Define offset accounting?
Submitted by: MurtazaThe one reduces the gross amount of another account to derive a net balance. Accumulated depreciation, which is a contra account to fixed assets to obtain book value, is an example of an offset account.
Submitted by: Murtaza
Submitted by: Murtaza
Read Online Nonprofit Accounting Job Interview Questions And Answers
Top Nonprofit Accounting Questions
| ☺ | Explain calendar maintenance? |
| ☺ | Explain turnover? |
| ☺ | Explain customer account? |
| ☺ | Explain operative accounts? |
| ☺ | What is retail banking? |
Top Business and Economics Categories
| ☺ | Taxation Interview Questions. |
| ☺ | Economics Interview Questions. |
| ☺ | Accounts Receivable (AR) Interview Questions. |
| ☺ | General Ledger Interview Questions. |
| ☺ | Fixed Assets Interview Questions. |
