Accounting General Interview Questions
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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 5951

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 15325

define contra entry?

8 12403

Rent paid out of your personal cash 3000 SAR

9 20602

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,

2011

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

1 13845

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

3 34160

what is trial balance.?

4 5778

trial balance is not a conclusive..?

4 4538

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 4230

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 4224

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

9 8440

what is the meaning of tax invoce & retail invoice

Deloitte,

1 5800

What is general entries for Deffered Tax?

KSK Energy,

2292

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

2 4131


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Un-Answered Questions { Accounting General }

How to make deductions of the employees from salary against the loan in AP module oracle R12

1676


When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .

1155


WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?

5032


Explain what is the disadvantage of double entry system?

597


what is cost unit n what is cost sheet?

1742






What is an interest rate swap

1676


How can you do credit control?

675


what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?

1660


Unrealised profit will be debited to ?

1447


Do you possess any knowledge about accounting standards?

643


Do you know in accounting, vat abbreviates what?

642


Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax

2345


What is the entry for provision?

596


Tell me what is gaap?

604


"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

1612