Accounting Interview Questions
Questions Answers Views Company eMail

what type account are below Debentures Bank overdraft

1580

why is service tax set off is consider while calculating wct tds

1556

Why service tax payable is not considered while calculating Wct Tds.

1 3902

CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.

1795

When does the Invoice price variance arise? What is the accounting entry?

Genpact, HSBC,

6 11238

differ the revenue expenditure and capital expenditure

1 3083

If grant is receivable by head office, but it is directly received by branch then what entries should be passed in branch and head office in tally

2 3901

IN ONE OF THE MAUNUFACTURING COMPANY, THE MANAGMENT WAS VERY MUCH INTERESTED TO INTRODUCE ERP(IT IS FOREIGN SOFTWARE)BASED ON SOME ATTRACTIVE FEATURES EXPLAINED BY THE ERP SOFT WARE COMPANY/AGENCY . THE ACCOUNTING STAFF ARE ALL CONVERCENT WITH TALLY ACCOUNTING PACKAGE(INDIAN ACCOUNTING METHOD). THEREFORE THEY WOULD LIKE TO KNOW THAT (I) WHAT ARE THE DIFFERENCE BETWEEN A TRIAL BALANCE FROM NORMAL TALLY ACCOUNTING AND ERP GENREATED TRIAL BALANCE (2) SINCE THE BOTH THE TRIAL BALANCE WILL BE HAVING DIFFEERENT DATAS HOW SOME ONE CAN MAKE A FINAL ACCOUNT SUCH AS TRADING A/C PROFIT & LOSS ACCOUNT AND BALANCE SHEET AS PER INDIAN COMPANIES ACT. THE TRIAL BALANCE AS PER ERP SHOW SOME COST OF PRODCUTION A/C, LABOUR/MATERIAL/VALUE VARIANCE A/C. SAY ALL THESE VARIANCE ARE CORRECT AND BASED ON THE ACTUAL TRANSACTION TAKEN PLACE, HOW SOMEONE CAN A FINAL ACCOUNT MEANT FOR INDIAN ACCOUNTING POLICY WHICH TO BE SUBMITTED TO VARIOUS GOVT BODIES? I AM TOTALLY CONFUSED

1 2976

3 dost 1 hotel me khana khne gye to unhone 75 rupye diye aur hotel ki malik ne unhe 5 rupaye wapas diya aur 2rupye water ne rakh diye aur une 1,1 rupye diye aur 1 rupya kha gya

2 15084

Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP

1604

if u r work in showroom as a accountant. one day owner's friend is come into his showroom and he want to buy a 1 track-shoot but he confused and he take 3 track- shoot with us and reply he only pur. 1 track-shoot & 2 track-shoot return after 3 days. so now what is entry passe in account.?

1 2158

how many tds payable if i win 15000 only 5000 or whole amt

2 3578

what is the case assesment of sales tax and vat.What is the proof of this case assesment.why we use the challan-c...???? Plz tell me someone...???

1796

We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.

1738

what is the journal entry for this situation? and why? situation: Gratuity for this year TK1000000,which TK700000 shows in income statement and TK150000 will shown in next 2 year each.(this is a management decision)

1 3240


Un-Answered Questions { Accounting }

while raising credit note for price difference,is it mandatory to charge excise duty 12.36% and vat 14.5% on local supplies

2085


how much cash transaction to single transport company per day and also per year

1210


Who uses accounting?

779


Define retail banking?

714


Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method

2036






Define overhead in terms of accounting?

719


what is penaultimate sale

1658


Explain what does the standard journal entry includes?

708


i need sbi bank clerk exam model question papers

2011


why is service tax set off is consider while calculating wct tds

1556


Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P

2188


what is D-1, D-2, Vat-C4,

2201


I want to know about the site where i can do online application for F form. Please suggest site address and procedure.

1614


By saying, perpetual or periodic inventory system; what do we mean?

827


What is the content of purchase order? n content of voucher? what is the main use of voucher.

1631