Full Accounting Questions and Answers

Here is a list of full accounting questions and answers that can be found on this site, along with a brief description of each one. Please note that these are generally intermediate to advanced exercises.

I would definitely recommend to time yourself when you practice each of these exercises. This will help ensure you're not taking too long to complete each question and will help you get used to doing exercises under exam settings.

For your convenience, difficulty levels and time limits are stated for each of these exercises at the top of each page.

basic accounting test

basic accounting equation exercises

Accounting Basics: Workbook on Amazon

Plant and equipment

shareholders company common stock shares

Cash Flow Statement full Exercise question solution thumbnail

Accounting Questions and Answers on Advanced Topics

Here are a bunch of questions on specialized topics submitted by fellow accounting students from around the world, with detailed explanations:

For More Practice - Get the Workbook!

accounting workbook

If you want more practice with full accounting questions and answers you should get the official exercise book for this site, Volume 2 in the Accounting Basics series:
the Workbook.

Accounting Basics: Workbook has 88 questions and exercises, starting from the accounting equation and basic concepts to journal entries, T-accounts, the trial balance, financial statements, the cash flow statement, inventory, depreciation, provisions, doubtful debts, year-end entries, bank reconciliations and more.

Please note: The detailed, fully explained exercises in the Workbook are not available on this site - only in the book!

The Workbook is available in softcover for $14.95 or as a
Kindle e-book for just $9.95.

Some testimonials from individuals who bought the Workbook:

"Really helps!"

"Very helpful."

"Learned very much from it, it was awesome."

"The workbook is a great review for me of the classes I took in College."

"The book is very interesting and easy to follow. I have to take a course in accounting for an online degree program that I am involved with and this book is a life saver. It explains clearly the information you need and has quizzes that are a tremendous help in grasping the material."

Rated 4.8 out of 5 by Amazon customers.