Test Your Skills: Accounting Equation

The Accounting Equation (Assets = Liabilities + Equity) is used throughout accounting and is the information on the Balance Sheet. Test your understanding of the Accounting Equation with these test questions. These questions are designed to help you learn the Accounting Equation, but also to show you how the Accounting Equation is tested using multiple choice questions.

54 Questions

Log in below or register here

Still have questions? Need additional help?

Schedule a 1-on-1 live tutoring session via Zoom with an experienced accounting tutor.