Accounting General Interview Questions
Questions Answers Views Company eMail

Is accounts payable and bills payable the same?and B/R & A/R the same ?

2 4578

if salary is paid what will be entry? If it is given on advance? If it is paid on delay

5 13041

what is the difference in direct expenses and indirect expenses?

9 9619

what ia mean by tally?

HSBC, ICICI, TCS,

11 37773

What is the journal entry for due salary

Enrich,

14 61792

can be account payee cheque discounted from the bank of party?

BPO, PCTL,

2 5409

what show in balance sheet after deduct last depreciation of assets

2 4620

some example of prepaid expance

3 4465

what is the effect of surplus in p&l account? or what is its significance

1 4110

What will be the journal entry for good lost by fire. How many entries will be passed in the books of account for the same.

IBM, MTM,

29 135373

I have an interview on accounts payable.In my CV I have written I have done accounts related work including finalization And i worked on Tally So what kind of questions i am expected to receive in interview.

2 3811

why bank interest comes in indirect exp. in accounting method? what it is the TDS?

3 7490

what is the use preparing balance sheet

Nestle,

5 7381

what is liability

6 5755

What is imprest a/c ?

Berger Paints,

7 24368


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Un-Answered Questions { Accounting General }

I want to know the Payroll Accounting Questions

2213


how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.

1126


Sir, we have investment shares some company how to calculate gain/loss please send format brefly fifo, lifo and average method

1553


Proprietor paid amount of Rs. 11060/- for car insurance. Pass Journal.

988


What is Statory Books ?

1829






While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated

1791


Do you know what is double-entry accounting? Explain with an example?

598


what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.

1405


Where a cash discount should be recorded in a journal entry?

615


what single discount is to2 successive discount of 10%& 15%

1463


What is purchasing order?

736


what are the limitations of accounting ratios?

609


What is a trial balance in accounting?

654


What are control ledgers?

677


under which ledger should i make opening work in progess and closing work in progress

1597