Bookkeeping Test - Free Practice Test

Q1. What contains all the accounts information including expenses, supplies, rent, and interest to be paid?

General ledger
Purchase ledger
Sales ledger
All of the above

Q2. Which entry is entered on the left side of any account?

Debit entry
Double entry
Credit entry
Journal entry

Q3. Whose responsibility is it to prepare a trial balance?

Cashier
Auditor
Accountant
Bookkeeper

Q4. Which part of the journal includes accounts amounts as well as the dates of transactions?

Voucher
Number
Book
Entry

Q5. Which entry is entered on the right side of any account?

Journal entry
Double entry
Credit entry
Debit entry

Q6. 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
Trial balance
Income statement
None of the above

Q7. Where is the amount in a journal of a manual bookkeeping system posted

Loss and profit
Reports
Accounts
Ledger

Q8. Where are transactions first recorded in manual bookkeeping system?

All of the above
Cash book
Ledger
Journal

Q9. How does debit affect the balance in any liability account?

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

Q10. What is bookkeeping known as when every transaction involves two accounts?

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

Your Score

- of - questions are answered correctly

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