Top 25 MCQs on Trial Balance

Financial Accounting · Topic 14 quiz

Trial Balance Quiz

Work through 25 multiple-choice questions, one at a time. Submit each answer for feedback. At the end, review your score and see which concepts to revisit.

1. A balanced trial balance can conceal…
2. Accumulated depreciation typically appears in…
3. Adjusted trial balance incorporates…
4. Post-closing balance includes…
5. Trial balance is prepared from…
6. Net debit from total debits and total credits? Debit postings: 960. Credit postings: 144.
7. Imbalance from a debit balance copied to credit? Debit balance copied to credit: 1080.
8. Excess debits from debit and credit totals? Debit total: 1200. Credit total: 168.
9. Credit balance after credit and debit postings? Credit postings: 1320. Debit postings: 180.
10. New debit total after a missing debit is added? Listed debit total: 1440. Omitted debit: 192.
11. Net debit from total debits and total credits? Debit postings: 1200. Credit postings: 168.
12. Imbalance from a debit balance copied to credit? Debit balance copied to credit: 1320.
13. Excess debits from debit and credit totals? Debit total: 1440. Credit total: 192.
14. Credit balance after credit and debit postings? Credit postings: 1560. Debit postings: 204.
15. New debit total after a missing debit is added? Listed debit total: 1680. Omitted debit: 216.
16. Net debit from total debits and total credits? Debit postings: 1440. Credit postings: 192.
17. Imbalance from a debit balance copied to credit? Debit balance copied to credit: 1560.
18. Excess debits from debit and credit totals? Debit total: 1680. Credit total: 216.
19. Credit balance after credit and debit postings? Credit postings: 1800. Debit postings: 228.
20. New debit total after a missing debit is added? Listed debit total: 1920. Omitted debit: 240.
21. Net debit from total debits and total credits? Debit postings: 1680. Credit postings: 216.
22. Imbalance from a debit balance copied to credit? Debit balance copied to credit: 1800.
23. Excess debits from debit and credit totals? Debit total: 1920. Credit total: 240.
24. Credit balance after credit and debit postings? Credit postings: 2040. Debit postings: 252.
25. New debit total after a missing debit is added? Listed debit total: 2160. Omitted debit: 264.
Show the answer key
  1. Omitted complete transaction The correct choice is Omitted complete transaction.
  2. Credit column The correct choice is Credit column.
  3. Period-end adjustments The correct choice is Period-end adjustments.
  4. Permanent accounts The correct choice is Permanent accounts.
  5. Ledger balances The correct choice is Ledger balances.
  6. 816 List the net debit balance.
  7. 2160 One side falls and the other rises by the same amount.
  8. 1032 Subtract total credits from total debits.
  9. 1140 Subtract the debit postings from credits.
  10. 1632 Add the omitted amount to the debit column.
  11. 1032 List the net debit balance.
  12. 2640 One side falls and the other rises by the same amount.
  13. 1248 Subtract total credits from total debits.
  14. 1356 Subtract the debit postings from credits.
  15. 1896 Add the omitted amount to the debit column.
  16. 1248 List the net debit balance.
  17. 3120 One side falls and the other rises by the same amount.
  18. 1464 Subtract total credits from total debits.
  19. 1572 Subtract the debit postings from credits.
  20. 2160 Add the omitted amount to the debit column.
  21. 1464 List the net debit balance.
  22. 3600 One side falls and the other rises by the same amount.
  23. 1680 Subtract total credits from total debits.
  24. 1788 Subtract the debit postings from credits.
  25. 2424 Add the omitted amount to the debit column.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *