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Journal Entries Questions

Practice 4 Journal Entries questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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4
Total Questions
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1
Easy
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3
Medium
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Hard
Practice by Exam:Accountancy(3)CUET Accountancy(1)

About Journal Entries — practice questions, PYQs & concepts

Journal Entries is a frequently-tested topic on Accountancy, CUET Accountancy. ExamTest.live currently lists 4 Journal Entries questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Journal Entries weight in competitive exams

Across our Journal Entries question bank, the largest sources are Accountancy (3) and CUET Accountancy (1). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

  • Start easy: 1 easy Journal Entries questions are available — build fluency before moving up.
  • Target weak years: Use the year filter to focus on the most recent 2026 paper or older PYQs you have not attempted.
  • Time yourself: Every question shows the average solve time so you can benchmark your speed against other students.
  • Read every explanation: Even on questions you got right — the explanation often surfaces a faster approach you can reuse.

All Journal Entries Questions(1–4 of 4)

Filter:
Q1mediummcqAccountancyCUET Accountancy 2025 14 May Shift 22026
Match the transactional descriptions in List-I with their appropriate accounting journal entries in List-II:List-IList-II(A) For Transfer of Application Money(I) Share Allotment A/c Dr. To Share Capital A/c(B) For Money Refunded on Rejected Application(II) Share Application A/c Dr. To Share Capital A/c(C) For Amount Due on Allotment(III) Share Application A/c Dr. To Bank A/c(D) For Receipt of Allotment Money(IV) Bank A/c Dr. To Share Allotment A/cChoose the correct option from the choices given below:
Q2mediummcqCUET AccountancyCUET Accountancy 2025 15 May Shift 12026
Match List-I with List-IIList-IList-II(A) Payment of loans due to partners(I) Realisation A/c Dr To Bank A/c(B) For settlement of partners' accounts, in case their capital account shows a debit balance(II) Bank A/c Dr. To loan to partners(C) For settlement of loan by a firm to a partner(III) Bank A/c Dr. To Partner's Capital A/c(D) For settlement of any unrecorded liability(IV) Partner's Loan A/c Dr. To Bank A/cChoose the correct answer from the options given below:
Q3mediummcqAccountancyCUET Accountancy 2025 27 May Shift 22026
Identify the sequence of journal entries with regard to the transfer of share application money and allotment of shares:(A) Share Allotment A/c Dr. To Share Capital A/c(B) Share Application A/c Dr. To Share Capital A/c(C) Bank A/c Dr. To Share Allotment A/c(D) Share Application A/c Dr. To Bank A/cChoose the correct answer from the options given below:
Q4easymcqAccountancyCUET Accountancy 2025 3 June Shift 22026
What will be the journal entries when a call is due and the amount of the same is received?

Frequently Asked Questions

How many Journal Entries questions are on ExamTest.live?▼
We have 4 Journal Entries questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
Are Journal Entries MCQs free?▼
Yes. All Journal Entries questions, answers, and explanations on ExamTest.live are completely free. No account or subscription required.
Which exams include Journal Entries questions?▼
Journal Entries questions are commonly asked in Accountancy, CUET Accountancy. You can filter by exam using the links above.
How do I practice Journal Entries questions effectively?▼
Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.