Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the purpose of accounting?
💡 Hint: Think about what accounting helps businesses do.
Question 2
Easy
What does a journal record?
💡 Hint: Remember the term 'book of original 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 does accounting help stakeholders with?
- Making informed decisions
- Increasing profits
- Reducing costs
💡 Hint: Think about who benefits from accurate financial information.
Question 2
True or False: A trial balance ensures that total debits equal total credits.
- True
- False
💡 Hint: Remember what trial balance is used for.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Imagine a company sold products worth $1,000 on credit and received $600 in cash. Create the journal entries and subsequently, the ledger entries for this transaction.
💡 Hint: Think of how both cash and credit transactions affect different accounts.
Question 2
A trial balance shows debits of $20,000 and credits of $19,500. What could be potential reasons for this discrepancy and how would you find it?
💡 Hint: Consider how each entry could impact the overall balance.
Challenge and get performance evaluation