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Categories  >>  Accounting  >>  Accounting AllOther
 
 


  

 
 Audit interview questions  Audit Interview Questions
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question 
double-entry bookkeeping system
 Question Submitted By :: Wilson
I also faced this Question!!     Rank Answer Posted By  
 
  Re: double-entry bookkeeping system
Answer
# 1		 double entry bookeeping system follows the 'every debit has
a corresponding credit" and hence, total of all debits has
to be equal to the total of all credits. 
Is This Answer Correct ?    13 Yes 4 No
Guest
 
  Re: double-entry bookkeeping system
Answer
# 2		 THE SYSTEM OF MAKING TWO ENTRIES OF EQUAL IN TWO DIFFERENT
ACCOUNTS IN OPPOSITE SIDES IN THE BOOKS OF EACH OF TH
CONTRACTING PARTIES 
Is This Answer Correct ?    2 Yes 3 No
Kartikk.050
[NIL]
 
 
 

 
 
 
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