Accounting General Interview Questions
Questions Answers Views Company eMail

total assets are equal to total liabilities in final accounts ?why?

1391

What do you debit and credit if discount allowed is underrated?

913

Any body would tell me how to takeover withholding tax at the time of go live in sap fico

FIS,

958

how to treat investment fluctuation fund in case of death of a partner

1816

cheque deposit is a contra entry?

1640

How do I record a prior year property tax refund on sale of asset due to overvaluation

950

Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!

1012

In which term & condition excise invoice raises & for what excise invoice raise?

962

In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?

1001

What is the difference between Accruals and Provisions?

Cap Gemini,

1125

What is the difference between Finance and Accounts?

Cap Gemini,

1 2042

What is the difference between General Ledger and Ledger?

Cap Gemini,

891

Prepaid insurance entry

Cap Gemini,

1 1951

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???

TAFE,

927

If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details

919


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Un-Answered Questions { Accounting General }

what is subscription order

1548


Tell me do you possess any knowledge about accounting standards?

570


kindly send the TDS tariff on Security expenses, rents, transport charges etc.,

1534


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

2500


rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.

1199






Definition of push down accounting

613


What is an interest rate swap

1652


Define partitioning in accounting?

1100


Do you know what is balance sheet?

587


Define the term material facts in accounting?

719


while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?

2835


Why company issue shares at discount as its a loss ?

2620


Tell me an example of a tough decision that you had to make?

564


Is it possible contra entry in SAP FICO

1748


"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

1590