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?

2826

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 4180

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

2 3389

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 2841

what is the reserve & surplus ?

ABC,

1 3188

what is the difference b/w gain and profit?

1495

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 9105

Pls let me know Job profile for Account Manager.

1505

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

2 19410

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

3 5807

what do you mean by tds

3 5519

what is mutual fund?

3 5317

what is Debit note and Credit Note ?

Genpact,

3 6688

what is impairement?

Genpact,

3 7035

Give Example for Intangible assets that is depreciable?

Genpact,

5 10410


Un-Answered Questions { Accounting }

(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese

1572


All Interview related Questions pertaining to General Ledger,Finance & Accounts.

2299


In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer

1445


What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956

1625


Explain me what is general ledger account?

637






i want question papers audit staff selection examination

1841


What is fiduciary accounting?

630


what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?

1777


F FORM RECEIVED FROM SUPPLIER, NOT DEDUCTED GOODS RETURN AMOUNT THEREAFTER WHAT IS THE PROCEDURE DONE BY DEALER?

1561


Do you need an income statement if you do part time contract work at home?

1668


what is the abrevation for JJ in form jj

1437


why use diff vat forms like vat51 vat3 why

1432


What is mutual fund sub accounting?

664


What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....

1618


what is the manual procedure for accounting

1458