Do you think Auditing job is very boring ?
Answers were Sorted based on User's Feedback
Answer / gayathri
no it is not a job. it is implementation of knoeledge so
its very interesting and as well as energitic work. so its
not boring
| Is This Answer Correct ? | 14 Yes | 3 No |
Answer / ca shreyank
YES BORING IF SAMPLING PROCESS IS NOT ADOPTED.BECAUSE IF YOU
CHECK THOUSAND SAME TRANSACTION & CHECKING 100 TRANSACTION
MAKE NO DIFFERENCE IF YOU ARE SURE ABOUT INTERNAL CONTROL
| Is This Answer Correct ? | 5 Yes | 0 No |
State with reason which account should be debited and which account should be credited in each of the following transactions: 1. Raj commenced business with cash Rs. 5000 2. Bought goods from Kiran for cash Rs. 1000 3. Sold furniture to Ravi on credit Rs. 500 4. Sold goods for cash Rs. 800 5. cash purchases Rs. 600 6. Bought Stamps Rs. 10 7. Withdrew cash from the business for personal use Rs. 1000 8. Paid salary to manager Rs. 500 9. Paid rent to landlord Rs. 200 10. Received commission from Mani Rs. 50 11. Paid for repairing machinery Rs. 30 12. Received cash form Ravi on account Rs. 400 13. Gave loan to Babu Rs. 500 14. Purchased goods from Sachin Rs. 400 15. Opened a bank account with Rs. 1000 16. Charged Mohan Rs. 50 commission for service rendered to him 17. Santosh paid the interest on loan advanced to him 18. Received loan from Manju Rs.10000 19. Office furniture stolen Rs. 500 20. Paid income tax Rs. 5000 21. Paid life insurance premium Rs. 300 22. Allowed discount to Babu Rs. 90 23. Discount received from Santosh Rs. 150 24. Amount charged by bank as bank charges Rs. 30 25. Railway fright paid on machinery purchased Rs. 100
what is debit
in trial balance if there is PROVISIONS given under the heading current liabilities then where will its effect be ??
WHAT ARE THE DOCMENTS TO BE READY FOR THE F/YEAR END AUDIT
1)how will you check the expenses?
What is Esi ,Pf,and Payroll?
audit programme
cost audit system
How can i disable closing stock in trial balnce in tally?
When we use D form?
Can Bonus of pre-operative period be part of pre-operative expenses ?
How do you feel u contributed to its effectiveness?
0 Answers Accounting, Bharti, Ernst Young, Global Brands, RFG, SEMA,