Home › Courses › ACCA › Financial Accounting › Double EntryACCA Double Entry — practice questions Explore 3 free Double Entry questions in ACCA Financial Accounting. Open each question or exercise to read its content, reference answers and available explanation.
Practise Double Entry with Quill → Double Entry questions and exercises with answers Showing questions 1–3 of 3.
Worked practice questions Debit or Credit? (ACCA FA) Read exercise and reference answers Questions Statement is true Yes Statement An increase in an asset is recorded as a debit. Statement is true No Statement An increase in a liability is recorded as a debit. Statement is true Yes Statement An increase in income is recorded as a credit. Statement is true Yes Statement Every transaction affects at least two accounts. Statement is true Yes Statement Total debits must always equal total credits. Statement is true No Statement Drawings increase owner's equity. Instructions True if the statement follows double-entry rules. Open this exercise →
Normal Balance Match (ACCA FA) Read exercise and reference answers Matching pairs Left Asset increase Right Debit Left Liability increase Right Credit Left Expense increase Right Debit entry Left Income increase Right Credit entry Left Capital increase Right Credit side Instructions Match each account to its increase entry. Open this exercise →
Debit or Credit Sort (ACCA FA) Read exercise and reference answers Items Item Purchases Answer left Item Sales Answer right Item Receivables Answer left Item Payables Answer right Item Wages Answer left Item Share capital Answer right Item Rent expense Answer left Item Bank loan Answer right Categories Left Debit balance Right Credit balance Instructions Swipe each account by its normal balance. Open this exercise →
How to practise Choose a Double Entry question and try to work out your answer. Open the question to check the correct answer and read its worked solution. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account. More Financial Accounting topics 
alleryStart learning →