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Accounting Interview Questions
Questions Answers Views Company eMail

kamal became insolvent.a first and final payment of 60 pasie in a rupee was recived from his official recived.he owner me a debit of amount is RS 500 give the journal entries for this

2 25461

in the tds entery party ledger which group under craete

2 5367

The Lessee's right to recover the short working is related to

Websol,

1 13098

for an employee in receipt of hostel allowance for his three children,the maximum annual allowance exempt u/s 10 (14) is

1 4706

WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?

5558

Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?

3708

(a) What is special Audit under section 14AA of CEA? (cenvat credit Audit) (b) Who can conduct such audit? (c) Who can order such audit? (d) What is the time limit for submission of report

1 12397

what's mean of capital reserve and reserve capital

2 4742

what is contigent liability and where we shown in balance sheet

2 5721

what is the mean of amountisation

1 8361

journal entry of outstanding salary

11 19820

my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

1933

if profit increase by 25percente, how much consumtion level ll be decrease to kept cost of goods sold same?

1 3412

what is the entry of tds when rent received for debtors ?

5 13232

what diff. between Account ,Commerce and Finance?

India Infoline,

2402


Un-Answered Questions { Accounting }

what is the minimum & maximum amount paid by company per day

2118


In our bodyshop wct tax is 13.05% on the whole Labour charges( including opening fitting ,repairing ,painting. Is this justified?

1633


post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.

2653


A factory uses annually 24,000 units of a raw material which costs Rs. 1.25 per unit. Placing each order costs Rs. 25 and carrying cost is 6% per year of the average inventory. (a) Find the economic order quantity and the total inventory cost including the cost of material.

4845


What is fiduciary accounting?

1082


I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

2532


How to treat company managers personal expenses met by company if he is not taking salary from company and in future salary will be payable after deducting all personal expenses (salary amt will be decided only at paying year). pass journal entries

1881


What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?

2637


wht do you mean by copmosition of tax

3949


What is meant by turnover?

1064


what is leverage n detail and tpoes of leverage with iagram?

2155


What are the functions of manger -accounts and manager-finance? Explain in detail

1081


If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?

3323


Expand MNS

2227


Please describe your experience in inventory reporting & valuation including reconciliation of inventory accounts.

2108