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Accounting General Interview Questions
Questions Answers Views Company eMail

Contents of an Invoice receipt

2 31868

Classification of Errors as per Accounting

7 16799

Diffrence between Statutory Audit & Internal Audit

Goldman Sachs,

2 11214

Difference between reserves for bad debts & provision for bad debts.

HSBC, NRN Business solution, Siemens,

6 42331

What is s bank reconciliation statement? Give an ex where the Bank book and d cash book will not reconcile?

CBSE, Genpact,

10 23550

What is a 3 Column cash book?

15 38620

When will the cash Book have a Credit Balance?

Accenture,

20 68205

Why do you prepare a Trial Balance?

Pepsi,

14 32233

Diff between Income & Expenditure A/c AND P/L a/c.

2 6821

What do you mean by the term Accounts Payables/ Receivables?

4 16876

What is an ERP?

8 12059

What is the full form and the application of SAP?

DFAS, DynCorp, Ernst Young, Fashion Technology, Haier, LIC, Reliance, SAP Labs, SPS Group,

67 104586

What is the full form of GAAP?

Accenture,

23 39825

Why is Income statement prepared?

11 34639

What is a Funds flow statement?

5 9651


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Un-Answered Questions { Accounting General }

How many invoices on average do you handle on a weekly/monthly basis?

1336


describe any accounting process that you have developed or revised

1135


The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.

1847


Please provide me the entire format of P.F. & ESI

2191


Tell me what is your track record for consistently achieving your targets?

1439


Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.

2014


what's the mean by Imprest system? Please give me Replay on this no. 9885789716

2002


what accounts payable applications are your familiar with?

1227


As you know account executives need to be talented salespeople. Do you have experience making sales?

1096


What is account payee cheque? Expand ctc cheque?

1272


why i want to join Hawkins company

2317


Tell me about a situation where you showed determination?

1143


IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.

2695


can any one send me tally professional version link

1720


The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.

1797