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

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Accounting Interview Questions

Questions Answers Views Company eMail

Create Good Will of Rs 125000 and apportioned between the existing partners A,B and C as per their sharing ratios 25%,35% and the remaing %. Pass journal entry

1 3682

Ramana deposited directly in our Andhra Bank towards deposit for DealershipRs 15000/-Pass entry

Andhra Bank,

6 8372

Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry

2200

Good will of Rs 100000 brought by D,a new partner was withdrawn by the partners in equal ratios.Pass required entries

1 3549

Received from Krishna Murthy Rs 26500/- in full settlement of due Rs 30000/-. Pass entry

9 62379

Sold goods worth Rs 75000/- inexchange of old furniture worth Rs 15000/- and balance in cash. Pass entr for it

1 3982

A furniture dealer purchased 10 units of sofa sets each costs 2500 out of which one is for shop purpose.Pass necessary entry

5 6359

Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

2184

Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry

2234

Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance

1867

Purchase of goods worth Rs 354800 from Anand traders which is inclusive of vat tax 4%. Pass entry showing vat in detail

Reliance,

1 2938

Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note

2097

Sent debit note to Vijay traders for short supply of material Rs 4500/-Pass entry

1 5259

Transfer nett profit of Rs 325000/- to Reserves and Surplus

2437

Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

2292

Un-Answered Questions { Accounting }

How To Calculate Gross Sales for vat return -15

2197

what is the use of accounting standards

1957

how to calculate IT? if bank intrest:1036 , long term capital gain:448841 short term capital gain :894 , income from rent 225000, and income from other source 347478, Advance tax paid 25000,lic 101508, medicliam 6990 and tds recd.25000

2141

Do you know what is balance sheet?

1087

A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME

1763

Expand--------CMTS

2391

What is Mean By FRS for HQ reporting, How To Prepare?

2063

can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.

2093

Sir i want to ask that if the salary above 6500/- than also pf deduct.

1973

How can we display last five years sales in tally

2000

what is the use of special general ledger if the normal trasaction in usage.

2092

difference between office expense and miscelleanous expense with some examples

2089

what are responsibilities of an accountant in a company?

2275

what is city commodity tax

2028

what is crisil?what is the advantage of crisil rating?

3629

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