Free Bookkeeping NC III Exam Prep
TESDA Bookkeeping NC III Competency Assessment
Prepare for the Bookkeeping NC III exam without spending hundreds on expensive prep courses. Free study guides, practice questions, flashcards, and related exam resources.
Quick Facts
Bookkeeping TESDA Bookkeeping NC III (Philippines) License: Complete Roadmap
Follow this path to organize your licensing and exam preparation
Journalizing & Ledger PostingYou are here
Master the chart of accounts, debit/credit rules, and double-entry postings for sole proprietorships and partnerships.
Trial Balances & Adjustments
Learn adjusting entries for accruals, deferrals, depreciation, and bad debts to prepare adjusted trial balances.
Financial Statements & Closing
Understand how to prepare the Income Statement, Balance Sheet, and changes in equity, along with closing and reversing entries.
Internal Controls & Bank Rec
Study petty cash operations, cash over/short, segregation of duties, and bank reconciliation statements.
Mock Assessments & Practice
Practice under timed conditions for the 1-hour written test and draft work-related projects (practical exam).
Can You Take the Bookkeeping NC III Exam?
Check if you meet the basic eligibility requirements
- •Filipino citizen
- •Basic communication, math, and computer skills
- •Two (2) passport-sized photos with white background, collar, and name tag
- •PSA Birth Certificate and valid government-issued ID
Bookkeeping NC III Quick Facts
Time to Get Licensed
4-8 weeks typical
From start to license in hand
Retake Policy
Reassessment can be taken after 1 month. Failing twice consecutively requires completing a refresher course before a third attempt.
Total Cost Breakdown
Free Bookkeeping NC III Prep Tools
Reported exam pass rate: Varies. Check the exam sponsor for the latest official figure.
118+ Practice Questions
Practice by topic with detailed answer explanations
AI Tutor Explains Mistakes
Understand why answers are wrong, not just which ones
Updated for 2026
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What You'll Study
11 chapters covering the exam topics in this guide
Introduction & Assessment Overview
3 sections
Chapter 2: Journalize Foundations (HCS412301)
4 sections
Chapter 3: Special Journals & Inventory Systems
2 sections
Chapter 4: Journalizing by Form of Organization
3 sections
Chapter 5: Post Transactions (HCS412302)
4 sections
Chapter 6: Prepare Trial Balance (HCS412303)
3 sections
Chapter 7: Adjusting Entries
4 sections
Chapter 8: Financial Statements Core (HCS412304)
4 sections
Chapter 9: Cash Flows, Closing & Analysis
4 sections
Chapter 10: Internal Control Policies (HCS412305)
3 sections
Chapter 11: Cash Controls & Bank Reconciliation
3 sections
Bookkeeping NC III Exam Details
TESDA Bookkeeping NC III Competency Assessment
Administered by Technical Education and Skills Development Authority (TESDA)
Exam Content Breakdown
Based on the official Technical Education and Skills Development Authority (TESDA) content outline
Journalizing transactions for sole proprietorships and partnerships under periodic and perpetual systems
Posting entries to the general ledger and subsidiary ledgers, and maintaining control accounts
Preparing unadjusted and adjusted trial balances, and recording adjusting entries for accruals/deferrals
Preparing Income Statement, Balance Sheet, changes in equity, closing entries, and reversing entries
Reviewing internal control policies, petty cash controls, and preparing bank reconciliations
What's Included
11 Chapters
Complete exam coverage
Practice Quizzes
With detailed explanations
Free to Start
No credit card required
Quality Exam Prep Shouldn't Cost Hundreds
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Bookkeeping NC III Exam FAQ
Official Technical Education and Skills Development Authority (TESDA) Resources
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