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General Ledger Interview Questions


General Ledger Interview Questions

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 General Ledger Interview Questions
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Latest Answer: Cash Flow statement is a generate income, not the invoices. there are two types of cashflow 1. Inflow 2. Outflow1 Inflow: eg. if you received cash from your credit customers, you will decrease your debtors and it's become inflow to your cashflow ...

Latest Answer: "Prepaid Customer' Reconcillation Details. or Advance billing Customer List. ...
Read Answers (1) | Asked by : iRIS

Latest Answer: Captial A/c , Drawings a/c , Fixed assets purchasing and so on. According to the double entry system each transaction have two side debit and credit. there are some transaction satisfied with balance sheet items. For ex, advance given to manager for travelling. ...
Read Answers (1) | Asked by : Johnny

What is the effect of not reconciling the expense accounts?If there is a credit adjustment in the expense account with no supporting documentations, what is the financial statement impact?
Read Answers (2) | Asked by : Patrice

What is your Future Plans for the Company if Permanently Employed?What three Specific Job Positions do you target from the COMPANY?
View Question | Asked by : Joyce

View Question | Asked by : vijay

Latest Answer: t/code ob53, give COA and then type X or Y in pl account head and then give the account number in the acoount head.... this u can create prior to the creation of the account group reserve and surplus as well as after creating the account group ..... ...
Read Answers (1) | Asked by : Madhavi

Latest Answer: Fiscal Year means the financial year .In india it is April to march. In singapore it is July to june. In hongkong it is Jan to dec. Normal year is nothing but english calendar year jan to dec. If the company operating more than countries and it faces ...

What is the difference between direct expenses and indirect expensesWhat is the difference in direct income and indirect income. Explain with example.
Read Answers (3) | Asked by : pankaj

Latest Answer: GL Reconciliations are list of items that make up a GL account. For example, list of current unreversed accruals in a Sundry Creditors Balance sheet account. The items in Reconciliation should be identified and regularly monitored on a monthly basis to ...
Read Answers (1) | Asked by : santhosh

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