Free practice test

Bookkeeper Practice Test

Check what you know about the bookkeeper job with 15 free questions and instant explanations.

Updated By the Career Education Institute Curriculum Team
About this practice test

15 multiple-choice questions on bookkeeper knowledge, safety and vocabulary. Submit to see your score and explanations, or open any question’s answer as you go. Nothing is saved or shared.

Question 1 of 15In double-entry bookkeeping, total debits must equal:
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Answer: Total credits. Debits always equal credits.

Question 2 of 15Accounts receivable represents:
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Answer: Money customers owe the business. A/R is money owed to the business.

Question 3 of 15Which report shows profit over a period?
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Answer: Income statement. The income statement (P&L) shows profit.

Question 4 of 15An outstanding check is one that:
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Answer: Was written but hasn’t cleared the bank. It’s recorded in the books but not yet on the statement.

Question 5 of 15A bank reconciliation difference divisible by 9 often indicates:
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Answer: A transposition error. Transposed digits create differences divisible by 9.

Question 6 of 15Which term matches this definition: “Money the business owes to vendors.”
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Answer: Accounts payable (A/P). Accounts payable (A/P): Money the business owes to vendors.

Question 7 of 15What does “Month-end close” mean?
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Answer: Steps to finalize and review the books each month.. Month-end close: Steps to finalize and review the books each month.

Question 8 of 15Which term matches this definition: “Money customers owe the business.”
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Answer: Accounts receivable (A/R). Accounts receivable (A/R): Money customers owe the business.

Question 9 of 15What does “Chart of accounts” mean?
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Answer: The list of accounts used to categorize transactions.. Chart of accounts: The list of accounts used to categorize transactions.

Question 10 of 15Which term matches this definition: “A snapshot of assets, liabilities and equity.”
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Answer: Balance sheet. Balance sheet: A snapshot of assets, liabilities and equity.

Question 11 of 15What does “Journal entry” mean?
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Answer: A manual record of a transaction or adjustment.. Journal entry: A manual record of a transaction or adjustment.

Question 12 of 15Which term matches this definition: “A report listing all account balances to confirm debits equal credits.”
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Answer: Trial balance. Trial balance: A report listing all account balances to confirm debits equal credits.

Question 13 of 15What does “Income statement (P&L)” mean?
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Answer: A report of revenue, expenses and profit over a period.. Income statement (P&L): A report of revenue, expenses and profit over a period.

Question 14 of 15Which term matches this definition: “An entry on the left side of an account; increases assets and expenses.”
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Answer: Debit. Debit: An entry on the left side of an account; increases assets and expenses.

Question 15 of 15What does “Bank reconciliation” mean?
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Answer: Matching the books to the bank statement.. Bank reconciliation: Matching the books to the bank statement.

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