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Explain financial accounting. What are its characteristic features?


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More Accounting General Interview Questions

If the company acquires equipment prior to incorporation what are the accounting entries?

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6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

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Why we are crediting Gross profit or debiting a Gross loss in the profit and loss account?

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Tell us how can you define departmental accounting?

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real account means

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how to deduct tds on income from other sources with examples

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WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.

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