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WHAT IS OPERATING CYCLE?


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More Accounting General Interview Questions

Who is debtor purchaser

0 Answers   ABC,


what is the journal entry for : cheque received from Mr A and sent for collection.

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what is the difference between debit card and credit card?

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what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam

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i have dot regarding journal entry on capital A/c, int cap A/c --- dr cap a/c is it correct , if so y can u give an answer

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Why is Interest A/c debited and Bank a/c credited when interest is charged by the bank?? Here I assume Its an expenses so interest is debited but I don't understand why bank is credited?? Bank is a personal account. Please explain this doubt?

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M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

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what is the meaning of Bills Receivable?

2 Answers   Genpact,


what is an assets?

6 Answers   WNS,


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