Accounting Quiz Questions and Answers: The Basic Accounting Equation

Accounting Quiz Questions and Answers: The Basic Accounting Equation. Accounting questions and answers aim to help students to understand the basic accounting equation. Accounting test with answers. Accounting quiz with answers.
Test your knowledge in accounting with a series of multiple choice questions with answers
#accounting#testyourknowledge
0:00 Introduction
0:29 A identifies
0:47 A purchase
1:05 A Owner's Equity
1:22 A Identification
1:41 A Market price
2:18 A Owner's investments
2:40 A Assets exceed liabilities
2:58 A Balance sheet

[@PrakrithiRai]

Not being rude by any means, i just wanted to let you know that if u could just increase the level of questions it would be much helpful for everyone who have applied for interviews. Because nowadays nobody asks basic questions. Thats it thank you and i appreciate your videos btw

[@SocratGhadban]

Hello, thank you for your comment, i really appreciate it, basically these videos are originally made for students in first year to learn the basics, please let me know if there is a specific you would like to cover, i will do it with pleasure.

[@tazzytaz2557]

Thank you this quiz is great for beginners!

[@SocratGhadban]

My pleasure!

[@AccountingUpgrade]

Nice quiz

[@SocratGhadban]

Thank you, please share with your students and let them check their knowledge

[@subramanigunashekar1414]

Pls check question 8 Owners equity will decrease by Owner withdrawals not by investment not sure if I am wrong

[@SocratGhadban]

Owner investment it means you add to the capital so the owners' equity increases, however the withdrawal when owners take cash from the company so their rights in the company will decrease thus the owners equity decreases!

[@user-xp7jp4ij8h]

Thank you so much🎉🎉

[@SocratGhadban]

my pleasure !

[@czrfinance]

Thanks

[@SocratGhadban]

My pleasure!

[@vlogkunuhay8244]

9/10 yehey

[@SocratGhadban]

Great!

[@kenesufernandez1281]

💖✨

[@soaringwithselena]

❤thanks

[@SocratGhadban]

My pleasure :)

[@KayWrld]

Ty

[@SocratGhadban]

Most welcome!

[@kenesufernandez1281]

✨💖

[@SocratGhadban]

Thank you!

[@vaibhav_unni.2407]

8/10

[@SocratGhadban]

very good!

[@aadiqureshi3875]

answers are not showing

[@SocratGhadban]

the right answer is the one that doesn't disappear

[@ishuali5800]

Iss mei say aak v question nh aya hai test mei

[@SocratGhadban]

which question?

[@RBOAcademy]

Nice quiz

[@SocratGhadban]

Thanks, feel free to share the video with your students