Nettet4. feb. 2024 · Here are commonly asked basic and advanced accounting interview questions and answers for fresher as well as experienced candidates to get their dream … NettetFuture period means in oracle not yet opened, u can't post any entry in this period, U can have two future periods or one displayed in calendar options, adjustment period means, normally company may have 12 months, or 13 months as per co's requirements, if u have 13 month, Jan to Dec its 12 months, additional one month i.e dec say example 25th to …
Journal entries questions and answers - CArunway
NettetFor example, to increase cash you would debit the cash account, but if you wanted to decrease it, you would credit it. There are all sorts of accounts and they have different normal balances. The thing to remember is that … Nettet10. mar. 2024 · General ledger (GL) reconciliation is a core accounting principle that allows accounting and finance professionals to ensure their records reflect the organization's financial health accurately. If you have an interview planned for an accounting position, the hiring manager may ask you questions about your GL reconciliation knowledge and … software video player
Accounting interview questions - Global CMA
NettetA compound journal entry is just like other accounting entry where there is more than one debit, more than one credit, or more than one of both debits and credits. It is essentially a combination of several simple journal entries. 52) What are the accounting events that are frequently involved in compound entries? The accounting events that are ... Nettet24. mar. 2024 · Their answers can reveal key insights into both hard skills and soft skills that will help you pinpoint the right applicant for the job. Here are 21 accounting interview questions you should consider asking your top candidates to cover their skills, experience and suitability for entry-level positions on up. 1. Nettet1. sep. 2024 · 1. Difference between Provision and Reserves 2. Cash and accrual method of transaction meaning 3. Why Retained earnings account is required 4. Types of … slow release rose fertilizer