Mastering Accounting, Power Words and Getting Results in Business

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SuperUser Account / Wednesday, November 17, 2021

/ Categories: Financial English, Accounting

Tests. Set One.

Double entry accounting for assets and liabilities

Review Exercises

Task: Complete the exercises provided below and return to your instructor. You may download the file using menu at the bottom of the frame.

Exercise 1

The information that follows refers to the business of Peter Bright on 31 January 2021: freehold property £40,000, debts due to suppliers £2,350, stock £6,800, cash £180, bank overdraft £1,000, debts due from customers £1,900, furniture and fittings £3,000, delivery vehicle £2,000, mortgage on property (10 years) £5,000, loan from ABC Finance Limited (5 years) £3,000.

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Tags: accounting test

Test your financial vocabulary

The following exercises may give you additional practice to memorize and learn.

THE BASICS OF ACCOUNTING

This group of tests includes exercises which introduce the basic accounting vocabulary.

Accounting 1 Accounting_2 Accounting words Phrases Expressing Change Prepositions of change Computing Accouning Explained

FINANCIAL ACCOUNTING

This group of tests includes exercises which introduce the basics of book keeping

Cash Accounts Trading Documents Buying & Selling Adjustments Making Changes Profit&Loss Profit&Loss Account End of Year

BUSINESS ORGANIZATION

This group of tests includes exercises which introduce the basics of business organization.

Businesses False practices Shares Shares issue Partnerships Company Law Bookkeeping

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Business English

Mastering Accounting, Power Words and Getting Results in Business

Mastering Accounting, Power Words and Getting Results in Business

Tests. Set One.

Double entry accounting for assets and liabilities

Review Exercises

Exercise 1

Leave a comment

Test your financial vocabulary

THE BASICS OF ACCOUNTING

FINANCIAL ACCOUNTING

BUSINESS ORGANIZATION

EasyDNNBlockBuilder

If you are business oriented

You should start with something of your own. An online store is quite acheivable and could become a solution for your first business venture. These books may help.

Prepare for the Certificate

For those who are planning to get the Microsoft Certificate we recommend the following books:

MOS

Microsoft Word Expert

Microsoft Excel Expert