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Accounting Interview Questions
Questions Answers Views Company eMail

X is multiplied with 10 or divide with 10 then he will get 100. then x=?. (Praveen MBA)

3 5251

What is means by Central Excise ? How to calculate Central Excise ? Central Excise form No. is ?

2187

what will be the entry for credit purchases with discount

Genpact,

18 20101

i have dot regarding journal entry on capital A/c, int cap A/c --- dr cap a/c is it correct , if so y can u give an answer

2 4655

Hay I am suresh from Bastar. I was just complete my interview on 29-04-2010 at Raipur. The panel Board asked a questions are

State Bank Of India SBI,

2 4812

what is exemption of income tax in case of huf and a firm

1 3764

Anybody please explain me what is Branch Transfer and its implications with example.

3 16980

Weather Closing Stock appears in Trial Balance. If not why and if yes how.

5 9704

On goods purchases of Rs.2,00,000 got trade discount of 20,000 from supplier, and the amounts paid to supplier is 1,00,000 in cash and RS.1,00,000 in check on the same day, what would be the general ledger entry ?

Genpact,

18 19674

Anti Takeover policies

Capital IQ,

2030

Spinoff,Spelloff

Capital IQ,

2203

Dillution effect on EPS

Capital IQ,

2371

Explain about SEC

Capital IQ,

4 8103

What do u mean by press releases

Capital IQ,

2070

what do u mean by Guidance

Capital IQ,

1 5276


Un-Answered Questions { Accounting }

what is lease accounting?? please explain me....

2196


How can someone prepared for Syndicate Bank Interviw? Do interviewer going to ask any aptitude questions or will it be similar to other PO Interviews? Answers solicited..

1914


what is the method of work contract tax computation

2787


I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?

1995


what are the steps used in UAT in Oracle Apps?

1751


What is the Project Accounting in case of Real Estate or Construction Co`s ?

2325


Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.

2954


While selling fertilisers can we charge VAT on excise duty.

1937


IN VAT INVOICES DISCOUNT ALLOWED OR NOT

2034


How to Calculate PF with interest or without interest.

3250


Explain significance of Nastro and Vastro in accounts?

4072


Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?

1070


Are these new fields that get created as a result of dff free text?

331


what is joint venture?

2057


Trial balance as on 31st March, 2014 Particulars Debit Pula Particulars Credit Pula Wages 14 100 Dividends received 4 300 Salaries 13 000 Bank overdraft 41 000 Opening Stock 40 000 Returns 1 000 Machinery 49 000 Creditors 14 200 Investments 30 700 Sales 258 500 Drawings 23 000 Capital 30 000 Purchases 130 000 Returns 2 000 Debtors 18 000 Advertising 13 400 Interest 4 800 Cash 11 000 349 000 ======= 349 000 ======== Additional information: 1. Closing stock is valued at P53 000. 2. Wages include P350 being advance against wages. 3. Wages include P1 000 paid for erection of machinery. 4. A purchase of stationery for P430 has been inadvertently included in the Purchases account. 5. A sale of investments with a book value of P2 600 for P2 500 has been included in the Sales Account. 6. Salaries include P150 per month paid to the proprietor’s domestic servant. 7. Machinery is to be depreciated by 10 per cent. Required: a. The revenue statement (Trading and Profit and Loss Account) for the year ended 31st March 2014 and b. Statement of financial position (Balance Sheet) as on 31st March, 2014.

2087