Accounting AllOther Interview Questions
Questions Answers Views Company eMail

Transfer nett profit of Rs 325000/- to Reserves and Surplus

1925

Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

1807

sale of old computor Rs 7500/- was credited to sales account Rectify it

ACS,

4 5730

Rs 45000 received from the source of bad debts which were already declared.pass entry

4 5067

Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1427

Two months rent of Rs 25000/- was adjusted in Rental advance account at the time vacating office

1465

Raman site engineer joined on 1-1-2009 in the company with an agreed salary of Rs 20000/-. On the joining date he was given advance of Rs 50000/-agreeing for adeduction of Rs 7500/- for month from salary. Pass salary entry till March,and let me know the advance balance as on 1st April

3 4754

Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it

1724

Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque

1382

Paid a cheque for Rs 26500/- to Vishnu traders on behalf of Haritha trders for material supply

2 3416

Received a cheque of Rs 75000/- from Kirthi traders on behalf of anurag traders for material supply

4 5383

A cheque of Rs 65000/- received from aruna traders dishoured

5 6036

karthiks due of Rs 35000/- was settled in full with a cheque of rs 31500/-Pass entry

3 4028

Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry

1539

Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry

1450


Post New Accounting AllOther Questions

Un-Answered Questions { Accounting AllOther }

Which Exchange determine Foreign Exchange/Currency Rate?

1495


Can I freeze my account?

1667


Short Answer on _________Accounts Receivable

1433


hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...

2034


please tell me questions asked in NICMAR for the post of accounts executive

3499






what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?

1550


my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

1490


cost accounting process

1486


Please do tell me about the questions which are asked at BACS FINAL ROUND.

1675


Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

1236


how to entery pass in tally when items damage(items insured)and claim to insurance co.

1999


What is the Accounts Payable & Accounts Receivable ?

1699


Explain about Fluctuating Capital

2123


How exchange rates are maintained in sap

1446


what do you mean indirect expanse in trading business?

1784