1. Categories >> Accounting >> Accounting General
  2. Suggest New Category

List out the stages of double entry system?

Question Posted / sloke kumar


List out the stages of double entry system?..

Answer / Shubhangi Pathak

The stages of double entry system are: (1) Analysis of Transactions, (2) Journalization, (3) Posting to Ledger, and (4) Preparation of Financial Statements.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting General Interview Questions

What we have to post entry for payroll processing ? (Indian payroll)

1 Answers   Tally Solutions,

What do you mean by the term Accounts Payables/ Receivables?

4 Answers  

what is meant by banling reconcillation statement?

1 Answers   Genpact,

SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT

1 Answers  

how can we get a leaverage in intraday market if are not a professional acount holder?

1 Answers  

HI FRNDS THIS IS NARESH I DONE MBA (FINANCE)IN 2011. AND I DID COMPLETE SAP FICO.I WANT TO DO START CAREER WITH SAP FICO PLZ TELL ME PLZ HAVE ANY INTERVIEW AS FRESHER IN HYD OR PLZ SEND THIS MAIL...NAINALA.NARESH@GMAIL.COM

1 Answers   IBM, Kumaran Systems,

how will be the entry of service tax on freight?

2 Answers   Polar,

Difference between Horizontal & Vertical Balance sheet

3 Answers   Chartered Accountant,

could i know how to accounting lease intrest ?

1 Answers  

M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

1 Answers  

Hi to All any body pls. tell me the entry for tds in salary example-- one employee salary 25000 tds will be 1000 how to deduct and what will be the entry for above transactions

9 Answers  

please tell me the 'R2R' interview questions and answers ?

1 Answers   Accenture, Dr Reddys,

For more Accounting General Interview Questions Click Here
Categories