Accounting General Interview Questions
Questions Answers Views Company eMail

Sale of Rs.10000, where in 50% is on credit and there 10% discount on the immediete payment. Pass a journal entry for this

Accenture,

26 27047

why we are considering the net profit as liable in balance sheet

5 7147

what is the D.V.T. rate from 1/10/2009

1565

WHAT IS R/3 IN SAP.

2 4207

HOW MANY CHART OF ACCOUNT WE CAN DEFINE IN A COMPANY CODE. (SAP QUESTION)

3 4662

What is capital?

8 7921

what is contigencies?

6 8746

what is prudence

2 4260

how many types of deprecation (exactly)

Bank Of America,

14 16323

p i r round ?

5 11517

what is the different between Liability and owners equities ?

2 4756

what are Accounting Documents and Book of Accounting

1 3597

in how many days employees dues should be paid.

2 4814

general entry for credit purchases, credit sales, golden rules of accounting,what is contribution.

Genpact, LG,

11 20109

Hi all, I am having a interview tommorow at MG Road HR personal interview for IBM daksh. Can any one tell me most likely asking question with the answers. Thanks in advace.

IBM,

2 5390


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Un-Answered Questions { Accounting General }

Explain an example of a tough decision you had to make quickly?

605


state (5) accounting concepts and give 1 example of each

1516


What information is included in a bill for services?

585


Can you please explain the difference between differentiate between consignor and consignee?

613


What is the entry to be passed on receiving the tds certificate in the books of the deductee?

2184






How to get C forms in online? Plz give me Processor Thanq

2854


When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock

1187


What entry to be passed for Duty draw back as receivable

1410


what are the basic elements to prepare a quarterly information system and how to calculate that items?

1363


purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law

1368


Why Company maintain's books of account?

1352


Explain what makes a successful account manager?

607


sir i want to know that where we taken entry of sals return in excise in manufecturing unit tell me .

1665


What are the types of liabilities accounts?

606


2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.

1805