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

Accounting General Interview Questions

Questions Answers Views Company eMail

Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked.

2019

Who is Sundry Debtor and who is the sundry creditor ?

Finance, Home, Reliance,

18 88455

What is the difference between Loan and Advance?

Banking, Syndicate Bank,

16 154875

What is an interest rate swap

2215

when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?

Genpact,

2534

What is BRS? Why BRS?

1 4667

What is the difference between General Ledger and Trial Balance?

2 18234

What is the below line item and above line item and where this terminology is used?

2 9440

What is Profit and Loss Account? What is Balance Sheet?

4 6462

What is the order of priority of the following. 1.Trial Balance,2.Sales Ledger,3.Journal Entry,4.General Ledger,5.Balance Sheet,6.Profit and Loss Account,7.Cash Flow and fund flows.

1 3880

What do you mean by AS in accounts?

1 4188

What is Trading Account? What is the significance of this account?

2 5328

What is Suspense Account?

1 4475

What do you mean by Rollforward and open item in Accounts Reconciliation?

1 16261

Is there any significance between Bank Reconciliation and Account Reconciliation in Accounts?

2 6449

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Un-Answered Questions { Accounting General }

In South Africa , the current rate for value added tax is ?

1730

Explain what is liabilities and what all does include in current liabilities?

1121

Explain what is bank reconciliation?

3881

wht is different between defered tax liablities and defered tax assets??????

1886

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.

1594

Is an "account receivable" and "goodwill" real accounts in accounting?

982

Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?

1123

"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

2049

hi ,i need some suggestion,comptd my graduation in 2012,but i wasted my time for 6 month,just i want 2 escape from this question,what u did for 6 months,how can i give proper anser to them?pls suggest me

2266

what is an ideal organisation

2248

Explain what is gaap?

1069

Please let me know Under head of Sales Advance?

2022

what is the process of cenvat credit taken in service tax( in direct & indirect service)

3468

1.what is the entry of petrol of payment made by credit card of owner? 2.what is the entry of petrol of payment made by credit card of Company?

1338

consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000

1444

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