:: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Categories >> Accounting >> Accounting General


 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1900)
 Accounting General interview questions  Accounting General Interview Questions (2813)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4364)
distribution of gift in diwali to employee & buyer!!
what's suitable expences head.

 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
# 1
This transaction expences head for employees is Staff
welfare and for buyer sales promotion.
Is This Answer Correct ?    17 Yes 2 No
# 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)
# 3
In FBT Regime it was Festival Expenses. can post it as
Diwali expenses too .
Is This Answer Correct ?    2 Yes 0 No
# 4
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
# 5
This is under head on General Expenses only.
Staff and welfare is only for staff.
Is This Answer Correct ?    1 Yes 0 No
# 6
we can called it as Gift & Periodical under indirect expenses in tally 
Is This Answer Correct ?    0 Yes 2 No

Other Accounting General Interview Questions
  Question Asked @ Answers
what is the diffrence between accounting and finance? Genpact 4
What is Tax Audit ? Please Explain.   1
Please tell me that whose are liable to pay the TDS? Banking 2
tell about "E1" form   2
v, An amount spent for inaguration of new factory building is A, revenue expenditure B, capital expenditure c, prepaid expenditure d, none of the above   1
what is window dressing in final accounts? OPI-Global 6
Hi all, can anybody help me with the mutual fund (AMC)accounting. I would like to know the accounting entries for subscriptions (premium/discount), redemptions (premium/discount), fund expenses, buying/selling securities by the fund and other fund management related accounting entries.   1
usualy what they are expecting source of knowledge while in interview MAHINDRA 1
Diff between Income & Expenditure A/c AND P/L a/c.   2
From the following Trial Balance of Seema Garments as on 31st Dec., 2007, prepare Trading Profit and Loss Account and Balance Sheet: Dr. Rs. Cr. Rs. Opening Stock 15000 Purchases and Sales 109000 180000 Manufacturing Wages 8000 Fuel, Power and Lighting 12000 Salaries 11000 Income Tax 5500 Loan to Mr. X at 10% pa. 5000 Interest on Mr. Xs Loan 300 Apprentice Premium 4500 Rent 4000 Rent Owing 600 Furniture (includes furniture of Rs.1000 purchased on 1st July, 2007) 5000 B/R and B/P 6000 1600 Plant 72000 Debtors and Creditors 28000 13000 Capital 100000 Cash 19500 300000 300000 Informations: 1. Closing Stock was valued at Rs. 30,000. 2. Goodsworth Rs. 5000 was sold on 28th December, but no entry was passed to this effect. 3. Goods costing Rs. 7000 was purchased and included into Stock but no entry was passed to record the purchases. 4. Create a provision of 2% for discount on debtors. 5. Apprentice premium received on 1st January, 2007 was for 3 years. 6. Depreciate the furniture by 10% p.a. 7. Salaries for the month of December, 2007 are still outstanding. Ignou 2
what are the errors in brs?& what is useful of them? genpact 5
For more Accounting General Interview Questions Click Here 

Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
Copyright 2013  All Rights Reserved.   ::