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What are the advantages of double entry system?


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More Accounting General Interview Questions

if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.

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A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?

0 Answers   SEIL,


Can you name different branches of accounting?

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Our company deposited an amount of 20000 as FD . After the maturity period we are not received any interest and the bank deducted 2938 amount as TDS from our interest and added the interest to the principle amount and renewed the FD. then what is the journal entry for the same.

2 Answers   Spice Telecom,


What is the basic accounting equation?

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1. What do u mean by custom duty? 2. How can u prepare Salary Statement in Company? 3. how much amount will pay to a cotractor through T.D.S ?

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How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??

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can we issue bonus shares at premium? how?

2 Answers  


I m working in NGO. we have taken loan from a person or other project in march and returned in may. So what are the entries in tally should be. what are the ledgers to be created and under which group? what are the journal entries?

1 Answers  


Other accounting interview questions to expect when you interview for an accountancy job include:

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Cash Processing

0 Answers   Chartered Accountant,


Hi all, I am having a interview tommorow at MG Road HR personal interview for IBM daksh. Can any one tell me most likely asking question with the answers. Thanks in advace.

2 Answers   IBM,


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