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what is the difference b/w gain and profit?


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More Accounting General Interview Questions

I have an interview in a software company for the post of Functional test engineer. They want the person from bcom Back ground( i am a bcome graduate 2006) and the person Should have good accounts knowledge. Now i want to know What kinds of questions they can ask or can give in written Test. I m nervous coz its been 5 years i have done bcom. So How shud i prepare for interview.Please help?

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cheque deposit is a contra entry?

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we are paid advance to employee Rs.5000 for TADA. After Trevelling employee return Rs.500. please pass journal entry

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Explain what is account receivable?

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bonus provision entry

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how loan is different from debenture?

5 Answers   State Bank Of India SBI,


If Pass book & Cash Books Balances are showing same so are you need to BRS ?

17 Answers   Genpact, iGate,


Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?

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Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 4) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.

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Provison for payments (benefits received but bill not received at the closing of accounts)(utilites, Telephone, Rent)

1 Answers   Accenture,


how to treat investment fluctuation fund in case of death of a partner

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