⟩ Tell us how much mathematics knowledge is necessary or required in accounting?
Not much knowledge but basic mathematical background is required in accounting for operations like addition, subtraction, multiplication and division.
Not much knowledge but basic mathematical background is required in accounting for operations like addition, subtraction, multiplication and division.
Explain me what is the general classification of accounts that usually ledger account involve?
Can you list out some of the accrued expenses and the accounts in which you would record them?
What is the difference between accumulated depreciation and depreciation expense?
What happens to company’s “Cash Account” if it borrows money from the bank by signing a note payable?
What is liabilities and what all does include in current liabilities?
What are the three factors that can affect your cash flow and business profitability?
What is the difference between depreciation and amortization?
List out some of the examples for liability accounts?
Tell me what is dual aspect term in accounting?
What are the activities that includes in Cash Flow Statement?