5 Debit and Credit Practice Questions & Solutions

Accounting Basics Lesson 10. Join me in this episode of Accounting Basics for Beginners as we work through Five Debit Credit examples and solutions.

In this video, you can get in your Debit Credit practice by putting the skills you have learned to the test. Practice Questions have long been my favourite way to wrap my head around a topic, so I have put together 5 debit credit questions and solutions for us to work through together.

I'll show you how to solve these Debit Credit practice problems using "DEALER" which is a super handy way to remember the normal Debit and Credit accounts.

You can use this Debit Credit test to help reinforce your understanding of this topic which many people, understandably, tend to struggle with when introduced to Accounting. These five Debit Credit questions will make Accounting seem like a walk in the park. Don't forget to watch the video until the end because these Debit Credit examples get progressively more difficult!

⏱️TIMESTAMPS
00:00 - Intro
00:17 - Debit and Credit Practice Questions
01:06 - Question 1
02:17 - Question 2
03:07 - Question 3
03:47 - Question 4
04:50 - Question 5

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[AccountingStuff]

Apologies for the terrible handwriting! How did you find these practice questions? Would you like me to do more covering other areas?

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⏱TIMESTAMPS
00:00 - Intro
00:17 - Debit and Credit Practice Questions
01:06 - Question 1
02:17 - Question 2
03:07 - Question 3
03:47 - Question 4
04:50 - Question 5

[sudipachakravarty]

Man, how I wish you were my Accounting teacher...

[Sheikhmuzaffar]

Hey I know u don't get ..Views but don't worry ..Plz and plz never delete these videos .. they will give u profit in future .. it's my gurantee .. u r great love u

[joannamilligan]

James, this allowed my brain to process everything logically, practically and in real time! Please upload more like this! By the way, all of your videos are great. I keep watching them over and over again. Thanks for all your hard work.

[hoangkieu]

Guys, even my accounting teacher does watch this series so I highly recommend you guys this channel :)

[Edwardozo]

I have been struggling for like 2.5 months doing accounting for the first time. I wanted to take it as an elective (i am a pure science bio/chem major) in college and I tell you. This guy is a lifesaver. After following the beginner's accounting playlist on your home page, I can logically track and understand what is happening. Thank you so much. I'm on the verge of crying tears of joy because the structure of your teaching this topic is perfect. And this is the first time I did accounting exercises and finally got all of them right. Thank you so much.

[amrloay]

U should make more practical question videos like this one

[VRwithJasmine]

Could you do practice problems with journal entires? Also stuff on bad debt expense

[jessmardanielbose]

Man, you’re making accounting easier to understand especially for us, beginners. Continue making videos bro God bless 🙂

[shapebyshana]

you are literally my ACC 101 professor for this semester

[brendanwoodcock]

I am in an mba accounting class and I wish my professor were capable of teaching content in this manner. So effective for my understanding - you take it step by step slowly. Brilliant. Went from drowning in the content to understanding it well, in like 1/10th of the time I had previously spent. Sharing this far and wide. Thank you

[nunyaland]

I absolutely love love love your videos. Please dont stop!! Your production value and the way you explain things are done really well

[jaypatel]

We need more of the quiz like this. You can make quiz and give small gifts to who answers more accurately by keeping us engaging. Great brain processing activity.

[DanielleJade]

Could you do some more of these - this is what I am really struggling to get my head around and this has helped so much

[ladieesc]

just subscribed!!! best accounting videos on youtube PERIOD!

[vinonawang]

loads of thanks James! i just started my accounting lecture this year and couldnt find a clue, then i found your channel and suddenly accounting seems so much easier for me. keep it up!!!

[stann]

you're really good at teaching, love the vid

[TheMandolinn]

Thank you SO much James!! You're saving my arse here not even kidding. I couldn't get this stuff strait but after finding your videos I feel so much more confident!! Please keep doing these problems, they help me to figure out the answers and confirm with yours- it's paramount for me right now! You rock.

[heavenmaebalaque]

Thank you for this video! Its a big help for me!

[erikagaspar]

I've had the hardest time understanding debits and credits, but working through these exercises with you is starting to clear things up. Thank you!