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What is the difference between General Ledger and Ledger?


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More Accounting General Interview Questions

Define overhead in terms of accounting?

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please explain me, if I pay salary advance 3000 to satish then how to record entry, for payment, journal, adjustment if salary is 1500/month please send me correct entry shortly

2 Answers   AAI Airports Authority Of India,


what is bills payable and bills receivable?

3 Answers  


What is purchase returns accounting

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Value added tax is an expense to be suffered by?

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why we are considering the net profit as liable in balance sheet

5 Answers  


What are the characteristic features of financial accounting?

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Pl's confirm me this entry how to pass in Tally 9.0 & Tally ERP.9 that if I purchase 20 mobile,30 phone,20 LCD,15 laptop from mangesh @ Rs.7000,Rs.200,Rs.17000 and Rs.14000 respectively on each. But I purchase by cash and 15 days later I sold half of the thing to priya margin of Rs.100 on each by cheque and rest i sold to minal on cash margin of Rs.200 on each. But I received cash 1 month later. so calculate how much profit I got by selling the products.

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How Many Methods of Depriciation & Which are those ??

6 Answers   Focus,


What is the Difference Between (A/c Payable / Receivable ) AND ( Bills payable / Receivable )................?

3 Answers   GTS,


Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?

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what is the main difference between Outstanding & Accrued Expenses?

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