Test your knowledge of double entry bookkeeping with our accounting transactions quiz.
In order to correctly enter transactions in the bookkeeping records it is necessary to be able to identify the effect of each transaction on the assets, liabilities and equity of the business.
Not Ready for the Quiz?
Start the Accounting Transactions Quiz
For each question click on an answer to reveal whether its Right! or Wrong.
Try Another Double Entry Bookkeeping Quiz
This accounting transactions quiz is one of many of our online quizzes which are used to test your knowledge of double entry bookkeeping, discover another at the links below.
- Quiz 41: Ending Work in Process Quiz
- Quiz 9: Accounting Equation Exercises
- Quiz 24: Statement of Cash Flow Quiz
- Quiz 50: Income Statement Quiz