Accounting Interview Questions
Questions Answers Views Company eMail

hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..

1580

When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?

1465

we are selling a device for 6000 and the company want to replace that device with a new device which is a bit more than the prior price say 7000. how we can account this?

Calsoft,

1 3379

we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?

1 2719

what is deferred profit ?

2 4929

Hey can any body tell me..What are negative assets?

1600

what is the principal of accounting

2 3580

How much time does it take for a pay order to be made?

1 3255

what about present pf rate can anybody defined clearly

2 3229

What is the difference between financial accounting and management accounting?

2 3825

What do u mean by Vouching? What is Vouching?

2 4737

What is the posting of TDS Receivable in balance sheet

7 29406

is depreciation a fictious assets?

2 5352

Hey guyz I m looking for a Job in Accounts Sector can anyone help me I hve 2 yrs of work experience...

1 3032

What is corporate assesses?

Genpact,

1940


Un-Answered Questions { Accounting }

What is absorption costing with defination? and what is marginal costin with defination?

2514


why only 6 months interest is charged on drawings

1706


my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

1503


what are the models of valuation of the company

1536


What are the excise duties in our state?

2023






Is buy or sale trade will impact on Nov? Yes/No Please explain.

1448


Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide.

1770


how to do finalisation account ,pls tell me step by step ?

2043


pls let me know double entry of 'LEASING"

1636


give 3 reasons why capital is referred to as a special liability

1323


I am working in govt. sec. How to make journal entry in books for Fix Deposit

1423


i have recently joined a bank as probationary officer.i ant to know hich of the two options bellow will be benefitial:- 1.receiving HRA or 2.receiving lease rent from the bank.

1654


what is finance what is bpo why do u want join a BPO types of process in BPO Company's

1598


What is the difference between General Ledger and Ledger?

901


how to calculate basic to gross salary

1509