94 questions for “Trial Balance”

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94 questions in 3 technologies

#	Question	Technology	Topic	Level
1	What is a trial balance? Bookkeeping › Trial Balance	Bookkeeping	Trial Balance	Beginner
2	What is the purpose of a trial balance? Bookkeeping › Trial Balance	Bookkeeping	Trial Balance	Beginner
3	Which balances go on the debit side and which on the credit side of the trial balance? Bookkeeping › Trial Balance	Bookkeeping	Trial Balance	Beginner
4	If a trial balance balances, does it mean the accounts are correct? Bookkeeping › Trial Balance	Bookkeeping	Trial Balance	Beginner
5	When is a trial balance prepared? Bookkeeping › Trial Balance	Bookkeeping	Trial Balance	Beginner
6	Where do drawings appear in the trial balance and financial statements? Bookkeeping › Trial Balance	Bookkeeping	Trial Balance	Beginner
7	What is the total of the trial balance meant to demonstrate? Bookkeeping › Trial Balance	Bookkeeping	Trial Balance	Beginner
8	What comes after the trial balance in the accounting cycle? Bookkeeping › Trial Balance	Bookkeeping	Trial Balance	Beginner
9	What types of errors are NOT revealed by a trial balance? Bookkeeping › Trial Balance	Bookkeeping	Trial Balance	Intermediate
10	What types of errors ARE revealed by a trial balance? Bookkeeping › Trial Balance	Bookkeeping	Trial Balance	Intermediate