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What is a business transaction in accounting?


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More Accounting General Interview Questions

What a deferred asset is and give an example?

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What is difference between Expense and Expenditure ? Please explain in detail..

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If We Paid 15000/- For Advertising Exp To XYZ Co,What IS The Entry And In which Ledger It Entered? Is It Necessanry To Make 2nd Entry? Plz Discribe All.

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please explain briefly about account receivables and payables

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Do you know overhead in terms of accounting?

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Why don't calculate the depreciation on Land & Devlopment.? Explain.

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1.Closing Inventory consists of 1,100 units. What would be the cost of Closing Inventory under FIFO and LIFO methods? Opening Inventory 1000 units @ $ 10 $ 10,000 Purchase (1) 800 units @ $ 11 $ 8,800 Purchase (2) 500 units @ $ 14 $ 7,000 Purchase (3) 400 units @ $ 12 $ 4,800 Purchase (4) 300 units @ $ 13 $ 3,900 ------------ ----------- Totals 3000 units $ 34,500 ======= ======

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Difference between Debit Note & Debit Memo????????

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Hello Sir, My Name is Shoaib, I am Novice in Accounting Field. I want to learn the simple & step by step, procedure to final my company account. Please Help

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how can we do salary entry. inwhich gross salary, da, hrs, pf esi etc. included. tell me what is the journal entry for this type of question.

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What is cost accountancy? What are the objects of cost accountancy?

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6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?

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