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How is an accounting department structured?


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More Accounting General Interview Questions

At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?

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Tell me how can you explain the basic accounting equation?

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How to charged TDS on salary and How many charged percentage?

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what is the manual procedure for accounting

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main features of different sources of short-term finance ?

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I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

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

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Which of the following errors are not revealed by the Trial Balance: (a) compensating errors; (b) errors of commission; (c) wrong balancing of an account; (d) wrong totalling of an account

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