Fun-damentals – Planting the Seeds of Business Knowhow, Tests

Bookkeeping - it’s history (cavemen?), double entry, whether the banks have lied to us, transactions, sources, the chart and period-end adjustments. This is a series of Tests and Answers related to the KnowHow Papers of the same name, filling the gap in the knowledge bank of so many. It is best used in tandem with the KnowHow Papers and, along with the Quizzes, Examples and Exercises, forms Module 1 of the BeansTalk KnowHow course. No, it won’t turn you into an accountant, but it will help you understand what they do.

Answers are at the back of the document.