Bookkeeping Test - Free Practice Test

Q1. Which entry is entered on the left side of any account?

Double entry
Journal entry
Credit entry
Debit entry

Q2. Where are transactions first recorded in manual bookkeeping system?

Ledger
Journal
All of the above
Cash book

Q3. How does debit affect the balance in any liability account?

It increases the amount
There is no difference seen.
It decreases the amount
It accumulates the amount

Q4. What is an internal document which is used as evidence to show that the total of all the balances in debt is equal to the amount of all the credit balances called?

Balance sheet
None of the above
Income statement
Trial balance

Q5. Where is the amount in a journal of a manual bookkeeping system posted

Ledger
Loss and profit
Accounts
Reports

Q6. What contains all the accounts information including expenses, supplies, rent, and interest to be paid?

Sales ledger
All of the above
Purchase ledger
General ledger

Q7. What is bookkeeping known as when every transaction involves two accounts?

Quadruple entry bookkeeping
Single entry bookkeeping
Triple entry bookkeeping
Double entry bookkeeping

Q8. Which entry is entered on the right side of any account?

Debit entry
Journal entry
Double entry
Credit entry

Q9. Which part of the journal includes accounts amounts as well as the dates of transactions?

Voucher
Entry
Book
Number

Q10. Whose responsibility is it to prepare a trial balance?

Accountant
Cashier
Auditor
Bookkeeper

Your Score

- of - questions are answered correctly

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