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 Audit interview questions  Audit Interview Questions (427)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1898)
 Accounting General interview questions  Accounting General Interview Questions (2809)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4359)
Question
what are all the things done by an accountant in small 
company. for example-if he is maintaining accounts 
receivable.
 Question Submitted By :: Audit
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
In relation to Accounts Receivable accountant is required to
prepare voucher along with necessary invoice recognizing the
fact that the amount receivable from the debtor & than
passing entry in tally. Maintaining a summary of receivables
in terms of period i.e from how long receivables are
outstanding.Taking follow up actions for recovery/collection
of dues. Ensuring that recovery is made in time.
In case amt is received than preparing voucher for cash
received & passing entry & depositing Cheque in Co's bank
(If received in cash)& handing over the cash if received in
cash.
 
Is This Answer Correct ?    2 Yes 0 No
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