Test your knowledge of the accounting equation with our online accounting equation problems quiz. There are three types of account that make up the accounting equation list, asset, liability, and capital, but do you know the effect of debits and credits on each?
Not Ready for the Accounting Equation Problems Quiz?
If you need a refresher course on this topic you can view our accounting equation tutorials here.
Start the Accounting Equation Problems Quiz
Click on an answer to reveal whether its Right! or Wrong
Try Another Double Entry Bookkeeping Quiz
The accounting equation problems quiz is one of many of our online quizzes which can be used to test your knowledge of double entry bookkeeping, discover another at the links below.
- Quiz 27: Periodic and Perpetual inventory Quiz
- Quiz 48: Financial Statements Quiz
- Quiz 20: Chart of Accounts Quiz
- Quiz 49: Accounting Adjusting Entries Quiz