Interview Questions Answers in Accounting General, Accounting AllOther

siri

{ City } bangalore
< Country > india
* Profession * employee
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Questions / { siri }

Questions Answers Category Views Company eMail

What is an 'Accrued Expenses

Cap Gemini,

2 Accounting General 3685

what is the meaning of preliminary expenses

Cap Gemini,

1 Accounting General 3535

What is the difference between Accruals and Provisions?

Cap Gemini,

Accounting General 1630

What is the difference between Finance and Accounts?

Cap Gemini,

1 Accounting General 2886

What is the difference between General Ledger and Ledger?

Cap Gemini,

Accounting General 1445

Prepaid insurance entry

Cap Gemini,

1 Accounting General 2665

Answers / { siri }

Question { Accenture, 296258 }

what is the journal entry for credit sale and credit
purchase?

Answer

Credit sale.

Party(sundrey debtors)a/c Dr
To Sales

Credit purchASE.

Purchases a/c Dr
To Party(sundry creditor)

Is This Answer Correct ?

1 Yes

0 No

Question { Cap Gemini, 3535 }

what is the meaning of preliminary expenses

Answer

Preliminary expenses are those expenses which are incurred in business before incorporation and commencement of business, like statuary fees ,company logo, survey report, project report etc are called preliminary expenses.

Is This Answer Correct ?

0 Yes

0 No