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Accounting Interview Questions
Questions Answers Views Company eMail

What will be general entry for VAT or Sales Tax paid to government in cash for an Financial year?

1 3748

What will be the general entry for advance salary given?

3 6578

Till the Discounted bill is paid by acceptor it remains. 1) A contigent liabilities for the acceptor. 2) A contigent Liabilities for the Drawer. 3) A contigent Liabilities for the bank 4) A contigent Liabilites for drawer

2 7894

Net Worth is: 1)total Assets less outside laibilities 2)Total liabilities plus owners equity fund 3)Current Assets less current liabilities 4)Total accumalted profit less liabilities

1 4438

when cash recd. for services rendered in the past: 1)owner equity increase 2)current assets increase 3)profit increase 4)none of the above

2 5733

What is the entry pass if we are given to advance for employee?

5 8056

when an endorsed bill dishonored, for the endorsee, it become the laibility? 1)of the drawee 2)of the drawer 3)of the payee 4)of the indorser

1 3754

life memebership fees receved by an non profit organisation is treated as: 1)Revenue Receipt 2)capital receipt 3)deferred revenue receipt 4)both revenue and capital receipt

1 3757

Is closing stock will recorded in Trail balance?

Genpact,

9 20189

why loss is posted on asset side in balance sheet?

Vijaya Bank,

2 5690

what is cenvat credit&audit

Genpact,

2 7125

.........method of stock valuation considered the purchase price of stock which intered the godown last. 1)fifo 2)lifo 3)weight average 4)all the above methoed chose the correct answer?

1 2999

The trial balance cheks: 1)Arithmetical mistake 2)honesty of the book keeper 3) valuation of the closing stock 4) nature of the business

3 5485

expenses incurred in the formation of the company are show in : 1)debit side in the profit and loss a/c 2)as an assets in balance sheet 3) as an liabiliies in balance sheet 4) credit side in profit and loss a/c

2 4086

shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?

2406


Un-Answered Questions { Accounting }

Tell us what inspired you to move to the next opportunity?

1014


Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c

1807


I have a plot at Visakhapatnam. I have entered into a contract with a builder which enables him to construct 10 flats on the plot and builder and myself will share 50:50 of the constructed area. i.e. builder will get 5 and i will get 5 flats. Builder is not paying me any other consideration apart from 5 flats. Kindly clarify as to whether any servive tax is applicable and payable by me ?- kgr varma

1967


I want to know with example of vat & Salestax

2281


What is the difference between a provisions and reserves?

1017


What is the dual aspect concept?

1139


How will be prepare invoice in tally, please tell me step by step

2778


Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company

2123


Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful

2055


What are the features of financial accounting?

2108


what is the good prasentation on interview

2353


Office cash was stolen? state whether the following transcation is business transcation or non business transcation?

1952


how to calculate deffered tax, relating to company.. pls explain with examples.. also about timing differences..

1904


how there face in lvbank interview

2024


Expand-------ANCS

2027