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Categories >> Accounting >> Accounting General
 
 


 

 
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 Accounting General interview questions  Accounting General Interview Questions (2810)
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Question
Ledger
 Question Submitted By :: Accounting-General
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Answer
# 1
Ledger is a set of accounts. It contains all accounts of the
business enterprise whether real, nominal, personal.
 
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Me
 
Answer
# 2
A ledger[1] is the principal book or computer file for recording and totaling monetary transactions by account, with debits and credits in separate columns and a beginning balance and ending balance for each account. 
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Madhulika
 
 
 

 
 
 
Other Accounting General Interview Questions
 
  Question Asked @ Answers
 
Why do we transfer all indirect exp. in P&L A/c by journal Entries in Tally.   1
what is golden rules of account?   3
What are the contingent liabilities ?   1
1.Closing Inventory consists of 1,100 units. What would be the cost of Closing Inventory under FIFO and LIFO methods? Opening Inventory 1000 units @ $ 10 $ 10,000 Purchase (1) 800 units @ $ 11 $ 8,800 Purchase (2) 500 units @ $ 14 $ 7,000 Purchase (3) 400 units @ $ 12 $ 4,800 Purchase (4) 300 units @ $ 13 $ 3,900 ------------ ----------- Totals 3000 units $ 34,500 ======= ======   1
Is accounts payable and bills payable the same?and B/R & A/R the same ?   2
what is TDS what percentage its calculated   1
What is the Difference Between P & L A/C and Income and Expenditure A/C ?   3
Describe in brief introduction of Account.   2
why profit is a liability and loss is an asset?   5
What is the difference between accounts and finance ?   1
how to prepare balance sheet pls tell me?   2
HOW PASS A TDS DUE ENTRY MTS 2
 
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