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Categories >> Accounting >> Accounting AllOther


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 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4376)
what is interest on capital
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
# 1
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 ?    51 Yes 13 No
# 2
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 ?    3 Yes 2 No
Amit Jaiswal
# 3
i need information about the interest on capital 
Is This Answer Correct ?    2 Yes 2 No
# 4
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
# 5
expense,dr interest charged and credit the business"s bank
Is This Answer Correct ?    2 Yes 11 No
# 6
interest expense a/c
to interest payable a/c
Is This Answer Correct ?    5 Yes 15 No
Ikram Baig
# 7
interest on capital A/c Dr

To Interest A/c
Is This Answer Correct ?    7 Yes 23 No
Vijayabhaskara Reddy
# 8
so asked about journa means the

intrest on capital Dr
To p&l a/c
Is This Answer Correct ?    8 Yes 39 No

Other Accounting AllOther Interview Questions
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which type of account is income tax is it a personal,real or nominal or what? Asian-School-of-Business-Management 2
let me know the meaning of Drawer,Drawee and payee of the cheque   6
what is inflation accounting   1
vwhy a variable cost is said to be variable?   6
Short Answer on _______Contingent Liability   4
What is the difference between Cash Flow & Fund Flow   4
What is the formula of Debt Equity Ratio? Also define its importance in a firm. ICAI 6
What are operating Costs? Capital-IQ 7
How do you assess the value of intangible assets such as copyrights and logos?   3
For more Accounting AllOther Interview Questions Click Here 

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