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Accounting Interview Questions
Questions Answers Views Company eMail

If any one provide TDS and Service tax Rates from 2003 to 2010

Essar, Reliance,

2 6315

What is cash profit

Capital IQ,

2 7888

genteral interview question for accounting

Capital IQ,

2 7072

how to account pre incorporation expenses

Nestle,

4 42645

What is the fullform of WCT? Can anybody tell me about this? How and where are we using this?

2 7860

what is upper circuit & what is lower circuit? please guid with an example?

1 4199

Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?

2228

whether VAT is an asset or liabilities?

TATA,

12 81788

SHADOW BALANCE SHEET

HCL,

1 13645

From the following data calculate (i) P/V Ratio (ii) Profit when sales are Rs.20,000 and (iii) the new Break-Even Point, if the selling price is reduced by 20% Fixed expenses Rs. 4,000 Break-Even-Pont Rs. 10,000

Apollo, MBA, Techno Labs,

8 89406

The following suggestions are under consideration: (a) 10% reduction in price to yield an increase in sales volume from 6600 to 7400 units. Current unit price Rs. 1,000 Unit variable cost Rs. 500 Fixed cost Rs. 30,00,000 Prepare a statement comparing gross revenue, profit, contribution and P/V ratio of the two alternatives with present results. Which suggestion would you recommend?

3 6651

Hi frnds, can any one tell me how much funds has to be there to convince financially sound during the visa interview and what supporting documents has to be produced. What is backlogs means.....hope the best known will answer.

2061

Why provisions are made & what will be the Journal entry for different types of provisions.

CyberSoft,

4 78619

what is profit & Loss Appropriation A/c. why it is prepered? what are its benefit for a company.

3 7997

If i want to change a proprietor concern yo a partnership concern. do i have to pay full tax on every product i have in stock or just simple make a partnership deed and apply a new pan card and register in sale tax department ?

2041


Un-Answered Questions { Accounting }

what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???

6085


what is excise

2312


How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?

2948


what is crisil?what is the advantage of crisil rating?

3632


fiscal year variant Vs posting period variant

2109


is a pvt ltd. comp. can give advance against salary to his director.

2016


I am a civil Engineer consultant. On an item for example Rs.100, I am adding 4%WCT ie., Rs.4 and I am certifying the contractor bill for Rs.100.00 + Rs.4.00 = Total Rs.104.00. But my client is deducting 4% on Rs.104.00 ie., Rs. 4.16. So, finally contractor is losing Rs. 0.16 on Rs. 100 which amounts to lakhs on the project value. Can you please guide me on this? Santosh Kumar

2202


Mention the types of accounts involved in double entry book-keeping?

1082


One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?

2698


I AM A/C'S MANAGER IN CONSTRUCTION CO.WE TAKE TRANSIT MIXTURE ON RENT BASE FROM OUTSIDER.THE SUPPLIER CHARGE VAT ON THAT MACHINERY @ 15%,IS IT TRUE? IF YES PL.SAY ME WHICH SECTION APPLY UNDER THIS LAW OR NOTIFICATION OR CIRCULER FROM COMMERCIAL TAX DEPATMENT.

2643


whether bills of exchnge can come under the category of reserves and surplus

1911


Define fair value accounting?

1082


How do we calculate the cost of investment?

1774


What is capital adequacy ratio? What is demat account?

1085


is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me

2298