Debits and credits stop being confusing the moment they become reflexes — and reflexes come from reps, not re-reading. This 10-question quiz scores instantly and explains every answer; the goal isn’t a grade, it’s noticing which kind of question still slows you down.
Debits & Credits Quiz
10 questions · instant scoring · explanations for every answer
1. Which side of the ledger increases an asset account?
2. Which side increases a liability?
3. Revenue accounts are increased by a…
4. Expense accounts are increased by a…
5. You receive $1,000 cash from a customer paying an old invoice. The entry is:
6. The company pays $500 rent in cash:
7. A drawing/owner-withdrawal account normally carries a…
8. Which pair is both credit-natured?
9. Buying $2,000 of equipment on account (credit terms):
10. Total debits must equal total credits because…
Missed the asset/liability direction questions? That’s the account-nature layer — five minutes with the normal-balance rule fixes it. Missed the transaction entries? Practice the two-question habit: what increased, what decreased, and which nature is each? When you’re ready for full entries, the journal entry practice set is the next rep.
FAQ
What is the fastest rule for debits and credits? Assets and expenses are debit-natured (debits increase them); liabilities, equity and revenue are credit-natured. Every entry keeps total debits equal to total credits.
Why do debits increase expenses if debits increase assets too? Both sit on the left of the accounting equation’s logic: expenses reduce equity, making them behave opposite to credit-natured equity.
How many questions should I practice? Until entries feel mechanical — most learners need a few focused sets, not hundreds; the explanations matter more than the volume.