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emc2 Accounting General Interview Questions
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what is the meaning of Accrual Concept?

6 15411

what are the adjustment entries?

2 8560

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Un-Answered Questions

The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.

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I HAVE BEEN SELECTED FOR APGENCO A.E(ELECTRICAL) 2008.HOW MUCH WEIGHTAGE FOR INTERVIEW AND WRITTEN TEST.HOW I HAVE TO PREPARE. PLEASE GIVE INFORMATION IF U KNOW.WHAT ABT G.D THIS TIME.CALL RATIO 1:2

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i've iocl interview.. if you know the interview process please give me information..

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What is the principle of HPLC, GC, LCMS, GCMS,LC QQQ, GC QQQ, LC Q TOF and GC Q TOF. What are the applications and Specificity?

8974


Hi any one send me the configuration steps for make to order and make to stock in sap .send to my mail id c.sujatha2008@gmail.com

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Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com

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Tell us the current Repo Rate and Reverse Repo Rate?

1233


How to setting a cookie with the contents of a textbox?

1123


Have you ever had to bend the rules to get the job done. Why was that?

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Does any one attented HSBC audit compliance test? Please let me know asap. suraj

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Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-

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Dear sir i need lic model question paper for the last two years, Kindly forward solved question papers to my mail id gsmaliniraj@yahoo.co.in, malinisankaram@gmail.com

2417


What is the function of UNION and SPLIT operators? Give examples?

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Why you do not refund the customer his money?

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when will be the drug inspector notification will be anounced.what are the educational requirements...

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