CHALLENGE TYPE
Journal Entries
Record debit/credit transactions with dates, narrations, and account classifications.
40 journal entries challenges on Accountely — instant IAS/IFRS-compliant scored feedback on every submission.
Practise journal entries challenges
TitleDifficultyStandard
Willow Creek Consulting — Your First Journal EntrieseasyIAS/IFRSCascade Audio - Sale with Right of ReturneasyIAS/IFRSOrion Trading Ltd. — A Month of TransactionsmediumIAS/IFRSThornbury Ltd - Adjusting Entries When Books Have Not Been ClosedmediumIAS/IFRSBrackenfield Group - Error Corrections and Accounting ChangeshardIAS/IFRSThornbury Ltd. - Adjusting Entries When Books Have Been ClosedeasyIAS/IFRSTimberline Lumber - Correcting EntrieseasyIAS/IFRSBrightwater Retail - Perpetual Sales, Returns and Discounts (US GAAP)mediumUS GAAPRiverside Wholesale - Allowance for Doubtful Accounts (US GAAP)mediumUS GAAPPinehurst Logistics - Depreciation, Disposal and Retirement of Plant AssetshardIAS/IFRSCedar Point Diner - Establishing and Replenishing Petty Cash (US GAAP)easyUS GAAPCopperfield Hardware - Perpetual Merchandising Transactions (US GAAP)easyUS GAAPBradford Supply Co. - Aging of Receivables: Adjustment, Write-off and RecoverymediumIAS/IFRSMarleigh Studios - Prepaid Expenses and Unearned Revenue (IFRS)mediumIAS/IFRSNorthwind Tech - Revenue Recognition: Multiple Performance Obligations, Advances and ConsignmenthardIAS/IFRSSummit Retail Group - Cash Dividend: Declaration and Payment (US GAAP)easyUS GAAPCrestline Tools - Direct Write-Off Method (US GAAP)easyUS GAAPWillowmere Clinic - Year-End Adjusting Entries (IFRS)mediumIAS/IFRSHarvest Lane Foods - LCNRV by Item: Write-down and Reversal (IAS 2)mediumIAS/IFRSHalstead Chemicals - Lease with Direct Costs and RestorationhardIAS/IFRSBluewater Ferries — Recording Depreciation for the First YeareasyIAS/IFRSBramley Advisory - Low-Value Lease ExemptioneasyIAS/IFRSKingsley Textiles - Inventory Write-Down to Net Realisable Value (IAS 2)mediumIAS/IFRSThorncliff Estates - Land Revaluation Surplus (IAS 16)mediumIAS/IFRSRockhaven Ltd - Policy Change, Estimate Revision and Error Correction (IAS 8)hardIAS/IFRSNorthwind Logistics - Recognising a Lease at CommencementeasyIAS/IFRSPinnacle Holdings - Issuing Common and Preferred Stock (US GAAP)easyUS GAAPKelmscott Mining - Impairment of Equipment (IAS 36)mediumIAS/IFRSCitrine Coffee Co. - Gift Card Sales, Redemptions and Breakage (IFRS 15)mediumIAS/IFRSGlenmore Stores - Inventory at the Lower of Cost and Net Realizable ValuemediumIAS/IFRSIronwood Supply - Note Payable with Accrued Interest (US GAAP)mediumUS GAAPIronclad Manufacturing - Double-Declining-Balance Depreciation (US GAAP)mediumUS GAAPHarborline Supply - Note Receivable with Accrued Interest (US GAAP)mediumUS GAAPAldergrove Farms - Machinery: Purchase, Depreciation and Disposal (IAS 16)mediumIAS/IFRSVanguard Corp - Treasury Stock: Purchase and Reissue (US GAAP)mediumUS GAAPKeystone Industries - Bonds Issued at Par with Interest (US GAAP)mediumUS GAAPMeridian Appliances - Warranty Provision (IAS 37)mediumIAS/IFRSCalder Manufacturing - Lease Interest, Payment and DepreciationmediumIAS/IFRSSandhill Traders - Perpetual Purchases, Returns and Discounts (US GAAP)mediumUS GAAPRedstone Energy - Bonds Issued at a Discount (US GAAP)mediumUS GAAP