ACCT 3110 Entrance Exam FAQ

How do I register for the exam?
To register for the ACCT 3110 Entrance Exam, you need to go to the Department of Accounting website In order to register you will need your UNT student ID# and your EUID (ex. abc1234). Scroll down the page to the ACCT 3110 Entrance Exam tab on the left-hand side of the page. Click on Exam Location, Dates and Registration. Enter your personal information and if you have already enrolled in ACCT 3110, enter your semester and section. Then select the date and time you wish to take the exam from the drop down menu.

How do I change my registration date and/or time?
If you need to change the date and/or time you have registered to take the exam, please email or call the Department of Accounting at 940-565-3080.

Where do I go to take the exam?
The exam is given in the Sage Hall Testing Center, Room C330.

When do I need to take the ACCT 3110 Entrance Exam?
You should register to take the Entrance exam during the semester you are taking ACCT 2020. If you are a transfer student and have already taken and passed, with a C or better, ACCT 2010 and ACCT 2020 (ACCT 2301 and ACCT 2302 at most Texas Community Colleges) then you can register for the exam your first semester at UNT. Space and dates are limited.

If you plan to take ACCT 2010 and ACCT 2020 (or just ACCT 2020) during the Summer, then you can register to take the Entrance exam during the Summer to allow you to take ACCT 3110 in the Fall.

PLEASE NOTE: Entrance exam scores are only good for four (4) months. So, if you take the exam in the Summer and pass but do not enroll in ACCT 3110 in the Fall, you will be required to take and pass the Entrance exam again before taking ACCT 3110 in the Spring.

ADDITIONAL NOTE: If you take the Entrance exam while you are taking ACCT 2020 and pass, allowing you to take ACCT 3110, but fail to complete ACCT 2020 with a C or better, you will NOT BE ALLOWED TO TAKE ACCT 3110 – even though you passed the exam.

What if I do not pass the Entrance exam, can I take it again?
Students may take the Entrance exam two (2) times per semester (Fall, Spring, and Summer).

When will I know if I passed the exam?
Grades will be posted through Blackboard and should be available within two weeks of the exam date. Students will receive either a P (PASS) or an F (FAIL) for the exam.

If I do not pass ACCT 3110 and need to retake the course, do I have to re-take the Entrance exam?
Yes. All students must receive a PASS grade within four months preceding their first day in ACCT 3110.

How long do I have to take the exam and how many questions will there be?
Students will have two (2) hours to take the Entrance exam. There will be 50 – 60 multiple choice questions.

What do I need to bring to the exam?
Students will need to bring their UNT Student ID and a pen or pencil (scratch paper will be provided).
NO CALCULATORS WILL BE ALLOWED!! All other items will be kept in a public area in a cubby.

If you are easily distracted, you might want to bring ear plugs (not music ear buds) to dampen any potential ambient sounds.

Once you begin the exam, you cannot leave the testing room, so please plan accordingly.

How can I prepare for the exam?
Students should study their ACCT 2010 - Financial Accounting textbook. Students can also take the sample test for an idea of the type of questions on the exam. Additional resources include: or

What if I fail to attend the exam I register for?
Your failure to attend the registered exam will count for one attempt, unless you have notified the department (via email or call) in advance for anticipating absence due to a legitimate reason.

Topics Covered on Acct 3110 Entrance Exam . Please note that percentages in parentheses represent an approximate estimation of points allocated to that topic.

  1. Overview Material (10%)
    1. Purpose of accounting and GAAP.
    2. Basic accounting terms and accounting equation.
  2. Accounting Cycle (45%)
    1. External transaction journal entries.
    2. Posting to ledgers (t-accounts).
    3. Trial balances.
    4. Adjusting journal entries (prepaid expenses, unearned revenues, accrued expenses, and accrued revenues).
    5. Four basic financial statements (Income Statement, Balance Sheet, Statement of Cash Flows, and the Statement of Stockholders’ Equity).
    6. Closing entries.
  3. Cash and Receivables (10%)
    1. Accounts receivable and the allowance for doubtful accounts.
    2. Notes receivable and interest revenue.
    3. Bank reconciliation.
  4. Inventory (10%)
    1. Valuation methods (FIFO, LIFO, and Average cost).
    2. Purchase and sale of inventory.
  5. Long-Term Assets (10%)
    1. Acquisition and sale of long-term assets.
    2. Depreciation and amortization.
  6. Liabilities (5%)
    1. Notes payable and interest expense.
  7. Stockholders’ Equity (10%)
    1. Invested capital (Common stock).
    2. Retained earnings and dividends.

*Chapter No. provided is based upon Harrison, Horngren, & Thomas, Accounting 11e.