Bookkeeping Test | Accounting Test

Test Your Knowledge of the Balance Sheet

This is the first in a series of accounting tests. Read the article on the Balance Sheet, then take this bookkeeping test to self assess your bookkeeping skills OR the bookkeeper you are hiring.

When you have completed the bookkeeping test, submit your answers to receive the answer key.

BEFORE you click on the "Get the answer key" button, I recommend you print / save to a pdf the test with your answers ... or handwrite your answers on a piece of paper ... so you can compare your answers to the answer key.

BEFORE YOU START the test, I also recommend you have my cheat table open to assist you in answering the questions.

Accounting Test on The Balance Sheet

Please note that all fields followed by an asterisk must be filled in.
Accounts Payable
Accounts Receivable
Computer Equipment
Capital Lease Obligation
Accounts Payable
Accounts Receivable
Amortization Expense
Capital Asset Account
Accumulated Amortization
$2700 loss
$2700 gain
$16800 gain
$16800 loss
$8500 gain
$8500 loss
none of the above
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