What is accounts receivable?


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More Accounting General Interview Questions

whatis the meaning of Depreciation? and why it will charge?

6 Answers  


Is an "account receivable" and "goodwill" real accounts in accounting?

0 Answers  


What is the journal entry for paying 50000 rs. To xyz co. For professional fees after deducting tds on that.

7 Answers   Genpact,


What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance

0 Answers  


what is the difference between reserves & provisions and accumulated reserves & surplus

2 Answers   Neel, Wipro,






Outstanding expenses and Provision for any expense will come under liability side...? Though it is basic question, it is to ensure the answer.

2 Answers  


1)What is E-1 Sales (Sales in Transit) Full Guidence From Issue to receipient. 2) What is F Form How Are procedure

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Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!

3 Answers  


in reply of sreedapa answer ,suppose for the m/o march telephone expense is Rs.800 and for the m/o april Rs.200 For this we will pass tthis entry : Telephone expenses Dr 800 To Tel expenses payable 800 Telephone Expenses Payable Dr 800 to Bank/cash 800 (For the m/o march) And for the m/o april, we will make the provision in the m/o March Telephone expenses Dr. 200 To Telephone Expenses Payable 200 Plz advice

1 Answers  


Reports in Accounts Payable

0 Answers   Accenture,


how to know i reconcilation statement in tall 9 and in reconcilation chq. details also.

2 Answers  


Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?

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