Accounting Interview Questions
Questions Answers Views Company eMail

State why you feel you are suitable candidate for the post applied

ATS,

1 3624

if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?

1413

what is rate of vat in raj.

2 3440

how to modify 12% to 13.5% in tallyerp9 release 1.6

Reckers,

1758

We may get profit or loss from business. If so we can name the statement as Profit or Loss account. But since a long time we are naming it as Profit and Loss account. Why?

1 2584

What do you mean by Debit and Credit?

5 9699

What is GAAP ?

Capital IQ,

7 11141

Gross Profit Margin ?

Capital IQ,

3 9982

Please tell me jurnal entries for input vat and output vat?

1 3689

what is the main defference between cash flow and funds flow

Chartered Accountant,

2 5727

what are the main tools of auditing?

Axis Inspection Solutions, Fidelity, Sri Padma Balaji,

2205

what difference b/w capital structure and financial structure?

1 3325

How shall I calculate the true profit of my business, as I am a layman for accounting.

1547

what do you mean by bank reconocilition statement

2 3920

What is the different between Tally 7.2 & Tally 9.0

2 10818


Un-Answered Questions { Accounting }

sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example

1458


Explain me is any difference between inactive and dormant accounts?

625


an amount deducted from the catalog price for an item of merchandise is called?

14286


"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...

1384


In South Africa, the value added tax is administered by?

1231






What is an internal audit?

688


What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?

1990


Expand SCERT

1795


Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.

1319


Occasionally it is said that issuing convertible bonds is better than issuing stock when the firms shares are undervalued. Suppose that the financial manager of Decent Furniture Company does in fact have inside information indicating that the decent stock price is too low. Decent furniture earnings will in fact be higher than investor’s expectations. Suppose further that the inside information cannot be released without giving away a valuable competitive secret. Clearly, selling shares at the present low price would harm Decent’s existing shareholders. Will they also lose if convertible bonds are issued? If they do lose in this case, is the loss more or less than it would be if common stock is issued? Now suppose that investors forecast earnings accurately, but still under value the stock because they overestimate Decent’s actual business risk. Does this change your answer to the questions posed in the preceding paragraph? Explain.

2210


Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?

612


how to geting finished goods cost with included it's all BOM and all production order cost in sap?

1445


What is a comprehensive income?

636


EXPAND______________ICT

1551


what is the full rate of cst/vat of building material ?

1992