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Accounting General Interview Questions
Questions Answers Views Company eMail

What is Ariba? How it is working?

Cognizant,

1 1689

what is balance sheet?

3 3645

What is bank reconciliation statement?

Capital IQ,

15 14261

How to treat company managers personal expenses met by company if he is not taking salary from company and in future salary will be payable after deducting all personal expenses (salary amt will be decided only at paying year). pass journal entries

974

what will be the entry of income tax paid in partnership firm.

3 11073

if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system

1110

if Cheque bounced who issued to us and we posted to clear the check in bank, but returned, what entry can be made in tally(single entry system)

1 3061

what is tax deducted at source

Construction,

1358

When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

1277

all GL Related Interview questions with answear

1881

How to explain salary outstanding as per traditional approach?

1 1723

GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry

Infosys,

1223

What is GR form ? what its use please give me a details of GR ?

1 2723

difition of reserve & surplus

1176

In which group " charity" will come under.....in tally?

Al Reef, HCL,

2 29037


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Un-Answered Questions { Accounting General }

what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?

1169


Explain me by saying, perpetual or periodic inventory system; what do we mean?

152


Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time

2906


What is meant by turnover?

146


What are the various systems of accounting? Explain them.

151






Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year  What will be JV for this year and next year?- Thank you

1600


What is meaning of invoice?

162


What is absorption costing with defination? and what is marginal costin with defination?

2055


What Entery Should Made When Godown Rent Paid in Advance At The Time Of Agreement.Transation Is as Below * Rent Paid To XYZ (OWNER OF PROPERTY) For Running Month. * One Month Rent In Advance Tenent will Always pay rent amt 1st of every month. How can we do entry every month and How can party's a/c will due on ending every month. How can party a/c Show ADVANCE RENT. Please enter every entery including JV. With time when it is necessary.

2328


What are mis reports?

195


Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?

1500


What are the accounting entries for branch accounts?

158


What is the basic accounting equation?

158


The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).

1244


What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?

7143