Bookkeeping Quiz,
Quick and Fun

Here is a free bookkeeping quiz to get a quick start on finding out how much you really know about bookkeeping.

This small test not only is free, but has just 10 questions and can easily be finished within 5 minutes. Plus you will get immediate access to the answer key!

Start by grabbing a blank piece of paper and pen or pencil and number your paper from 1 to 10. Then as you click on the answers from the pull down menu, you can write them down on your paper as well.

As soon as you click on the Check Your Answers button, you will get immediate access to the answer key to check your answers and see how you did.

Enjoy!

Bookkeeping Quiz, Free and Quick with Immediate Access to the Answers
Please note that all fields followed by an asterisk must be filled in.
1. Which of the following is NOT an asset account?* 1. Which of the following is NOT an asset account?*
2. An account that tracks what your company is spending is called an expense account.* 2. An account that tracks what your company is spending is called an expense account.*
3. What account would you use to record the outstanding bills of a business?* 3. What account would you use to record the outstanding bills of a business?*
4. An income account has a normal ___________ balance.* 4. An income account has a normal ___________ balance.*
5. The owner's draw account is a ________ account.* 5. The owner's draw account is a ________ account.*
6. You use an asset account to track capital investments.* 6. You use an asset account to track capital investments.*
7. A document that adds up all the debits and credits so that mistakes can be traced if debits don't equal credits is called a __________.* 7. A document that adds up all the debits and credits so that mistakes can be traced if debits don't equal credits is called a __________.*
8. An expense account has a normal ___________ balance.* 8. An expense account has a normal ___________ balance.*
9. Which one of the following accounts would you find on an income statement?* 9. Which one of the following accounts would you find on an income statement?*
10. The accounts receivable is used for money that is owed to you for sales that you have already made that have not been paid for yet.* 10. The accounts receivable is used for money that is owed to you for sales that you have already made that have not been paid for yet.*
First Name* First Name*

E-mail Address* E-mail Address*

Country

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