Accounting Interview Questions
Questions Answers Views Company eMail

what is SEC?

Genpact,

5 3883

contingent goods?

Genpact,

6 16683

IS CASH DISCOUNT/RECIVED IS OPERATING EXPENSE/INCOME?

2 8171

why is preliminary expense an asset..??

585

why is interest on capital an expense....??

3 9241

why preliminary expenses are written off every year from profit and loss a/c.??

2 4314

What is the defination of job costing, batch costing and contract costing?

2348

what is the defination of unit costing and process costing?

4 2758

Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?

777

What should be the TDS Deduction for technical consultancy received from Malta to an Indian Company

2 1768

WHAT IS ER-1, ER-2, ER-3, ER-4, ER-5,ER-6,ER-7

23 83735

"DUTIES OF AN AUDITOR IN VERIFYING PURCHASE OF A BUILDING" PLEASE REFER ME A BOOK TO SEARCH FOR THIS

2 1473

what is Debit?

3 2359

what is Credit?

8 3770

What is Amalgamation

3 2934



Un-Answered Questions { Accounting }

i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?

470


What is DSCR and how to calculate the same.

1893


hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.

599


WHAT IS TAXATION?

775


How does the ration analysis help in depicting profit and loss

540


Physician samples should be charged under CST @ 5% manufactured in H.P. and transferred to other states

753


A computer purchased for the use of Branch & payment would be made by company. What would be the entry in the books of Branch ?

357


what is mean by provision ? give me examples ..

407


Sir, Now, i am purchasing ply wood, board, and other material for my office furniture. But now the furniture is incomplete so what would be the journal entry for this exp. in book.

462


If A manpower supplier bills to a acompany for rs.100000 for pure labour supply what entry will be done in terms of reverse charges.

329


if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?

361


A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500

376


what is payment written

436


Short Answer on _________________City Compensatory allowance

386


From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900

546