in energy timing of meter readings. a) Errors b) Efficiency c) Accuracy. d) Repeatability

Description : Annual total energy & production chart smoothens out ____ in energy timing of meter readings. a) Errors b) Efficiency c) Accuracy. d) Repeatability

Last Answer : errors

In an competitive examination, the average was found to be 72 marks. After detecting the errors the marks of 94 candidates had to be charged from 90 to 66 each, and the average is reduced to 64 marks. Find the total number of candidates who took the exam. A) 282 B) 382 C) 828 D) 200

Description : In an competitive examination, the average was found to be 72 marks. After detecting the errors the marks of 94 candidates had to be charged from 90 to 66 each, and the average is reduced to 64 marks. Find the total number of candidates who took the exam. A) 282 B) 382 C) 828 D) 200 

Last Answer :  A)  let the number of candidates be A total marks of candidates = 72A after detecting error the change of marks for one candidate = 90 - 66 = 24 marks change of marks for 94 candidates = 94*24 = ... after detecting error of N candidates = 64A then, 72A- 2256= 64A , 8A=2256 A=282

Best product for scanning double sided documents & photos?

Description : Best product for scanning double sided documents & photos?

Last Answer : I have never seen a scanner that does two-sided in one pass. Everything I have seen is two passes-even those super fancy Xerox and Canon document management devices do one side, put the papers in a tray, and ... as it is, makes me flip the pages over to get the back side of each page. Good luck.

On average, how many flips of a "three-sided coin" are needed to get each side at least once?

Description : On average, how many flips of a "three-sided coin" are needed to get each side at least once?

Last Answer : I can’t think of any 3D shape that has 3 sides…

Have you been blind-sided by love and passion?

Description : Have you been blind-sided by love and passion?

Last Answer : I fell in love with my husband the first night I met him. And I had just escaped from a long-term relationship. I was worried it was a rebound, but it just got stronger and ... for two weeks he informally proposed. You could call that completely blindsided. We just celebrated our 11th anniversary.

Is single sided deafness a disability?

Description : Is single sided deafness a disability?

Last Answer : Technically, yes: you do not have full use of your faculties. Whether this would count towards special programs, exemptions, and benefits is unknown. You might consult with the querying party, or with the physician that you’ve been seeing about the ear.

Does Wizards of the Coast really own anything that uses a 20 sided die?

Description : Does Wizards of the Coast really own anything that uses a 20 sided die?

Last Answer : answer:Much of the D20 system was released under an open license so not really. All they really have a legal claim to is the stuff that they made themselves that isn't covered by that license, like ... can't say a damn thing about it since they painted themselves into a corner with the original OGL.

When I was a kid, my grandma set my place at the table with knife, fork, and spoon plus this little flat sided utensil that you used to push beans and peas onto your fork. What was that called?

Description : When I was a kid, my grandma set my place at the table with knife, fork, and spoon plus this little flat sided utensil that you used to push beans and peas onto your fork. What was that called?

Last Answer : Perhaps a misused crumber or master butter knife? I’ve never heard of such a thing otherwise.

Is single sided deafness a disability?

Description : Is single sided deafness a disability?

Last Answer : I doubt there is any place that would count someone who is blind in one eye as disabled , either. However, the Division of Vocational Rehabilitation will help people with hearing loss - ... majority of the purchase price is refunded if the patient returns the instruments within the first month.