Exam Task 1: Classify the Accounts & Their Normal Balances
This lesson is part of the course
In this lesson
You classify four of Quillmore Stationery’s accounts as asset, liability, equity, income or expense, and give a normal balance, exam style.
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Lessons in this course
- Exam Task 1: Classify the Accounts & Their Normal Balances Locked
- Exam Task 2: Debit & Credit Rules in the Journal Locked
- Exam Task 3: From the Day Books to the Ledgers with SUMIFS Locked
- Exam Task 4: The Trial Balance Does Not Agree – Find the Error Locked
- Exam Task 5: Sales Tax on an Invoice – Discounts, Rounding & Tax-Inclusive Prices Locked
- Exam Task 6: Bank Reconciliation Statement Locked
- Exam Task 7: Accruals & Prepayments at the Year End Locked
- Exam Task 8: Timed Mock – Adjustments, Final Balances, Profit & a Chart Locked