Accounting Manager Question:
Download Questions PDF

Tell me what are the accounting events that are frequently involved in compound entries?

Answer:

The accounting events that are frequently involved in compound entries are;

☛ Record multiple line items in a supplier invoice that address to different expenses
☛ Record all bank deductions associated to a bank reconciliation
☛ Record all deduction and payments related to a payroll
☛ Record the account receivable and sales taxes related to a customer invoice

Download Accounting Manager Interview Questions And Answers PDF

Previous QuestionNext Question
Tell us how much mathematics knowledge is necessary or required in accounting?Explain me what is the general classification of accounts that usually ledger account involve?