Bookkeeping Quizzes, Questions & Answers
Top Trending Quizzes
Ready to see how sharp your bookkeeping skills are? Take our Bookkeeping Skills Test and assess your expertise in managing financial records. This quiz is crafted to evaluate your understanding of core bookkeeping principles,...
Questions: 10 | Attempts: 84395 | Last updated: Jul 17, 2024
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Sample QuestionWhat does a ledger record?
Take the quiz to see if you can remember the basics of bookkeeping ledgers.
Questions: 10 | Attempts: 8612 | Last updated: Sep 13, 2023
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Sample QuestionTick the three main ledgers used in double-entry bookkeeping
Explore the fundamentals of bookkeeping in 'A Bookkeeping Journal 101 Quiz!' Learn about the roles of journals, daybooks, and the process of posting. Understand the various types of journals and their importance in debiting and...
Questions: 10 | Attempts: 8785 | Last updated: Mar 22, 2023
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Sample QuestionWhat are bookkeeping journals?
How well do you understand bookkeeping in accounting? To test this, we have made the principles of a double-entry bookkeeping quiz for you. Bookkeeping is known as the process of keeping your company's financial transactions...
Questions: 10 | Attempts: 12392 | Last updated: Aug 18, 2023
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Sample QuestionPayment of insurance through the bank involves entries in two accounts.
This exam will measure your bookkeeping skills and will help us to determine if you are capable of fulfilling the duties of this position. You have 20 minutes to complete the quiz. It has 11 questions. We will keep your...
Questions: 11 | Attempts: 3443 | Last updated: Apr 25, 2024
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Sample QuestionWhich of the following accounts are normally classified as a debit:
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Do you have any experience with bookkeeping and accounting? Bookkeeping is the recording of financial transactions and is part of accounting in business and other organizations. Accounting is the calculation, processing, and...
Questions: 10 | Attempts: 486 | Last updated: Mar 21, 2023
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Sample QuestionLedger is a principal book of accounts.
The Debits and Credits Quiz assesses understanding of double entry bookkeeping, recording methods, and the effects of transactions on ledger accounts. It's essential for learners aiming to master basic accounting principles and...
Questions: 10 | Attempts: 14373 | Last updated: Mar 22, 2023
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Sample QuestionDouble entry bookkeeping requires all transactions to be entered to the ledgers..
Essential Book Keeping - QP14 assesses understanding of basic business aims, the distinction between profit and cash flow, importance of credit adjustments, and use of ratios for business comparison. It's crucial for learners...
Questions: 10 | Attempts: 96 | Last updated: Dec 6, 2023
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Sample QuestionThe basic aim of any business is to make a profit, on the basis that profits increase the value of the firm.
Essential Book Keeping - QP11 assesses knowledge on basic accounting practices including cheque writing, credit transactions, tax calculations, and personal allowances. It is designed for learners to understand and apply...
Questions: 10 | Attempts: 93 | Last updated: Dec 12, 2023
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Sample QuestionWriting cheques and recording information on the counterfoil is historically referred to as nominal items.
Essential Book Keeping - QP6 is a focused quiz assessing knowledge in managing petty cash, cash books, and cash reconciliation. It tests the understanding of imprest systems and the importance of cash flow in business, crucial...
Questions: 10 | Attempts: 110 | Last updated: Mar 11, 2024
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Sample QuestionA petty cash book will be kept to record small cash transactions and so on, with analysis kept in the petty cash book of what the cash was spent on.
Essential Book Keeping - QP3 explores fundamental concepts of bookkeeping. It assesses understanding of account management, transaction limits, and basic accounting equations. This quiz is crucial for learners aiming to grasp...
Questions: 6 | Attempts: 136 | Last updated: Nov 13, 2024
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Sample QuestionIt is much easier to have a lot of accounts with relatively few transactions in each.
This quiz, titled 'Essential Book Keeping - QP2', evaluates understanding of foundational accounting principles, including the debunking of common misconceptions about bookkeeping systems and principles. It assesses knowledge of...
Questions: 12 | Attempts: 180 | Last updated: Mar 15, 2023
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Sample QuestionThe system that forms the basis of most accounting procedures is called single entry bookkeeping.
Essential Book Keeping - QP1 is designed to assess fundamental knowledge in maintaining accurate financial records for businesses. It evaluates understanding of bookkeeping principles, financial control, and compliance with legal...
Questions: 10 | Attempts: 260 | Last updated: Mar 18, 2023
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Sample QuestionThe basic aim of bookkeeping is to maintain a set of accurate records of a business’ financial transactions.
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