Accounting AllOther Interview Questions
Questions Answers Views Company eMail

What is a Balance Sheet & Profit & Loss Account?

1486

If I deposited cash in a Bank, Is it Asset Or Liability for the Bank?

5 5444

While posting of FB50 entry therE showing errro msg " NOT ASSIGN COMPANY CODE OR CALCULATION PROCEDURE"

1514

Accounting records only transactions which are expressed in ---------------------

1 2542

A----------involves transfer of money or moneys worth from one person to another

1423

Each transaction has two aspects which is called as -------- ----concept

1 2903

Passing of entry in ledger account from journal is called -- --------

1 3240

---------is the main or principle book of accounts

1379

Purchase book is a ----------journal

1694

The primary record of a credit purchase of a fixed asset is made in---------

2 6759

Cash discount is allowed to the customer to encourage them - -------------

2 3671

A document evidencing a debit to be raised against a party for any reason other than a credit sale is called ----------

3 3768

Over-hauling expenses of a secon hand machinery should be debited to ---------

2 3066

Is depreciation on fixed asset a capital expenditure

6 9981

In order to comply with the matching principle, adjustment entries are made at the preparation of ----------

1636


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Un-Answered Questions { Accounting AllOther }

Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe

3202


What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.

1828


Zee Ltd. uses material—A for the production of Product M. The safety stock of material A is 300 units; the supplier quotes a delivery delay of two or three weeks. If the company uses 500 to 800 units a week according to the activity levels, the re–order level of material–A will be A. 2300 units; B. 2400 units; C. 2700 units; D. 28 units.

2554


legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?

2636


Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?

2824






what is operational risk and market risk in basel 2 norms.

1587


What is inter-corporate deposits? and where it is shown in balance sheet?

3242


when calculating for np% do i include interest or do i take it off

1957


how standard costing techniques are applied in manufacturing sectors

1720


im preparing for the sbi clerical post please send me the solved questions.

1763


plz send me the apptitude question papers of wipro

1674


it is better to invest in which securities short term/long term or both? please reason4 the same

1501


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

1463


EXPAND___________LNG

1543


whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector

1175