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Accounting Interview Questions
Questions Answers Views Company eMail

what is goods in transit and how to pass an entry

SK Industries,

20 178782

What is debit and what is credit ?

4 7185

What is accounts?

6 8166

Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P

2634

What is the meaning of Debt reconciliation and how to do debt reconciliation?

Genpact,

2462

what is meant by inter trading

Karvy,

2 7189

what is meant by factorising

1 3660

Can anyone mail journal entries for me? my Mail id rukmini@live.in

1915

how is the due date calculated. invoice date + payment terms or invoice received date + payment terms or it depends upon the company

3 4935

what is a contra entry how it is passed in journal and cashbook

5 12634

What is the treatment of Live Stock ? if it is transfer to the Profit & Loss Account or otherwise it will be treated?

2 4872

Sir, My company was formed in the Financial Year 2007-08 and during the year there is primary work i.e. instalation and sitattion work carried on. Now, the Company has started the Production activity form the Financial Year 2008-09 i.e. 14/04/2008. The question is that if the company is entitled to get the Addition depreciation U/s. 32?

Datamatics,

1 2679

My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.

SK Accountant,

2116

Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?

1 4015

what do you mean by return in taxes

1 4522


Un-Answered Questions { Accounting }

Why we reconcile our debtors? what steps we taken during reconciliation.

2070


plz send me the apptitude question papers of wipro

2105


Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?

3757


if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)

2176


Expand-------NAST

2192


explain the special provisions for computing profit and gains of retail business

2162


#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY

2013


I wana give interview as a accountant what the question will asked by interviewer ??? Please suggest me so I can clear inteview. abhinandan

2030


what is mba tell me the more benefits in mba

2210


Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.

2149


which type audit for your company account

2289


1.tell me five points of check list of an audit. 2.what do you checking in statutory audit.five main points. 3.what do you checking in internal audit five main points. 4.which five major points checking according to caro.

3210


what is the cost and financial accounting? what is double entry system ?

2127


what is a reducing balance method and depreciation fund investment method and 2 diffrences?

2550


List of Indian accounting standards and international financial reporting standards

1745