| Other Accounting General Interview Questions |
|| Asked @
|IN ONE OF THE MAUNUFACTURING COMPANY, THE MANAGMENT WAS
VERY MUCH INTERESTED TO INTRODUCE ERP(IT IS FOREIGN
SOFTWARE)BASED ON SOME ATTRACTIVE FEATURES EXPLAINED BY THE
ERP SOFT WARE COMPANY/AGENCY . THE ACCOUNTING STAFF ARE ALL
CONVERCENT WITH TALLY ACCOUNTING PACKAGE(INDIAN ACCOUNTING
METHOD). THEREFORE THEY WOULD LIKE TO KNOW THAT (I) WHAT
ARE THE DIFFERENCE BETWEEN A TRIAL BALANCE FROM NORMAL
TALLY ACCOUNTING AND ERP GENREATED TRIAL BALANCE (2) SINCE
THE BOTH THE TRIAL BALANCE WILL BE HAVING DIFFEERENT DATAS
HOW SOME ONE CAN MAKE A FINAL ACCOUNT SUCH AS TRADING A/C
PROFIT & LOSS ACCOUNT AND BALANCE SHEET AS PER INDIAN
COMPANIES ACT. THE TRIAL BALANCE AS PER ERP SHOW SOME COST
OF PRODCUTION A/C, LABOUR/MATERIAL/VALUE VARIANCE A/C. SAY
ALL THESE VARIANCE ARE CORRECT AND BASED ON THE ACTUAL
TRANSACTION TAKEN PLACE, HOW SOMEONE CAN A FINAL ACCOUNT
MEANT FOR INDIAN ACCOUNTING POLICY WHICH TO BE SUBMITTED TO
VARIOUS GOVT BODIES? I AM TOTALLY CONFUSED
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|What is book Pfofit ?
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|why loss is posted on asset side in balance sheet?
|what is consignment entry?
|can any one tell me what is the difference between
Accounting period & Financial year?
Will be waiting for your answer.
It's an open source question, any correct answer will be
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|what is mutual funds best way to answer?
|What is BRS
|| ||6 |
|what do you mean by accrual & due ? What is the difference
between Accrual & due?
|what is the accouniting
|What do you mean by trial balance?
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|As there is a two types of rates of depreciation i.e as per
Income tax Act & As per Company Law.But, in accounting
process which of these rates should be taken ?
|what is the bill of exchange
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