Which of the following is not an account whose total goes into the trial balance?

Balance Sheet

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Fixed Assets

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Capital

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Expense

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Solution

The correct option is A Balance Sheet
Total of all accounts are reflected into the trial balance, which are ultimately reported in the balance sheet, but balance sheet is not an account whose total goes into the trial alance.

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Similar questions

Q. If there is an error in trial balance which is not affecting its total, will it affect any accounting procedure?

State true or false:

1) A Trial balance is an account.
2) A Trial balance is helpful for preparation of final accounts.
3) A Trial balance is most important document.
4) A Trial balance may be prepared on any date.
5) In Trial balance opening stock is recorded in credit balance column.
6) Both sides total of an account are taken in Gross Trial Balance.
7) Purchase account always shows debit balance.
8) A Trial balance is a List of Ledger balances.
9) A Trial balance does not ensure accounting accuracy.
10) A Trial balance shows only arithmetical accuracy.

Q. Which of the following statements is/are true?
(i) An error in casting the subsidiary books is an error of commission.
(ii) An error in wrong casting of the sales day book will not affect the personal accounts of debtors.
(iii) Mistake in transferring the balance of an account to the trial balance will not affect the agreement of the trial balance.
(iv) The mistake of treating a liability as an income or vice versa will not affect the agreement of a trial balance.
The correct answer is -

Q. Which of these accounts generally does not appears in the Trial Balance ___________.

Q. Journalise the following transactions, post them into Ledger, balance the accounts and prepare a Trial Balance :−

2017		(₹)
March 1	Shyam Sunder & Sons commenced business with cash	80,000
2	Purchased goods for cash	36,000
3	Machinery purchased for cash	4,000
4	Purchased goods from :
	Raghu	22,000
	Dilip	30,000
6	Returned goods to Raghu	4,000
8	Paid to Raghu, in full settlement of his account	17,500
10	Sold goods to Mahesh Chand & Co. for ₹ 32,000 at 5% trade discount
13	Received cash from Mahesh Chand & Co.	19,800
	Discount allowed	200
15	Paid cash to Dilip	14,850
	Discount received	150
20	Sold goods for cash	25,000
24	Sold goods for cash to Sudhir Ltd.	18,000
25	Paid for Rent	1,500
26	Received for Commission	2,000
28	Withdrew by Proprietor for his personal use	5,000
28	Purchased a fan for Proprietor's house	1,200

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Which of the following is not an account whose total goes into the trial balance?

The correct option is A Balance SheetTotal of all accounts are reflected into the trial balance, which are ultimately reported in the balance sheet, but balance sheet is not an account whose total goes into the trial alance.

The correct option is A Balance Sheet
Total of all accounts are reflected into the trial balance, which are ultimately reported in the balance sheet, but balance sheet is not an account whose total goes into the trial alance.