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What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
Tell me which accounting application you prefer most and why?
As you know executive accounting?
How is the accounting for hire purchase transactions done?
What is double-entry accounting? Explain with an example?
Which kind of transactions are not recorded in the books of account?
Tell me what is reversing journal entries?
Tell me as a higher position in the accounting department, you will be responsible for overseeing other employees' accounts. What experience do you have in leadership and management that will prepare you for this responsibility?
When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?
how to account branches in tally
Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
What is the difference between Accruals and Provisions?
How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.
Capital reserve is - a) real account b) nominal account c) personal account d) none of them
