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.

1526

Who is Sundry Debtor and who is the sundry creditor ?

Finance, Home, Reliance,

18 83926

What is the difference between Loan and Advance?

Banking, Syndicate Bank,

16 149681

What is an interest rate swap

1684

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,

2067

What is BRS? Why BRS?

1 3962

What is the difference between General Ledger and Trial Balance?

2 17037

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

2 8608

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

4 5055

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 3298

What do you mean by AS in accounts?

1 3474

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

2 4151

What is Suspense Account?

1 3773

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

1 15408

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

2 5581


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Un-Answered Questions { Accounting General }

What steps would you take before approving an invoice for payment?

619


How to pass journal entry of gifts purchased for employee by using campany ATM card

895


What are the advantages & disadvantages of double entry system?

623


Why in SAP external number range should be selected for depreciation posting . any specific reasons for that explain me? Raj

1648


a person have to buy 2kg items out of 4 differnt price tag item i.e potatoo rs. 10 kg, onion rs. 5 kg , radish rs. 1 kg, and chilli rs. 1 kg in rs 10 how can he do

866






Where do generally accruals appear on the balance sheet?

607


hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..

1586


Into which account do we close the revaluation account balance during the winding up of a company?

1490


What is the difference between costing and cost accounting?

622


what is consignment entry?

1804


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 ?

2067


What are the activities that are included in the cash flow statement?

565


My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?

1158


Sir, Now, i am purchasing ply wood, board, and other material for my office furniture. But now the furniture is incomplete so what would be the journal entry for this exp. in book.

1503


what is core accounting?

1842