What is a Profit and Loss Account i.e. P & L account?
Profit and Loss Account is an account in the books of an organization showing the profits or losses made on its business activities with the deduction of the appropriate expenses. 6. What do you mean by a Journal Entry? A journal entry in accounting is a logging of transactions into accounting journal items. It can consist of several items each of which is either a debit or a credit. The total of the debits must equal the total of the credits is the golden rule of journal entry. 7. How much money are you looking for? Sir, I want the real reward of my skills here. I want the salary as per the company norms. As I am a MBA I definitely look for the salary up to twenty thousand at this level. 8. How do you see your career developing over the next five years? I will be one of the successful people in this field. I will have all the name and fame. Now, you can go to crack the interview ahead. Traders Interview Questions A Trader is an important person who buys and sells financial instruments
