Quiz 59: Accounting Debits and Credits Quiz

Test your knowledge of mdct.ru with our accounting debits and credits quiz.

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If you need a refresher course on the use of accounting debits and credits, take a look at our basics of bookkeeping and accounting equation tutorials.

Start the Accounting Debits and Credits Quiz

The components of the accounting equation are impacted by both debits and credits. Can you identify whether a debit or a credit is responsible for the following.

For each question click on an answer to reveal whether its Right! or Wrong.

1. Increase in assets?
Right!
Wrong
2. Increase in capital?
Wrong
Right!
3. Decrease in capital?
Right!
Wrong
4. Increase in liabilities?
Wrong
Right!
5. Decrease in assets?
Wrong
Right!
6. Decrease in liabilities?
Right!
Wrong
7. Increase in expenses?
Right!
Wrong
8. Decrease in income?
Right!
Wrong
9. Decrease in expenses?
Wrong
Right!
10. Increase in income?
Wrong
Right!

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Quiz 59: Accounting Debits and Credits Quiz January 24th, 2017Team

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