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Question Practice

In which situation would the accounting equation be unbalanced?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Recording of Transactions - I
Question Bank

In which situation would the a...

Single Answer MCQ
Q-00053917

In which situation would the accounting equation be unbalanced?

1

Assets adjusted correctly for all transactions

2

Recording an expense without an offsetting entry

3

Posting all income correctly

4

Correctly recording all liabilities

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