Test your knowledge of double entry bookkeeping with our financial statements quiz.
If you need a refresher course on this topic you can view our basics of bookkeeping tutorials here.
Start the Financial Statements Quiz
Indicate the financial statement on which each of the following accounts would appear. Click on an answer to reveal whether its Right! or Wrong.
Try Another Double Entry Bookkeeping Quiz
The financial statements 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.
- Quiz 65: Accounting Transactions
- Quiz 44: Cash Receipts and Payments Transactions Quiz
- Quiz 32: Inventory – Lower of Cost or Market Rule
- Quiz 33: Adjusting Entries Quiz
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.