Accounting General Interview Questions
Questions Answers Views Company eMail

Furniture is Destroyed in Fire ?? Where it will effect in Balance sheet ??


6 6212

how to calculate good will of a company

1 5471

In which we will use Annuity depreciation method?

1 1972

what is mean by portfolio Management?


5 3696

What is mean by Amortization?


4 3544

What is mean by deffered revenue expenditure?


2 4286

What is mean by capital gain


4 3490

what is the diffrent between form-c and form 16

3 7442

What is the difference between capital expenditure & revenue expenditure

2 3736

Please explain about Bad debts (Old & New) and Bad doutful debts?

1 1931

Please explain about wages control account?

1 4047

Please explain ASAP?

5 2892

Who has to prepare credit note and debit note? whether the account department or the concerned department like, purchase department, sales department.

YK Industries,

4 5939

what is a capital budgeting

Capital IQ,

23 12094

what is capital reserve?

Capital IQ,

7 5707

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Un-Answered Questions { Accounting General }

How to make deductions of the employees from salary against the loan in AP module oracle R12


Hi wht r da questions which are mostly asked in an Accounts related job for freshers?


what are the steps for the payment cycle of the firm or company?


what is the enty for contract bill raised?


How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)


Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?


which subsidiary book is source of these:debit note,credit slip,


How to pass an general entry for materials which are stored in warehouses??????


Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.


how to reduce the interesting giving to debts ?


what is bond wash transaction ,when we have to use it, and what is the procedure please help me with examle


What is the difference between cfa and csa?


what is the journal entry for gas connection taken by company for preparing tea and coffee.


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.


Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????