ALLInterview.com :: Home Page KalAajKal.com
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
tip       Ask Questions on ANYTHING, that arise in your Daily Life at     FORUM9.COM
Google
 
Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions
 Taxation interview questions  Taxation Interview Questions
 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question 
1. How do we calculate the Closing Stock ?
2. How many types methods are used for calculating closing 
stock ?
 Question Submitted By :: Ajay
I also faced this Question!!     Rank Answer Posted By  
 
  Re: 1. How do we calculate the Closing Stock ? 2. How many types methods are used for calculating closing stock ?
Answer
# 1		 
Q1. Opening Stock +Purchased for the period-sales for the 
period= closing stock
 
Is This Answer Correct ?    15 Yes 1 No
Ajit Khaware
 
  Re: 1. How do we calculate the Closing Stock ? 2. How many types methods are used for calculating closing stock ?
Answer
# 2		 
There are 3 methods are used for calculation 
closing stock value

A)	FIFO:- FIRST IN FIRST OUT 
B)	LIFO:- LAST IN FIRST OUT 
C)	WEIGHTED AVG:- TOTAL CLOSING STOCK QTY MULTIPLY 
WITH LAST PURCHASE RATE.
 
Is This Answer Correct ?    6 Yes 1 No
Ajay
 
 
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
principles of accounts  3
what is subsidiary book? ICICI11
what is the adjusting entry for wages posted twice? Genpact1
Rent paid to Land Lord account is credited to 1.Land Lords account 2.Cash account  2
expand S L M  2
expalin Revenue and profit  1
what is ADRs? Capital-IQ7
Expand B S E  3
what is shadow balance? Reliance1
EXPAND_______________TUDA  1
What is Standard Cost? Cap-Gemini6
Mac Purchased on 15th Jan 12000/- 30th June Machinery damaged due to Fire Accident 31st Dec received the Insurance Premium 13000/-. Pass the Journal Entry for all the above three Genpact22
Difference between material in transit and capital work in progress  2
diff b/w debenture and bond? Bank-Of-America4
What comes under the head SHARE CAPITAL in Liability side . say in proper order. Ernst-Young3
when one person does a BPO accounts than how it is differ from normal accounts Wipro2
EXPAND___________NGO  1
CAN ANY BODY ASK ME CLASSIFICATION OF P.F RS 930 /- DEDUCTION FORM MY SALARY AS A P.F SO HOW MANY RS CREDITED IN MY ACCOUNT ( GIVE IN DETAIL )  2
what is actual meaning of Tax Deduction at source  4
New emlpoyee was joined on 15th Jan and salary paid on 28th Feb amt of Rs.20000/- and asked to give the Journal entry for the Month of Jan, Fed and March (His Monthly Salary is Rs.8000/-) ?  1
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 
   
Copyright Policy  |  Terms of Service  |  Help  |  Site Map 1  |  Articles  |  Site Map  |   Site Map  |  Contact Us |   interview questions urls   External Links 
   
Copyright © 2007  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  Forum9.com   ::  KalAajKal.com