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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
List the five columns found in a journal.
💡 Hint: Think about what information we need for a transaction.
Question 2
Easy
What do you record in the narration?
💡 Hint: It describes the reason for the entry.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the first step in recording a transaction?
- Create a trial balance
- Make a journal entry
- Post to ledger
💡 Hint: What do you do before preparing any reports?
Question 2
True or False: Each journal entry must have a debit and credit amount.
- True
- False
💡 Hint: Think about the balance in accounts.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
You sold merchandise on credit for ₹10,000. Record the journal entry with narration.
💡 Hint: Identify the accounts impacted.
Question 2
A customer returns goods worth ₹2,000. How do you record this in the journal?
💡 Hint: Think about how returns affect the accounts.
Challenge and get performance evaluation