Free Printable Accounting Revision 1

Free Printable Worksheets

Worksheets

Accounting Revision 1

Total questions: 38

Worksheet time: 38mins

Name

Class

Date

1.

What is the usual balance for:

Sales

a)

Debit

b)

Credit

2.

What is the usual balance for:

Purchases

a)

Debit

b)

Credit

3.

What is the usual balance for:

Return inwards

a)

Debit

b)

Credit

4.

What is the usual balance for:

Return outwards

a)

Debit

b)

Credit

5.

What is the usual balance for:

Drawings

a)

Debit

b)

Credit

6.

What is the usual balance for:

Expenses

a)

Debit

b)

Credit

7.

What is the usual balance for:

Net loss

a)

Debit

b)

Credit

8.

What is the usual balance for:

Net profit

a)

Debit

b)

Credit

9.

What is the usual balance for:

Inventory

a)

Debit

b)

Credit

10.

What is the usual balance for:

Account payables

a)

Debit

b)

Credit

11.

What is the usual balance for:

Machinery

a)

Debit

b)

Credit

12.

What is the usual balance for:

Discount allowed

a)

Debit

b)

Credit

13.

What is the usual balance for:

Bad debt

a)

Debit

b)

Credit

14.

What is the usual balance for:

Doubtful debts

a)

Debit

b)

Credit

15.

What is the usual balance for:

Marketing expenses

a)

Debit

b)

Credit

16.

What is the usual balance for:

Depreciation

a)

Debit

b)

Credit

17.

What is the usual balance for:

Rent paid

a)

Debit

b)

Credit

18.

What is the usual balance for:

Loss on disposal of non-current assets

a)

Debit

b)

Credit

19.

What is the usual balance for:

Gain on disposal of non-current assets

a)

Debit

b)

Credit

20.

What is the usual balance for:

Rental income

a)

Debit

b)

Credit

21.

What is the usual balance for:

Bank interest on deposit

a)

Debit

b)

Credit

22.

What is the usual balance for:

Bank interest on overdraft

a)

Debit

b)

Credit

23.

What is the usual balance for:

Carriage outwards

a)

Debit

b)

Credit

24.

What is the usual balance for:

Capital

a)

Debit

b)

Credit

25.

What is the usual balance for:

Bad debt recovered

a)

Debit

b)

Credit

26.

What is the usual balance for:

Rental income

a)

Debit

b)

Credit

27.

What is the usual balance for:

Discount received

a)

Debit

b)

Credit

28.

What is the usual balance for:

Salaries and wages

a)

Debit

b)

Credit

29.

What is the usual balance for:

Cash and bank

a)

Debit

b)

Credit

30.

What is the usual balance for:

Bank overdraft

a)

Debit

b)

Credit

31.

What is the usual balance for:

Account receivables

a)

Debit

b)

Credit

32.

What is the usual balance for:

Bank loan, mortgage loan

a)

Debit

b)

Credit

33.

What is the usual balance for:

Accrued income

a)

Debit

b)

Credit

34.

What is the usual balance for:

Prepaid expenses

a)

Debit

b)

Credit

35.

What is the usual balance for:

Accrued expenses

a)

Debit

b)

Credit

36.

What is the usual balance for:

Prepaid income

a)

Debit

b)

Credit

37.

What is the usual balance for:

Loan to Diana

a)

Debit

b)

Credit

38.

What is the usual balance for:

Loan from Ahmed

a)

Debit

b)

Credit

Reset

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