Interview Questions Answers in Accounting AllOther, Accounting General

Questions / { sumitra }

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Answers / { sumitra }

What is deffered revenue expenditure

Answer

deffered revenue expenditure is such an expenditure wch r of revenue in nature but the benefit derived from such expenditure last for more than one accounting period

Is This Answer Correct ?

0 Yes

0 No

Question { 2838 }

describ salary statement

Answer

salary account is a nominal account...it appears in profit&
loss account of the company

Is This Answer Correct ?

1 Yes

1 No

Question { FIC, 6948 }

What is the meaning of cost center?

Answer

cost center means any person,company ,or unit in realation to
which costing is done

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0 Yes

0 No

Question { Steria, 4768 }

what is revenue expenditure

Answer

revenue expenditure are those expense which are reoccurring in
nature

Is This Answer Correct ?

2 Yes

0 No

Question { PWC, 6074 }

what is the gernal vocher ?

Answer

for recording general transactions

Is This Answer Correct ?

1 Yes

0 No

Question { Genpact, 13329 }

accrued income

Answer

accrued income means which is due to be received

Is This Answer Correct ?

0 Yes

1 No

Question { 3641 }

Describe in brief introduction of Account.

Answer

personal account
real account
nominal account

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0 Yes

0 No

Question { 4429 }

what is cost of captial

Answer

is the required rate of return from the capital invested

Is This Answer Correct ?

1 Yes

0 No

Question { 3091 }

what means accounts

Answer

summarised statement of transaction held

Is This Answer Correct ?

3 Yes

0 No

Question { 30587 }

what do you mean by dual aspect of accounting?

Answer

double entry system of accounting

Is This Answer Correct ?

9 Yes

2 No

Question { 3489 }

can anyone tells about the reserve money

Answer

general reserve

Is This Answer Correct ?

1 Yes

0 No

Question { 6053 }

which a/c affect by contra entry

Answer

contra entry affects cah and bank account

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0 Yes

0 No

Question { 5353 }

what is term loan?

Answer

loan given for fixed period of time

Is This Answer Correct ?

3 Yes

1 No

Question { Chartered Accountant, 4046 }

Balance Sheet

Answer

balancesheet is a statement prepared at the end of accounting
period to know the effect of various transaction in asset &
liabilties of the company.

Is This Answer Correct ?

13 Yes

1 No

Question { 4280 }

please proovide the answers for the reasons for the
differences of cash book and pass book

Answer

pass book maintained by bank
cash book maintained by individual

Is This Answer Correct ?

5 Yes

0 No