or Let us call you
Try Virtual Classroom now
Request a Demo
There is only one type of accounting, and it is used for all of a businees's reporting needs.
The basic accounting equation is:
Revenues are earned when the customer is billed.
The principle which requires that expenses be accrued or deferred is the:
Cash had a balance of $100 and it has a balance of $200 after I made this journal entry. I must have:
I want to make a journal entry to increase accounts payable, so I credit that account.
The body responsible for promulgating U.S. Generally Accepted Accounting Principles is the:
What do we call the process of transferring the balances of nominal accounts to the retained earning account, thereby starting those nominal accounts fresh for the next period?
The concept that a legal business entity, such as a corporation or a partnership, is separate from its owners is called the:
Which of the following revenue recognition methods is generally used in business?
A test to determine if you could pass a basic bookkeeping or accounting class.
basic bookkeeping accounting financial statements
it is very useful cause it makes you intelligent
18 days 12 hours 16 minutes ago
Add a comment
best for entry level
97 days 18 hours 28 minutes ago
I haven't seen this type of quiz, however i had more knowledge while doing this quiz, it is very important to anyone, and it create more experiance to alll
183 days 17 hours 35 minutes ago
its very useful for me.. give me some other model question
1282 days 21 hours 48 minutes ago
1488 days 11 hours 16 minutes ago
I want more question related to basic accounting and finance..
1493 days 15 hours 28 minutes ago
please can u give me more question realted to finance..This was beneficial for me....
1493 days 15 hours 38 minutes ago
Find a course that’s right for you.
Basic Concepts in Corporate Finance
corporate, finance, basic, concepts, net, present, value
| 1560 Attempts
Accounting for Class 11 and 12 (CBSE, ICSE, GCSE, IGCSE, AS / A Level)
Price per 20 classes
Fundamentals of Accounting for CA - CPT
Basic Accounting for Beginners
Practical Bookkeeping Theory