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Hi wht r da questions which are mostly asked in an Accounts
related job for freshers?


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consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000

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My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.

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What are the steps involved in project implementation?

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What is Deferred tax? What is the difference between current tax and deferred tax.give some example of deferred tax.

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