PO

AACHI GLOBAL SCHOOL

POST KNOWLEDGE WORKSHEET -2023

Name:________________________ Date__________________
CHAPTER - 3
TRIAL BALANCE
Grade: 9 SUB: ACCOUNTING
Duration : 40 Minutes

Section A: Definitions and Concepts

1. Define the following terms:

○ Trial Balance:

○ Ledger:

2. Explain why a trial balance is prepared.

Section B: Preparation of Trial Balance

AGS/GRADE9/ACC/POWS3 1 AY 2024-25
 3. From the following ledger balances, prepare a trial balance as of 31st December
2023:

AGS/GRADE9/ACC/POWS3 2 AY 2024-25
 Section C: Uses and Limitations

4. Outline two uses of a trial balance.

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5. Discuss two limitations of a trial balance.
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Section D: Error Identification

6. Identify whether the following errors will be detected by a trial balance (Yes/No):
○ A purchase was recorded in the sales account. ________________
○ A credit sale was not recorded at all. ________________
○ The amount of $500 was correctly debited to Cash but credited to Sales as
$50. ________________
○ A debit entry in the ledger was recorded without a corresponding credit
entry. ________________

Section E: Practical Application

7. Given the following partial trial balance, identify and correct the errors:

AGS/GRADE9/ACC/POWS3 3 AY 2024-25
Errors Identified:

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Corrected Trial Balance:

AGS/GRADE9/ACC/POWS3 4 AY 2024-25