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Accounting General Interview Questions
Questions Answers Views Company eMail

Explain under what type of account does the unearned revenues fall?

1767

Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?

1756

Explain me where a cash discount should be recorded in journal entry?

1765

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

1732

Explain what is bank reconciliation?

1658

Tell me what is ledger?

1710

Tell me entries to revenues accounts such as service revenues are usually?

1664

Explain what is bad debt expense?

1772

Private purchases amounting to rs 5000 have been debited to purchases account

135

Payment made to creditors is a

1 257

If there are 15 credit purchases during a given month, then there will be ....................... posting from the purchase book at the end of the month

1 256

Capital reserve is - a) real account b) nominal account c) personal account d) none of them

15


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Un-Answered Questions { Accounting General }

Tell me how can you explain the basic accounting equation?

147


Do you know offset accounting?

158


Why Company maintain's books of account?

913


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

142


if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.

1415






Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

1782


when & how interest on unsecured loan is calculated?

1070


Can u please send me a set of accounting base questoin with answer,genraly ask by interviewer?

1123


Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.

1284


Differentiate accounting and auditing?

175


India me ,suppose that hmare pass 190000 Rs hai,to kitna tax lgega,or kis heshab se lgega,

1201


Which accounting applications are your familiar with?

186


There is no item category assigned to account

1212


on the basis accounting,acounting is divided in to how many classes and what are they?

892


Explain what is bad debt expense?

1772