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.
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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 59: Accounting Debits and Credits Quiz
- Quiz 13: Balance Sheet or Income Statement Quiz
- Quiz 62: Costs Included in Inventory
- Quiz 43: Cash Flow Classification Quiz