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Accounting General Interview Questions
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A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10

1191

Can Minority Interest be negative or equal to zero?

IBM,

1 28221

What will be the journal entry for the following - 1)Goods purchased from Mohan for Rs 5000 2)Goods purchased from Mohan on credit Rs 3000 3)Salary paid to Mohan 4)A sum of Rs 120 is realized on the sale of old furniture

ICICI, State Bank Of India SBI, Toshiba,

10 53977

what is cash flow statement and fund fund flow statement

2 3284

what is differenct between capital expenditure and revenue expenditure?

5 3731

Capital employed

3 3418

why i want to join Hawkins company

Hawkins, HDFC,

1356

PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)

1107

Why Capital IQ?

Capital IQ,

1 3254

what is the entry for provission for salary t 31march and 1st april and payment

5 4259

what is come first debit or credit? means in the bussiness debit comes first or credit

Ernst Young,

4 9099

why net profit add in capital in balance sheet

7 21867

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.

1 1851

how to calculate AMC charges for the financial year

1 9141

Manoj & Mahavir joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Manoj 90000 Withdrawals of Mahavir 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

3 3205


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Un-Answered Questions { Accounting General }

what is a difference between public and private accounting?

152


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

1303


What is the basic accounting equation?

158


Cello pen gross value is 935.89 for 12 nos 14.5% tax

966


How to group the companies in tally?

1093






What Is Responsibility Accounting?

191


what do you mean by Firm

623


How time sheets are maintained?

135


How did you chose your university?

147


Write about the media role in daily life

1192


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?

384


IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?

1321


can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?

1041


What is the networth percentage observe by banks

1112


what is difference among credit, loan, advance

942