Bookkeeping and month-end close
41 practice items · needed by 2 roles
Easy 24Medium 13Hard 4
Practice questions
- The rule behind double entryeasy
- Using the accounting equationeasy
- Recording rent paid by bankeasy
- What a trial balance tells youeasy
- Prepaid insurance at year endeasy
- Salary owed at year endeasy
- Owner brings in capitaleasy
- Cash taken for personal useeasy
- Recording a credit saleeasy
- Returning goods to a suppliereasy
- Tally voucher for bank to casheasy
- Normal credit balanceeasy
- Spotting capital expenditureeasy
- The going concern assumptioneasy
- The matching principleeasy
- Applying prudenceeasy
- Interest earned but not yet receivedeasy
- Provision for doubtful debtseasy
- Topping up an imprest petty casheasy
- Recording a trade discounteasy
- Cash discount for paying earlyeasy
- What the sales day book recordseasy
- The consistency principleeasy
- Working out the bank statement balancemedium
- When to record service revenuemedium
- Repairs posted to an asset accountmedium
- An undercast sales day bookmedium
- Interest accrued on a fixed depositmedium
- Customer pays after deducting TDSmedium
- Effect of a reversing accrualmedium
- Rent paid for 18 monthsmedium
- Direct deposit on the bank statementmedium
- A lawsuit that may be lostmedium
- Sizing a warranty provisionmedium
- Three-way match in payablesmedium
- Booking a fee with TDS deductedhard
- An inventory error across two yearshard
- Depreciation after a change in useful lifehard
- Fixing a material prior-year errorhard
- When revenue is recognisedeasy
- Deferred revenue on annual billingmedium