What steps would you take before approving an invoice for payment?


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More Accounting General Interview Questions

LOSS IS AN ASSET OR LIABILITY ?

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How use Budget in SAP, i want to see the report of variant between budget and actuals.

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HI FRIENDS CAN ANY BODY PASS THIS JOURNAL ENTRY: LOSS OF STOCK PLS PASS THIS JOURNAL ENTRY FRIENDS?

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what is defference between direct and indirect ezpences

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What is the ment of Classifying?

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Over or under provision of what is taken to profit and loss account as profit or loss at the time of termination or sale of Assets?

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What is Sweep Account?

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Hi all, can anybody help me with the mutual fund (AMC)accounting. I would like to know the accounting entries for subscriptions (premium/discount), redemptions (premium/discount), fund expenses, buying/selling securities by the fund and other fund management related accounting entries.

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why should we treat closing stock credit side in trading account , and why the reason the closing stock should not appear in the trial balance ?

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Dear Sir, We are running a security agencies (Man power Service Provider)we bought security uniform from our vendor. please suggest us, we may make entry through Purchase Entry or Journal Entry what is suitable for accounting ???

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What is "deposit in transit"?

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What do you mean by gaap in accounting?

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