Tag: bookkeeping quiz

05Feb 2009 by Nancy Smyth

Bookkeeping Quiz – Paycheck dates

Test your bookkeeping expertise with our "Bookkeeping Quiz" questions. Q. If Sunday is the 1st day of the month, but you hand out paychecks on Monday the 2nd, can you date the paychecks for the 1st? A. No, paychecks should be dated on a "business" day. How did you do?

05Feb 2009 by Nancy Smyth

Bookkeeping Quiz – Employer provided loans

Be A Better Bookkeeper

Test your bookkeeping expertise with our "Bookkeeping Quiz" questions. Q. An employer-provided loan that is interest free or at below-market rates is nontaxable to employees IF the daily aggregate loan balance does not exceed $____ and there is a bona fide agreement to repay the amount. A. $10,000.00 How did you do?