How many Accounting standards are there in India ?
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What is Fixed Assets? How many depreciation types are there? How to apply depreciation on assets in a year?
How to explain salary outstanding as per traditional approach?
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
Baddebts can charged to opening balance having credit balance?
8- What do you understand by accounts receivable and accounts payable and its schedule?
Definition of accounts payable
3 Answers Genpact, Infosys, MNC, TATA,
Can Minority Interest be negative or equal to zero?
WHAT ELEMENTS OF YOUR JOB JNTEREST YOU THE MOST AND LEAST?
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/-
What is the entry pass if we are given to advance for employee?
Tell us did you use accounting applications at your previous companies or prefer working manually?
Mention in simple terms what is the difference between asset, equity, and liabilities?