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How many Accounting standards are there in India ?

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More Accounting General Interview Questions

What is Fixed Assets? How many depreciation types are there? How to apply depreciation on assets in a year?

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How to explain salary outstanding as per traditional approach?

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You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically

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Baddebts can charged to opening balance having credit balance?

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8- What do you understand by accounts receivable and accounts payable and its schedule?

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WHAT ELEMENTS OF YOUR JOB JNTEREST YOU THE MOST AND LEAST?

0 Answers  


Categorize the following journal entry in Real A/c, Nominal A/c and Personal A/c: Goods worth Rs.10,000/- destroyed by fire and the insurance company admitted the claim for Rs.8,000/- Insurance Claim A/c Dr. 8,000/- Loss By Fire A/c Dr. 2,000/- To Trading A/c 10,000/-

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What is the entry pass if we are given to advance for employee?

5 Answers  


Tell us did you use accounting applications at your previous companies or prefer working manually?

0 Answers  


Mention in simple terms what is the difference between asset, equity, and liabilities?

0 Answers  


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