About This Quiz
Accounting is more than just working with numbers. It's what keeps a business running, as those debits and credits need to be tracked to come up with the bottom line. Is a business successful or is it failing? Ask the accountant, as they know what the books look like.
That is why more than accountants should know accounting practices. You should be balancing your checking account on a weekly or daily basis, depending on how OCD you are! The more you know about your balances in your accounts, the more likely you are to not overspend on a daily basis.
So, you take money out of your account to pay a bill. Are you debiting or crediting your checking account? Assets minus liabilities equals what? Revenue minus expenses equals what? These questions and more will be addressed in this accounting quiz.
Time to prepare yourself and see what kind of accountant you can be. Are you C.P.A. material? Or should you be paying someone to do your books on a monthly basis? Get your balance sheets ready, as this quiz is going to test you!
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