| Other Accounting General Interview Questions |
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| Question | Asked @ | Answers |
| |
| What do you mean by depreciation? | | 3 |
| What is contra entry? | | 5 |
| purchased a laptop for Rs.50000 and received one calculator
costing Rs.1000 for free. Both laptop and calculator
(stationery in nature) are meant for office use.What will
be the journal entry in the books of both the parties? | | 6 |
| Why is Income statement prepared? | | 5 |
| What is general entry credit purchase? | | 5 |
| Factors that affect the requirement of working capital ? | | 1 |
| Needs for capital | | 1 |
| Name three (3) fixed-income security types | | 1 |
| What is Venture Capital ? | | 6 |
| what is contingent liabilty, how it shows in balance sheet? | | 1 |
| What are the difference between P/l a/c and income and
expenditure | IBM | 1 |
| What will be the journal entries in case of tax collevted
at source. | | 1 |
| WHAT WILL BE JOURNAL ENTRY OF COST OF GOODS SOLD. | Ernst-Young | 3 |
| Difference between P/L a/c and Trading a/c | | 6 |
| what is thr differences between sales & sales invoice ? | | 5 |
| what are the General Ledger (G L)Accounts? | | 1 |
| how long we keep invoices for recivables and there is any
neccesary to keep delivery challans | | 2 |
| How to transefer data from tally 9.0 to excel to do
simuntennis | | 2 |
| stock taken as drawing what should be the accounting entry | | 2 |
| wat is ledger posting | | 2 |
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