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Accounting Interview Questions
Questions Answers Views Company eMail

The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690

1 7488

Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572

2407

What is rate applicable of WCT in J&K

2 12243

What is the TDS ? what is fORM C & FORM 16A?

2 10305

How to calculate entry tax ??(In karnataka) Pls advice me complete computation details.

8603

What will be the TDS deducted for Net salary of Rs. 10,500 for month

2 5635

What are the taxes applicable to Diamond industries? Please let me know. Thanks.

1 4973

What is the Difference among COST,PRICE and VALUE?

2 5778

incase we sold to the goods to a indiviucal person to other state,but its claimed a form 'C' ?

2 4788

what is the use of memmorandam voucher in tally ?

1 4551

What is the WCT percentage under which the amount is being deducted in Punjab. Under what Notification and dated when???????????. Serious Senor I need the answer other wise I would not have posed this question; Please send the answer to the mail address.

2649

I have 3 units, can i vat returns all the three units only one vat form

2 4554

I have deducted tds on salary from pay slip for employees for this how to deposit govrt. department. is there any form to fillup, pls tell me the which form to be used.

2 9045

I Give a Cheque for IPO in Saving Bank Account , What entry in tally accounting softwer With Example

2 9303

how i will pass the journal entry for the shipping charges

1 9070


Un-Answered Questions { Accounting }

what is procedure of calculation of TDS by bank?

2087


We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?

2110


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

2052


Explain in simple terms what is the difference between asset, equity, and liabilities?

1096


how will one calculate TDS when the bill is with service tax (SAY an AMC bill ) and what treatment will be there when it is a rent bill with service tax. is there any rules in income tax as to deduct double taxation?? pls help with rules sir

2004


Define retail banking?

1105


Explain financial accounting.

1186


Hi All, Can any body Explain the End to End Flow of Product Costing in SAP with Integration Point and Journal Entries Involved in the Flow ?

1999


Who are non resident?

1115


Audit strategy based

2469


We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds

2263


what is the nature of bill receivable and consignmenta/c

2432


i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise

2389


what is CDD’s configuration

2329


How is income tax calculated?

1102