"Closed Period" method.
our current company method of accounting is called the "OPEN
PERIOD". It's time we'd like to use the "CLOSED PERIOD".
What is the standard timing and detailed procedure for
closed period most of the company have been used. Please
advise. thanks.


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Accounting General Interview Questions

what is capital and revenue expenditure

2 Answers  


What is Capital Commitments means?

0 Answers   JK Associates,


How To Entered The Entry in Tally If The Amount Came of Insurance Claim Recovery

0 Answers  


Tell us how can you define departmental accounting?

0 Answers  


What is budget variance analysis?

1 Answers  






How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.

0 Answers  


What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?

0 Answers  


Tell me do you think accounting standards are mandatory and why?

0 Answers  


Horizontal balance sheet versus Vertical balance sheet

0 Answers   HHA, Trident,


What does overhead mean in regards to accounting?

0 Answers  


what is contingent liabillity ?

6 Answers   Siemens,


The parties to joint venture is called_________ (a) Co-venturers (b) Partners (c) Principal & Agent (d) Friends

1 Answers  


Categories