Genpact interview question

journal entry for credit purchases and credit sales. golden rules of accounting diff between cash flow and funds flow what is the journal entry in pass book for depositing cash into bank

Interview Answers

Anonymous

11 Mar 2017

Bank A/c Dr. cash A/c Cr.

5

Anonymous

27 Dec 2017

Bank a/c Dr. To Cash a/c

5

Anonymous

11 Mar 2017

Bank A/c Dr. cash A/c Cr.

32

Anonymous

29 Jun 2019

Cash flow is all about the cash which is coming in and going out of the business, where on the other hand, fund flow is about all other aspects like flow of assets and liabilities.

5