Accounting Basics Quiz (Part 3 of 5)

QuickBooks Online USA (Free Trial / Discount) → https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) → https://geni.us/quickbooksonlinecanada If you’re learning accounting, this quiz is for you! I’m going to test your knowledge with 20 multiple choice questions for beginners. 9. Which of the following transactions would not be recorded under the Cash Method? 10. A business owner contributes cash to their business. What is the Journal Entry? 11. GAAP stands for ______ . 12. The main purpose of a Trial Balance is to ______ . 13. Which of the following Assets is usually depreciated? 🔴 Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel 🔗OTHER RESOURCES ▪ My Website → https://accountingstuff.com/accounting-basics/accounting-equation 🔎FAQ ▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m 🔝 CLOUD ACCOUNTING SOFTWARE ▪ XERO (Free Trial / Discount) → https://xero5440.partnerlinks.io/08mfchsgfw8z ▪ QuickBooks Online USA (Free Trial / Discount) → https://geni.us/quickbooksonlineusa ▪ QuickBooks Online Canada (Free Trial / Discount) → https://geni.us/quickbooksonlinecanada 🚶FOLLOW ME ON ▪ Instagram → https://www.instagram.com/accountingstuff ▪ TikTok → https://www.tiktok.com/@accounting_stuff ▪ Facebook → https://www.facebook.com/accountingstuff #accounting #quiz #accountingbasics