Test your knowledge of double entry bookkeeping with our cash book receipt or payment quiz.
In order to correctly enter transactions into the cash book it is first necessary to be able to identify whether it is a receipt or a payment transaction.
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Start the Receipt or Payment Quiz
Identify whether each of the following transactions is a cash book receipt or a payment.
For each question click on an answer to reveal whether its Right! or Wrong.
Try Another Double Entry Bookkeeping Quiz
This cash book receipt or payment 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 67: Expanded Accounting Equation Quiz
- Quiz 37: Debit Credit In Accounting Quiz
- Quiz 48: Financial Statements Quiz
- Quiz 14: Accounts Receivable Test
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.