what is gl a/c? & why is it maintain


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More Accounting General Interview Questions

What is ERS(Evaluated Receipt Settlement) in Accounts Payable? How is it related to 2 way matching?

1 Answers   Genpact, Jenpac,


What is fiduciary accounting?

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goods sold to mr x of rs5000/-,out of that we give him discount allowed of rs 500/-,and we take setting charges of rs1000/-.so what will be the entry?

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how did prepare the trail balance & profit & loss A/c and balance sheet

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Why are accounting standards necessary?

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what is portfolio

2 Answers   Reliance,


Explain fictitious assets?

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a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?

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what is Cost of Goods Sold give example?

3 Answers   EDS,


please explain me, if I pay salary advance 3000 to satish then how to record entry, for payment, journal, adjustment if salary is 1500/month please send me correct entry shortly

2 Answers   AAI Airports Authority Of India,


Can share warrants issued by the company be considered as potential equity shares? If yes, then will it be considered for calculating dilutive EPS?

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What is computerized accounting?

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