Cash Book – Q & A

Test your learning about ‘Cash Book’ chapter by answering 6 short questions given below. We suggest you try to answer each question yourself before clicking on the ‘see answer’ button. If you find difficulty in answering these questions, read ‘Cash Book’ chapter thoroughly from explanation section of the website. 2. What are the different kinds of Cash Book? See answer 4. What is contra entry…

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Introduction to Accounting – Q&A

Can you answer these 29 questions covering topics from an Introduction to Accounting course? If you find it difficult to answer any questions, read our short article on Introduction to Accounting. 2. What is bookkeeping? See answer 4. What is a business transaction? See answer 6. What is capital? See answer 8. What are assets? See answer 10. What is an account? See answer 12. What is a trade disco…

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Depreciation – Q & A

Test your learning about ‘Depreciation’ chapter by answering 10 short questions given below. We suggest you try to answer each question yourself before clicking on the ‘see answer’ button. If you find difficulty in answering these questions, read ‘Depreciation’ chapter thoroughly from explanation section of the website. 2. Give any three objects of providing depreciation? See answer 4. What do you…

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General Ledger – Questions & Answers

Test your learning about ‘General Ledger’ chapter by answering 10 short questions given below. We suggest you try to answer each question yourself before clicking on the ‘see answer’ button. If you find difficulty in answering these questions, read ‘General Ledger’ chapter thoroughly from the explanation section of the website. 1. What is a ledger? See answer 2. What is meant by posting? See answe…

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General Journal – Q&A

Test your learning about ‘General journal’ chapter by answering 10 short questions given below. We suggest you try to answer each question yourself before clicking on the ‘see answer’ button. If you find difficulty in answering these questions, read ‘General journal’ chapter thoroughly from the explanation section of the website. 2. What is meant by a journal entry? See answer 4. What is a compoun…

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Transaction Analysis – Q & A

Test your learning about ‘transaction analysis’ chapter by answering 10 short questions given below. We suggest you try to answer each question yourself before clicking on the ‘see answer’ button. If you find difficulty in answering these questions, read ‘transaction analysis’ chapter thoroughly from explanation section of the website. 2. What are the types of accounts according to traditional cla…

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Accounting Equation – Q & A

Test your learning about ‘accounting equation’ chapter by answering 10 short questions given below. We suggest you try to answer each question yourself before clicking on the ‘see answer’ button. If you find difficulty in answering these questions, read ‘Accounting Equation’ chapter thoroughly from explanation section of the website. 2. What is owner’s equity? See answer 4. If total liabilities ar…

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