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What are the disadvantages of double entry system?


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More Accounting General Interview Questions

Pls tell me the basic rules of accounts for interview in finanace or accounts section

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We have an boat manufacturing company .we customer order one boat the cost is 1130 .we have received advance 500 balance he will give after giving boat can you give me journal entry cash A/c Dr 500 customer A/c Dr 630 To Sales 1130 is this entry is correct ?if not please give me exact entry

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which form is used for central sales tax outside purchase and sales and vat

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how calculate advance tax?

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what is depreciation and methods mostly used

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