Accounting Interview Questions
Questions Answers Views Company eMail

Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?

587

cost of normal waste of material under contact costing is debit to : 1)contract a/c 2) trading a/c 3) matrial a/c 4) profit and loss a/c

2 2215

variable cost are fixed: 1) for a period 2) per unit 3) depend upon the entity 4) for a particular process of production

2 1803




when re ordring quantity is 300 unit.minimum usage is 20unit minimum lead time is 5 days , maximum stock 400 unit , re - ordering will be: 1)300 unit 2)200 unit 3)400 unit 4)100 unit

2 1340

what is the reserve & surplus ?

ABC,

1 1669

what is the difference b/w gain and profit?

620

Hi All, I am working one company under contractual employee & My CTC is 9000 per month & take home salary is 8100, they are deducting 900/- as TDS per month on my salary, as i aware that, no TDS will be deduct below 160000 per year, can you plz post the answer or mail me on my mail id (itsaarmaan@gmail.com) (itsaarmaan@way2sms.com) Thanks in Advance to all. Hope you have correct answer & you will post as soon as possible.

3 6709

Pls let me know Job profile for Account Manager.

636

When VAT 14.5% is applicable and when Work contract tax 4% is applicable? Is both are same?

2 16894

Whether Depreciation to be posted in debit side or credit side?

3 3594

what do you mean by tds

3 3489

what is mutual fund?

3 3049

what is Debit note and Credit Note ?

Genpact,

3 4763

what is impairement?

Genpact,

3 4319

Give Example for Intangible assets that is depreciable?

Genpact,

5 7772







Un-Answered Questions { Accounting }

what is absorbtion coasting?

847


What is the procedure to take loan

702


Short Answer on ___________Cash Profit

788


Who is the maker of the promissory note

596


What is Acquisition?

1065


What is inter-corporate deposits? and where it is shown in balance sheet?

1045


What is cotangent Account?

702


why may types of accounts

705


we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.

212


What is Budgeted capital ?

536


what type account are below Debentures Bank overdraft

601


Short Answer on _________________City Compensatory allowance

634


Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset

796


HOW TO CALCULATE PF, ESI, VAT, SALES TAX ETC.,

1143


If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not

538