CMA Foundation Dec 2026 | Paper 2 FFCA — Trial Balance ALL MCQs Solved

CMA Foundation December 2026 students — this video covers ALL MCQs on Trial Balance from Paper 2 (FFCA), solved one by one with clear reasoning for each option. 📌 What's covered in this video: ✅ Errors not revealed by a trial balance (compensating errors) ✅ Suspense Account — where it goes in final accounts ✅ Closing stock, depreciation, prepaid & outstanding expenses appearing in trial balance ✅ Apprenticeship premium treatment ✅ Difference between debit and credit totals — where it's transferred ✅ Purchase return wrongly posted as sales return — effect on trial balance ✅ Adjusted purchase / COGS and closing stock in trial balance ✅ Free downloadable PDF with all solved MCQs 🎯 Trial balance is a quick, scoring chapter in CMA Foundation FFCA — these are the exact question patterns the institute repeats every attempt. 📥 FREE PDF DOWNLOAD: Link available in the description box below and pinned as the first comment. 💬 Got doubts on any question? Drop them in the comments — I'll help you out. ⏱️ TIMESTAMPS: 0:02 Intro — Trial Balance MCQs 0:20 Errors Not Revealed by Trial Balance 0:48 Suspense Account in Trial Balance 1:07 Closing Stock in Trial Balance 1:24 Depreciation in Trial Balance 1:39 Prepaid Expense in Trial Balance 1:57 Outstanding Expense in Trial Balance 2:17 Apprenticeship Premium in Trial Balance 2:36 Difference in Debit/Credit Totals — Suspense Account 2:54 Purchase Return Wrongly Posted as Sales Return 4:13 Adjusted Purchase/COGS and Closing Stock 👉 Subscribe for more CMA Foundation Paper 2 FFCA chapter-wise MCQ solving, free study material, and exam strategy. --- 🔗 Useful Links: Free PDF (Trial Balance MCQs Solved): [link in description/pinned comment] Full ICMAI Question Bank Playlist: Must Do Kit For December 2026: ❓ FREQUENTLY ASKED QUESTIONS Q1. Which errors are not revealed by a trial balance? A. Compensating errors are not revealed by a trial balance, because one error offsets another, so the trial balance still tallies even though mistakes exist in the books. Q2. Where does a suspense account appear in the final accounts? A. A suspense account appears only in the balance sheet — on the asset side if it has a debit balance, and on the liability side if it has a credit balance. Q3. Where does closing stock appearing in the trial balance get shown? A. If closing stock appears in the trial balance, it means it has already been adjusted against purchases. It is shown only on the asset side of the balance sheet — not in the trading account. Q4. Where does depreciation appearing in the trial balance get shown? A. Depreciation appearing in the trial balance is shown only on the debit side of the Profit & Loss account — it has only a single effect in such cases. Q5. Where does prepaid expense appearing in the trial balance get shown? A. Prepaid expense in the trial balance is shown on the asset side of the balance sheet. Q6. Where does outstanding expense appearing in the trial balance get shown? A. Outstanding expense in the trial balance is shown on the liability side of the balance sheet. Q7. Where is the difference between the debit and credit totals of a trial balance transferred? A. The difference between the debit and credit totals of a trial balance is transferred to a Suspense Account. Q8. If a purchase return is wrongly posted to the debit of sales return (but correctly posted in the creditor's account), what is the effect on the trial balance? A. The debit side of the trial balance will show 2,000 more than the credit side — because a credit item was wrongly entered as a debit, causing a double impact on the amount involved. Q9. If adjusted purchases or Cost of Goods Sold (COGS) is shown in the trial balance, which stock figure appears? A. Only the closing stock appears in the trial balance in that case — the opening stock does not, because it has already been adjusted into the purchases/COGS figure. 📚 Join Our CA/ CMA Foundation & Intermediate Classes 👉 Modes: Face-to-Face (Kolkata), Live Online, Google Drive, and Pendrive 📞 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: / 🌐 𝐕𝐢𝐬𝐢𝐭: ‎🌐 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩 𝐂𝐡𝐚𝐧𝐧𝐞𝐥: 🌐 𝐓𝐞𝐥𝐞𝐠𝐫𝐚𝐦: 🌐 𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦: #CMAFoundation #FFCA #TrialBalance #CMAFoundationDecember2026