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Accounting General Interview Questions
Questions Answers Views Company eMail

Please describe your experience in inventory reporting & valuation including reconciliation of inventory accounts.

Entero,

2143

Provisioned for electricity for the previous month's bill Rs. 8000 (pass journal entry)

SSPL,

1 4581

Company A has purchased goods worth Rs. 25000 from company B and made the cash payment of Rs 5000 and remaining will be payable with in 30 days. Assume that there is a late payment charge @ 2% on remaining amount as the invoice was received after due date from company B. Pass the journal entry in the books of company A for all the above transactions.

SSPL,

1 2955

Foreign currency Valuation

Accenture,

2 4066

salary and rent provision entry in tally erp 9

RVSA,

4 17448

Goods lost by fire rs.5000 it was partly insured insurance company admit the claim for 3500 what will be the journal entry

SRLF,

3 4952

Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-

InTarvo Technologies,

1927

Premium collected by Insurance co. What will be all Journal entries & effect in the book of Insurance co in Transaction date & Period end date.

1 2882

What is reserves

Sterlite,

2 3797

How to create Donation entry In tally? Company donate Rs. 250000 to TATA MEMORIAL HOSPITAL

Sigma IT,

7 41005

Can somebody please tell that what will be the accounting entry from auditor's point of view, If a company receive a bill of Rs. 12000 for AMC of Software for the period from 01.08.2014 to 01.08.2015. bill dated 01.05.2015, Can somebody please tell that what will be the accounting entry from auditor's point of view, If a company receive a bill of Rs. 12000 for AMC of Software for the period from 01.08.2014 to 01.08.2015. bill dated 01.05.2015, what will be entry pass in 01.05.2015 in tally

Nubis,

4 4454

How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?

Srp Khanij,

2600

How can I put Bank Guarantee Receipt entry in Tally ERP9?

Shaqab,

3886

What is the procdure for a Dealer which is register in Delhi, to purchase good @2% from other states, and what form he has to use to brings goods in delhi

1 2430

What is journal entry for sales return

HP, IBM,

5 7991


Post New Accounting General Questions

Un-Answered Questions { Accounting General }

What is the difference in accounting and marketing?

1100


What we have to post entry for payroll processing ? (Indian payroll)

2666


HP EMPLOYYES - If any one in HP company, Please give refernce for attend the Accounting Job in chennai,Bpo- chetpet.If any one Worked there Please,Send mail to me Umaiyo@gmail.com.I have 1 year exp in banking sector, & 8 months exp in accounting in SIEMENS, at present I'm searching for a job.If any person see this mail,Kindly send mail to me. Thank U Friend.

2087


1. Why do wish to study in canada in the program for which you have been accepted? 2. What is your overall education goal? 3. Why are you pursuing a similar program in your country of residence/citizenship? 4. What research have you done into studies in your country of residence/citizenship? 5. How will this program enchance your employment opportunities in your country of residence? please send me all possible answer i hope your answer will help me a lot...

6089


Tell me what are the three factors that can affect your cash flow and business profitability?

1087


What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.

35269


Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.

1990


What accounts are to be debited and credited in this case o

1893


While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated

2327


Tell me what is your track record for consistently achieving your targets?

1386


my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???

1456


What is the purpose of financial statements?

1103


Do you know what qualities and skills make an account manager successful?

1166


Tell me what is the abbreviation for the accounting terms debit and credit?

1080


Other accounting interview questions to expect when you interview for an accountancy job include:

1061