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Categories >> Accounting >> Accounting General
 
 


 

 
 Audit interview questions  Audit Interview Questions (422)
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 Accounting General interview questions  Accounting General Interview Questions (2781)
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Question
distribution of gift in diwali to employee & buyer!!
what's suitable expences head.


 Question Submitted By :: Guest
I also faced this Question!!     Rank Answer Posted By  
 
  Re: distribution of gift in diwali to employee & buyer!! what's suitable expences head.
Answer
# 1
This transaction expences head for employees is Staff
welfare and for buyer sales promotion.
 
Is This Answer Correct ?    17 Yes 2 No
Amit.erp
[KSL Group Of Companies]
 
  Re: distribution of gift in diwali to employee & buyer!! what's suitable expences head.
Answer
# 2
The expenses head should be Staff welfare for employye &
Business promotion for buyer.
 
Is This Answer Correct ?    5 Yes 1 No
Anand Soni (bcpl)
 
 
 
  Re: distribution of gift in diwali to employee & buyer!! what's suitable expences head.
Answer
# 3
we can called it as Gift & Periodical under indirect expenses in tally 
Is This Answer Correct ?    0 Yes 2 No
Ali
 
  Re: distribution of gift in diwali to employee & buyer!! what's suitable expences head.
Answer
# 4
In FBT Regime it was Festival Expenses. can post it as
Diwali expenses too .
 
Is This Answer Correct ?    2 Yes 0 No
Arvind
 
  Re: distribution of gift in diwali to employee & buyer!! what's suitable expences head.
Answer
# 5
If we are dustributing gifts in staff than it should come
under staff welfare & in case of buyer, it shoul under BP
i.e. business promotion.
 
Is This Answer Correct ?    1 Yes 0 No
Anand Soni
 
  Re: distribution of gift in diwali to employee & buyer!! what's suitable expences head.
Answer
# 6
This is under head on General Expenses only.
Staff and welfare is only for staff.
 
Is This Answer Correct ?    1 Yes 0 No
Anoop.m
 

 
 
 
Other Accounting General Interview Questions
 
  Question Asked @ Answers
 
How to prepare balance sheet   2
how can we do salary entry. inwhich gross salary, da, hrs, pf esi etc. included. tell me what is the journal entry for this type of question.   3
How to File CST & VAT? IBM 1
what is the finalisation of accounts,   1
capital is a assets but its shows in liability side. why?   11
What is the difference between Discount & consession?   3
What will be entry for that: Busines strarted with brrowed cash Rs. 25000 from Mr. X. if capital will be creadit. ???????????????????????WHY???????????????? IAS 5
what is Depreciation   5
On what basis you will define accounting structure Meru-Cabs 1
entry of salary after deducting esi and pf fiat 2
What is the purpose of preparing BRS? What are the uses?   2
what is p2p and waht is the p2p cycle accenture 1
 
For more Accounting General Interview Questions Click Here 
 
 
 
 
 


   
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