What is tally accounting?
Have you ever heard about tds, what it is?
What is an over accrual?
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
By saying, perpetual or periodic inventory system; what do we mean?
In which account does the unpresented cheque will get recorded?
List out some of the accrued expenses and the accounts in which you would record them?
Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
What a deferred asset is and give an example?
Differentiate between provision and reserve?
Under the accrual basis of accounting, when revenues are reported in the accounting period?
What does the investment of personal assets by the owner will do?
What is double-entry accounting? Explain with an example?
Define public accounting?
Have you ever made mis reports and what are they?