Quiz 52: Accounting Entries | Double Entry Bookkeeping

Test your knowledge of double entry bookkeeping with our accounting entries quiz.

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If you need a refresher course on accounting journal entries you can view our basics of bookkeeping tutorials here.

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1. What is the accounting entry to record a cash sale?

2. What is the accounting entry to record the purchase of fixed assets on credit from a supplier?

3. What is the accounting entry to record the receipt of cash from a credit account customer?

4. What is the accounting entry for the accrual of wages?

5. What are the accounting entries to record a cash withdrawal by the owner.

6.What are the accounting entries for recording the depreciation expense for an accounting period?

7. What is the accounting entry to record the payment of a dividend?

8. What are the accounting entries to record the cash payment of a utility expense?

9. What are the accounting entries to record the invoicing of a credit customer for services provided?

10. What is the accounting entry to record the investment of cash by the owner of a business?

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About the Author

Chartered accountant Michael Brown is the founder and CEO of Double Entry Bookkeeping. He has worked as an accountant and consultant for more than 25 years and has built financial models for all types of industries. He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a degree from Loughborough University.

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