basics of bookkeeping quiz

Quiz 21: Basics of Bookkeeping Quiz

Test your knowledge of bookkeeping with our online basics of bookkeeping quiz.

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1. What is a purchase order used for?
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2. What is a contra revenue account?
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3. Does a contra revenue account normally have a debit or a credit balance?
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4. What are accounting source documents?
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5. Which of the following is an accounting source document?
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6. Which of these comes first in the accounting cycle?
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7. Which of the following is not part of the double entry bookkeeping system? (Assume control accounts do not form part of the double entry)
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8. What is the petty cash reconciliation form used for?
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9. Which of the following errors affect the trial balance?
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10. Using the cash basis of accounting a sale is recorded when?
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Try Another Double Entry Bookkeeping Quiz

The basics of bookkeeping 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 October 1st, 2019 by Michael Brown

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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Posted By: Michael Brown
Bookkeeping Basics