Bookkeeping Quiz Bookkeeping Skill Assessment

Quizack provides Bookkeeping MCQ practice question answers in an interactive format.

Bookkeeping MCQ

Learn and practice your skills with our MCQ question answers to improve your knowledge. MCQs list

Start Practice with MCQs

Bookkeeping Online Quiz

Quizack 10 minutes test will assess your knowledge and give you comprehensive results along feedback.

Start Quiz

Bookkeeping PDF Download

Download Free Bookkeeping MCQ questions answers PDF to practice and learn while are offline.

Download PDF

 

Used by 100s of Jobseekers and students

Used by 100s of Jobseekers and students

Focused questions for skill assessment

Focused questions for skill assessment

Premium questions with correct answers

Premium questions with correct answers

Related Skill Assessment

Free Sample Questions for Bookkeeping

A business with available cash to use will have a ......?

Debit closing balance on the Bank Statement

Debit balance in its Cash At Bank account

Credit balance in its Cash at Bank account

Answer:
Debit balance in its Cash At Bank account

Which of the following comments relating to the recording process is correct?

The general ledger is a chronological record of transactions.

The general ledger is posted from the transactions recorded in the general journal.

The trial balance provides the primary source document for recording transactions in the general journal.

Transposition is the transfer of information from the general journal to the general ledger.

Answer:
The general ledger is posted from the transactions recorded in the general journal.