State the accounts which are not considered while preparing Trial… - Vidyadip

Question

State the accounts which are not considered while preparing Trial Balance.

✓

Answer

Accounts which do not show balance are not considered while preparing the Trial Balance by Balance Method.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Trial Balance and Rectification of Errors→Trial Balance and Rectification of Errors — all question types→Account STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

State the types of Personal Accounts.

What is meant by Purchases?

Amit has incurred an expense of ₹ 5,000 towards repairs. However, the amount is yet to be paid. How will it be shown in the accounting equation?

Trial Balance is an account. Do you agree?

State with reasons that Capital and Drawings Accounts look like impersonal accounts but they are always used like personal accounts.

What are the two sides of an Account called?

“I owe you ₹ 50,000”. Is it a promissory note?

Assets are recorded in books at the cost incurred for acquisition of such assets.

What is meant by Cash Transaction?

Give one point of distinction between Book-keeping and Accountancy.