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Define offset accounting?


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More Accounting General Interview Questions

Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 5) If cheque is received from the tenant, journal entry=? 6) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.

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Expenditure incurred for the innovation of Guest house building is revenue nature or capital nature ??

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what is entry for salary paid in advance ?

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why only 6 months interest is charged on drawings

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can u tell me what is the process of calculating closing stock?

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amount drawn from propritors s b a/c Rs : 10000/-, intridused in propritors current A/c same amount, and same Rs :10000/- withdrawn by the propritors. please pass the entries for this transaction in double entry system.

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what is the difference between depreciation in account books and depreciation as per income tax act

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Which type of stock show in trail balance. Op. Stock or Cl. Stock & Why?

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Tell me what is working capital?

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