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Accounting General Interview Questions
Questions Answers Views Company eMail

what is ledger balance

3 6174

What is Capital Commitments means?

JK Associates,

2224

What are the difference between Debit Memorandum and Credit Memorandum?

1994

what is consignment entry?

Genpact,

11 22312

The ratio of the prices of three different types of cars is 4:5:7. If the difference between the prices of costliest and the cheapest cars is Rs.60000 what is the price of the car of moderate price ?

2 9233

what is the sensex

1 3447

how does calculated retain earnings?

2 3929

Horizontal balance sheet versus Vertical balance sheet

HHA, Trident,

2185

amount drawn from propritors s b a/c Rs : 10000/-, intridused in propritors current A/c same amount, and same Rs :10000/- withdrawn by the propritors. please pass the entries for this transaction in double entry system.

2 4050

What is the entry for closing stock value reduction?

ICICI, ICS Integrated Computer Solutions,

2499

what is ctt

Bank Of India,

3 9707

For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?

1741

which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan

TCS,

2326

Expand SEBI

1 4715

All Expences Debit?

2 4651


Post New Accounting General Questions

Un-Answered Questions { Accounting General }

What are the steps to take before you approve an invoice for payment?

1116


What are trade bills?

1136


Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??

1578


What is accounting transaction?

997


Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect

1832


How do we calculate the cost of investment?

1728


One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?

2655


Were i have to enter for agreements in tally and in which ledger it will come

1655


Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!

5323


Explain what is bad debt expense?

3957


What is journalizing?

1089


Tell me what is reversing journal entries?

1007


In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/

1617


x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?

2138


Horizontal balance sheet versus Vertical balance sheet

2185