Interested to Buy Any Domain ? << Click Here >> for more details...
Which accounting systems are you familiar with?
- 4 Answers
- 14788 Views
- Accenture, Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ravi shankar
Just they are asking about the accounting systems we know
,and actually in India we use double entry system and in the
USA and other western countries they use single entry system...
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / rajaram kolle
You can simple say Mercantile system, which is nothing but
double entry system. Few country use Single entry system,
many countries use Mercantile system, as it is the modern
accounting system. Single entry system is very old.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / devindra bhattacharya
Accounting approach of AICPA(American Institute Of
Certified Public Accountant) is A+E=L+C+R which proves that
in USA double entry system is followed.Single entry have
been proven unscientific and,therefore,seldom followed in
USA.Rectify me if i am wrong with a valid statement,if
neccesary logical deduction can be given supporting the
statement
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ramaswamy
i am familier with the preparatoin of purchase, sales
ledger. i am able to prepare bank reconciliation statement.
and iam able to finalise accounts as per accounting
standards issued by the icai. and i can also prepare cash
book and all other ledger accounts. in journalising the
business transactions also i have well prepared.
| Is This Answer Correct ? | 4 Yes | 6 No |
what is cost audit?
expand R O C
what is the meaning of service tax?
what is the entry for accumulated depreciation?n why it is used?when it is necessary?
Capital is asset of the company. But why does it appear in Liability side of the balance sheet.
i received cheque from the customer and deposited in bank please tell me the both entries in tally
2 Answers Shivani Agriculture,
For More Questions In E&Y,Earnest and Young, Banglore Mail TO "tvsethu@gmail.com". i can Guid u.
I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code
What is the Mercantile accounting System?
EXPAND_________WDV
what is shadow balance?
1 Answers BOB Technologies, Reliance,
what will be shown under bank reconciliation statement?
Audit 
