Explain me what is the general classification of accounts that usually ledger account involve?
Submitted by: MuhammadThe general classification of accounts that usually ledger account involves are
☛ Assets- Cash, Accounts Receivable
☛ Liabilities- Accounts Payable, Loans Payable
☛ Stockholders' equity- Common Stock
☛ Operating revenues- Revenues through Sales
☛ Operating expenses- Rent Expense, Salaries Expense
☛ Non-operating revenues and gains- Investment Income, gain on Disposal of Equipment
☛ Non-operating revenues and losses- Interest Expense, Loss on Disposal of Equipment
Submitted by: Muhammad
☛ Assets- Cash, Accounts Receivable
☛ Liabilities- Accounts Payable, Loans Payable
☛ Stockholders' equity- Common Stock
☛ Operating revenues- Revenues through Sales
☛ Operating expenses- Rent Expense, Salaries Expense
☛ Non-operating revenues and gains- Investment Income, gain on Disposal of Equipment
☛ Non-operating revenues and losses- Interest Expense, Loss on Disposal of Equipment
Submitted by: Muhammad
Read Online Accounting Manager Job Interview Questions And Answers
Top Accounting Manager Questions
| ☺ | Tell us have you ever prepared MIS reports and what are these? |
| ☺ | Tell us how much statistics knowledge is necessary or required in accounting? |
| ☺ | Tell me what is fair value accounting? |
| ☺ | Tell us what are the rules for debit and credit for different accounts to increase the amount in your business accounts? |
| ☺ | What are things will not be included in bank reconciliation statement? |
Top Accounts Categories
| ☺ | Accounting Interview Questions. |
| ☺ | Accounts Payable Interview Questions. |
| ☺ | Senior Accountant Interview Questions. |
| ☺ | Junior Accountant Interview Questions. |
| ☺ | Audit Interview Questions. |
