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 Audit interview questions  Audit Interview Questions
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Question
entry tax calculate on purchase +freight inward or not
 Question Submitted By :: Jitendra.rao923
I also faced this Question!!     Rank Answer Posted By  
 
  Re: entry tax calculate on purchase +freight inward or not
Answer
# 1
no it should be calculate on (purchase+(purchase*20%profit+freight)*1% 
Is This Answer Correct ?    0 Yes 1 No
Koustab Saha
 

 
 
 
Other Accounting General Interview Questions
 
  Question Asked @ Answers
 
what is the difference in direct expenses and indirect expenses?  9
on 01/04/2009 Goods sold to Mr."A' on Credit at $ 1000. Exchange Rate :- 01/04/2009..........$50.00 at payment Date Exchange Rate :- 01/05/2009..........$48.00 What is Journal Entry..? GTS2
If A are issueing a Cheque to B when B will present the Chq. in Bank than what entry will be prepare by the Bank in Their Books ?  2
some example of prepaid expance  3
Suppose A company is giving salary to its employees on 10th of every month. So on which date the salary payable entry will be passed/due also tell what will be the general entry for salary payable Enrich2
What is the closing entry? Genpact2
salaries due for the month of march will be recorded in  5
What is the cost of goods sold?  4
If we don't use Contra Book, instead which book is to be operated CASH BOOK or BANK BANK for: e.g.Cash withdrawl from Bank or Cash deposited in Bank  1
what effect closing balance and there effected ?  2
What is input Sales ?  3
What is cash profit Capital-IQ2
 
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