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Categories >> Accounting >> CompanyAffairs CS
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (159)
 Taxation interview questions  Taxation Interview Questions (1915)
 Accounting General interview questions  Accounting General Interview Questions (2843)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4376)
Question
1.WHAT IS BRS? 2.WHY DO WE PREPARE BALANCE SHEET? 3.WHAT IS
TRIAL BALANCE? 4.WHAT IS VENTURE CAPITAL? 5. WHAT IS
DEFFERED REVENUE EXPENDITURE?  6. what is mutualfund? 7. why
net profit shown liabilities side in balance sheet?
 Question Submitted By :: CompanyAffairs-CS
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
bank reconciliation prepare on the interval period when
create the diference in cash balance in the company and
cash balance as per pass book of bank.
trial balance show the arithmatic accurance in the debit
and credit balance.

further detail
cntact 9540725521
 
Is This Answer Correct ?    32 Yes 2 No
Subhash
 
Answer
# 2
we do BRS when there arises a difference between the
balances in the cashbook and passbook.
we prepare balance shhet to ascertain the financial
position of business
trail balances-to chect dual entry of transactions
arithematically
deffereed revenue expenditure-that which spreads the
benefit 4 a long time.
net profit is a liabilkity on part of businee\ss to pay to
owner
 
Is This Answer Correct ?    16 Yes 3 No
Prasannna Kottamasu
 
 
 
Answer
# 3
1) BANK RECONCILLATION STATEMENTS
2) TO KNOPW THE FINANCIAL POSITIONS OF THE COMPANY
3) THE TRIAL BALANCE IS THE REPORT WHICH CONTAIN ALL DEBIT
AND CREDIT IN ALL ACCOUNTS AT THE END OF THE REPORTING
PERIOD.
4) Money provided by investors to startup firms and small
businesses with perceived long-term growth potential. This
is a very important source of funding for startups that do
not have access to capital markets. It typically entails
high risk for the investor, but it has the potential for
above-average returns
5)
 
Is This Answer Correct ?    3 Yes 0 No
Abc
 
Answer
# 4
brs-bankinag reconsilation statement which shows diffrence
between passbook balance of cash book and cash balance in
pass book.

trial balance-which contains the expenditures and
assets,incomes and liabilities.

differed revenue exp-the benefit of expenditure will expire
for long period.ex-company logo design or redesign

mutual fund-pool the investments from small investors and
invest in various sector of funds by experts.
7.because net profit increase the owner's capital
 
Is This Answer Correct ?    3 Yes 3 No
Sharath
 
Answer
# 5
I am agree with prasanna....damn good...good work....keep it up..... 
Is This Answer Correct ?    0 Yes 0 No
Babhu Kanchupalli(dms)
 
Answer
# 6
3.trial balance?

trial balance ia a simple statement. it consist of ledger
item balances. the maun objective of preparing trail
balance to arthamatic aquaressy & rettiffy the errors.
 
Is This Answer Correct ?    0 Yes 0 No
Prasad Gadaputi
 
Answer
# 7
1: BRS: Bank reconciliation statement it is explain the difference between cash book and pass book when it is compared.
2: to now the exact financial position of business
3: the main purpose of trail balance is to know the accuracy of books of accounts.
4: Parent Company distributes to its existing shareholders new shares in a subsidiary, thereby creating a separate legal entity with its own management team and board of directors.
5: the exp which is incurred for long period like 5 years+
6: pooling of money form investors and invested in certain investment objectives
7: Becoz profit is liability to business for its shareholders
 
Is This Answer Correct ?    0 Yes 0 No
Chandashekhar
 
Answer
# 8
1.bank recouncilations statement
2. to know the financila positions of company.
3. to know the gross profit or gross loss
4.
5.
6.
7.
 
Is This Answer Correct ?    2 Yes 7 No
Santosh
 

 
 
 
Other CompanyAffairs CS Interview Questions
 
  Question Asked @ Answers
 
what is subsidiary company, explain brief? Reliance 7
can a pvt ltd. coy take unsecured loan from any partnership firm? If not why?   1
what is meant by TDS   2
on which time a company secretary has filled his compliance in form no.66?   4
what is the procedure for obtaining a certificate for exemption from TDS where my income slab is not taxable..   1
What is Venture Capital Brigade 4
What is the percentage of DA to be cut from an employee salary ? ITC-Infotech 2
What do you mean by Small Scale Industries, and what is the benefit of going to SSI, Pls explain in detail ??   1
What are the forms required to be file along with annual return.   3
what is derivatives?   4
What is Nominal value of Share?   6
what is holding company, explain brief?   5
 
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