Nissho Bookkeeping Grade 3 study guide
Nissho Bookkeeping Grade 3 · Work through your exam, one topic at a time.
The Nissho Bookkeeping Grade 3 (日商簿記3級) is an introductory bookkeeping certification administered by the Japan Chamber of Commerce and Industry (日本商工会議所). It is designed for people entering bookkeeping for the first time: students, office staff handling accounting tasks, sole proprietors who want to keep their own books, and anyone building a foundation before advancing to Grade 2. The Nissho Bookkeeping Grade 3 study guide has 10 sections and about 2,992 words.
01Accounting Fundamentals and the Bookkeeping Cycle
Nissho Bookkeeping Grade 3 asks you to move a sole proprietorship through the full cycle: identify accounts, write 仕訳, post to 総勘定元帳, prove a 試算表, make 決算整理, and close the books. The exam rewards clean debit-credit logic, not memorized forms.
336 words, about 2 min02Cash, Cash Equivalents, Bank Reconciliation, and Petty Cash
This domain covers what counts as cash, how to reconcile the 当座預金 book balance to the bank statement, and how the imprest petty cash system works. Grade 3 questions often give a book balance, a bank balance, and a list of reconciling items, then ask for the adjusted balance and the required book entries.
355 words, about 2 min03Merchandising Transactions and Inventory Valuation
Merchandising questions test the three-split method (三分法), purchase and sales returns, trade discounts, transportation costs, and the inventory count. You must compute 売上原価 and make the closing entries that move beginning and ending inventory through 繰越商品 and 仕入.
306 words, about 2 min04Receivables, Payables, Notes, and Allowance for Doubtful Accounts
This domain covers 売掛金, 買掛金, 受取手形, 支払手形, and the allowance for doubtful accounts. Grade 3 tests the difference between merchandise and non-merchandise credit, the 差額補充法 adjustment, and write-offs.
296 words, about 1 min05Fixed Assets and Depreciation
Fixed-asset questions test acquisition cost, capitalization versus repair expense, depreciation, and disposal. Grade 3 focuses on 定額法 (straight-line), residual value, and partial-year depreciation using 月割.
294 words, about 1 min06Securities and Other Assets and Liabilities
This domain covers 売買目的有価証券 and the classification of other assets and liabilities: 前払費用, 未収収益, 前受収益, 未払費用, 未収入金, 未払金, 仮払金, 仮受金, 立替金, and 預り金. Grade 3 tests fair-value adjustment for trading securities and correct balance-sheet placement for temporary and accrued items.
279 words, about 1 min07Capital, Withdrawals, and Sole Proprietorship Equity
Sole-proprietorship equity questions test 資本金, 引出金, and the closing of net income or loss. Grade 3 expects you to keep owner withdrawals out of the income statement and to close them directly against capital.
278 words, about 1 min08Adjusting Entries and Accrual Accounting
Adjusting entries test accrual accounting: prepaid and accrued items, depreciation, allowance for doubtful accounts, inventory, and consumption tax. Grade 3 gives a fiscal year-end and a list of 決算整理事項; you must compute the correct period's amount and record the asset or liability.
303 words, about 2 min09Financial Statements Preparation
Financial-statement questions test the 損益計算書, 貸借対照表, 試算表, and 精算表. You must classify accounts, compute profit in the correct order, and show ending capital after net income and drawings.
272 words, about 1 min10Consumption Tax Accounting and Other Statutory Entries
Consumption-tax questions test the 税抜方式: separating 仮払消費税 and 仮受消費税, then settling them at year-end. Grade 3 also touches statutory withholdings such as 源泉所得税 and 社会保険料 through 預り金.
273 words, about 1 min