Ryan School Teacher Interview Questions and Answers

There are various types of taxes in India including income tax, GST, customs duty, excise duty, and more.

• Income tax is levied on the income earned by individuals and businesses

• GST is a value-added tax on goods and services

• Customs duty is a tax on goods imported into the country

• Excise duty is a tax on goods manufactured within the country

• Other taxes include property tax, entertainment tax, and more

Leadership is about inspiring and guiding a team towards a common goal, while management is about planning, organizing, and controlling resources to achieve that goal.

• Leadership focuses on people, while management focuses on processes and systems.

• Leadership is about setting a vision and motivating others to work towards it, while management is about ensuring that the necessary resources are in place to achieve that vis...read more

Items to add in balancesheet after trial balance

• Accrued expenses

• Prepaid expenses

• Depreciation

• Deferred revenue

• Accrued interest

• Goodwill

• Intangible assets

• Long-term investments

• Long-term debt

• Shareholder's equity