Answer / ovenkat4

The accounting cycle is the process of rotating the financial balances of the company. The accounting process is Journals, Book keeping, Ledgers, Subsidiary books, Trail balance, Profit and loss a/c, Balance sheet. This is the process, then the process will start from the journals, automatically this process is runes in the organisation.

what is the due date of 28th feb

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If the financial year is Jan till Dec then would we make any entry for the telephone bill of Dec, whose invoice/bill would generate in Jan of next year. If yes what would be the amount as bill is still not received and what would be the adjusting entereis. Also how to rectify the same in next year?

3 Answers   Infosys,

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I have an interview on accounts payable.In my CV I have written I have done accounts related work including finalization And i worked on Tally So what kind of questions i am expected to receive in interview.

2 Answers  

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Do you know what is icai?

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whcich difference between tally version 4.5, 6.5, 9.0, erp 9

9 Answers   Capital IQ,

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AFTER MY QUALIFICATION WHAT IS THE UNIQUE THING ABOUT ME THAT COMPANIES EXPECT?

1 Answers   Infosys,

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List the type of transactions entered in journal proper.

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What is the difference between Discount & consession?

5 Answers  

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Accounting periode is normaly one year, bot accounting periode is for 5 year is possible or not?plz list the name of organistaion whose accounting periode is 5 year

1 Answers  

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What do you find most satisfying about this job?

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i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make jv entry?

7 Answers  

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If closing stock is given in adjustments, how we show in tally 9.0 ?

0 Answers   Genpact,

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