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Accounting Interview Questions
Questions Answers Views Company eMail

how can we prepare cash deposited in bank? how we can post it in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post)

 1 3622

cash transferred from sbi to andhra bank? how we can post it in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post)

 4 32928

in tally where depreciation can shown? and how it can be shown?

2 3898

capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)

 1804

how we can show cash deposited in sbi? in tally (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post)

 1 2799

how cash transferred from sbi to andhra bank can be post in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post)

 1 3652

how depreciation can be post in tally? for ex : dep on land & buildings (in which vocher we can post it)

 9 55807

Sir i am fresher and i am going to join in an educational institution can you give me suggestions regarding how to work with Tally and what type of entry's may i get there.

 1 2464

How to analyse the day to day sensex Points or Forex Values?

Cognizant,

2263

Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-

 1512

i received commission with deduction of tds how to take entry in my books. commission Rs.90000 Tds.10000

4 10852

I AM INTO AN EXPORT COMPANY MANUFACTURING GARMENTS. I AM PURCHASING AN INTERSTSTE ITEM AND PROVIDED FORM H NOT C. COULD I BE ABLE TO GET ANY EXEMPTION FROM TAXATION AND WHEATHER I HAVE TO CLOSE MY SALES TAX ACCOUNT FOR PROVIDING FORM H, AND IF AGAIN I COULD BE GET ANY EXEMPTION FROM FORM C ISSUING FOR THE SAME COMMODITY AND SAME SUPPLIER.

 1558

which subsidiary book is source of these:debit note,credit slip,

Banking,

1559

WHAT IS THE ACCOUNT PAYBLE

1 3522

how many types of currencies are there in oracle r12

 1523

Un-Answered Questions { Accounting }

What do you understand by transfer income?

650

Case Study: Deepak Hand tools Private Limited DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?

5949

Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33

1565

WHAT IS THE PROVISION FOR NET PROFIT & LOSS IN PVT LTD CO & LTD CO GIVE ME THE EXAMPLE WITH ENTERY ON MY EMAIL sonidilip87@yahoo.com

1536

What is an operative accounts?

638




Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.

1462

What is Direct Debit

1706

what is difference among credit, loan, advance

1456

how can i settle the party ac with cr & dr

1576

What is a ledger in regards to accounting?

652

why you would like to work for the our(AIRLINE) Group ???

1654

What is the entry to be passed on receiving the tds certificate in the books of the deductee?

2199

What to do after the audit?

620

How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.

1164

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

1793

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