Accounting MCQs
Practice free Accounting multiple-choice questions with instant answer feedback and step-by-step solutions. Click an option to check yourself, reveal the full explanation, and work through all 3354 questions — no login required.
Question 65hard
The Journal entry in which two or more account is debited or credited is referred to as
Question 66medium
Goods returned by customer should be debited to which of the following accounts?
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Question 68easy
Which of the following will be debited if a business purchases goods on credit?
Question 69hard
Which of the following accounts will be debited if the business's owner withdraws cash from business for personal use?
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Question 71hard
The standard format of Journal does not include which of the following?