ACCA Exam Practice

Double entry exam questions (ACCA FA1 exams questions)

Welcome another article we are going to post a series of articles which covers the practice for ACCA FA1 exam and also we are posting MA1 exam questions, In this article we will cover double entry exam questions.

So let’s begin double entry exam questions,


1 Naveen started a business by paying $5000 into a business bank account.

What is the double entry for this question?

  1. capital debit 5000 and bank credit 5000.
  2. bank debit 5000 and capital credit 5000.
  3. bank debit 5000 and drawings credit 5000.
  4. Drawings debit 5000 and bank credit 5000.

2. Naveen started a taxi business by transferring his car, worth $5000 into the business.

What are the accounting entries required to record this?

  1. Capital debit 5000 and car credit by 5000.
  2. Car debit 5000 and drawings credit 5000.
  3. Car debit 5000 and capital credit 5000.
  4. Bank debit 5000 and car credit 5000.

3. Which of the following changes could not occur as a result of an entry in the bookkeeping records?

  1. Increase asset and increase liability
  2. Decrease asset and decrease capital
  3. Increase capital and increase liability.
  4. decrease capital and increase liability.

4. A business has capital of $10000 and liabilities of $4000.

Which of the following asset and liability figures could appear in this business statement if financial position?

  1. Asset 6000 and liability 16000.
  2. Asset 6000 and liability 4000.
  3. Liability 10000 and asset 10000.
  4. Asset 14000 and liability 4000.

5. What is the double entry to record receipt of cash from an account receivable?

  1. Sales debit and A/R credit
  2. A/R debit and cash credit
  3. Cash debit and sales credit
  4. Cash debit and A/R credit.

6. What does a debit balance usually represent?

  1. Asset and income
  2. Liabilities and income
  3. Asset and expense
  4. Liabilities and expense

7. A debit balance would be expected to arise when the account are balanced at the period end on which of the following account?

  1. Capital
  2. Sales
  3. Electricity (Expense account)
  4. Loan


  1. (2)
  2. (3)
  3. (3)
  4. (4)
  5. (4)
  6. (3)
  7. (3)

These are the basic double entry exam questions, i hope you like this article, and thanks for visiting here.

More articles on the site.

ACCA exam practice questions-Business transaction and documentation

ACCA MA1 exam questions (production overheads)

Journal entries-double entry system for beginners

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Naveen Rajput


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