Test your knowledge of the accounting equation with our online accounting equation quiz.
There are three types of account that make up the accounting equation, asset, liability, and capital, but do you know the effect of debits and credits on each?
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Try Another Double Entry Bookkeeping Quiz
The accounting equation 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.
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- Quiz 17: Debit and Credit Bookkeeping Quiz