Welcome to your 20th Aug Trial Balance Quiz 1 CBT TEST
Fill the Details mentioned below and Attempt the Test.
Name
Email
School Name with City
Phone Number
A Trial Balance Shows
Only credit balance
Only debit balance
Both debit and credit balances
Either debit or credit balances
An Asset Account shows a _________ balance.
Credit
Debit
Debit or credit
None of these
Preparation of a Trial Balance is
Compulsory
Optional
Compulsory or Optional
None of these
A Trial Balance is
A statement
A summary
An account
None of these
Which item is shown as debit balance in the Trial Balances
Cash in Hand.
Rent outstanding
Creditors.
Bank Overdraft.
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