| Other Accounting AllOther Interview Questions |
|| Asked @
|While preparing BRS, if we find difference in cash book
with bank statement,we rectify the entries after that where
it is posted which is rectifyed? it is posted in cash book
or other separate book?
|current ratio? asked on 30/7/09
|why we use the term profit and loss account instead of
profit or loss account
|how many accouting standrs?
|Tell me if the company wants to enhance thier business and
incured the cost on other building (like Buliding Material,
Iron and Others) so we will put it in to the expenses or i
have to put it into the Fixed asset land and buildin by
passing this entry
Land and Building (Dr)
|list out the accounting concepts and explain the accural
|What are the reason for negative operating cycle?
|fill in the Blanks
Recognising Revenues when cash is received is
__________basis of accounting
|expand I R
|"while Financial accounting is external, cost accouting is
internal to the business" Explain?
|• What is LIFO & FIFO?
|What is journal entry
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