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

Audit (531)
CompanyAffairs CS (172)
Taxation (2208)
Accounting General (3976)

Oracle General Ledger (64)
Accounting AllOther (4595)

Accounting Interview Questions

Questions Answers Views Company eMail

Would like to know all the situations under which a "C" Form is issued?

1 2241

i have purchase flat Rs.51279327/- + stamp duty registration charges + MVAT + Service tax = 5332370/- & other charges Rs.2012540/- please late me journal entry in Fixed asssets.

True Fit,

1 2183

hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj

Indian Timbers,

1664

what is the rate of vat,cst,in mumbai

1701

how many times we can deposit the old currency in one a/c in the bank

2191

Please help me in this entries Pass accounting entries for the following transaction in the books of XYZ company. A rendered professional service to company XYZ and sent an invoice dated 01/01/2016 for Rs 1,00,000/- + service tax Q1. Pass journal entry for the invoice received considering the service tax and TDS. Q2. Payment was made on 01/02/2016 by cheque. Pass payment entry.

R D Traders,

1701

The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).

2119

Which books are helpful for practising accounting's most tricky sums?

1592

journal entry for interest collected by account holder from the bank?

1 2526

bill receivable is showing what A/c ( Real, nominal, personal)

ICA,

1 2616

My BASIC Salary is 18,000

Tonia Liquor Industries,

1805

Do I need a waybill in the following case:- If I purchase (on bill) small quantity goods (like artificial jewelry) from one state (say Delhi) and transports it personally (say via flight) to other state (say West Bengal) along with my personal belongings and then I put them to sell through my boutique in that state. Do I need waybill? If yes, what will be the procedure? Do I need to pay entry tax at WB? What will be the procedure? Am I doing anything unlawful while transferring goods personally? Please give your advice. Regards, Manoj

Heritage River Journeys,

1596

You own 50 shares of reliance indu. On 30th Jan 2013 Reliance indu.delcared a dividend fo rs 4 per share. The proceeds were credited to your bank account on 25th March 2013. Payment fo dividend was subject to a withholding tax 2%. Please pass the necessary journal entries in your books of accounts for the period Jan and March 2013.

AXA Business Services,

1993

How should the personal assets of a salaried employee be shown in his books of accounts ?

CA,

1705

saji become insolvant -what is journal entry

1782

Un-Answered Questions { Accounting }

In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?

2156

I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?

2061

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

2196

What is the difference between the excise duty and the sales tax?

1135

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

2168

which is the first liability for pay Service Tax to GOvt

1863

give the examples of Error of Duplication?and Error of compensatin? with entries

4716

what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......

2131

How to Calculate PF with interest or without interest.

3324

• What are the types of cash flows?

2242

what would you contribute for bhels growth

2069

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.

1780

what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record

2269

Do you know balancing in accounting?

1021

INTE3RNATIONAL ACCOUNTING STD

2279

For More Un-Answered { Accounting } Questions Click Here