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Categories  >>  Accounting  >>  Audit
 
 


 

 
 Audit interview questions  Audit Interview Questions
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions
 Taxation interview questions  Taxation Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question 
tds effect in balance sheet  if tds receipts
 Question Submitted By :: Girishgowdakm
I also faced this Question!!     Rank Answer Posted By  
 
  Re: tds effect in balance sheet if tds receipts
Answer
# 1		 
Yes
In Assets Side:
Advance In-Come-Tax A/c Dr with TDS received Amount
and Party A/c Cr with TDS received Amount
 
Is This Answer Correct ?    4 Yes 3 No
Jaysukh Solanki, Dudhsagar Dai
 
  Re: tds effect in balance sheet if tds receipts
Answer
# 2		 
Tds receipt will be shown in asset side. It can be adjusted 
from income tax payable.
 
Is This Answer Correct ?    0 Yes 0 No
V.mohan
 
 
 
  Re: tds effect in balance sheet if tds receipts
Answer
# 3		 
Tds Receipts will be shown in assets side under loans & 
advances and it will be adjusted to Income Tax A/c.
 
Is This Answer Correct ?    0 Yes 0 No
Naveen
 

 
 
 
Other Audit Interview Questions
 
  Question Asked @ Answers
 
what is meant by vouching?  3
company A is parental company of company B.if company A pays rent for company B to landlord,What will be the journal entry recorded in the books of company A and company B? Cognizent1
what was ur role in team? Bharti1
what do you mean acculmated depreciation? Deloitte6
How i do ledger scrutiny(give the examples of rent share capital etc.) spykar1
what are the types of audit programme?  1
What is the meaning of STP?  3
What are examples of Factory Overhead?  2
How do i know wheather Tds deducated from Inv.or Not?(eg.If someone printing a banner for our office for Advertisement & he issue a Tax Invoice for the same. If Tds is deducted - then why & if tds is not deducted then why spykar2
What are reasons for giving credit note and sales return to customers?  2
what type of questions will be asked in the interviews  3
What is tax audit  2
what will you do if you dont get this job Bank-Of-America5
investigation vs audit  2
before appoinment, an auditor owes to a company more than rs.1000 and he clears his debt before appointment.he is due to company upto 30-06-06.he is give his report between 01- 04-06 to 31-03-07.what is the duty of the auditor while reporting on the transactios occured in his due period  1
What is a voucher????  4
what are the cost audit and management audit?  1
What are the portions to be covered in tax audit and what are the papers to be checked in tax audit by auditors?  1
DEFINE YOURSELF TCS7
I MAKE MIS FOR MY COMPANY. INTERVIEWER ASKED ME WHAT UR ROLL IN MIS. I ASKED HIM,I PREPARE IT AND SEND TO MY MANAGER. BUT HE AGAIN ASKED MY ABOUT MY ROLL IN MIS. WHAT HE WANTED TO KNOW? PLEASE TELL ME Genpact8
 
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