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Accounting General Interview Questions
Questions Answers Views Company eMail

Explain what is ledger?

1142

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

1047

What is the master account?

1086

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

1159

What is the difference between perpetual & periodic inventory system?

1098

What are mis reports?

1183

What is account payee cheque? Expand ctc cheque?

1242

Account for letter of credit in the books?

1169

What is the fictitious assets?

1156

Expand ctc cheque?

1082

How to make a vat entry in books including setoff?

1091

What is the difference between a provisions and reserves?

1100

What is short term solvency ratio?

1120

What are mis reports and how do you prepare it?

1074

What is recording damage inventory in books of account?

1105


Post New Accounting General Questions

Un-Answered Questions { Accounting General }

HI I AM WORKING IN A INTERIOR DESIGNING COMPANY.WE ACTUALLY GET PROJECTS FROM CLIENTS & WE SUBCONTRACT THE WORK WE USUALLY SUBCONTRACTS THE SUPPLY OF LABOUR & SUPPLY OF MATEIALS TO SUBCONTRACTORS.WE DONT HAVE LABOURS OF OUR OWN & ALSO PRODUCTION OF MATERIALS.HOW CAN I TREAT THIS IN TALLY IS THERE ANY OPTION AVAILABLE IN TALLY FOR SUBCONTRACTING OR SHALL I ENTER THE NAME OF SUBCONTRACTORS AS SUNDRY CREDITORS AS WE DO USUALLY IN TALLY.PLEASE DO LET ME KNOW ABOUT THIS 0554125475 IS MY NUMBER

2113


What is a ledger?

1144


how to pass entry in tally Rs 50000 cheque paid to son by father

1749


How to prepare finalization accounts?

1393


List the type of transactions entered in journal proper.

1229


What do we mean by Redemption of shares and debentures?

2373


can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power

1809


Tell me how can you explain the basic accounting equation?

1124


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?

2745


what is contribution? how does it help in taking managerial decisions?

2017


What is vendor?

1157


How P/E ratio usefull to the different people?

2228


What is the double entry system explain its rules with examples?

1161


could i know how to accounting lease intrest ?

2055


What is an interest rate swap

2287