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DMart
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I was interviewed in Aug 2024.
Simple interview general knowledge and family baground basic knowledge of accounts
I was interviewed in Aug 2024.
DMart interview questions for designations
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Bank charges journal entry is a debit to bank charges account and a credit to bank account.
Debit bank charges account
Credit bank account
Bank charges are expenses incurred by the bank for providing services to the account holder
Example: Bank charges of $50 for the month of January
Journal entry: Debit Bank Charges account $50, Credit Bank account $50
Journal entry for stationery purchase
Debit Stationery account
Credit Cash/Bank account
Date of purchase, amount and description of items purchased should be mentioned
If purchased on credit, credit the supplier's account and mention the due date
If any discount received, credit the discount received account
BRS stands for Bank Reconciliation Statement. Debit note is a document sent by a buyer to a seller to request a credit note. Credit note is a document sent by a seller to a buyer to reduce the amount owed.
BRS is used to reconcile the bank statement with the company's records
Debit note is used to request a credit note from the seller for goods returned or overcharged
Credit note is used to reduce the amount owed by the b...
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