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Accounting Interview Questions
Questions Answers Views Company eMail

What is the diffrecnce between liabilities and owner's equity?

ABN AMRO,

3 37271

what is accrual prepayment? Define capital A/c &revenue. Define golden rules. meaning of share capital and its entries

e Serve,

1 6133

Why do people call Genpact as Gunpat outside? What do you reply when they ask that What does Gunpat manufacture?

Genpact,

5 8888

There is any new golden rule added with remain three? Why bank credited our all deposited?

2 5491

what is basic accounts rule?

First Indian Corporation, Hotel Jobs, MPSC, Syntel,

20 36222

What is Bank Reconcilation Statement?

First Midwest Bank, IBM,

13 28562

What is suspense Account?

Accenture, Amazon, Genpact, IBM, manappuram, TN,

22 60905

What is the closing entry for outstanding amount?

IBM,

13 21477

what is cost of goods sold?

11 19114

what is mean by differed tax?

3 8585

WHAT IS F& O SEGMENT?

2 6026

what is corporate action? wt is the purpose and tpes of corporate actions?

Ness Technologies,

2 21294

wt is stock split, dividends, rights issues,mergers and acquisitions, and spinn offs?

Ness Technologies,

3 10259

What is the meaning of capital profite and capital reciet? both are same or any different are there?

Capital IQ,

5 15239

what is the meaning of preliminary expenses and how you shown in balance sheet

Banking, BPL, CA, Capital IQ, Chartered Accountant, First Midwest Bank, GE, Glass Wall Systems, Ocwen, Siemens,

50 246276


Un-Answered Questions { Accounting }

what is the new rate of c.s.t in uttraklhand

2437


Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950

2472


I need all WNS interview questions

2253


What sort of image do you have?

2042


PLZZZZZZZZZZZZ HELP ME FOR THE PREPARATION OF TEST JR.EXECUTIVE (ADMIN)IN ATM IAM APPEARED 1ST TIME IN THIS TEST MY TEST CENTER IS RAWALPINDI MY CONTACT NO IS 03338907330

5041


is there easy guide for the latest India tax & accounting information for 2010?

2073


Does any one attented HSBC audit compliance test? Please let me know asap. suraj

2867


Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com

2524


Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com

2281


what is tds rate of WCT applay for sale tax ragistard company.

2677


How to get C forms in online? Plz give me Processor Thanq

3375


i want question papers audit staff selection examination

2392


Tell us what kind of work environment do you prefer?

1158


2. You are required to prepare a Profit & Loss Account for the year ending 31st December, 2007 and the Balance Sheet on that date. The Trial Balance of XYZ Ltd. for the year ended 31st December 2007 is as follows:- Trial Balance of XYZ Ltd. as on 31st Dec. 2007 Debit Balances Rs. Credit Balances Rs. Materials used 3,50,000 Sales(including 2% Sales tax) 9,18,000 Cost of Labour 1,50,000 Sale of Scrap 100 Stock, finished and work in process on 31st December, 2006 50,000 Rent received 2,000 Wages : Factory Staff 15,000 Discounts 2,750 Directors Remuneration 50,000 Recovered against fire claim re : Stock 5,000 Salaries : Clerical Staff 75,000 Capital : Equity 25,000 Insurances : Workmen’s Compensation 1,500 Preference- 9% 8,000 General, fire etc. 2,000 Creditors 1,56,000 Directors’ Life Insurance 1,500 Provision for Taxation 1,05,000 Maintenance : Buildings 1,000 Profit & Loss Account 13,750 Plant and Machinery 12,500 Rent and Rates of premises and hire of plant 20,000 Heat, Light and Power 15,000 Experimental and Laboratory Expenses 10,000 Canteen Expenses 5,000 Staff Welfare expenses 2,500 Motor Expenses 12,500 Professional Charges 2,800 Postage and Telephone 3,500 Books, Printing and Stationery 11,000 Sundry expenses 10,000 Carriage and Packing on Sales 3,300 Discounts 5,000 Debtors 1,78,000 Freehold Property 50,000 Plant and Machinery 12,500 Fixtures and Fittings – Offices 3,500 Office machinery and Equipment 3,000 Motor Car and Van 6,500 Stock of materials on 31st Dec. 2007 1,20,000 Bank 38,000 Sales Tax Paid 15,000 12,35,600 12,35,600 Depreciation is to be provided at the following rates: Plant and Machinery 10% Fixture and Fittings 05% Office Machinery, etc. 10% Motor Vans and Cars 25% The stock of finished goods and work in progress as on 31st December, 2007 was Rs. 35,000. Provide for preference dividend and ordinary dividend at 10%. The total taxation liability is estimated at Rs.1,50,000 of which Rs. 75,000 relates to the current year. Debtors include Rs. 10,000 deposited as security against government contracts. The Works Manager is paid partly by salary and partly by a commission; he is entitled to a commission of 5% on the amount by which the surplus in the factory cost exceeds 20% of the sales for the period. Charge the commission if any in the Profit and Loss Account.

2313


hi.this krishan .i m slect in axis bank for executive. when i sposse to join

2477