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Journal entries and questions on taxes and accounting
GST is a tax reform implemented in India in 2017. It aims to simplify the tax structure and boost the economy.
GST stands for Goods and Services Tax
It replaces multiple indirect taxes with a single tax
It has helped in reducing tax evasion and increasing tax compliance
It has led to the formalization of the economy and increased transparency
It has made interstate trade easier and reduced logistics costs
It has led to a red...
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I applied via Walk-in and was interviewed in Aug 2024. There was 1 interview round.
I'm sorry, I don't have the available data to provide the stock price of this firm.
Check the company's website or financial news sources for the current stock price
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Accruals are adjustments made to financial statements to ensure that revenues and expenses are recognized in the period they are earned or incurred, regardless of when cash is exchanged.
Accruals help match revenues and expenses to the period in which they are incurred, providing a more accurate representation of a company's financial performance.
Examples of accruals include accrued interest, accrued wages, and accrued ...
Deferrals are revenues or expenses that are recognized at a later date instead of immediately when they are incurred.
Deferrals involve postponing the recognition of revenue or expenses to a future period.
Common examples of deferrals include prepaid expenses, unearned revenue, and deferred tax assets/liabilities.
Prepaid expenses are costs that are paid in advance but recognized as expenses over time as they are used.
Une...
I applied via Company Website and was interviewed in Dec 2023. There was 1 interview round.
I'm sorry, I don't have the available data to provide the stock price of this firm.
Check the company's website or financial news sources for the current stock price
Use financial websites or apps to track the stock price in real-time
Contact the company's investor relations department for the latest stock price information
I was interviewed in Oct 2021.
The Golden Rules of Accounting are basic principles that guide the recording of financial transactions.
Debit the receiver, credit the giver
Debit what comes in, credit what goes out
Debit expenses and losses, credit income and gains
I applied via Walk-in and was interviewed in Aug 2024. There was 1 interview round.
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