Trial Balance and Rectification of Errors — Account STD 11 Commerce — Question

Debtors Account shows _________ balance.

Under written down value method the annual amount of depreciation is______.

In the books of D Ltd. the Machinery Account shows a debit balance of ₹ 60,000 as on April 1, 2018 and Provision for Depreciation A/c at ₹ 24,000. The machinery was sold on September 30, 2018 for ₹ 30,000. The company charges depreciation @ 20% p.a. on diminishing balance method. Profit/ Loss on sale of the machinery is:

Reserves arising from capital receipts are known as:

Payment done by the account holder through issuing a cheque is entered in:

Balance of suspense A/c is transferred to____________.

_______ column of cash book can have credit opening or closing balance.

The term "__________" is used for the process of measuring and recording the exhaustion of natural resources.

Purchase of office furniture for ₹ 1,200 was debited to the General Expenses Account. It is:

___________ is one of the objective of providing depreciation.