Answer Posted / koteswara rao

Single Entry means is any accounting transaction book only with single Enty,
Ex: Cash / Bank A/C Dr xxxx
To Expenditure A/C xxxx

Double Entry Means Any Type of expenditure first create outstanding with proof of a document, then after payment made.
Ex: Expenditure A/C Dr xxxx
To Person / Company A/c xxxx

Person / Company A/C Dr xxxx
To Cash / Bank xxxx

Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com

2231

---

What is Budgeted capital ?

2000

---

I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??

1952

---

What is Summarising

2466

---

How can a company reduce profit

2025

---

Expand----------MTSC

2192

---

I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?

2062

---

Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...

2459

---

what are responsibilities of an accountant in a company?

2280

---

why the closing stock is not considered in drawing trail balance.... Are there any other items like the above

2450

---

i want report country wise with invoice number for gl account

2220

---

Short Answer on _________Financial accounting

1868

---

What's the meaning of Preferential Creditor?

2232

---

Short Answer on ______________Import Trade

1910

---

Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry

2004

---