Question

Q1 Methods of preparing a trial balance are:

(1)Total method

(2) Balance Method

(3)Total and Balance method

(4) All of above

Q2 Which one of the following is the most popular method of preparing a trial balance:

(1) Balance method

(2)Total method

(3)Total and Balance method

Q3 Under balance method, which one of the following is used for preparing trial balance at the

end of an accounting period?

(1)Beginning balances of ledger accounts

(2) Ending balances of ledger accounts

(3) Total of beginning and ending balances of ledger accounts

(4)Difference of beginning and

ending balances of ledger accounts

Q4 Under total method, which of the following is used for preparing a trial balance:

(1)Totals of amount columns of ledger accounts

(2)Differences of amount columns of ledger accounts

(3)Opening balances of ledger accounts

(4) Closing balances of ledger accounts

Q5 Explain the methods of preparing

Trial balance?​

Answer 1

1) total method

2)balance method

3)ending balances of ledger account

4) total of amount columns of ledger account.