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 entry?
💡 Hint: Think about how you log financial activities.
Question 2
Easy
What does rectification mean?
💡 Hint: It starts with the letter 'R'.
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 rectifying an error in accounting?
- Reversing the entry
- Identifying the error
- Recording the new entry
💡 Hint: What comes before corrections?
Question 2
True or False: A reversing entry nullifies the effect of an error.
- True
- False
💡 Hint: Think about what reversing means in accounting.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
An auditor finds that three transactions were recorded under the wrong account, creating a misunderstanding of the cash flow. What approach should the accountant take?
💡 Hint: How would you fix multiple errors in one go?
Question 2
If an error is discovered after final accounts are prepared, what steps should be taken to rectify it?
💡 Hint: What do we need to adjust to correct previously settled figures?
Challenge and get performance evaluation