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More Accounting General Interview Questions

Do you know what is double-entry accounting? Explain with an example?

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why sales amount comes in Credit Side in Trial Balance ?. Please give me Explanation Why Purchase amount comes in Debit side in Trial Balance ?. Please give me explanation.

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Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?

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WHAT IS DEPRICIATION?

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Why did you select accounting as your profession?

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What mean the word LLP? Please share the definition...?

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What is "deposit in transit"?

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