ALLInterview.com :: 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                      
Google
   
 
Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1904)
 Accounting General interview questions  Accounting General Interview Questions (2830)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4369)
Question
Invoice for Rs 492650/- is inclusive of 14.5% VAT. Pl 
calculate Basic Rate for the material.
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Assuming that the Invoice value of Rs.492650/- includes the
Basic Price & VAT - Basic value of the material is
Rs.430262/- & VAT @14.5% is Rs.62388/-.

Formula is - 492650 / 114.5 x 100 = 430262/-
492650 - 430262 or 492650 / 114.5 x 14.5 = 62388/-
 
Is This Answer Correct ?    33 Yes 7 No
H.r. Sreepada Bhagi
 
Answer
# 2
Invoice value of Rs.492650/- includes the
Basic Price Rs.430262/-.


Working Note :- - 492650 / 114.5 x 100 = 430262/-
 
Is This Answer Correct ?    25 Yes 5 No
Amit
 
 
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
what is entry for baddebts. Genpact 17
What is Income Statement ?   1
why a fixed cost is said to be fixed? HP 7
PL TELL ME PHONE OR MOBAIL IS OUR ASSETS IF YES CAN I TAKE AS ASSETS IN MY BALANCESHEET & PL TELL ME DEPRECIATION JOURNAL ENTRY   4
Expand I P   2
EXPAND_________SFC   1
What is Amalgamation? Genpact 5
explain the matching concept and what is the deffered revenue expendiature and how it related into matching concept.   1
What is the difference between "Primary Market" and "Secondary Market"? Syntel 4
what is hard currince Deloitte 1
What is the need for harmonisation of accounting standards at global level?   2
libilities accounts come under what type of accounts(under real, nominal or personal) if its nominal, generally nominal will not come in balance sheet, why we shown in balance shhet?   1
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


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

ALLInterview.com   ::  KalAajKal.com