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receivable interview questions"><header class="entry-header"><h2 class="entry-title"><a class="entry-title-link" rel="bookmark" href="https://www.carunway.com/accounts-receivable-interview-questions-and-answers/">Accounts receivable interview questions</a></h2><p class="entry-meta"><time class="entry-time">November 25, 2024</time> <span class="entry-author"><a href="https://www.carunway.com/author/runner/" class="entry-author-link" rel="author"><span class="entry-author-name">Runner</span></a></span> </p></header><div class="entry-content"><a class="entry-image-link" href="https://www.carunway.com/accounts-receivable-interview-questions-and-answers/" aria-hidden="true" tabindex="-1"><img width="340" height="200" src="https://www.carunway.com/wp-content/uploads/2024/11/Accounts-Receivable-Interview-Questions-and-Answers-1-340x200.png" class="alignleft post-image entry-image" alt="Accounts Receivable Interview questions and Answers" decoding="async" /></a><p>Accounts receivable is a crucial current asset of the business. Are you wondering why it is? The answer is simple. It's just one step behind from being converted into money. Entities need liquidity to sustain in the business irrespective of the form of money (either … <a href="https://www.carunway.com/accounts-receivable-interview-questions-and-answers/" class="more-link">[Read more...] <span class="screen-reader-text">about Accounts receivable interview questions</span></a></p></div><footer class="entry-footer"><p class="entry-meta"><span class="entry-categories"><a href="https://www.carunway.com/category/ca/" rel="category tag">Accounting</a></span> <span class="entry-tags"><a href="https://www.carunway.com/tag/accounts-receivable-interview-questions-and-answers-pdf/" rel="tag">accounts receivable interview questions and answers pdf</a>, <a href="https://www.carunway.com/tag/accounts-receivable-interview-questions-with-answers/" rel="tag">accounts receivable interview questions with answers</a>, <a href="https://www.carunway.com/tag/basic-accounts-receivable-interview-questions/" rel="tag">basic accounts receivable interview questions</a>, <a href="https://www.carunway.com/tag/best-accounts-receivable-interview-questions/" rel="tag">best accounts receivable interview questions</a></span></p></footer></article><article class="post-10077 post type-post status-publish format-standard has-post-thumbnail category-ca tag-capitalized-commissions tag-deferred-commissions tag-deferred-commissions-journal-entry entry" aria-label="Capitalized commissions journal entry"><header class="entry-header"><h2 class="entry-title"><a class="entry-title-link" rel="bookmark" href="https://www.carunway.com/capitalized-commissions-journal-entry/">Capitalized commissions journal entry</a></h2><p class="entry-meta"><time class="entry-time">September 22, 2024</time> <span class="entry-author"><a href="https://www.carunway.com/author/runner/" class="entry-author-link" rel="author"><span class="entry-author-name">Runner</span></a></span> </p></header><div class="entry-content"><a class="entry-image-link" href="https://www.carunway.com/capitalized-commissions-journal-entry/" aria-hidden="true" tabindex="-1"><img width="340" height="200" src="https://www.carunway.com/wp-content/uploads/2024/07/Capitalized-commissions-journal-entry-340x200.png" class="alignleft post-image entry-image" alt="Capitalized commissions journal entry" decoding="async" loading="lazy" /></a><p>Capitalized Commissions journal entry is to recognize an expense as asset considering the tenure of the benefits flowing from it. Commissions is a percentage on the value of the original transaction. If the transaction pertains to the sale of goods, the commission is a … <a href="https://www.carunway.com/capitalized-commissions-journal-entry/" class="more-link">[Read more...] <span class="screen-reader-text">about Capitalized commissions journal entry</span></a></p></div><footer class="entry-footer"><p class="entry-meta"><span class="entry-categories"><a href="https://www.carunway.com/category/ca/" rel="category tag">Accounting</a></span> <span class="entry-tags"><a href="https://www.carunway.com/tag/capitalized-commissions/" rel="tag">capitalized commissions</a>, <a href="https://www.carunway.com/tag/deferred-commissions/" rel="tag">deferred commissions</a>, <a href="https://www.carunway.com/tag/deferred-commissions-journal-entry/" rel="tag">deferred commissions journal entry</a></span></p></footer></article><article class="post-9973 post type-post status-publish format-standard has-post-thumbnail category-audit tag-cut-off-procedures-in-audit tag-cut-off-procedures-in-audit-example tag-cut-off-procedures-in-audit-meaning tag-cut-off-testing tag-what-is-cut-off-procedures-in-audit entry" aria-label="How to perform the cut off procedures in audit?"><header class="entry-header"><h2 class="entry-title"><a class="entry-title-link" rel="bookmark" href="https://www.carunway.com/how-to-perform-the-cut-off-procedures-in-audit/">How to perform the cut off procedures in audit?</a></h2><p class="entry-meta"><time class="entry-time">July 28, 2024</time> <span class="entry-author"><a href="https://www.carunway.com/author/runner/" class="entry-author-link" rel="author"><span class="entry-author-name">Runner</span></a></span> </p></header><div class="entry-content"><a class="entry-image-link" href="https://www.carunway.com/how-to-perform-the-cut-off-procedures-in-audit/" aria-hidden="true" tabindex="-1"><img width="340" height="200" src="https://www.carunway.com/wp-content/uploads/2024/07/Cut-off-Procedrues-340x200.png" class="alignleft post-image entry-image" alt="how to perform cut off procedures in audit" decoding="async" loading="lazy" /></a><p>Performing the cut off procedures in audit is a testing approach to identify if the recording of financial information occurs within correct period. Cut off is an audit assertion. Auditor test this assertion to obtain sufficient audit evidence that an account balance is … <a href="https://www.carunway.com/how-to-perform-the-cut-off-procedures-in-audit/" class="more-link">[Read more...] <span class="screen-reader-text">about How to perform the cut off procedures in audit?</span></a></p></div><footer class="entry-footer"><p class="entry-meta"><span class="entry-categories"><a href="https://www.carunway.com/category/audit/" rel="category tag">Audit</a></span> <span class="entry-tags"><a href="https://www.carunway.com/tag/cut-off-procedures-in-audit/" rel="tag">cut off procedures in audit</a>, <a href="https://www.carunway.com/tag/cut-off-procedures-in-audit-example/" rel="tag">cut off procedures in audit example</a>, <a href="https://www.carunway.com/tag/cut-off-procedures-in-audit-meaning/" rel="tag">cut off procedures in audit meaning</a>, <a href="https://www.carunway.com/tag/cut-off-testing/" rel="tag">cut off testing</a>, <a href="https://www.carunway.com/tag/what-is-cut-off-procedures-in-audit/" rel="tag">what is cut off procedures in audit</a></span></p></footer></article><article class="post-9918 post type-post status-publish format-standard has-post-thumbnail category-ca category-audit tag-accounting-saly tag-prior-year-auditing-approach tag-saly-meaning-accounting tag-same-as-last-year tag-what-does-saly-mean tag-what-is-saly-in-accounting entry" aria-label="What does SALY (Same as Last year) mean in public accounting terms?"><header class="entry-header"><h2 class="entry-title"><a class="entry-title-link" rel="bookmark" href="https://www.carunway.com/what-does-saly-same-as-last-year-mean-in-public-accounting-terms/">What does SALY (Same as Last year) mean in public accounting terms?</a></h2><p class="entry-meta"><time class="entry-time">July 11, 2024</time> <span class="entry-author"><a href="https://www.carunway.com/author/runner/" class="entry-author-link" rel="author"><span class="entry-author-name">Runner</span></a></span> </p></header><div class="entry-content"><a class="entry-image-link" href="https://www.carunway.com/what-does-saly-same-as-last-year-mean-in-public-accounting-terms/" aria-hidden="true" tabindex="-1"><img width="340" height="200" src="https://www.carunway.com/wp-content/uploads/2024/07/What-does-Saly-mean--340x200.png" class="alignleft post-image entry-image" alt="What does Saly Mean?" decoding="async" loading="lazy" /></a><p>SALY stands for Same as Last Year, an abbreviation used in public accounting. Auditors commonly use it in their work papers. SALY is used when the audit team plans to perform the same procedures as the prior year and the approach has not changed. The auditor's job often … <a href="https://www.carunway.com/what-does-saly-same-as-last-year-mean-in-public-accounting-terms/" class="more-link">[Read more...] <span class="screen-reader-text">about What does SALY (Same as Last year) mean in public accounting terms?</span></a></p></div><footer class="entry-footer"><p class="entry-meta"><span class="entry-categories"><a href="https://www.carunway.com/category/ca/" rel="category tag">Accounting</a>, <a href="https://www.carunway.com/category/audit/" rel="category tag">Audit</a></span> <span class="entry-tags"><a href="https://www.carunway.com/tag/accounting-saly/" rel="tag">accounting saly</a>, <a href="https://www.carunway.com/tag/prior-year-auditing-approach/" rel="tag">Prior year auditing approach</a>, <a href="https://www.carunway.com/tag/saly-meaning-accounting/" rel="tag">saly meaning accounting</a>, <a href="https://www.carunway.com/tag/same-as-last-year/" rel="tag">Same as Last year</a>, <a href="https://www.carunway.com/tag/what-does-saly-mean/" rel="tag">what does saly mean</a>, <a href="https://www.carunway.com/tag/what-is-saly-in-accounting/" rel="tag">what is saly in accounting</a></span></p></footer></article><article class="post-9843 post type-post status-publish format-standard has-post-thumbnail category-ca tag-frauds tag-overstated tag-overstated-vs-understated-accounting tag-overstatement tag-understated tag-understatement entry" aria-label="Understated vs Overstated accounting"><header class="entry-header"><h2 class="entry-title"><a class="entry-title-link" rel="bookmark" href="https://www.carunway.com/understated-vs-overstated-accounting/">Understated vs Overstated accounting</a></h2><p class="entry-meta"><time class="entry-time">July 11, 2024</time> <span class="entry-author"><a href="https://www.carunway.com/author/runner/" class="entry-author-link" rel="author"><span class="entry-author-name">Runner</span></a></span> </p></header><div class="entry-content"><a class="entry-image-link" href="https://www.carunway.com/understated-vs-overstated-accounting/" aria-hidden="true" tabindex="-1"><img width="340" height="200" src="https://www.carunway.com/wp-content/uploads/2024/07/Understated-vs-Overstated-Accounting-340x200.png" class="alignleft post-image entry-image" alt="Understated vs overstated accounting" decoding="async" loading="lazy" /></a><p>Understated vs Overstated accounting is a scenario in which financial records reflect false information. The Primary Purpose of accounting is to record transactions so as to reflect the true and fair picture of profits, assets, debts, and capital. However, the terms … <a href="https://www.carunway.com/understated-vs-overstated-accounting/" class="more-link">[Read more...] <span class="screen-reader-text">about Understated vs Overstated accounting</span></a></p></div><footer class="entry-footer"><p class="entry-meta"><span class="entry-categories"><a href="https://www.carunway.com/category/ca/" rel="category tag">Accounting</a></span> <span class="entry-tags"><a href="https://www.carunway.com/tag/frauds/" rel="tag">frauds</a>, <a href="https://www.carunway.com/tag/overstated/" rel="tag">overstated</a>, <a href="https://www.carunway.com/tag/overstated-vs-understated-accounting/" rel="tag">overstated vs understated accounting</a>, <a href="https://www.carunway.com/tag/overstatement/" rel="tag">overstatement</a>, <a href="https://www.carunway.com/tag/understated/" rel="tag">understated</a>, <a href="https://www.carunway.com/tag/understatement/" rel="tag">Understatement</a></span></p></footer></article><div class="archive-pagination 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