Accounting General Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

Accounting General Interview Questions

Questions Answers Views Company eMail

If A is Employee of the co. his salary is 100000 per month. tds is 20000 Rs. Professional tax is 200. then please tell me how to enter in Journal & payment vouchers in tally

9 12158

Assuming you are at the office and a colleague criticizes u, how would you react?

1 4145

AFTER MY QUALIFICATION WHAT IS THE UNIQUE THING ABOUT ME THAT COMPANIES EXPECT?

Infosys,

1 4699

What should an organization expect from me?

2083

What is the unique thing about employees that employers expect to see at an interview.?

1 4440

what is the difference between financial accouning and financial management

2 5547

Four of the following five are alike in a certain way and hence from a group.Which one of the following does not belong to that group? 21,35,49,63,56........ if u get answer pls explain hw u get it?

6 8268

What are the expenses comes uner direct exp

5 9060

how to strong my account for long time?

3 6084

if a proprieter farm purchase any software for account what is the general entry ?

2 5249

If a company pay salary all the employee by seprate cheque and all the employee registed in pf & esi so what is journal the journal entry in tally? and what i create all employee a/c in tally?

IBM,

5 14098

Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 4) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.

2 5899

which date is effected in books related bank recancilation transaction date or value date?

JK Associates,

1 5172

Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 5) If cheque is received from the tenant, journal entry=? 6) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.

1 3964

which date is effected in books related bank reconciliation transaction date or value date?

Wipro,

4 14260

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Un-Answered Questions { Accounting General }

In accounting, vat abbreviates what?

1196

How to make a vat entry in books including setoff?

1092

1.WHAT IS BRS? 2.WHY DO WE PREPARE BALANCE SHEET? 3.WHAT IS TRIAL BALANCE? 4.WHAT IS VENTURE CAPITAL? 5. WHAT IS DEFFERED REVENUE EXPENDITURE?

8012

As you know any other accounting application?

1085

What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?

1731

What is debit and credit note?

1211

hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?

1983

What do you mean by material facts in accounting?

1117

Pls let me know Job profile for Account Manager.

2128

Hello sir, i am assistent executive in partnership firm.i learn't tds return, sales tax return, service tax return and all accounting entry,reconciliation with customer & supplier.BRS. please guide me for more knowledgeble sectore in account. hense i reach become a good position in account sectore.

1874

Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.

2529

What is executive accounting?

1193

Case Study: Deepak Hand tools Private Limited DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?

6607

what's the difference between impress cash account and petty cash account

1823

Define tally accounting

1024

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