Accounting Interview Questions
Questions Answers Views Company eMail

What rate of sales tax will be applicable on printing machine spares selling from haryana to other state.

3 4589

What will be the journal entry for advance payments made to the other parties?

5 12777

How auditing is prepared?

Cian, TCS,

1910

how tds is calculated?

1 3733

A SUPPLIER FROM GUJARAT IS ASKING 15% CST AGAINST SUPPLYING OF LIFT IN PUNE (MAHARASHTRA) IS IT APPLICABLE OR NOT?

Nitin Art Infrastructure,

2 6784

Is sales against H Form Either in Punjab or out of Punjab treated as Zero rated sales in vat 15 form in Window showing as Break up of Zero rated sales: Direct export out of country; Sales against H Forms Or it is treated as seprate

3119

WHAT IS DIFFERNCE BETWEEN CREDIT & DEBIT

4 5459

amounts for which esi,pf n tds get applicable ???

1 4310

what Is the ITc Claimed. how to utilized the ITC.

1559

Hi Friends! Pls clear my doubt.... Is there any changes made in TDS rate for the A.Y. 2012-13?

Infosys,

1 3122

What is the due date of Filing PF return? Is it being filed half yearly or annually?

Honda,

1 4017

what is the rate of exices in haryana

2 3486

why could the companies conduct interviews, with out recruiting people?

2 3175

Explain Sundry Debtors and Sundry Creditors.

SVE Drilling Tools,

17 136007

what is contingent liabillity ?

Siemens,

6 6816


Un-Answered Questions { Accounting }

Short Answer on _________________City Compensatory allowance

1498


How to calculate long term capital gain

1665


What are control ledgers?

650


What is trial balance? What does an accurate trial balance suggest?

587


fill in the Blanks Share Holders in Company have _____________Liability

1510






were you happy with the grades you achieved at a-level?

592


IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?

1724


HOW TO MAINTAIN BANK A/C

1611


How to pass the entry in tally for demolished of building?

2184


what is actual flag?

89


explain the financialand economic meaning of investment?

1721


why gross profit transfering to profit & loss account

3569


2. You are required to prepare a Profit & Loss Account for the year ending 31st December, 2007 and the Balance Sheet on that date. The Trial Balance of XYZ Ltd. for the year ended 31st December 2007 is as follows:- Trial Balance of XYZ Ltd. as on 31st Dec. 2007 Debit Balances Rs. Credit Balances Rs. Materials used 3,50,000 Sales(including 2% Sales tax) 9,18,000 Cost of Labour 1,50,000 Sale of Scrap 100 Stock, finished and work in process on 31st December, 2006 50,000 Rent received 2,000 Wages : Factory Staff 15,000 Discounts 2,750 Directors Remuneration 50,000 Recovered against fire claim re : Stock 5,000 Salaries : Clerical Staff 75,000 Capital : Equity 25,000 Insurances : Workmen’s Compensation 1,500 Preference- 9% 8,000 General, fire etc. 2,000 Creditors 1,56,000 Directors’ Life Insurance 1,500 Provision for Taxation 1,05,000 Maintenance : Buildings 1,000 Profit & Loss Account 13,750 Plant and Machinery 12,500 Rent and Rates of premises and hire of plant 20,000 Heat, Light and Power 15,000 Experimental and Laboratory Expenses 10,000 Canteen Expenses 5,000 Staff Welfare expenses 2,500 Motor Expenses 12,500 Professional Charges 2,800 Postage and Telephone 3,500 Books, Printing and Stationery 11,000 Sundry expenses 10,000 Carriage and Packing on Sales 3,300 Discounts 5,000 Debtors 1,78,000 Freehold Property 50,000 Plant and Machinery 12,500 Fixtures and Fittings – Offices 3,500 Office machinery and Equipment 3,000 Motor Car and Van 6,500 Stock of materials on 31st Dec. 2007 1,20,000 Bank 38,000 Sales Tax Paid 15,000 12,35,600 12,35,600 Depreciation is to be provided at the following rates: Plant and Machinery 10% Fixture and Fittings 05% Office Machinery, etc. 10% Motor Vans and Cars 25% The stock of finished goods and work in progress as on 31st December, 2007 was Rs. 35,000. Provide for preference dividend and ordinary dividend at 10%. The total taxation liability is estimated at Rs.1,50,000 of which Rs. 75,000 relates to the current year. Debtors include Rs. 10,000 deposited as security against government contracts. The Works Manager is paid partly by salary and partly by a commission; he is entitled to a commission of 5% on the amount by which the surplus in the factory cost exceeds 20% of the sales for the period. Charge the commission if any in the Profit and Loss Account.

1788


Recent banking question for 2015 interview for scale2 exam of sbm

1407


what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.

1895