"Closed Period" method.
our current company method of accounting is called the "OPEN
PERIOD". It's time we'd like to use the "CLOSED PERIOD".
What is the standard timing and detailed procedure for
closed period most of the company have been used. Please
advise. thanks.


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Accounting General Interview Questions

Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?

0 Answers  


What is Form D2 and which Purpose we use that Form

8 Answers   Citi Bank, Euro Power Tech, Matrix,


if my company Purchases a raw material from other trading company and paid that amount by trading company owner account this case ? how to entry are reported?

0 Answers  


what is entry in the book in march and april for salary which is paid in april for march month?

13 Answers   Infosys, Maya Buildcon,


What are the differences between contrast bookkeeping and accounting

0 Answers  






in sap how can configuring the asset revaluation, please send procedure.

1 Answers   Wipro,


Non-performing Asset (NPA)

3 Answers   Bank Of America,


how to pass journal entry when cash received in the form of gold or other form?

4 Answers  


WHAT ARE THE MOST ELEMENTS OF YOUR JOB?

0 Answers  


Please explain ASAP?

5 Answers  


Definition of accounts payable

3 Answers   Genpact, Infosys, MNC, TATA,


The Actual Rent was 12000,in the month of Feb i had paid 15000 and in the month of march i had paid 3000. Pass the necessary Journal entry for this.

27 Answers   Accenture, Genpact, Sunshine,


Categories