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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
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 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
what is double entry system
 Question Submitted By :: Mohammed
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is double entry system
Answer
# 1
it is a system of book keeping where in both the aspect of 
a transaction are recorded debit as well as credit.
 
Is This Answer Correct ?    6 Yes 0 No
Viki
 
  Re: what is double entry system
Answer
# 2
where both the aspects of accounting are followed then it 
is called double entry sysem
dual aspects r debit & credit
 
Is This Answer Correct ?    0 Yes 0 No
Javeed
 
 
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
WHAT IS F& O SEGMENT?  2
What is Goods Receipt Note? and its current format Price-Waterhouse-Coopers3
4. What is the difference between gross profit and net profit? Genpact11
What is Depreciation and how is it different from amortization Thomson-Reuters1
What is the different between each of the following. a) ordinary shares and preference shares b) called and uncalled capital c) bearer debentures and convertible notes d) floating charge and specific charge  2
WHAT IS DIFFERENCE BETWEEN TDS AND TCS? TCS9
what is current ratio and how it is calculated  1
What is exact difference b/w Accounts and finance IBM4
EXPAND______________ROC  1
What are the general ledgers  6
nav , npv RRDonnelley2
hello I want to know that how export any ledger to excell from tally 5.4  2
Answered but misspelled pl correct HELPS US TO KNOW THE ARTHEMATICAL OF THE BOOKS OF ACCOUNTS (ANS.NCELABALAIRT)  1
EXPAND_________VAT  4
WHAT IS MAT? PL. DON'T GIVE BRIEF NOTE.  3
LET ME KNOW WHAT IS THE PROCESS FOR CUSTOMER INTEREST CALCULATION KINDLY EXPLIAN THE REQ. STEPS  1
What is capital expenditure? Capital-IQ6
In which account does tea and xerox will be taken into consideration  1
What is capital gains? Brigade2
What the trial balance proves us  3
 
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