post pscwb question and answer for accounting paper I & II
for govt.officers departmental examination.
- 1 Answers
- 2736 Views
- I also Faced
- E-Mail Answers
Answer Posted / Vishal Jaiswal
For Accounting Paper I:
1. What is the fundamental accounting concept of accrual?
- Accrual accounting is a method that records revenue and expenses when they are earned or incurred, regardless of when cash is received or paid.
2. What is the difference between debit and credit entries in double-entry bookkeeping?
- Debit entries increase assets or decrease liabilities and equity, while credit entries increase liabilities or decrease assets and equity.
For Accounting Paper II:
1. What is the journal entry for a cash sale of merchandise at a discount?
- Debit Cash, Credit Sales, and debit Discount.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
What was the most chlleging task you face while working in SAP FI/MM and how did you solve?
I need all WNS interview questions
im preparing for the sbi clerical post please send me the solved questions.
can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com
1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?
i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............
I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com
can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.
what is tds rate of WCT applay for sale tax ragistard company.
Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com
Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance
