Accounting Interview Questions
Questions Answers Views Company eMail

What is the meaning of contra entry

3 4281

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

ATS,

1 1820

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

359

what is rate of vat in raj.

2 1219

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

Reckers,

664

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?

1 940

What do you mean by Debit and Credit?

5 5028

What is GAAP ?

Capital IQ,

7 6004

Gross Profit Margin ?

Capital IQ,

3 6332

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

1 2036

what is the main defference between cash flow and funds flow

Chartered Accountant,

2 3483

what are the main tools of auditing?

Fidelity, Axis Inspection Solutions, Sri Padma Balaji,

983

what difference b/w capital structure and financial structure?

1 1705

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

400

what do you mean by bank reconocilition statement

2 1773



Un-Answered Questions { Accounting }

who is the pramotar?

281


Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

1002


Physician samples should be charged under CST @ 5% manufactured in H.P. and transferred to other states

746


We had paid TDS against rent in assessment year 2009-2010. But by mistake one of the pan no of the landlord was wrongly entered. Now the demand has been raised. Please advise how to correct the situation.

350


what is futures and options?

464


What is mean by Asset area?

627


what did you mean by cash credit limit account ?

1081


give me only one transactions in both side (debit&credit) should be in real accounts

513


Please let me know Under head of Sales Advance?

420


WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.

500


How new/innavtive assets are to be treated under IFRS?

366


I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.

137


Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?

390


Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?

982


what is dmat charges?

321