Accounting Interview Questions
Questions Answers Views Company eMail

what is rate of service tax for construction co?

1 4638

My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?

Emco,

1611

what will be entry if fixed deposit mature & bank deduct tds also on it

3 22953

differences between liabilities and assessts

1 3757

What is bank reconcilation a/c

Accenture, Genpact,

6 10098

what is profit maximisation

1639

what is a financial statement

2 4375

what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?

IBM,

1488

Capital secure should be shown in which side of the balance sheet?

ICAI,

1886

what is the definition of derivative, what is a security?

2 3619

What is the Meaning of Current ratio?

3 4963

WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?

IBM,

1751

what is windows dressing final accounts?,sales a/c belongs to which a/c type?

Angel Broking, OPI Global,

1630

How calculate holding company account?

Reliance,

1631

What is holding company?

3 4249


Un-Answered Questions { Accounting }

How does accounting contribute to the community?

644


I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.

1466


What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).

1395


Explain me what is tally accounting?

572


what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?

2115






Do you know company's payable cycle?

665


Tell us how can you define departmental accounting?

590


What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.

34154


tds will be charged by hotel industry on what

1285


explain the difference between LIFO and FIFO?

727


Is wct charged on firm or proprietors ?

1112


How to pass workscontract sale invoice which includes WCT & VAT.

1793


in relation to pioneer industries, explain the following terms:1,production day. 2,certificate of qualify expenditure. 3,income tax relief. 4,pioneer certificate 2. list seven pioneer industries which fall under pioneer status as contained in the industrial development act 1971

2699


we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?

1620


sir i want to know that where we taken entry of sals return in excise in manufecturing unit tell me .

1674