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Double Entry Accounting Quiz

Double Entry Accounting Quiz - Free Business Types Test - FreudlyTake a free double entry accounting quiz to explore your double entry accounting knowledge and discover. Quick, no sign-up needed. Start now!en
Learn how well you grasp debits, credits, balances, and the accounting equation in about 10 minutes. Get a clear snapshot from 16 real-world entries and spot where to sharpen skills fast.
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Questions: 1610 minutes
08:30
July 22, 2026
July 22, 2026
Material has been updated
July 22, 2026
Material has been published
2,881 view
276 completions
241 likes
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How the Scales are Structured

example score
3/16
Double Entry Accounting Knowledge (DEAK)
Measures your understanding of double-entry accounting fundamentals, including debits/credits, account balances, and transaction recording.
Foundations to build
Developing knowledge
Strong knowledge
06: Foundations to build | 712: Developing knowledge | 1316: Strong knowledge
A score of 3 indicates foundational gaps, suggesting you may benefit from reviewing the accounting equation, account types, and basic debit-credit rules before moving to more complex entries.
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DATA-BASED USER COHORTS

Who Usually Takes This Test?

Accounting Students and Trainees
41%OF USERS
People studying bookkeeping or accounting use it to check their grasp of debits, credits, and common transaction entries before exams or coursework.
Small Business Owners
34%OF USERS
Owners and founders take it to confirm they understand how everyday sales, expenses, loans, and prepayments affect accounts and the accounting equation.
New Finance Team Hires
25%OF USERS
Early-career staff use it to spot gaps in double-entry fundamentals and build confidence in balancing accounts and catching posting errors.
BASED ON AGGREGATED, ANONYMIZED DATA FROM TENS OF THOUSANDS OF FREUDLY USERS.
Benchmarking

See How You Compare

Once you complete the test, your results are compared with real-world data from people in your country.
Below is a preview of how scores are typically distributed across each scale.
Double Entry Accounting Knowledge (DEAK)
Double Entry Accounting Knowledge (DEAK)
Average
4.2
Normal range
1.56.9
min.
0
max.
16
This curve shows how scores are typically distributed.
Once you complete the test, your result will appear on the scale so you can see how you compare.
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SAMPLE QUESTIONS

Example Questions From the Test

    • Debit Cash; credit Supplies
    • Debit Accounts Payable; credit Cash
    • Debit Supplies Expense; credit Accounts Payable
    • Debit Supplies; credit Cash
    • Debit Prepaid Insurance; credit Insurance Expense
    • Debit Cash; credit Insurance Expense
    • Debit Accounts Payable; credit Prepaid Insurance
    • Debit Insurance Expense; credit Prepaid Insurance
    • Debit Accounts Receivable; credit Service Revenue
    • Debit Cash; credit Service Revenue
    • Debit Cash; credit Unearned Revenue
    • Debit Unearned Revenue; credit Cash
WHAT THE TEST MEASURES
About This Assessment

Double Entry Accounting Quiz - Symptoms and Signs

Test how well you understand debits, credits, account balances, transaction entries, and the accounting equation. This free 16-question quiz moves from essential principles to practical bookkeeping scenarios involving sales, expenses, loans, prepayments, and error detection. Your score provides a concise snapshot of your double-entry accounting knowledge and highlights whether you should review the foundations or tackle more advanced practice. No sign-up is required.

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