Accounting General Interview Questions
Questions Answers Views Company eMail

Explain what is ledger?

648

Mention in simple terms what is the difference between asset, equity, and liabilities?

572

What is the master account?

609

Is the shadow balance present in bank account always credited or bank may reverse it as well?

604

What is the difference between perpetual & periodic inventory system?

561

What are mis reports?

659

What is account payee cheque? Expand ctc cheque?

718

Account for letter of credit in the books?

681

What is the fictitious assets?

643

Expand ctc cheque?

623

How to make a vat entry in books including setoff?

515

What is the difference between a provisions and reserves?

604

What is short term solvency ratio?

641

What are mis reports and how do you prepare it?

596

What is recording damage inventory in books of account?

610


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Un-Answered Questions { Accounting General }

What is the difference between General Ledger and Ledger?

912


Define "book value" as applied to accounting

586


When their is one pick point and four unloading places with in same district their is need to write four number of way biils

1379


Financial Accounting

1812


Tell us how can you define departmental accounting?

585






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.

1224


Pls tell me the basic rules of accounts for interview in finanace or accounts section

1757


Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income

1377


How time sheets are maintained?

626


M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

1383


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

580


what is the procedure to appoint an Austrlian citzen as indian company director...

1348


what is the accounting treatment in tally of free goods received with goods purchased.

6639


what are the different methods of teaching share and debenture to pre degree students

1438


on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount

1392