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Accounting Interview Questions
Questions Answers Views Company eMail

WHAT IS JOINT PRODUCT AND BY PRODUCT

FCI,

1 3575

WHAT IS IRR,NPV AND AT WHICH RATE THE PRESENT VALUE IS CALCULATED

FCI,

3 5067

IN PROCESS ACCOUNTING, HOW ABNORMAL LOSS & ABNORMAL LOSS IS TREATED?

FCI, Genpact,

2 8346

What is the entry for bank guarantee,

Karadi Path, Levtech Consulting,

7 27561

does current year losses of rs 500000 prove that a company lacks going concern

 5 5233

under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent

 1679

what is eoq? WHAT IS ITS FORMULA

 2 4751

WHAT R THE POTENTIAL EUITY SHARES

 1 11934

WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION

 1514

while we are paying salary what wil be the entry for tds deduction

 7 8467

why would you like to opt nbp

1523

what is depreciation? what are depreciation methods? please explain those method? can any one reply urgently? Answer

4 6839

What is Contra entry

 12 16277

What is RETURN OF ROC

 5 7368

what are all the items comes under balancesheet(liability side & asset side) step by step.& also trading and p&l account. somany companies asking this type of question . please tell me...

IBM, IBPS, Thomson Reuters,

7 108580

Un-Answered Questions { Accounting }

The following transactions relating to ABC Ltd for the month of 20x1 a) Services performed in relation to income recieved in advance total $1500 b)Supplies expense includes $400 of supplies that are still on hand at 30 June c)Interest accrued on the bank loan is 750 d)At the end of june paid rent for 3 months (June, july Aug) $6000 e)Credit sales for the month of June 2009 amounted to $50000. Past expierence shows that around 1.5% of net credit sales are written off as bad debts. XYZ ltd, previously notified ABC ltd that they have gone bankrupt, will be able to pay $1000, which was recieved at the end of the month. The provision of doubtful debt has an opening balance of $800. f) The owners of ABC Ltd wish to revise the balance of the provision of doubtful debts account to $3500. g) Depreciation of one year on the delivary van is $1500. h) On 30 June 2009, ABC Ltd sold an item of equipment for $40000 cash. The cost of equipment was $50000 and had a accumulated depreciation balance of $2000 REQUIRED: Prepare the relevant adjusting journal entries for the month of June 20x2

1893

If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???

1693

What is external audit?

718

1. Fdr mature with interest

1351

how u can control stock movments....like issuing raw materials receiving...in practical way..basically in ,y org we r using bin cards,barcodes etc but somehow need more concentration... help me frds..

1499




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

1610

What is the tds effect in balance sheet if tds receipts?

670

How to calculate the TDS

1800

Productive Investment is Working Capital. Is it correct?

1241

how to treat investment fluctuation fund in case of death of a partner

1834

HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?

2249

What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%

1138

How can you change an account range?

97

how to calculate basic to gross salary

1509

Name the Accounting Concepts

1715

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