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Categories >> Accounting >> Accounting AllOther
 
 


 

 
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4369)
Question
classify the following into personal,real,nominal
a/c-capital interest, purchase,drawing,sales
return,outstanding rent,bills payable,club a/c, bill's
receivable,bills payable,salary
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Capital Interest - Nominal A/c as it is an Expense.
Purchase - Nominal A/c as it is an Expense.
Drawings - personal A/c as it is related with owner.
Sales return - Nominal A/c as it is related with Income.
(ie, it reduce sales).
Outstanding Rent - Personal A/c( Representative).
Bills Payable - Personal A/c
Club A/c - Personal A/c (Artificial Personal A/c)
Bills Receivable - Real A/c as it is a Asset.
Salary - Nominal A/c as it is an Expense.
 
Is This Answer Correct ?    8 Yes 1 No
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Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
what is cost accounting ? State-Bank-Of-India-SBI 6
Choose the correct answer: In case of assesses other than companies, the following is advance tax rate to be payable on or before of 15th September on the current fringe benefits. (1) 15 per cent; (2) 30 per cent; (3) 45 per cent; (4) 60 per cent.   2
EXPAND_________TIN   3
classify the following into real, nominal, personal account 1. Discount account 2. interest on debenture 3. Land account 4. salary account 5. carriage account 6. printing & stationary account 7. stock account   5
IF DEALER CAN SOLD A MATERIAL AT WHAT TIME THEY CAN CHARGE THE TCS   1
expand R O C E   2
what is ledger,journal,voucher.   7
I am a student of ICWAI (Intermediate). I looking for some information about Rayalty and Hire Purchase.   8
The following suggestions are under consideration: (a) 10% reduction in price to yield an increase in sales volume from 6600 to 7400 units. Current unit price Rs. 1,000 Unit variable cost Rs. 500 Fixed cost Rs. 30,00,000 Prepare a statement comparing gross revenue, profit, contribution and P/V ratio of the two alternatives with present results. Which suggestion would you recommend?   3
fill in the Blanks Closing balance of _________will not find place in next year books   2
Appointed Sameer asset the Manager of the business on a monthly salary of Rs.20000/- P.M? state whether the the following transcation is business transcation or non business transcation? with reson or explaination?   2
Explain about accrual basis of accounting Genpact 1
 
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