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Accounting General Interview Questions
Questions Answers Views Company eMail

what is abnormal loss???

3 7203

Sir, My Gross salary is 16000/- per Month and Birfication is as below Basic Salary 6400 HRA ``` 2560 Travelling con 640 Uniform Allowance 640 Bonus 1280 Professional All 640 Walfare Allowance 3840 Please inform me How much amount of TDS Regards, Ravinder

2 15379

if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.

1982

1.What is the entry sales and Purchases including discount and TCS 2.if sales but suddenly road accident and only party received 80% and balance staled the insurance company what is entry in accounting booked

Hero Honda,

2503

how to read balance sheet ? and at first which thing you see in balance sheet ?

3 6540

When their is one pick point and four unloading places with in same district their is need to write four number of way biils

1855

what is bill payable?

3 5198

What is the difference between Target and Budget?

Al Rashed,

2 30168

what are the types of leverage ratios?

3 11667

Why in SAP external number range should be selected for depreciation posting . any specific reasons for that explain me? Raj

IBM,

2150

My question is why we debit the input tax, and cradit the output tax. wt is the logic and wt is the principal behind it adil khan( CA STUDENT)

Asia Transport,

2 5678

What is the entry for bad debts recovered

Core Logic, Libra International,

10 14121

What is Cash Flow Statement?

3 7071

What is the difference betwween letter of credit and contract of gaurantee.........in what situations these will issued by whom?

1 3589

what is Sundary Debtor and sundary creditor.

5 12372


Post New Accounting General Questions

Un-Answered Questions { Accounting General }

Tell me what are things will not be included in bank reconciliation statement?

1142


what are the voucher entries for depreciation in tally and when?

2514


What is the meaning of scrap value in accounting?

1126


"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.

2621


informance about performance is disclosed by

2221


The following transactions relating to ABC Ltd for the month of 20x1 a) Services performed in relation to income recieved in advance total $1500 b)Supplies expense includes $400 of supplies that are still on hand at 30 June c)Interest accrued on the bank loan is 750 d)At the end of june paid rent for 3 months (June, july Aug) $6000 e)Credit sales for the month of June 2009 amounted to $50000. Past expierence shows that around 1.5% of net credit sales are written off as bad debts. XYZ ltd, previously notified ABC ltd that they have gone bankrupt, will be able to pay $1000, which was recieved at the end of the month. The provision of doubtful debt has an opening balance of $800. f) The owners of ABC Ltd wish to revise the balance of the provision of doubtful debts account to $3500. g) Depreciation of one year on the delivary van is $1500. h) On 30 June 2009, ABC Ltd sold an item of equipment for $40000 cash. The cost of equipment was $50000 and had a accumulated depreciation balance of $2000 REQUIRED: Prepare the relevant adjusting journal entries for the month of June 20x2

2375


My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?

1578


How to show Airticket Expense on Company's A/c as Company expense

1795


How to calculate Gratuity & when it's applicable to employee after three years or Five years?...

1844


What is the diffrent job&project accounting?

1857


swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000

1828


when we purchase of tractors and two wheeler vehicle from other state what we get taxes exemptions

1958


What is the difference between a provisions and reserves?

1054


How do you prepare mis reports?

1097


The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above

11432