Answer / mohammed abdul mohsin

Series of steps in recording an accounting event from the
time a transaction occurs to its reflection in the
financial statements; also called bookkeeping cycle. The
order of the steps in the accounting cycle are: recording
in the journal, posting to the ledger, preparing a trial
balance, and preparing the financial statements.

Answer / nasir

A step by step work of recording transactions in the form of journal day by day, posting them to the ledger accounts, preparing a trial balance from all the ledger accounts and finally preparation of the Financial Statements............

Explain the basic principles of an internal audit controlsystem?

0 Answers  

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HOUW MANYTYPES OF STOCK MAINTEIN BY STORE KEEPER WE ARE A MANUFACTURING CO WE SEND SOME PARTS TO PARTY FOR JOB WORKS ( EXP ) TILL 31ST MARCH STOCK ARE NOT RETURN TO US. CAN I CALCULATE THIS PARTS FOR STOCK CALCULATION FOR STOCK CERTIFICATE FOR THE PURPOSE OF ANUAL VAT RETUEN FILE IN SALES TAX DEPARTMENT

2 Answers   Real Estate,

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Every firms has audit firms to audit their accounts but who will audit an auditing firm?

4 Answers   Ernst Young,

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I have received a sum of Rs.500 worth Bill from Vendor, which is relevent to 2004-05. But Outstanding Expenses not book during that Year? What is the Accounting Policies to book this expenses?

1 Answers  

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Where do you see yourself in 5 years time?

2 Answers   Ernst Young,

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I have been recommended for the post of section officer commercial audit in exams held in 2009. I want to know procedure aftr getting recommnded Since I want to do a course in IFRS.

0 Answers   SSC,

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How Will U Verify in Salaries whether TDS is deducted or not?

5 Answers   bscpl, Essar,

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What is fictitious assets?

1 Answers   Axcend, Prime CA,

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What do you find is the most challenging part of your job ?

0 Answers   Ernst Young,

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Why a company or firm should carry out the audit related work.

0 Answers  

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what is the difference between capital and revenue expenditure

7 Answers  

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We are non excise registration Manufacturer want export to dubai & material received from excise registration manufacturer they are mention excise duty on my bill but we are not getting modvat because of non registration then what we will do that they are not liable to me excise duty on bill

1 Answers  

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