11th Accountancy - Book Back Answers - Unit 5 - English Medium Guides

 

 

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Tamil Nadu Board 11th Standard Accountancy - Unit 5 : Book Back Answers and Solutions

    This post covers the book back answers and solutions for Unit 5 – Accountancy from the Tamil Nadu State Board 11th Standard textbook. These detailed answers have been carefully prepared by our expert teachers at KalviTips.com.

    We have explained each answer in a simple, easy-to-understand format, highlighting important points step by step under the relevant subtopics. Students are advised to read and memorize these subtopics thoroughly. Once you understand the main concepts, you’ll be able to connect other related points with real-life examples and confidently present them in your tests and exams.

    By going through this material, you’ll gain a strong understanding of Accountancy Unit 5 along with the corresponding book back questions and answers (PDF format).

Question Types Covered:

• 1 Mark Questions: Choose the correct answer, Fill in the blanks, Identify the correct statement, Match the following 
• 2 Mark Questions: Answer briefly 
• 3, 4, and 5 Mark Questions: Answer in detail

All answers are presented in a clear and student-friendly manner, focusing on key points to help you score full marks.

All the best, Class 11 students! Prepare well and aim for top scores. Thank you!

Unit 5: Trial Balance

I. Multiple Choice Questions.

1. Trial balance is a
(a) Statement
(b) Account
(c) Ledger
(d) Journal
Answer Key:
(a) Statement

2. After the preparation of ledger, the next step is the preparation of
(a) Trading account
(b) Trial balance
(c) Journal
(d) Profit and loss account
Answer Key:
(b) Trial balance

3. The trial balance contains the balances of
(a) Only personal accounts
(b) Only real accounts
(c) Only nominal accounts
(d) All accounts
Answer Key:
(d) All accounts

4. Which of the following is/are the objective(s) of preparing trial balance?
(a) Serving as the summary of all the ledger accounts
(b) Helping in the preparation of final accounts
(c) Examining arithmetical accuracy of accounts
(d) a, b and c
Answer Key:
(d) a, b and c

5. A list which contains balances of accounts to know whether the debit and credit balances are matched is
(a) Journal
(b) Day book
(c) Trial balance
(d) Balance sheet
Answer Key:
(c) Trial balance

6. Which of the following method(s) can be used for preparing trial balance?
(a) Balance method
(b) Total method
(c) Total and Balance method
(d) a, b and c
Answer Key:
(d) a, b and c

7. While preparing the trial balance, the accountant finds that the total of the credit column is short by 200. This difference will be
(a) Debited to suspense account
(b) Credited to suspense account
(c) Adjusted to any of the debit balance
(d) Adjusted to any of the credit balance
Answer Key:
(b) Credited to suspense account

8. The account which has a debit balance and is shown in the debit column of the trial balance is
(a) Sundry creditors account
(b) Bills payable account
(c) Drawings account
(d) Capital account
Answer Key:
(c) Drawings account

9. The difference of totals of both debit and credit side of trial balance is transferred to:
(a) Trading account
(b) Difference account
(c) Suspense account
(d) Miscellaneous account
Answer Key:
(c) Suspense account

10. Trial balance is prepared:
(a) At the end of the year
(b) On a particular date
(c) For a year
(d) None of the above
Answer Key:
(b) On a particular date

II. Very Short Answer Questions.

a

III. Short Answer Questions.

a

IV. Answer the following questions in about a page.

a