Accounting exam prep

Bookkeeping Certification practice test

2026-2027 exam practice page

6 practice questions

Answers and rationales included. Switch between Exam and Study modes.

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NACPB
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6 questions / 75 min
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Bookkeeping Certification

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Question 1 Accounting Equation

Question 1: Accounting Equation

If total assets are $50,000 and total liabilities are $20,000, what is owner's equity?

Question 2 Debits and Credits

Question 2: Debits and Credits

Which of the following statements is true?

Question 3 Journal Entries

Question 3: Journal Entries

A business purchases office supplies for $200 cash. What is the journal entry?

Question 4 Adjusting Entries

Question 4: Adjusting Entries

A company paid $1,200 for a one-year insurance policy on January 1. At month-end, what adjusting entry is required?

Question 5 Trial Balance

Question 5: Trial Balance

The primary purpose of a trial balance is to:

Question 6 Accrual vs. Cash Basis

Question 6: Accrual vs. Cash Basis

Under the accrual basis of accounting, revenue is recognized when:

Question 7 Depreciation

Question 7: Depreciation

Equipment cost $10,000 with a salvage value of $1,000 and a 5-year useful life. Using straight-line depreciation, annual depreciation expense is:

Question 8 Closing Entries

Question 8: Closing Entries

Closing entries at the end of the period are used to:

Question 9 Bank Reconciliation

Question 9: Bank Reconciliation

A check the company issued has not yet cleared the bank. On a bank reconciliation, this is treated as:

Question 10 Inventory Cost Methods

Question 10: Inventory Cost Methods

Under the FIFO (First-In, First-Out) method during a period of rising prices, ending inventory will be:

Question 11 Payroll Liabilities

Question 11: Payroll Liabilities

An employer withholds federal income tax from an employee's paycheck. Before remitting to the IRS, this amount is classified as:

Question 12 Statement of Cash Flows

Question 12: Statement of Cash Flows

Cash received from issuing common stock would appear in which section of the statement of cash flows?

Question 13 Petty Cash

Question 13: Petty Cash

When the petty cash fund is replenished, the entry includes a credit to:

Question 14 Sales on Account

Question 14: Sales on Account

ABC Co. sells $5,000 of merchandise on credit. The journal entry includes:

Question 15 Bad Debt

Question 15: Bad Debt

Under the allowance method, when a specific account is determined to be uncollectible, the entry is:

Question 16 Internal Control

Question 16: Internal Control

The principle of separation of duties means that:

Question 17 Contra Accounts

Question 17: Contra Accounts

Accumulated Depreciation is best described as:

Question 18 Sales Tax

Question 18: Sales Tax

A business sells $1,000 of goods plus 8% sales tax. The amount to be remitted to the state for this sale is:

Question 19 Accrued Expenses

Question 19: Accrued Expenses

Employees earned $3,000 in wages on the last week of the month but will not be paid until next month. The required adjusting entry is:

Question 20 Financial Statements Order

Question 20: Financial Statements Order

Which financial statement should typically be prepared first?

Question 1 of 20

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About this practice test

What this 2026-2027 Bookkeeping Certification Practice Test covers

Purchase access to the current 6-question practice bank, with exam mode, study mode, answers and rationales. The free sample is separate. Purchase includes the current bank only.

Practice material can include variations on the same concept. It is not an official exam or a guarantee of a passing score. Confirm important facts against current authoritative sources.

Work through up to 50 NACPB-style questions built around financial reporting, reconciliation, and the wording patterns students usually miss on the first read.
Use answer-by-answer rationales to learn why the correct option wins and why weaker distractors fail in Accounting exam situations.
Review 3 real-world analogies, topic article cards, and source checks after each question so internal control and audit evidence feel easier to recognize under pressure.
Build timing, confidence, and recall with scenario-based practice that feels closer to the real Bookkeeping Certification than a generic flashcard dump.

Prepare for the Bookkeeping Certification with realistic NACPB practice questions, timed review, detailed rationales, and real-world analogies that make harder Accounting concepts easier to remember.

This practice test is designed for students and professionals preparing for Bookkeeping Certification who want stronger exam-day confidence, better explanation quality, and more useful answer review than a generic test bank.

Focus areas include financial reporting, reconciliation, internal control, audit evidence, along with scenario-based judgment, careful review of why distractors are less correct, and real-world analogies that help the key ideas stick.

What you will practice on this page

  • Work through up to 50 NACPB-style questions built around financial reporting, reconciliation, and the wording patterns students usually miss on the first read.
  • Use answer-by-answer rationales to learn why the correct option wins and why weaker distractors fail in Accounting exam situations.
  • Review 3 real-world analogies, topic article cards, and source checks after each question so internal control and audit evidence feel easier to recognize under pressure.
  • Build timing, confidence, and recall with scenario-based practice that feels closer to the real Bookkeeping Certification than a generic flashcard quiz.

How to use this exam to study smarter

  1. Start with the 20-question free sample to spot whether financial reporting or reconciliation is slowing you down before you buy the full exam.
  2. After each block, review every rationale and the 3 real-world analogies, topic article cards, and source checks so the tested pattern behind internal control becomes easier to remember.
  3. Retake the full Bookkeeping Certification practice test in timed mode and focus on cleaner decision-making, not just memorizing the last answer.

Students often land on this page after searching for terms like Bookkeeping Certification practice test, Bookkeeping Certification practice questions, Bookkeeping Certification free practice test, Bookkeeping Certification study guide, NACPB Bookkeeping Certification practice test, Bookkeeping Certification financial reporting questions. That is why the free sample gives you 10 questions first and the full version goes deeper into the tested patterns.

Frequently asked questions

What does this purchase include?

Purchase access to the current 6-question practice bank, with exam mode, study mode, answers and rationales. The free sample is separate. Purchase includes the current bank only.

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After successful payment, sign in with your checkout account and open the exam from your account. You can use exam mode and study mode with answer rationales.

Is this an official exam or a passing-score guarantee?

No. This is independent practice material. Use current official exam objectives and authoritative references alongside it.

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Study articles that support Bookkeeping Certification prep

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