State Contest Director
Sample Test & Key
Integrating Accounting into Classroom Instruction
Elements of the Contest
The Accounting Contest is an hour-long contest consisting of 80 – 100 questions that focus on the elementary principles and practices of accounting for sole proprietorships, partnerships and corporations, and may include bookkeeping terminology, the worksheet with adjustments, income statement, balance sheet, trial balance, account classification, journalizing, posting, bank reconciliation, payroll and other items related to the basic accounting cycle.