Bookkeeping is the most essential and crucial fundamental term in accounting for managing financial transactions. And if you are in this area of study or work, you must take this quick test on the same. So, welcome to Bookkeeping...
Questions: 10 | Attempts: 59906 | Last updated: Sep 21, 2020
A source document is:
Proof of a certain transaction
Paperwork that applies to bookkeeping
Only paperwork created for a customer or vendor
Welcome to Bookkeeping Skills Test - Level 2. If you can achieve 90% or better - then you have an intermediate level of bookkeeping understanding.
Questions: 7 | Attempts: 10273 | Last updated: Jan 30, 2013
Recording in the general journal is for:
Vendor and sales invoices
Customer and vendor payments
Before attempting this short quiz you should have watched the video "Principles of Double Entry Bookkeeping Part 2"You are allowed 30 minutes to complete the quiz.Good Luck!
Questions: 11 | Attempts: 8560 | Last updated: Jan 22, 2013
Payment of insurance through the bank involves entries in two accounts