double-entry bookkeeping system

Question Posted / wilson

2 Answers
5127 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

double-entry bookkeeping system..

Answer / guest

double entry bookeeping system follows the 'every debit has
a corresponding credit" and hence, total of all debits has
to be equal to the total of all credits.

Is This Answer Correct ?

13 Yes

4 No

double-entry bookkeeping system..

Answer / kartikk.050

THE SYSTEM OF MAKING TWO ENTRIES OF EQUAL IN TWO DIFFERENT
ACCOUNTS IN OPPOSITE SIDES IN THE BOOKS OF EACH OF TH
CONTRACTING PARTIES

Is This Answer Correct ?

2 Yes

3 No

Post New Answer

More Accounting AllOther Interview Questions

Bank reconcliation statement.

11 Answers Franklin Templeton, FT, HSBC,

what is meant by qurum

0 Answers Capital IQ,

What is meant by defferred revenue expenditure

13 Answers Capital IQ, FactSet Systems, L&T, TCS, Xansa,

Can I freeze my account?

0 Answers Mellon,

which banks are CBS branches?

1 Answers

Purchase book is a ----------journal

0 Answers

what do you mean by dual aspect of accounting?

4 Answers

what is the difference between depreciation and amortnisation

3 Answers Brigade, Genpact,

What is the differnce between funds flow & Cash flow?

7 Answers Genpact,

Short Answer on ___________Finance Bill

0 Answers

What are the Goddwill calculation Methods?

4 Answers Capital IQ,

current ratio? asked on 30/7/09

9 Answers FactSet Systems,

For more Accounting AllOther Interview Questions Click Here