Answer Posted / yogesh

advance payment paid to party
creditors a/c 22
to bank / cash


advance received from party
Bank / cash 22
to sundry debtors

Hi friends can you send me the Accounting Interview questions with a interview experienced questions please

2235

---

WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?

2529

---

WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?

2087

---

What is cash clearing account

2007

---

Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1937

---

What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.

2312

---

Expand ----------GIDB

2196

---

what is Accounting Standers?

2243

---

Expand ________FOR

2229

---

what is the meaning of call in arear

2704

---

what is cost accountinp

2387

---

WHAT IS PROSPECTUS?

2187

---

what is the difference between speculation & investment?

2272

---

Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2691

---

As a fresher in oracle finance can a get a job in oracle finance n what type of questions can they ask me as a fresher...oracle finance...

2122

---