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Accounting General Interview Questions
Questions Answers Views Company eMail

what are the tricks in posting trial balance ?

2 3155

hi friends... what it is the journal entry to be passed when the loan sanctioned by one bank and same the cheque was deposited in another bank on same day.? thanks & regards

6 8011

what are examples of marketable securities ? wat are marketable securities?

1 2723

what are examples of non- marketable securities ?

1 4080

what is a promissory note ?

2 3154

does goodwill depreciates ?

4 3651

how is suspense a/c treated after it has been shown in the trail balance ?

2 3942

How do you calculate closing stock? Which important steps do you take while valuation of closing stock.

Jordan, TATA,

4 5415

From the following Trial Balance of Seema Garments as on 31st Dec., 2007, prepare Trading Profit and Loss Account and Balance Sheet: Dr. Rs. Cr. Rs. Opening Stock 15000 Purchases and Sales 109000 180000 Manufacturing Wages 8000 Fuel, Power and Lighting 12000 Salaries 11000 Income Tax 5500 Loan to Mr. X at 10% pa. 5000 Interest on Mr. X’s Loan 300 Apprentice Premium 4500 Rent 4000 Rent Owing 600 Furniture (includes furniture of Rs.1000 purchased on 1st July, 2007) 5000 B/R and B/P 6000 1600 Plant 72000 Debtors and Creditors 28000 13000 Capital 100000 Cash 19500 300000 300000 Informations: 1. Closing Stock was valued at Rs. 30,000. 2. Goodsworth Rs. 5000 was sold on 28th December, but no entry was passed to this effect. 3. Goods costing Rs. 7000 was purchased and included into Stock but no entry was passed to record the purchases. 4. Create a provision of 2% for discount on debtors. 5. Apprentice premium received on 1st January, 2007 was for 3 years. 6. Depreciate the furniture by 10% p.a. 7. Salaries for the month of December, 2007 are still outstanding.

Ignou,

2 6240

how&when brs is prepared

5 5779

how we mainatin account for a construction company or firm

1 8909

how we maintain account for a coaching institute?

2 4905

can we issue bonus shares at premium? how?

2 10044

in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?

4134

can u explain the meaning of Work Contract Tax in breif.

1 3343


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Un-Answered Questions { Accounting General }

What does the standard journal entry includes?

164


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

493


How the Entry passed for Loss of Payment

1210


Spinoff,Spelloff

1334


What is cost accountancy? What are the objects of cost accountancy?

157






Do you know any other accounting application?

159


X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?

1163


while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?

2301


What is the difference between costing and cost accounting?

154


purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law

935


correction of sundry creotors

1686


What are mis reports and how do you prepare it?

143


You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically

435


if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

2843


how to pass interest on security entries and salary payable entries in tally and how to maintain e-commerce company account please revert me ASAP its needful for me

428