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What are the various systems of accounting? Explain them.


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More Accounting General Interview Questions

what is the difference b/w provision for baddebts,reserve for baddebts? pls explain me with example

2 Answers  


fixtures of the the book value rs.2500 sold off at rs. 1600 and new fixtures of the value of rs.4000 were acquired what would be amount of capital loss if cartage on purchase is rs. 5? a.2500 b.900 c.1605 d.4005

1 Answers   Xerox,


what is the difference between an invoice and bill?

2 Answers  


I am confused with Capital Account and Drawings Account. Please show me "the general Journal Entries" and "Owner's Equity in Balance Sheet". (1) The owner increased his investment in the company by $10,000. (2) The owner increased his investment in the company by $10,000.

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What is dividend warrants?

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Is it mandatory for the employees staff of a School, if so give details

0 Answers   TATA,


Pass journal entries Purchased goods from mr x on credit 1000

22 Answers  


A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.

0 Answers  


what is the maximum no. of persons/members in a private limited co.

2 Answers  


what will be entry if fixed deposit mature & bank deduct tds also on it

3 Answers  


what is break even point

5 Answers   Capital IQ,


Suppose a person is paid @ Rs.1 Lac Per Month for 2 months by the Owner/Director prior to the Company's incorporation for Managerial work and that person continues to work with the Company . Is the Director liable to deduct TDS on his Employee's Salary before incorporation also? And when the Company is incorporated after 2 months, Is it possible to show this expenses as Pre-incorporation Expenses?.What would be treatment for Salary Paid and TDS Deducted when the Company is incorporated? How will we give TDS Certificate to the Employee at the end of the Financial Year?

1 Answers   TCS,


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