Accounting General Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

Accounting General Interview Questions

Questions Answers Views Company eMail

what comes under real account?

CS Engineering, SK Accountant,

3 10262

if sale is rs 500000 lac and book profit is around 40000 thousand, what is the procedure to pay salary to working partner.should is pay as per deed or should i go with slab in which i can pay 90% of book profit as salary

1 3678

Which steps in Procurement to Pay process does FI documents get created.

2128

What is a Goods Receipt

1 3787

Explain the Invoice verification process

2771

What is an Automatic Payment Program ?

2130

How do you add/remove a payment block for particular invoice ?

2187

What are negative postings?What are Credit memos ?Payment Requests ?

2165

Why is an ‘Alternate Payee’ used

1 3169

What is ‘Dual Control’ in Master Records?

1 4032

the client has running his business in a rental building and he built new room in same place with own money. can we use the expenses of new room in profit and loss a/c

1 5129

as per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary

2547

if a company purchased measurement tape for office use .. it comes under which expense head

2 10341

what are the limitations of accounting conventions

2569

If a company Purchased Cotton Waste.. it comes under which expense/ how to treat in account

3 10470

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Un-Answered Questions { Accounting General }

Tell us what do you believe should be an important quality of an account executive?

1070

What is recording damage inventory in books of account?

1064

Can i put opening stock in new company during closing time

1714

What is band and why the company needs this?

2048

What is the difference between trial balance and general ledger?

1095

we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?

3449

How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.

1820

Explain miscellaneous expenditures & profit and loss account debit balance

1078

What is the use of 2a, 2b & 2c form in CST ?

2537

WHERE WE CAN USE VAT 5%,14.5%

2582

What is executive accounting?

1144

Why do users of accounting information need accounting information?

1029

Which kind of transactions are not recorded in the books of account?

1845

What is the dual aspect concept?

1209

I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?

3905

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