China Gate Restaurants Interview Questions and Answers

Q1. Golden rule of accounting
Ans. 
The golden rule of accounting is to debit the receiver and credit the giver.
• Debit the receiver, credit the giver

• Assets = Liabilities + Equity

• Revenue - Expenses = Net Income

• Debit increases assets and expenses, credit decreases them

• Credit increases liabilities, equity, and revenue, debit decreases them
Answered by AI
Add your answer
Q2. All entry like sale purchase contra etc and tally shortcut
Add your answer

Q1. Golden rule of account
Ans. 
The golden rule of accounting is to record debits and credits accurately to ensure the balance sheet and income statement are correct.
• Debits must equal credits in every transaction

• Assets = Liabilities + Equity

• Revenue - Expenses = Net Income

• Always follow the principle of conservatism

• Maintain accurate and detailed records
Answered by AI
Add your answer
Q2. Sale entry all type of entry
Add your answer

Q1. You are willing to do for long term
Add your answer
Q2. You know what to do ?
Add your answer

Can you take responsibility?

Can your work with extra efforts because we will be paying you high ?