Basics & Fundamentals of Accounting | Accounting basics for beginners | Step by step guide #accounts

Accounting Fundamentals - Part 1 | Introduction to Accounting

Accounting Equation Quiz Here are 5 quick questions on the Accounting Equation. Can you answer them all under time pressure? 1. Buying equipment with Cash increases Assets and Liabilities. True or False? 2. Running a depreciation expense decreases Assets and Equity. True or False? 3. Earning revenue 'on account' increases Assets and Liabilities. True or False? 4. Repaying a loan decreases Assets and Liabilities. True or False? 5. Receiving a payment from a debtor has no overall impact on the Acc

10 Question Accounting Quiz | Let’s put Your Accounting Knowledge to the Test!