Accounting Interview Questions
Questions Answers Views Company eMail

Compute the following selling price for the follwing item: Basic cost CST @ 4% on basic cost freight & insurance Rs 200/- Margin @ 15% on selling price

2 5295

a) what are the rate of employees & company's contribution for PF & ESIC? b) what is the ceiling in case of ESI deductions? c) what are the due dates for paying ESI/PF

Ess Dee,

6 16092

Calculate the profit/loss on sale of the following assets as on 30th september 2000 cost of the asset on 01.05.95 50000/- Salvage Value 5000/- Method of depriciation & date WDV 15% sales of asset on 30.09.2000 Rs 25000/-

4 10072

Name any 3 heads shown under assets side of balance sheet.

7 12593

An advance of Rs 10000/- is received from customer. pass necessary journal entries

16 49616

Under which headings the following transaction appear in bank reconciliation as on 30.06.03 particulars Interest debited by bank Chq issued to suppliers not appearing in bank statement Chq deposited not appearing in bank statement Income not accounted in books appearing in bank statement

1 3286

Interest of Rs.30000/- is received from deposits Tds of Rs 7500/- is deducted by the bank please pass the necessary entry for the same

4 9402

Professional fees of Rs.30000/- is paid to a consultant ABC & Co. please pass the necessary entry for the same

43 93864

Where does TDS payable & receivable appear in the books of accounts

Northern Group,

5 26834

information about IBM.

IBM,

2 5087

what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?

1762

When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?

1748

What will be entry if company purchase a dog for ware house?

14 19536

Which asset is depreciated in tangible?

3 5308

Sms service provider's bill (tds applicable or not)

Emerson,

8 26267


Un-Answered Questions { Accounting }

I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.

1611


I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule

1953


all ques. related to accounts?

1658


Please help me with the accounts head for the below ledgers for e.g. for Salary A\c - Indirect Expenses is the account head in tally. what is the account head for below ledgers. Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary Payable A/c Dr. xxx To Cash / Bank A/c xxx

2271


Where do we create House banks and what is the process in sap fico

945






what is Sums on Finalization of Accounts?

1609


why do you think you are sutable candidate for this post

1571


What are Home Equity Loans ?

1716


what's accounts payable

10588


Explain the word Liquidation

1494


purchase return liability or asset?should it be included in the balanced sheet?

1029


What is the provision?

623


EXPAND___________LNG

1524


What are rollup groups?

89


What is form c & d in sales tax?

685