Each topic on this site ends with an original mixed practice set and explained answers. This page shows how to use them, gives you a short warm-up and lists every set in a study order.
How should you work through a set?
The aim is to make your method reliable, not to collect ticks.
- Attempt first. Do the whole set without looking at answers, on paper, with ruled columns.
- Mark by step. Compare with the explained answers line by line, and mark the exact line where you first differ.
- Name the cause. Decide if it was arithmetic, interpretation or incomplete reasoning.
- Log and retest. Put it in your mistake log and retest queue and redo a fresh question two days later.
The original mixed-practice builder puts together a session from several topics, and if no reviewed questions match your choice it says so instead of inventing answers.
A three-question warm-up
Try these before opening a set.
1. A business has assets of RM30,000 and liabilities of RM8,000. The owner then withdraws RM1,500 cash for personal use. Write the equation afterwards.
Show answer
Capital before is 30,000 − 8,000 = RM22,000. Cash falls by 1,500, so assets are RM28,500. Drawings reduce capital to RM20,500.
Check: 28,500 = 8,000 + 20,500. Assets RM28,500 = liabilities RM8,000 + capital RM20,500.
2. Goods costing RM2,400 are bought on credit from Lim Trading. Give the double entry.
Show answer
Debit Purchases RM2,400. Credit Lim Trading (payables) RM2,400. The business owes more, so the payables account is credited.
3. The cash book shows a bank balance of RM1,250. A cheque for RM200 paid to a supplier has not yet been presented at the bank. What balance does the bank statement show, if that is the only difference?
Show answer
The cheque is already deducted in the cash book but not at the bank, so the bank still holds the RM200. Bank statement balance = 1,250 + 200 = RM1,450.
Which sets are there, and in what order?
Work through the groups in order the first time. Later, pick sets by your red and amber topics.
Foundations
- Accounting model and transactions: the equation and what each transaction changes.
- Source evidence and original entry: documents and books of original entry.
- Double-entry foundations: debits, credits, posting and balancing.
- Cash books and petty cash: columns, contras and the imprest.
Checking the records
- Trial balance and error limits: what agreement proves and what it does not.
- Suspense and correcting errors: correcting journals and profit effects.
- Bank reconciliation: timing items and independent checks.
- Control accounts: totals against individual balances.
Adjustments
- Capital and revenue treatment, depreciation and disposal, accruals and prepayments, receivables and allowances and inventory and cost of sales.
Statements for different organisations
- Sole traders, partnerships, companies, manufacturing accounts, clubs and societies and incomplete records.
Interpretation and exam technique
What do the answers show you?
Each explained answer gives the entries, the reasoning and a check figure. A check figure is a second route to the same total, such as recomputing a balance another way, so you can test your own work without a teacher present.
If the same cause keeps appearing, read the terminology guide and the study route. When a set exposes an entry you cannot explain, online one-to-one Accounting tuition is one way to get it examined with you.