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 Genpact aptitude test questions  Genpact Aptitute Test Questions (19)  Genpact technical test questions  Genpact Technical Test Questions (27)  ECMRD placement papers  ECMRD Placement Papers (2)  ABB interview questions  ABB Interview Questions (591)
 
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Question   pl explain diffent types of hirarchies available in purchasing . and i also needs main key points in R12 FOR mfg modules Rank Answer Posted By  
 Interview Question Submitted By :: Kmp
I also faced this Question!!   © ALL Interview .com
Answer
position hierarchy and supervisor hierarchy
 
0 San3198
 
 
Answer
Ans: Positional Hierarchy and Employee/Supervisor 
Relationship.
 
0 Kalyani Tripathy
 
 
Answer
Oracle Supports 2 kinds of Hirerachies 
1) Positionl Hirerachy 
2) Employee Supervisor Hirerachy
new user supportive AME in R12 has enhanced to embeded own 
rules for aprovals in R12
 
0 Sriram.kaza@rediffmail.com
 
 
 
Question   pronounce words ,pleasure, measure, treasure, clouser, session , mission, jeopardy, passion , father, shoe section , sea shore, demonstration , rationalizations, Rank Answer Posted By  
 Interview Question Submitted By :: Guest
I also faced this Question!!   © ALL Interview .com
Answer
pleasure-(plezh-er)
measure-(mezh-er)
treasure-(trezh-er)
closer-(kloh-zer)
session-(sesh-uhn)
mission-(mish-uhn)
jeopardy-(jep-er-dee)
passion-(pash-uhn)
father-(fah-ther)
shoe section-(shoo-sek-shuhn)
sea shore-(see-shawr)
demonstration-(dem-uhn-strey-shuhn)
rationalization-(rash-nl-ahyztn)
 
3 Rahul Sharma
 
 
Question   What is limit of turnover for registering under CST & limit of Form 'C ' Rank Answer Posted By  
 Interview Question Submitted By :: Vishnu_sonika
I also faced this Question!!   © ALL Interview .com
Answer
no limit for registering under cst and no limit for cst form
 
0 Rajesh Sharma
 
 
Answer
limit for form c is  25000/- & turnover for registering is 
500000/-
 
0 Neelam Garg
[VALEDA HERBAL PVT LTD]
 
 
Answer
Revised turnover is RS 100000 as per D VAT Act.
 
0 Pawan Kumar
[VALEDA HERBAL PVT LTD]
 
 
Answer
There is no limit for the c form  other state purchases&sale 
'c' form is submiteded consigene or consginer
 
0 Samanth
[VALEDA HERBAL PVT LTD]
 
 
Answer
There no limit for the c from   any business man inter-state purchase inter-sale compulsory c from submit
 
0 Samanth
[VALEDA HERBAL PVT LTD]
 
 
Question   What will be the journal entry of provision for income tax in the financial year . Rank Answer Posted By  
 Interview Question Submitted By :: Mayank
I also faced this Question!!   © ALL Interview .com
Answer
P & L Appropriation A/c ..........Dr.

      To Provision for income tax A/c
 
4 Ankush Rawat
 
 
Answer
P&L a/c .......Dr.
   To Cash a/c...Cr.
(Being Income tax paid over income)
 
4 Kamal
 
 
Answer
income tax a/c dr

to provision for income tas
 
3 Chandu
 
 
Answer
incom tax a/c dr 
    to Income tax payable a/c
 
0 Raghuma Rerddy
 
 
Answer
income tax a/c
   to provision for income tax a/c
 
4 Brahmam
 
 
Answer
Income tax (expenses)A\c...Dr
    To Provision for Income tax A\c.
 
4 Shreenivas Dushi
 
 
Answer
Provision for Income tax(P&L)-------------------Dr.

    To, Provision for incometax(Liablities)
 
0 Manish Vatsaya
 
 
Answer
p/l appropiation   dr.
TO pro.for tax
 
0 Priyanka
 
 
Answer
p/l a/c ......... dr
    to provision for income tax
 
0 Abhishek
 
 
Answer
on prov
  dr p&l appropriation
   cr  prov for tax

  on payment
  dr  prov for tax
   cr   cash/bank
 
5 Tunde
 
 
Answer
P & L Appropriation A/c ..........Dr.

      To Provision for income tax A/c
 
0 Shyam Singh Rana
 
 
Answer
Income Tax A/c ------- Dr
To Provision for Income Tax A/c.
( Being the provision made for the Income Tax )
 
0 G.naveen
 
 
Answer
Profit & Loss A/c       Dr.
To Provision for income tax A/c
(Being provision made for tax)
 
0 Riya
 
 
Answer
profit & loss A/C Dr
  To provision for tax A/C
(being provision created for the financial year)
 
0 Sapna Agarwal
 
 
Answer
Income Tax (Exp.) A/c Dr.

To Provision for Income Tax

(But we will add Income tax (exp.) A/c in Profit while 
computing Income tax on profit.)
 
0 Ravinder Attri
 
 
Answer
This is the right Answer
Profit and loss account Dr
To Provision for income tax
 
0 Kumardeepak.009@gmail.com
 
 
Answer
1. income tax a/c   dr.   (amount)
       to provision for income tax a/c
                 
2.p&l a/c           dr.    (amount)
        to income tax a/c
                       or 
p&l a/c             dr.
   to provision for income tax
 
0 Mehtab Ahmad
 
 
Answer
p&L Apropriation A\c----Dr.
     To Provision For Income tax A\c
 
0 Bhagyashri
 
 
Answer
P & L Appropriation A/c ..........Dr.

      To Provision for income tax A/c
 
0 Mvs Ramani
 
 
Answer
P&L a/c ---------Dr.
to prov. for income tax -----Cr.
 
0 Amit
 
 
Answer
Income tax A/C to be debited and Provision for income tax A/c 
to be credited.
 
0 Pooja Bihani
 
 
Answer
Income tax a/c dr

To provisions for income tax
 
0 Kranthi
 
 
Question   Credit Purchase entry Rank Answer Posted By  
 Interview Question Submitted By :: Pallavi
I also faced this Question!!   © ALL Interview .com
Answer
Purchase account will be always debited.But the credit 
entry will differ from occassion to occassion
1.If it is purchased on cash -Purchase Dr and Cash will be 
credited
2.If it is purchased thru cheque Credit entry will be 
replaced by Bank
3.If it is purchased on credit  the credit entry will be 
replaced by the suppliers name
If you keep all these things in mind it will be very easy 
to transact any thing
Pl visit my Web www.therealaccountants.com
 
5 Guduri
 
 
Answer
debit the purchase A/c and credit the credit suppliers A/c
 
4 Suburam
 
 
Answer
if ur purchased Machinery here on credit that entry is 
  
     machinery A/c Dr 
To Party A/c
 ( Being machinery purchased on credit)
If ur purchased goods or material for consumption or selling
purpose on credit base that entry is 

  Purchase A/c Dr
To Party A/c
(Being material purchse on credit base)
 
3 Earasathiru6
 
 
Answer
purchase a/c  dr
to accounts payable a/c
 
0 Chandu
 
 
Answer
purchase a/c Dr
   To Accounts payble
(cerdit purchase )
 
0 Yogesh
 
 
Answer
Purchase A/c -------Dr.
  To,Suppliers A/c
 
0 Manish Vatsaya
 
 
Answer
Cr.Purchase A/c -------Dr.
  To,Suppliers A/c

( Being credit purchase )
 
0 Vinay
 
 
Answer
Cr.Purchase A/c -------Dr.
  To,Suppliers A/c
 
0 Sathish
 
 
Answer
Purchases A/C              Dr. xxxx
     To  Creditors A/C              xxxx
 
0 Md Abdul Bari
 
 
Answer
Purchase A/C .. Dr
 
     Accounts Payable A/c
 
0 Pradeep Gunuguntla
 
 
Answer
purchase a/c   dr.
   to supplier a/c 
(being credit purchase made from supplier(abc))
 
0 Mehtab Ahmad
 
 
Question   Find out the vaue of (7+77+777+7777............Unlimited)/1+11+111+1111 Rank Answer Posted By  
 Interview Question Submitted By :: Jamesmahtab
I also faced this Question!!   © ALL Interview .com
Answer
7
 
3 Dimple
 
 
Answer
(7+77+777+............)   ==  7 * ( 1 + 11 + 111 + .... ) 

so (7+77+777+............ )  / ( 1 + 11 + 111 + .... )

is the same as 

7 * ( 1 + 11 + 111 + .... ) / ( 1 + 11 + 111 + .... ) 

simply = 7
 
3 Ahmed Eldesokey
 
 
Answer
The Answer is = 7
 
0 Ravi Nihal
 
 
Question   Rent paid rs 2000 in Jan and feb 2009. What will the entry in Feb 1st 2009. Rank Answer Posted By  
 Interview Question Submitted By :: Pallavi
I also faced this Question!!   © ALL Interview .com
Answer
Rent A/c Dr  2000
Rent payable  A/c  Cr 2000

 Becoz its month first entry passed only .My be .
 
0 Prateeka4u
 
 
Answer
the entry  is
rent paid a/c 2000
 to cash / bank    2000
this is the entry in the month of jan  

rent paid  a/c 2000
 to cash/bank         2000
this is the entry for the month of febrauary
 
0 Ravindra
 
 
Answer
cash a/c ........Dr.       2000.00
   To rent a/c....cr.       2000.00
(being the amount paid in cash as rent of month Feb 2009)
 
0 Kamal
 
 
Answer
on feb 1
rent a/c........dr
   to rent advance  a/c
(being adjusted rent advance for month of feb)
 
0 Ravinder.sunkara
 
 
Answer
If we r pay the amount on 1st jan for two months rent that 
entry is 

         Rent a/c Dr 2000
      To cash a/c          2000
(being Rent paid for themonth of Jan)
&
     Prepaid Rent A/c Dr2000
   To rent A/c                2000
(Being booked rent Advance)
 
0 Earasathiru6
 
 
Answer
1)  Rent    A/c         Dr.     2000/-

     To Rent Payable A/c                2000/-
(Being Rent Due for the Month of Jan)

2) Rent Payble    A/c  Dr.      2000/-

     To Cash/ Bank                       2000/-
 (Being Rent paid for the M/o Jan)
          
 Note- Same entry will be pass for Feb-)

Please leave your comment
 
3 Shishu Pal Yadav
 
 
Answer
Kamal ji according to u you are recived rent but not paid. 
While answering anything think twice.My answer will be 
Rent a/c      Dr    2000
Rent Payable A/c    2000
To Cash/Bank             4000
(Being rent paid for the months of jan and Feb)
The question is not clear.Rent when paid is not cleared
 
0 Guduri
 
 
Answer
Dr. Rent A/c  4000
    Cr. Cash A/c   4000
(being rent paid for jan'09 and feb'09)
 
0 Suburam
 
 
Answer
Rent A/c Dr              2000
Pre Paid Rent A/c Dr     2000
 Bank / Cash A/c Cr.             4000

(Since Rent paid in Jan exp booked in Jan, where as for Feb 
rent paid in advance booked in prepaid a/c)
 
0 Nazeer Hussain.h
 
 
Answer
the rent on 1st feb 2009 is 2000
 
0 Jaffar Khan
 
 
Answer
im am not sure wheather it is 2000 for jan and feb or for 
jan it is 2000 and feb 2000 i will take it as 2000 rs paid 
for both the month the journal entry will be
 rent account dr   1000
 prepaid rent account dr 1000
to cash account                 2000
for rent paid for jan and feb
in feb the entry will be
rent account dr               1000
to prepaid rent account            1000

 the prepaid rent gets knock off by rent account in month 
of feb
 
0 Harsha
 
 
Answer
rent a/c       dr 1000
   prepaid rent a/c dr 1000
            to cash a/c        2000   
being one month rent paid in advance
 
0 Sekhar
 
 
Answer
Rent A/c Dr
   To Cash A/c
 
0 Harry
 
 
Answer
rent a/c dr 1000
to advance rent a/c 1000
 
0 Chandu
 
 
Answer
Rent A/c........Dr
  To Cash A/c

(Being Rent paid for the month of Jan)
 
0 Durgaprasad.k
 
 
Answer
On 1st Feb

Rent A/c -----------------Dr.1000
Prepaid Rent A/c----------Dr.1000
    To, Cash/Bank  2000
 
0 Manish Vatsaya
 
 
Answer
rent payable a/c dr        2000
to cash a/c                       2000

(being the jan salary paid in feb 1st 2009)
 
0 Sharada
 
 
Answer
this Question is clearly mentioned in which amount paid
per month in Rent

Rent A/c Dr   2000
 Bank A/c          2000


 I think so, leave your comments
 
0 Raghav Vijayan
 
 
Answer
31-1-2009 Rent A/c     Dr            2000
              To Rent payable  A/c                     2000
         (Being the Rent due for the month of Jan)

1-2-2009  Rent payable A/c Dr         2000
              To Cash A/c                             2000
         (Being the january month salary paid)

These are Accrual accounting transaction.
 
0 Sharada R
 
 
Answer
I have taken the rent amt. of Rs. 2000 p.m.

Rent A/c ...   Dr.           2000
        To Advance Rent            2000
(Being jan. advance rent has been adjusted)

Advance Rent A/c...Dr.       2000      
         To Cash/Bank A/c          2000
(Being advance rent paid for the month of feb.)

It means that we have already paid the jan. rent in advance in jan, and in feb.1 we have to adjust with rent. 
In feb.1 we have paid the advance rent for the month of feb.
 
0 Sitaram Mahto
 
 
Answer
Rent A/c-----Dr  2000
  To Cash             2000
 (being rent paid for the month of jan)
Prepaid A/c---Dr  2000
  To cash              2000
 (rent paid to advance for the month of feb)
 
0 Durgaprasad M
 
 
Answer
My dear Friends, I too faced the same question in the same 
place. Your QUESTION is WRONG.   Actually the question is  
== in the month of February I paid January, February and 
March. Then what is the entry is the question.

For that answer is:

For the month of February:
Out standing Rent a/c. Dr.  XXX
       To Bank / Cash  a/c. Cr.   XXX

For the month of March:
Rent A/c.  Dr.   XXX
  To Bank / Cash  a/c. Cr.   XXX

For the month of March:
Prepaid Rent A/c.  Dr  XXX
 To Bank / Cash  a/c. Cr.   XXX

Note: Friends ask any questions directly through my mail ID.
 
0 S4sridhar@gmail.com
 
 
Answer
it is a representative personnel account. hence 
rent a/c 'Dr'
To rent outstanding a/c 
(in the jan month)

rent outstanding a/c  'Dr'
To cash a/c   
( in the Feb month when rent paid)
 
0 Hemanth
 
 
Answer
In the month of jan.
Rent a/c     Dr.      2000
   To cash/Bank a/c        2000
(Being rent paid to owner for the month of jan.)

In the month of feb.
Rent a/c     Dr.      2000
   To cash/Bank  a/c       2000
(Being rent paid to owner for the month of feb.)
 
0 Bn.manohar Reddy
 
 
Answer
Rent Paid in the month of feb 
Rent paid account dr    2000
to cash or bank a/c               2000
Being rent paid for the month of feb 

Where as the rent paid for the month of jan in Feb the entry
will be 
O/s Rent dr           2000
to bank or cash a/c

Being rent paid for the month of Jan in the month of Feb
 
0 Mohan
 
 
Answer
Question says what is the entry for feb so no change as compared to to previous month 

Rent A/c         Dr 2000
 To Bank/cash A/c    Cr 2000
 
0 Kiran
 
 
Answer
Rent A/c            Dr   1000
Rent Prepaid A/C    Dr   1000
 To Cash/Bank Account        2000 
(If entry Passed in Jan)

In Feb
Rent A/c            Dr  1000
To Rent Prepaid A/C
(Prepaid entry amortized in Feb)
 
0 Bijoy.ss
 
 
Question   interest paid to bank for journel entry Rank Answer Posted By  
 Interview Question Submitted By :: Ravikumar123
I also faced this Question!!   © ALL Interview .com
Answer
If it paid directly 
bank Interest a/c         Dr
To Cash a/c
If it is adjusted by Bank
Bank Interest a/c         Dr
To Bank a/c
 
0 Satyanarana Raju
 
 
Answer
Intrest paid a/c 
  To Bank A/c
 
0 Vivekananda.pai.k.n
[Broadridge Financial Soultions India Pvt]
 
 
Answer
interest paid A/C DR.
      TO Bank
 
4 Ajit Agrawal
[Broadridge Financial Soultions India Pvt]
 
 
Answer
bank interest a/c dr
 to bank a/c
 
0 Jyoti Agrawal
[Broadridge Financial Soultions India Pvt]
 
 
Answer
interest a/c.......dr
    to bank a/c

(being interest paid to bank)
 
0 Ravinder.sunkara
[Broadridge Financial Soultions India Pvt]
 
 
Answer
interesta/c  Dr
to Bank A/C 
 
0 Ankit Jain
[Broadridge Financial Soultions India Pvt]
 
 
Answer
interest a/c.........dr
     to bank a/c
(being interest paid through bank)
 
0 Ravinder.sunkara
[Broadridge Financial Soultions India Pvt]
 
 
Answer
Bank intrest A/C.................Dr
To Cash/bank A/C.................Cr
(Being Intrest paid through Bank)
 
0 A.balajee.rao
[Broadridge Financial Soultions India Pvt]
 
 
Answer
interest A/c --- Dr 
   To Bank A/c
 
0 Rajesh Kv
[Broadridge Financial Soultions India Pvt]
 
 
Answer
Bank a/c---- dr.
  To interest Paid a/c...cr.

(Being the inerest paid into the bank).
 
0 Sandeep Kumar
[Broadridge Financial Soultions India Pvt]
 
 
Answer
Mr sandeep according to you you recd interest from 
Bank .Think before u answer

visit once a trail WEB Site 
www.therealaccountants.com
 
0 Satyanarayana Raju
[Broadridge Financial Soultions India Pvt]
 
 
Answer
intest on bank loan a/c dr 
to cash a/c
 
0 Chandu
[Broadridge Financial Soultions India Pvt]
 
 
Answer
Bank Interest  Dr
    To Cash     Cr
 (direct cash payment)
 Bank Interest   Dr 
     To Bank     Cr
 (through cheque payment)
 
0 Durgaprasad M
[Broadridge Financial Soultions India Pvt]
 
 
Answer
bank a/c dr.
  to interest a/c
 
0 Mehtab Ahmad
[Broadridge Financial Soultions India Pvt]
 
 
Answer
Interest paid to bank ,
effect on nominal account ,bank interest,
other effect wat goes out ,CASH or BANK  


Entry will be , BANK INTEREST a/c DR
                     TO BANK A/c

I THINK in BUSINESS it definetly deduct , no company or firm paid it in cash,        without limit business is impossible
 
0 Nuhad Ahsan Qadri
[Broadridge Financial Soultions India Pvt]
 
 
Answer
HERE THE QUESTION IS "INTEREST PAID TO BANK" IT IS 
THE "NOMINAL ACCOUNT PRINCIPLE"

CONDITION: DR-ALL EXPENSES ALWAYS DEBIT

           CR-ALL INCOMES AND GAINS ALWAYS "CR"

HERE JOURNAL ENTRY IS AS PER GOLDEN RULE

DR INTEREST PAID A/C
CR BANK/CASH A/C
(BEING INTEREST PAID TO THE BANK A/C)
 
0 Naveen Kumar.karumuri
[Broadridge Financial Soultions India Pvt]
 
 
Question   what is journel entry for bank charges Rank Answer Posted By  
 Interview Question Submitted By :: Ravikumar123
I also faced this Question!!   © ALL Interview .com
Answer
Generally banker will charge service charges on various 
services made to the accountholder under the name of bank 
charges
  Bank charges a/c      Dr
  To Bank a/c
(Being bank charges debited)
 
5 Satyanarayana Raju
 
 
Answer
debit-bank charges
credit-Bank
 
0 Guest
[Broadridge Financial Soultions India Pvt]
 
 
Answer
bank charges a/c Dr
To bank a/c
 
0 Jyothi
[Broadridge Financial Soultions India Pvt]
 
 
Answer
Bank charges a/c Dr
   To bank a/c
 
0 Vivekananda.pai.k.n
[Broadridge Financial Soultions India Pvt]
 
 
Answer
bank charges a/c dr
 to bank a/c
 
0 Jyoti Agrawal
[Broadridge Financial Soultions India Pvt]
 
 
Answer
Bank charges .............Dr
To Bank A/C  .............Cr
(Being Bank charges Automatically Debited)
 
0 A.balajee.rao
[Broadridge Financial Soultions India Pvt]
 
 
Answer
Bank Charges --------Dr
To Bank A/C----------Cr
 
0 Shobha
[Broadridge Financial Soultions India Pvt]
 
 
Answer
bank charges a/c dr
to bank a/c
 
0 Chandu
[Broadridge Financial Soultions India Pvt]
 
 
Answer
Bank charges  a/c 
  TO bank a/c
 
0 Parushuram
[Broadridge Financial Soultions India Pvt]
 
 
Answer
Bank charges a\c dr
To Bank a\c
 
0 Chitra
[Broadridge Financial Soultions India Pvt]
 
 
Answer
1.bank charges a/c dr.
   to bank a/c

2.p&l a/c dr.
  to bank charges 
              or
p&l a/c   dr.
   to bank a/c
 
0 Mehtab Ahmad
[Broadridge Financial Soultions India Pvt]
 
 
Answer
Bank charges a/c Dr

    To Bank a/c
 
0 Shyam.k.r
[Broadridge Financial Soultions India Pvt]
 
 
Answer
Bank Charges a/c Dr
Bank a/c cr
 
0 Syed
[Broadridge Financial Soultions India Pvt]
 
 
Question   what is the difference betwen p & l a\c and income & expenditure statement Rank Answer Posted By  
 Interview Question Submitted By :: Guest
I also faced this Question!!   © ALL Interview .com
Answer
P & L account make by profitable orgnaisation but income & 
exp. account make by non-profitable orgnisation.
 
0 Mohd Imran Khan
 
 
Answer
P&L A/c is prepared for the Business Organization whose aim 
is to earn profit by running business whereas Income & 
Expenditure A/c is prepared for the non-Profit 
Organization,Trusts etc.
 
0 Gurpreet Singh Chahal , Ballar
 
 
Answer
the main diffarence between p/l a/c and income and 
expenditure a/c is that p/l a/c prepare only for the 
profitable concern like company and income expenditure a/c 
prepare only for the non profit seeking concern like 
charitable institution, club, hospital.
 
0 Mainak Das
 
 
Answer
Through P/L a/c we get Net profit or net loss of a concern 
but incase of I/E a/c we get net surplus or net deficit of 
the organigation as we prepare P/L a/c for a profitable 
organigation & I/E a/c for a nonprofitable organigation.
 
0 Kaushik Patra , Ibcs, Soa Univ
 
 
Answer
Profit And Loss Account(p/l acc)
Income And Expenditure Account(I/E acc)
1.Prepare by business undertakings(p/l acc)
Prepared by non-trading organizations(I/E acc)
2.Credit balance of this account is known as “Net profit” and added to opening capital(p/l acc)
Credit balance is known as “excess of income over expenditure or surplus” and added to opening capital fund(I/E acc)
3.Debit balance of this account is known as “ Net loss” and deducted from opening capital(p/l acc)
Debit balance is known as “excess of expenditure over income or deficit” and deducted from opening capital fund(I/E acc)
4.To check correctness of accounts, trial balance is prepared before preparing this Profit & Loss Account(p/l acc)
To check correctness of accounts, receipts and payment account is prepared before preparing this account(I/E acc)
 
0 Abhinav Srivastava
 
 
Answer
profit n loss is prepared to acheive the objectives of 
accoutancy.
While income n expenditure is prepared to ascertain the net 
profit n loss, which is transferred to capital account at 
the end of the financial year.
 
0 Sandeep Kumar
 
 
Answer
Income statement also called p & l statement. It is a 
company's financial statement, the purpose of the income 
atatement is to show during the period being report.

Any cash received from current yr is regarded only is 
income.and any cash paid in all the purpose of comapny's 
work may or may not be regarded as expenditure.
 
0 Nirakar
 
 
Answer
p & l a/c show gross & net profit or loss whether income & 
expenditure a/c show direct/indirect income or expenses
 
0 Pravin Sharma
 
 
Question   what is the difference betwen p & l a\c and income & expenditure statement Rank Answer Posted By  
 Interview Question Submitted By :: Ravikumar123
I also faced this Question!!   © ALL Interview .com
Answer
P&L account is prepared by the firms who runs business to 
make or with a motive to earn Profits.

Whereas Income & Exp statement is prepared by the non-
profit motive organisations like Orphanages or any other 
service organisations.
 
0 Srinivas Annavarapu
 
 
Answer
income & expenditure statement is prepare for the service organizations 

profit& loss a/c is prepare for the business organizations
 
0 Ravinder.sunkara
[Broadridge Financial Soultions India Pvt]
 
 
Answer
P&L A/C is prepared by trading companies, where as income &
expenditure statement is created by Non- trading companies
 
0 Abdul Bari
[Broadridge Financial Soultions India Pvt]
 
 
Question   what is shudle six balancesheet Rank Answer Posted By  
 Interview Question Submitted By :: Ravikumar123
I also faced this Question!!   © ALL Interview .com
Answer
Investments are the Schedule 6 / Sch F in Balance sheet.
 
4 Srinivas Annavarapu
 
 
Answer
It is a balance sheet prepared in accordance with the
provisions of companies act1956
 
2 Dayakar
[Broadridge Financial Soultions India Pvt]
 
 
Answer
deposite are 6 schdule
 
0 Priyanka
[Broadridge Financial Soultions India Pvt]
 
 
Answer
It is a balance sheet in which assests appear in left hand 
side
 
0 Pawan
[Broadridge Financial Soultions India Pvt]
 
 
Answer
The question should be.. what is SCHEDULE VI?
 
0 Manoj S
[Broadridge Financial Soultions India Pvt]
 
 
Question   What is entry in TALLY for newly bank A/c open for company at starting of business? Rank Answer Posted By  
 Interview Question Submitted By :: Pawar.kisan
I also faced this Question!!   © ALL Interview .com
Answer
bank a/c  dr
to  cash a/c  cr
 
0 Anbu
 
 
Answer
After creation of Ledger for Bank account in Tally, then 
choose Contra voucher from Account voucher Creation screen 
or press F4 button and pass the given below entries

Bank A/c  Dr
Cash A/c  Cr
 
0 Raghunath
 
 
Answer
Bank A/C Dr
Cash A/C Cr
 
0 Mrutunjay
 
 
Answer
go to receipts, than In Accounts - Bank A/c (Dr)

Particulars: cASHIN HAND - cASH (CR)
 
0 Nadeem
 
 
Answer
in tally already there is a bank a/c by default.we have to
just pass the transactions in it.
 
0 Sudheer
 
 
Answer
TO cash a/c ............Dr
BY Bank a/c


the above ebtry correct in tally i worked with tally9.0
 
0 Ravikumar123
 
 
Answer
bank a/c dr
 to proprietor's capital a/c
 
0 Jyoti Agrawal
 
 
Answer
in bank account we have to pass entry 
the entry wil be
To Cash A/c
 
0 Dayakar
 
 
Answer
capital a/c   dr
  to cash a/c
 
0 Archana
 
 
Answer
Capital A/c...Dr
  To Cash A/c
(Being Commenced business with cash)
 
0 Durgaprasad.k
 
 
Answer
By Bank ( Name with Current a/c No: ) A/c Dr
 To Cash A/c Cr.

Narration ( Being Cash deposited to bank for opening 
Purpose )
 
2 V.balaji
 
 
Answer
I agree with Mr. Jyoti and dont agree with Durgaprasad 
refere to Jyoti ans no. 7
 
0 Amjad
 
 
Answer
capital a/c ....Dr 
  To   cash  a/c .........Cr
(Being start the business)
 
0 Rahul
 
 
Answer
bank  a/c      Dr
    To cash a/c         Cr
 
0 Piyush
 
 
Answer
bank A/c ......dr
to cash A/c
 
0 Arun Singh
 
 
Answer
the new a/c has been open so it will be the dr but we have 
to paas two entry in a/c's,
so dr - will be the bank but cash could not be the cr coz 
then we have to show how does that cash come to our hand or 
we can say how does petty cash has contributed we have to 
show some capital transaction so can plz anyone help 
me......
 
0 Yatendra
 
 
Answer
capital a/c ....Dr 
  To   cash  a/c .........Cr
(Being start the business)
 
0 Sriram
 
 
Answer
bank a/c____dr.
       to cash a/c cr.
 
0 Pradeep Ojha (escorts)
 
 
Answer
bank a/c dr 
cash a/c
 
0 Subhash Kumar
 
 
Answer
Deposit A/c Dr. 
 To Bank A/c.
The Money Which has beeb paid for Opening A/c is a Deposit 
to bank and is compltely Refundable at the time of closing 
of A/c. Hence That would be treated as Deopsit
 
0 Kumardeepak.009@gmail.com
 
 
Answer
you have start the busness. it means you r amount invest in 
busniess,so bank is-----dr.
            cash ------cr.
 
0 Jyoti
 
 
Answer
Capital a/c Dr
  To Bank a/c
 
1 Rohit
 
 
Answer
Dear All,
First of all let me explain to all as following.

If company owner have cash & he start new busine

Received cash in company books. 
 
By cash a/c -------- Dr
   To Capital a/c ---------Cr

Then deposit cash to in Bank a/c

By Bank a/c -------- Dr
    To Cash a/c -----------cr
 
0 Amjad Faqih
 
 
Answer
The entry will be 
Bank a/c Dr
Capital a/c 
 (Being Cash deposited by (Owners name )
 
0 Subramanian.s.k
 
 
Question   Hi All, I am working in an organisation where i hardly get time, I want to prepare for GROUP 1 without quiting my job since i am poor and in need of money. How do I prepare myself while iam working. Please help . Is it very tough to prepare for Groups?? Rank Answer Posted By  
 Interview Question Submitted By :: Goud
I also faced this Question!!   © ALL Interview .com
Answer
hi im sathish .............................i think i can help u as far i can......................plz send a invite to my mail satheesh023@gmail.com.........and ask ur doubts(plz mention ur location and age)
          bye c u tatta
 
0 Satheesh
 
 
 
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