⟩ Tell me the Stages of Double Entry System?
☛ Recording of transactions in the journal
☛ Posting of journal entry in to the respective ledger accounts and then preparing a trial balance
☛ Preparing final accounts and closing of books of accounts
☛ Recording of transactions in the journal
☛ Posting of journal entry in to the respective ledger accounts and then preparing a trial balance
☛ Preparing final accounts and closing of books of accounts
Tell me what is accrual accounting?
Tell me what is the general classification of accounts that usually ledger account involve?
Explain me do you think Accounting Standards are mandatory and why?
As you know executive accounting?
Explain me is any difference between inactive and dormant accounts?
Tell me what is the Master Account?
Tell me what are the activities that includes in Cash Flow Statement?
Explain under what type of account does the unearned revenues fall?
Tell me what is the equation for Acid-Test Ratio in accounting?
Explain what are the accounting events that are frequently involved in compound entries?