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Accounting General Interview Questions
Questions Answers Views Company eMail

1.recivable and payble 2.pf,tds,esi

2036

what is the meaning of rates in(rent,rates and tax) what is the meaning of contribution in margin of safety. what is the equity? and what single entry system? i want heavy explanation regarding these questions. thank you in advance reply soon bye!

College School Exams Tests,

2 21601

what is the bill of exchange

3 7866

HOW DO PREPARE CASH FLOW

2 6596

how to calculate forefeiture of share when over subcription

2250

reconcilation

Accenture, Genpact,

15 22501

securtralization?

1 3923

what is holding cost

bscpl,

2 5567

HOW CAN I IMPORT OF DATA FROM TALLYERP9 VERSION WHAT WANT I WRITE "IMPORT FILE NAME (XML)" PLS ANYBODY CAN HELP ME

3 7583

if any otion in tallyerp9 version about doing Luxury tax work

2058

How many ways can i increase paid up capital? Can i use retained earnings and change into paid up capital? If yes, what are the entries in the books?

ABC,

2 11942

what is the difference between 'Quotation' & 'Profarma Invoice'?

5 13471

I am confused with Capital Account and Drawings Account. Please show me "the general Journal Entries" and "Owner's Equity in Balance Sheet". (1) The owner increased his investment in the company by $10,000. (2) The owner increased his investment in the company by $10,000.

2 26239

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

Infosys, Satyam, Symbiosis,

1 11432

kanika enterprises follows the written down value method of depreciating machinery year after year due to: 1.comparability 2.convenience 3.consistency 4.all of the above

CPT, Infosys,

1 8982


Post New Accounting General Questions

Un-Answered Questions { Accounting General }

Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?

1117


What is the difference between cfa and csa?

10565


Why some asset accounts have a credit balance?

1072


Do you know balancing in accounting?

1016


what is lease accounting?? please explain me....

2271


DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?

3103


What is the difference between lc and bg(letter of credit

1957


What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?

1642


The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.

1770


Expand ctc cheque?

1031


How many invoices on average do you handle on a weekly/monthly basis?

1254


all GL Related Interview questions with answear

2817


please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.

4955


What is accounting transaction?

1054


How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

12454