Accounting General Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

Accounting General Interview Questions

Questions Answers Views Company eMail

What is the marginal cost formula?

1087

What are the activities that are included in the cash flow statement?

962

What is tally accounting?

1081

Have you ever heard about tds, what it is?

1048

What is an over accrual?

1021

What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?

1141

By saying, perpetual or periodic inventory system; what do we mean?

1124

In which account does the unpresented cheque will get recorded?

1086

List out some of the accrued expenses and the accounts in which you would record them?

941

Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

1037

What a deferred asset is and give an example?

1005

Differentiate between provision and reserve?

1085

Under the accrual basis of accounting, when revenues are reported in the accounting period?

928

What does the investment of personal assets by the owner will do?

1048

What is double-entry accounting? Explain with an example?

1055

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Un-Answered Questions { Accounting General }

what is the defination of mat n calculation of mat... with example this is applicable in company or firm, pl. discribe me.....thanx ashok

2114

Explain the meaning of long-term notes payable is or long term liabilities?

1156

Explain what is gaap?

1013

whether allowances will be included in calculating esi from gross salary

2089

what is your opinion regarding T.V shows on youth

2646

journal entry for goodwill and capital bought by a new partner?

1583

What is the difference between General Ledger and Ledger?

1376

What is meant by partitioning?

1149

Tell me how much statistics knowledge is necessary or required in accounting?

3935

what is the meaning of written-off as goodwill written-off

4688

Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?

1828

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

1434

what are the limitations of accounting conventions

2516

Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

2800

MEANING OF RED HERRITING

2538

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