diff --git a/test/functional/wallet_listtransactions.py b/test/functional/wallet_listtransactions.py
--- a/test/functional/wallet_listtransactions.py
+++ b/test/functional/wallet_listtransactions.py
@@ -13,8 +13,6 @@
 class ListTransactionsTest(BitcoinTestFramework):
     def set_test_params(self):
         self.num_nodes = 2
-        self.extra_args = [['-deprecatedrpc=accounts'],
-                           ['-deprecatedrpc=accounts']]
 
     def run_test(self):
         # Leave IBD
@@ -24,19 +22,19 @@
         self.sync_all()
         assert_array_result(self.nodes[0].listtransactions(),
                             {"txid": txid},
-                            {"category": "send", "account": "", "amount": Decimal("-0.1"), "confirmations": 0})
+                            {"category": "send", "amount": Decimal("-0.1"), "confirmations": 0})
         assert_array_result(self.nodes[1].listtransactions(),
                             {"txid": txid},
-                            {"category": "receive", "account": "", "amount": Decimal("0.1"), "confirmations": 0})
+                            {"category": "receive", "amount": Decimal("0.1"), "confirmations": 0})
         # mine a block, confirmations should change:
         self.nodes[0].generate(1)
         self.sync_all()
         assert_array_result(self.nodes[0].listtransactions(),
                             {"txid": txid},
-                            {"category": "send", "account": "", "amount": Decimal("-0.1"), "confirmations": 1})
+                            {"category": "send", "amount": Decimal("-0.1"), "confirmations": 1})
         assert_array_result(self.nodes[1].listtransactions(),
                             {"txid": txid},
-                            {"category": "receive", "account": "", "amount": Decimal("0.1"), "confirmations": 1})
+                            {"category": "receive", "amount": Decimal("0.1"), "confirmations": 1})
 
         # send-to-self:
         txid = self.nodes[0].sendtoaddress(self.nodes[0].getnewaddress(), 0.2)
@@ -50,8 +48,8 @@
         # sendmany from node1: twice to self, twice to node2:
         send_to = {self.nodes[0].getnewaddress(): 0.11,
                    self.nodes[1].getnewaddress(): 0.22,
-                   self.nodes[0].getaccountaddress("from1"): 0.33,
-                   self.nodes[1].getaccountaddress("toself"): 0.44}
+                   self.nodes[0].getnewaddress(): 0.33,
+                   self.nodes[1].getnewaddress(): 0.44}
         txid = self.nodes[1].sendmany("", send_to)
         self.sync_all()
         assert_array_result(self.nodes[1].listtransactions(),
@@ -71,13 +69,13 @@
                             {"txid": txid})
         assert_array_result(self.nodes[0].listtransactions(),
                             {"category": "receive", "amount": Decimal("0.33")},
-                            {"txid": txid, "account": "from1"})
+                            {"txid": txid})
         assert_array_result(self.nodes[1].listtransactions(),
                             {"category": "send", "amount": Decimal("-0.44")},
-                            {"txid": txid, "account": ""})
+                            {"txid": txid})
         assert_array_result(self.nodes[1].listtransactions(),
                             {"category": "receive", "amount": Decimal("0.44")},
-                            {"txid": txid, "account": "toself"})
+                            {"txid": txid})
 
         pubkey = self.nodes[1].getaddressinfo(
             self.nodes[1].getnewaddress())['pubkey']
@@ -87,12 +85,12 @@
         txid = self.nodes[1].sendtoaddress(multisig["address"], 0.1)
         self.nodes[1].generate(1)
         self.sync_all()
-        assert len(self.nodes[0].listtransactions(
-            "watchonly", 100, 0, False)) == 0
+        assert not [tx for tx in self.nodes[0].listtransactions(
+            dummy="*", count=100, skip=0, include_watchonly=False) if "label" in tx and tx["label"] == "watchonly"]
+        txs = [tx for tx in self.nodes[0].listtransactions(
+            dummy="*", count=100, skip=0, include_watchonly=True) if "label" in tx and tx['label'] == 'watchonly']
         assert_array_result(
-            self.nodes[0].listtransactions("watchonly", 100, 0, True),
-            {"category": "receive", "amount": Decimal("0.1")},
-            {"txid": txid, "account": "watchonly"})
+            txs, {"category": "receive", "amount": Decimal("0.1")}, {"txid": txid})
 
 
 if __name__ == '__main__':