Accounting Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

Gross salary is 762000, PF deducted 38000, ESI deducted 6700, TDS deducted 6000, Advance deducted from staff 12000, net salary sent to bank 699300. How do we enter journal in Tally 7.2

3 8060

if sale is rs 500000 lac and book profit is around 40000 thousand, what is the procedure to pay salary to working partner.should is pay as per deed or should i go with slab in which i can pay 90% of book profit as salary

1 3682

Which steps in Procurement to Pay process does FI documents get created.

2132

What is a Goods Receipt

1 3790

Explain the Invoice verification process

2775

What is an Automatic Payment Program ?

2133

How do you add/remove a payment block for particular invoice ?

2195

What are negative postings?What are Credit memos ?Payment Requests ?

2168

Why is an ‘Alternate Payee’ used

1 3173

What is ‘Dual Control’ in Master Records?

1 4038

Un-Answered Questions { Accounting }

why would you like to opt nbp

2069

what is a depository?

2810

what is apply SI post

2120

If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .

2241

Explain me by saying, perpetual or periodic inventory system; what do we mean?

1159

what is tds rate of WCT applay for sale tax ragistard company.

2614

what is the method of work contract tax computation

2853

what is cc limit and what role accountant play to maintain it?

2174

Short Answer on ___________Finance Bill

2046

Tell me entries to revenues accounts such as service revenues are usually?

3781

WHAT IS NPF IN ACCOUNTS. AN ENTRY IN BANK STATEMENT" NPF SOME NAME XXXX DR SIDE" PLEASE ANSWER WHAT IS NPF?

6560

How can I Return CST Form-I

1715

Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?

1911

What is total income?

1799

Define tally accounting

973

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