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What are the differences between accounting and auditing?


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More Accounting General Interview Questions

Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.

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Do you know what is a cpa?

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How is an accounting department structured?

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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,


Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?

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if any otion in tallyerp9 version about doing Luxury tax work

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What is the difference between deferred revenue and accrued revenue?

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Please help me with the accounts head for the below ledgers for e.g. for Salary A\c - Indirect Expenses is the account head in tally. what is the account head for below ledgers. Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary Payable A/c Dr. xxx To Cash / Bank A/c xxx

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suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.

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How does accounting contribute to the community?

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what is DOUBLE TAXATION

2 Answers   MoveiT Infra Services,


What are the advantages of double entry system?

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