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Accounting General Interview Questions
Questions Answers Views Company eMail

If the company acquires equipment prior to incorporation what are the accounting entries?

1610

machinery purchase of 10000 plus transportation 800 what will be the journal entry

Air Smart HVAC Solutions, SS Solutions,

2 3270

what is the meaning of prepaid&accruals in accounting?

AFI,

1 2932

paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.

Real Group Of Companies,

1733

Why is accounting done?

2 3819

1- Can ledger make without journal?

1 3197

2- What is the difference between cash book and journals?

SEFL,

1 12916

3- Does petty cash book link to cash book, explain?

1 2683

4- What do you mean by journals and journalizing?

1 2800

5- Explain the function of ledger?

1 3145

6- What do you mean by purchase merchandise; assets or expense?

2 3070

Subsidiary ledger and the benefit of making it, explain?

1 2662

8- What do you understand by accounts receivable and accounts payable and its schedule?

1 3366

How Many Accounting Principale

1772

Cello pen gross value is 935.89 for 12 nos 14.5% tax

1935


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Un-Answered Questions { Accounting General }

I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

1840


What action could be taken by you and your manager to improve your performance in your current position?

13678


WHAT ARE THE MOST ELEMENTS OF YOUR JOB?

1930


My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.

1883


What is definition of a cash float in accounting?

1168


What is bad debt expense?

1082


IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?

2166


can i material bill book in miro without vat on transport charges ?

2058


I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?

3898


how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

2015


What are the criteria for accounting job?

1922


If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B

4898


what is penaultimate sale

2068


6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?

2003


contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?

2684