Interview Questions Answers.ORG
Interviewer And Interviewee Guide
Interviews
Quizzes
Home
Quizzes
Interviews Basic Professional Interviews:AerospaceAgricultureAnatomyArchitectureArchitecture DesignAuto MechanicBabysittersBeautyBookkeeperCabin CrewCall CenterCapacitor PlanningCarpenterChefCIVIL ServicesClericalClerkDesigningDiplomacyDriverDrivingElectricianFashion & ModelingFashion ModelFire OfficerFirefighterFitnessFlight AttendantForklift OperatorGardeningHead of DisasterImaginationInterior DesignerInterpersonal SkillsInventivenessKids NannyLAWLaw EnforcementLawyerLeadershipLegal AssistantLegal Firms Law ResearcherLibrarianLibrary AssistantModelMotivationalNews ReporterPainterPeople SkillsPlumbingPolice OfficerProjectReceptionistResourcefulnessRisk TakingSafety SkillsSecretarialSnow BlowerSocial WorkerSQA EngineerTop Paying ProfessionsTrainingWelding
Copyright © 2018. All Rights Reserved
Bookkeeper Interview Question:
Tell me what is the accounting equation (or the balance sheet equation) or explain the balance sheet?
Submitted by: MuhammadA good bookkeeper will explain the balance sheet has assets, liabilities and equity. This is mandatory for anyone you expect to provide accurate financial reports. Ideally they will tell you the equation is: Assets = Liabilities + Equity. If they can't explain the balance sheet, then ask them to describe an asset and liability account. You won't want someone who doesn't know the balance sheet responsible for month end close, but if someone else is ensuring accuracy, just knowing how assets and liabilities are used will be fine.
Submitted by: Muhammad
Submitted by: Muhammad
Copyright 2007-2024 by Interview Questions Answers .ORG All Rights Reserved.
https://InterviewQuestionsAnswers.ORG.
https://InterviewQuestionsAnswers.ORG.