Quiz 52: Accounting Entries

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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For each question click on an answer to reveal whether its Right! or Wrong.

 

1. What is the accounting entry to record a cash sale?
Wrong
Right!
Wrong
2. What is the accounting entry to record the purchase of fixed assets on credit from a supplier?
Right!
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3. What is the accounting entry to record the receipt of cash from a credit account customer?
Wrong
Right!
Wrong
4. What is the accounting entry for the accrual of wages?
Wrong
Wrong
Right!
5. What are the accounting entries to record a cash withdrawal by the owner.
Wrong
Wrong
Right!
6.What are the accounting entries for recording the depreciation expense for an accounting period?
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7. What is the accounting entry to record the payment of a dividend?
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8. What are the accounting entries to record the cash payment of a utility expense?
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9. What are the accounting entries to record the invoicing of a credit customer for services provided?
Right!
Wrong
Wrong
10. What is the accounting entry to record the investment of cash by the owner of a business?
Wrong
Wrong
Right!

 

 

 

 

Try Another Double Entry Bookkeeping Quiz

This accounting 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.

Last modified December 14th, 2016 by Team

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