Kramizo
Log inSign up free
HomeCIE IGCSE AccountingTrial Balance
CIE · IGCSE · Accounting

Trial Balance
Practice Questions

20 CIE IGCSE Accounting questions on Trial Balance, each with instant feedback and a full examiner-style mark scheme.

⚡ Start Quiz on Trial Balance📖 Read Revision NotesTry one question
✨ Revision guide includes key terms, worked examples and exam technique for Trial Balance.

Try 2 sample questions on Trial Balance

Question 1 · 1 mark · Difficulty 1/3

What is the main purpose of preparing a trial balance?

  1. To calculate the profit or loss for the period
  2. To check the arithmetical accuracy of the double entry records
  3. To show the financial position of the business
  4. To record all transactions for the accounting period
Show answer & explanation
✓ Answer: BTo check the arithmetical accuracy of the double entry records
Award 1 mark for identifying that the trial balance checks arithmetical accuracy of double entry records. A is incorrect — profit or loss is calculated in the income statement. C is incorrect — financial position is shown in the statement of financial position. D is incorrect — transactions are recorded in books of original entry and ledger accounts.
Question 2 · 1 mark · Difficulty 2/3

Kwame, a trader in Accra, extracted a trial balance on 31 December 2024. The total of the debit column was $45,780 and the total of the credit column was $44,980. Which account should be opened to record this difference?

  1. Capital account
  2. Suspense account
  3. Bank account
  4. Drawings account
Show answer & explanation
✓ Answer: BSuspense account
Award 1 mark for suspense account. When the trial balance does not balance, a suspense account is opened to record the difference ($800) so that financial statements can be prepared while errors are investigated. A is incorrect — capital is not used for balancing differences. C and D are incorrect — these are regular ledger accounts, not used for temporary differences.
⚡ Start a Quiz on Trial Balance
20 questions · 25 min · free

CIE IGCSE Accounting: Trial Balance FAQ

How many CIE IGCSE Accounting questions on Trial Balance are there on Kramizo?
Kramizo currently has 20 exam-board-aligned practice questions on Trial Balance for CIE IGCSE Accounting, with new questions added every week. Each question gives you instant feedback and a full examiner-style mark scheme that tells you exactly what would earn marks on a real CIE paper. The questions span the full difficulty range — from straightforward recall (level 1) right up to multi-step reasoning and evaluation (level 3) — so the bank works for first-pass revision and final exam-week stress testing alike.
Is Kramizo free for CIE IGCSE students preparing for Accounting?
Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Trial Balance practice with other Accounting topics or even switch to a totally different CIE subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Trial Balance questions aligned to the official CIE IGCSE Accounting syllabus?
Every question is written against the published CIE IGCSE Accounting specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CIE paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CIE.
How is Trial Balance typically tested on CIE IGCSE Accounting papers?
Trial Balance appears across multiple question types on real CIE IGCSE Accounting papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

Lock in Trial Balance before exam day.

Start practising in 30 seconds — no card required.

⚡ Start Quiz Free →