Match each Trial Balance component with its normal balance:
A1-A, 2-B, 3-C
B1-B, 2-A, 3-C
C1-C, 2-B, 3-A
D1-A, 2-C, 3-B
Answer & Solution
Correct answer: A. 1-A, 2-B, 3-C
Assets/Expenses are Debit. Liabilities/Revenues are Credit. Trial balance verifies arithmetic equality.
Keep practising Trial Balance and Rectification of Errors
Browse all Trial Balance and Rectification of Errors questions for CBSE Class 11 (Commerce), or explore more Accountancy topics.
Related questions
Match each rectification entry scenario with its treatment:Match each error with its impact on Trial Balance agreement:Match each category of accounting errors with its nature:Debit and credit totals of a trial balance agree because accounts follow the:Debit total exceeds credit total by Rs 3,600. A wrong-side posting of what amount may explWhich trial balance difference is divisible by 9, hinting at transposition?A cash book entry was posted wrongly to the ledger. The error relates to:An undercast purchases book of Rs 1,000 affects which account?