Accounting Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

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Accounting Interview Questions

Questions Answers Views Company eMail

I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?

1967

sir if we make purchase and sale for the same pary for the same amount what adjusting entry have to be passed to close that entry in tally. while taking bill wise details we can see the dr. cr.and have to cancell that

HEG, Optimus,

2 8651

i want to know f form and how to use and how can purchase

1876

sir i want know how to fill vat return

2065

My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523

2109

1- what is cash flow and fund flow 2-Defference between TDS and TCS

2 6376

what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure

2119

what is ment by suspence account and dummy account

1999

chq. of ICICI received from big jos of rs. 35000/- for credit sale bill no. S/01 andBill no. S/03

1 2990

Is the Opening Stok and Closing stock both will appear in the trial balance ?

4 7185

How can we create compound unit(eg:pkt of 10 nos) in Peachtree accounting software?if u know the answer,plz post it. by Libin kulamuttom

1 4639

if the goods are purchased against H Form, is there any specified time limit winthin which they should be exported?; if yes then wat is that limit?

2 5466

Define investment Property?

1 3746

We are purchasing machinery from Mumbai supplier. Deliverable in Jamnagar & invoice is on our name (Maharashtra). Can we issue 'C' form?

4 7156

WHAT IS PENALITY FOR LATE SALE TAX RETURN

3 6162

Un-Answered Questions { Accounting }

Is depreciation a expense or income?

1693

What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?

2502

What are the procedures for remitting WCT?

2124

Contrast bookkeeping and accounting

1017

Explain dual aspect term in accounting?

1014

Explain me the term material facts in accounting?

1124

What do we mean by purchase return in accounting?

1104

when will be appsc exams will held pls give me the dates

2674

what is the full rate of cst/vat of building material ?

2391

what salary you expect???

2120

What is the use of 2a, 2b & 2c form in CST ?

2531

What is the use of accounting?

1109

How treat TDS & TCS in manual or Tally 9 softwere ?

4019

why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason

1556

One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?

2696

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