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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (422)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (157)
 Taxation interview questions  Taxation Interview Questions (1893)
 Accounting General interview questions  Accounting General Interview Questions (2781)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4351)
Question
what is interest on capital
 Question Submitted By :: Pradeep
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is interest on capital
Answer
# 1
so asked about journa means the

intrest on capital Dr
To p&l a/c
 
Is This Answer Correct ?    8 Yes 39 No
Rakesh
 
  Re: what is interest on capital
Answer
# 2
Rakesh Bhai
Interest on Capital a/c dr
To capital
(Being interest charged on capital)
Interest on capital will be calculated at the year end and
will be added to capital account.according to you capital
account was not raised
So be careful while giving answer
 
Is This Answer Correct ?    50 Yes 13 No
Satyaki_raju@yahoo.com
[Taxtime]
 
 
 
  Re: what is interest on capital
Answer
# 3
interest on capital A/c Dr

To Interest A/c
 
Is This Answer Correct ?    7 Yes 23 No
Vijayabhaskara Reddy
 
  Re: what is interest on capital
Answer
# 4
interest expense a/c
to interest payable a/c
 
Is This Answer Correct ?    5 Yes 15 No
Ikram Baig
 
  Re: what is interest on capital
Answer
# 5
expense,dr interest charged and credit the business"s bank
a/c
 
Is This Answer Correct ?    2 Yes 11 No
Noma
 
  Re: what is interest on capital
Answer
# 6
i need information about the interest on capital 
Is This Answer Correct ?    2 Yes 2 No
Gaurav
 
  Re: what is interest on capital
Answer
# 7
interest on capital A/c Dr.
To capital A/c
(being interest charged on capital)
 
Is This Answer Correct ?    1 Yes 2 No
Sujit Kumar Jaiswal
 
  Re: what is interest on capital
Answer
# 8
interest on capital A/c Dr.
To capital A/c
(here ther will be yhe name of enterpreneur in credit with his capital)
 
Is This Answer Correct ?    1 Yes 2 No
Amit Jaiswal
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
What do u mean by MIS? Sutherland 23
We are an educational institution head office in chennai. We don't have Tin Nos. Sales Tax nos, and CST Nos. we have only Service tax nos. if i purchase a computer in chennai and i transfer it to our institute which is in bangalore.Is it possible. what are the documents required for this.   2
what is the difference between share and debenture   1
What are Accounting Concept? Mafoi 19
DEFECTS OF SINGLE ENTRY SYSTEM Mphasis 1
what is assessment Call-Centre 1
Expand---------SBDC   3
what type of invoices used in small companies-for the process of accounts receivable. Wipro 3
what is the difference between ICWA and CWA?   1
How to Close housing loan account while preparing profit and loss account   1
what is mean by bank reconciliation?   9
WHO ARE THE PROMOTERS?   2
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
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