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Accounting General Interview Questions
Questions Answers Views Company eMail

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

1043

Tell me what is “deposit in transit”?

995

Explain dual aspect term in accounting?

973

Do you know what is a cpa?

1046

Do you know offset accounting?

999

Do you know overhead in terms of accounting?

1050

Tell us depreciation and its types?

1099

Do you know balancing in accounting?

989

Tell me what is reversing journal entries?

1009

Tell me what a deferred asset is and give an example?

1085

Explain have you ever prepared mis reports and what are these?

994

Tell me how you can adjust entries into account?

933

Tell me what is trial balance in accounting?

1026

Explain me what makes a successful account manager?

1016

Do you know company's payable cycle?

1058


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Un-Answered Questions { Accounting General }

What are the basic assumptions in accounting?

1062


If a prospective client kept presenting you with excuses not to buy, what would you do?

1113


what is use of cost center category in tally ? why & when use this ? what is benfit ?

2024


service tax calculated on agreement value or market value whichver is higher for builders?

2275


Explain accounting 101?

1082


What is computerized accounting?

1018


What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.

1611


SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT

2127


In Service tax Return ST-3 What is meaning of first Row (i) Service tax payable (a) Gross amount received in money (I) Against service provided Pls explain in detail

1834


Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????

1406


2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.

2239


what is different between leaser of subsidary book and journal?

1929


one bank account transaction example ebanking raj medical 500000 dr. second bank account ebanking raj medical 500000 cr what is the entry in tally erp can it is contra contry or not please explain

1390


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

1596


a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?

2326