What are Closing entries?
Submitted by: AdministratorClosing Entries at the close of the accounting period balances from the various accounts are transferred in order to balance the books of accounts. Thus, this process of transferring balances of the trading and profit and loss account at the end of year is called closing the books and entries passed at that time are called closing entries.
Submitted by:
Submitted by:
Read Online Accounts Manager Job Interview Questions And Answers
Top Accounts Manager Questions
☺ | Described Variance Analysis with Example? |
☺ | Define GPSD in accounting? |
☺ | What does an accurate Trial Balance suggest? |
☺ | Define appropriation? |
Top Best Management Categories
☺ | Store Keeper Interview Questions. |
☺ | Administrative Officer Interview Questions. |
☺ | Good Team Leader Interview Questions. |
☺ | Hotel Management Interview Questions. |
☺ | Project Coordinator Interview Questions. |