BBK99E1 BASIC BOOKKEEPING LEVEL 1
ACTUAL EXAM PAPER 2026 QUESTIONS WITH
ANSWERS GRADED A+
◉ Practical Exam. Answer: Part 1 of the Final Exam, where entries in
Journals, Ledgers, and Trial Balance are made.
◉ Online Exam. Answer: Part 2 of the Final Exam, a computer-based
test with 50 multiple choice and/or True or False questions.
◉ Journals. Answer: Books of original entry where financial
transactions are first recorded.
◉ Ledgers. Answer: Books that contain summarized and classified data
from the Journals.
◉ Trial Balance. Answer: A statement of all the closing balances of
ledger accounts to ensure the debits and credits are equal.
◉ Accounts Receivable Ledger. Answer: A subsidiary ledger that
records all sales made on credit.
ACTUAL EXAM PAPER 2026 QUESTIONS WITH
ANSWERS GRADED A+
◉ Practical Exam. Answer: Part 1 of the Final Exam, where entries in
Journals, Ledgers, and Trial Balance are made.
◉ Online Exam. Answer: Part 2 of the Final Exam, a computer-based
test with 50 multiple choice and/or True or False questions.
◉ Journals. Answer: Books of original entry where financial
transactions are first recorded.
◉ Ledgers. Answer: Books that contain summarized and classified data
from the Journals.
◉ Trial Balance. Answer: A statement of all the closing balances of
ledger accounts to ensure the debits and credits are equal.
◉ Accounts Receivable Ledger. Answer: A subsidiary ledger that
records all sales made on credit.