Interview Questions Answers in Audit

kashi vishweshwar sayam

{ City } hyderabad
< Country > india
* Profession * process associate
User No # 25136

Total Questions Posted # 0
Total Answers Posted # 3

Total Answers Posted for My Questions # 0
Total Views for My Questions # 0

Users Marked my Answers as Correct # 57
Users Marked my Answers as Wrong # 29

Questions / { kashi vishweshwar sayam }

Questions Answers Category Views Company eMail

Answers / { kashi vishweshwar sayam }

Question { 15946 }

difference b/w debit and credit

Answer

Debit what comes in and credit what goes out

Is This Answer Correct ?

34 Yes

2 No

Question { 19036 }

Why we are prepareing Bank Reconciliation Statements ?

Answer

We prepare bank reconcilation statements to know the
balance between pass book and cash book. We will prepare
Bank Reconcilation Statement to make pass book and cash
book balance equal.

Is This Answer Correct ?

18 Yes

7 No

Question { 8767 }

If there is a partnership firm, can we give more than Rs.
20,000/-cash in a single day to partner?

Answer

Yes, we can give more than Rs.20,000, if the business is
not have any loss eventhough we pay Rs.20,000

Is This Answer Correct ?

5 Yes

20 No