Question
Which one of the following statements about Trial
Balance is correct?Solution
A trial balance is a financial statement that lists all the ledger account balances of a business at a specific point in time, usually at the end of an accounting period, such as a month or a year. The purpose of a trial balance is to ensure that the total debits of all accounts equal the total credits of all accounts, which is a fundamental principle of double-entry bookkeeping.
Statements:
Only mango is apple.
No orange is a Peach.
Some Peaches are guavas.
Some guavas are mangoes.
Conclusio...
Statement:
All Dell are nokia.
Only Nokia are Samsung.
Only Dell are Xiomi.
Only Nokia are Vivo.
Conclusion:
...Statements:
No contract is a bond.
Some bonds are agreements.
All agreements are collaborations.
Some collaboratio...
Statement:
Each girl is boy.
Only a few girls are men.
Few girls are not women.
Conclusion:
1. All boys can be wome...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varian...
Statements:
A few Red is Green.
60% Black is Green.
Only Green is Pink.
Conclusion:
I. No Pink is Black.
II. Some Black is Red.
Statements :Â
All summers are winters.
Some winters are autumns.
Conclusions :
I. All summers are autumns.
II. Some summers are not autumns.
Statements:Some combs are boxes.
All boxes are mirrors.
Conclusions:I. Some boxes are combs.Â
II. Some mirrors are combs.
In the question below there are four statements followed by four conclusions I, II, III and IV. You have to take the four given statements to be true e...
Statements : Some trains are buses.
 Some buses are trucks.
No truck is a car.
Conclusions:I. Some trains are not trucks.
...
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