Accounting General Interview Questions
Questions Answers Views Company eMail

where does petty cash to cash entry go in tally

ABC,

1 2314

Why current assets Liability said & current Liability Assets said...?at tally ERP9

Engineers India Limited,

1362

Mr.X working in an organization,He as taken to salary advance 10,000 on 15/1/2016.He total salary payed on 30,000 5/2/2016?

IBM,

3 2950

Paid , life insurance premium Rs.2500

3 2830

In our company we are making payment through X bank and again we opened a new account in Y bank and we deposited cash in this bank rs.10000.and cash is used from X bank. then what will be the entry & how to adjust with old bank

ABC,

1 2153

Month end closing entries with example

Openhand, SJ Group,

1 2469

Reconciliation a/c in SAPM ERP

Olympus,

1 2332

I want to see company ROC no can you please tell me where it should be mentioned.

1 1975

When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.

Cap Gemini,

1481

What is the Journal entry for advance given 1000 from petty cash and 800 spent to puchase keyboard and mouse . 200 returned.

Elite,

1 2411

Types of vouchers with explaination

1 1741

Purchased good from Sreenivasan company for personal use Rs.50000 What is journal entry

2 2694

Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????

1257

what is difference between budgeting and Forecasting

IHG,

1183

give 3 reasons why capital is referred to as a special liability

KCA University,

1323


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Un-Answered Questions { Accounting General }

Explain what is double-entry accounting? Explain with an example?

643


The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).

1687


Explain the types of ledger?

3564


What is the difference between the accrual accounting and cash accounting?

622


Define public accounting?

636






Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.

1629


i got a case study in which theie is a chemical company group which has 12 companies in all, few in Europe and few in USA, my question is should i have only 2 COA as per the standard like US GAAP and IFRS or should i have COA based on country location.

1415


What is entry of Dishonored cheque issued to supplier

869


in terms of accounting the trial balance when is it taken?

610


Tell us do you possess any knowledge about accounting standards?

625


8. What is the difference between: a. Direct Costing Method and Absorption Method. b. Fixed Cost and Variable Cost.

1377


swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000

1422


Define retail banking?

612


Why do you want to be an accountant?

618


Do you use social media to identify prospects?

672