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If you are preparing for an Accounting interview then this video is going to help you a lot because in this video I have covered the most asked journal entries interview question and answers. Watch this video till the end and prepare for your interview.
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Chapters:
00:00 - Intro
00:52 - Q1 Prepaid Expenses Concept and Journal Entries with Answer?
01:05 - Answer of Question 1.
02:38 - Q2 Accrued Income Journal Entry?
03:24 - Answer of Question 2.
05:45 - Q3 Rent Paid in Advance Journal Entry?
05:55 - Answer of Question 3.
06:53 - Q4 Outstanding Interest on Loan Journal Entry?
07:07 - Answer of Question 4.
09:06 - Sale of Fixed Assets on Profit Journal Entry?
09:19 - Answer of Question 5.
10:28 - Sale of Fixed Assets on Loss Journal Entry?
10:54 - Answer of Question 6.
11:01 - Foreign Exchange Gain or Loss Journal Entry?
11:30 - Answer of Question 7.
16:34 - Accrued Expense/Outstanding Salary & Wages Journal Entry?
16:57 - Answer of Question 8.
17:01 - Deferred Cost write off/Amortization Journal Entry?
17:33 - Answer of Question 8.
