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Accounting General Interview Questions
Questions Answers Views Company eMail

Explain how the following transactions would be recorded in a cash book with Cash and Bank columns? i) Deposit of cash into Bank ii) Withdrawal of money from Bank for office use iii) Deposit of cheques (received from others) into Bank iv) Dishonour of cheques deposited into Bank I need a detailed answer..thanks..

ABC, Aroma, College School Exams Tests, IDA, Ignou,

3 7280

In Accounting Terms 1. what is meant by debit Rs.1000/- to Mr.Ramu account ?. 2. What is meant by credit Rs.1000/- to Mr.Ramu account ?. 3. What is meant by Ramu account was Debited or Credited ?. 4. Generally in accounting terms what is meant by Debit or Credit His / Her account ?.

2 16392

define contra entry?

8 14846

Rent paid out of your personal cash 3000 SAR

9 24513

If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?

TATA,

2459

WHAT IS journal voucher ,CONTAR VOUCHER , CASH VOUCHER AND BANK VOUCHER (IN DETAIL)

1 14573

In which expense we book the expense related to certification of ISO 9001 certificate & consultant fee.

3 36690

what is trial balance.?

4 7434

trial balance is not a conclusive..?

4 6115

1. If i receive one invoice from our contractor on 01.08.10 , but the invoice date 30.07.10. My question is in what date i should take into account this transcation (i.e 30.07. Or 01.08.10) 2. If i receive a cheque from our customer on 30.08.10 but its not possible to deposit in the same date, because of closing of bank hours, it is possible only to deposit the cheque on next day only. In this case which date i should taken for account the transcation.

3 5413

please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.

IBM,

1 4956

What is the goodwill, how it will be calculeted.can Goodwill posted on laibiltes side Balance sheet.

9 11041

what is the meaning of tax invoce & retail invoice

Deloitte,

1 6828

What is general entries for Deffered Tax?

KSK Energy,

2735

why we prepare our accounts of book and why do audit our accounts of book

2 5064


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Un-Answered Questions { Accounting General }

what made you take up present subject/area of specialization and what would you define as your career objectives

2183


what are the direct expense of loan department in banks.

1480


Have you ever heard about tds, what it is?

1098


What all are the documents need to check for a supplier payment?

1637


What is tds and how it is calculated?

1083


What is the difference between lc and bg(letter of credit

1961


why accounting is important in business?

1129


What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?

2624


could i know how to accounting lease intrest ?

2007


Trial balance as on 31st March, 2014 Particulars Debit Pula Particulars Credit Pula Wages 14 100 Dividends received 4 300 Salaries 13 000 Bank overdraft 41 000 Opening Stock 40 000 Returns 1 000 Machinery 49 000 Creditors 14 200 Investments 30 700 Sales 258 500 Drawings 23 000 Capital 30 000 Purchases 130 000 Returns 2 000 Debtors 18 000 Advertising 13 400 Interest 4 800 Cash 11 000 349 000 ======= 349 000 ======== Additional information: 1. Closing stock is valued at P53 000. 2. Wages include P350 being advance against wages. 3. Wages include P1 000 paid for erection of machinery. 4. A purchase of stationery for P430 has been inadvertently included in the Purchases account. 5. A sale of investments with a book value of P2 600 for P2 500 has been included in the Sales Account. 6. Salaries include P150 per month paid to the proprietor’s domestic servant. 7. Machinery is to be depreciated by 10 per cent. Required: a. The revenue statement (Trading and Profit and Loss Account) for the year ended 31st March 2014 and b. Statement of financial position (Balance Sheet) as on 31st March, 2014.

2149


Tell me the stages of double entry system?

1079


Explain what is balance sheet?

1102


PRELIMINARY EXPENSES INCURRED IN THE YEAR OCTOBER 2012 MONTH 5LAKS WHICH ACCOUNTED IN ASSET SIDE AS ''PRELIMINARY EXPENSES''... IN YEAR END MARCH 2013, IN 5LAKS HOW MUCH AMOUNT SHOULD TAKE FOR PRELIMINARY EXPENSES WRITTEN OFF..?

1886


In accounting, how do you define the premises?

1264


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

1072