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 a journal in accounting?
💡 Hint: Think about where transactions are initially logged.
Question 2
Easy
What do we call the process of transferring entries from the journal to the ledger?
💡 Hint: It starts with a 'p'.
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 primary purpose of the journal?
- To categorize accounts
- To record transactions chronologically
- To summarize financial statements
💡 Hint: Think about the order in which transactions are entered.
Question 2
True or False: The ledger helps in segregating transactions into different categories.
- True
- False
💡 Hint: Remember the purpose of having a ledger?
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Your company sold services worth $1,000 and also paid $200 for supplies. After recording these transactions in the journal, explain how you would post these entries to the ledger.
💡 Hint: Consider the flow of cash in and out.
Question 2
You discover an error while posting transactions from the journal to the ledger. How would you rectify this to ensure reconciliation?
💡 Hint: Think about maintaining clear records for accountability.
Challenge and get performance evaluation