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Accounting Interview Questions
Questions Answers Views Company eMail

what is goods in transit and how to pass an entry

SK Industries,

20 178734

What is debit and what is credit ?

4 7176

What is accounts?

6 8148

Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P

2629

What is the meaning of Debt reconciliation and how to do debt reconciliation?

Genpact,

2457

what is meant by inter trading

Karvy,

2 7184

what is meant by factorising

1 3652

Can anyone mail journal entries for me? my Mail id rukmini@live.in

1907

how is the due date calculated. invoice date + payment terms or invoice received date + payment terms or it depends upon the company

3 4922

what is a contra entry how it is passed in journal and cashbook

5 12618

What is the treatment of Live Stock ? if it is transfer to the Profit & Loss Account or otherwise it will be treated?

2 4864

Sir, My company was formed in the Financial Year 2007-08 and during the year there is primary work i.e. instalation and sitattion work carried on. Now, the Company has started the Production activity form the Financial Year 2008-09 i.e. 14/04/2008. The question is that if the company is entitled to get the Addition depreciation U/s. 32?

Datamatics,

1 2679

My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.

SK Accountant,

2111

Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?

1 4007

what do you mean by return in taxes

1 4518


Un-Answered Questions { Accounting }

what is the main difference between nse & bse operations

2062


after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.

2400


what is purchase consideration? How does it come about and how is it treated in the books?

2530


How to group the companies in tally?

2049


difference between vat 47 & vat 49

3219


Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax

2818


payroll calculation procedure explain completely?

2557


What will be the planned expenditure in the budget 2009-10

2331


From Karnataka,while sending material out, which are all the states required Form 38?

2130


Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.

2044


What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese

2038


what is differred tax liability? explain in detail with some example.

2988


Explain the method for importing data to general ledger using the feeder system.

379


I AM SAKTHIVEL,MY QUESTION IS 1.WHAT ARE THE LEDGER TO BE MAINTAINED FOR SERVICE TAX 2.KINDLY EXPLAIN WITH EXAMPLE FOR PURCHASE ALONG WITH SERVICE TAX 3.SALES ALONG WITH SERVICE TAX 4.IN TALLY E.R.P HOW I GROUP THE LEDGER 5.GIVE NECESSARY JOURNAL ENTRY FOR ALL SERVICE TAX RELATED TRANSACTION 6.ANY OTHER IMPORTANT NOTE U WISH TO INFORM ME 7.HOW I CROSS CHECK IT ### PLEASE HELP ME REGARDS SAKTHIVEL

2169


1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?

1670