Answer / kumar

The interviewer can ask about Golden entries of accounts
i.c Personal a/c debit the receiver
credit the giver
Real a/c debit What comes in
credit what goes out
Nominal a/c debit expenses & losses
credit incomes & gains
it is a common question asking in acct, interview,
They can about BRS (Bank Reconsiliation Statement)Prepared
by customer, to find out a exact figure in the pass book or
in the bank statement,
They can ask about closing stock in trial balace. actualy
closing stock will not comes in trial balance. It will
comes only in p&l a/c & Balance sheet

Answer / ankita

the interviewer can also ask for ratio analysis,cash inflows
& outflows,meaning of equity shares,difference between
equity& preference shares.

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