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Accounting Interview Questions
Questions Answers Views Company eMail

what is SEC?

Genpact,

5 9868

contingent goods?

Genpact,

6 29291

IS CASH DISCOUNT/RECIVED IS OPERATING EXPENSE/INCOME?

2 23478

why is preliminary expense an asset..??

2145

why is interest on capital an expense....??

3 17700

why preliminary expenses are written off every year from profit and loss a/c.??

2 10644

What is the defination of job costing, batch costing and contract costing?

1 4205

what is the defination of unit costing and process costing?

4 7429

Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?

1 2301

What should be the TDS Deduction for technical consultancy received from Malta to an Indian Company

2 4820

WHAT IS ER-1, ER-2, ER-3, ER-4, ER-5,ER-6,ER-7

23 138968

"DUTIES OF AN AUDITOR IN VERIFYING PURCHASE OF A BUILDING" PLEASE REFER ME A BOOK TO SEARCH FOR THIS

2 4349

what is Debit?

3 6794

what is Credit?

8 10622

What is Amalgamation

3 7198


Un-Answered Questions { Accounting }

Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study

2386


Tell me about a situation where you showed determination?

1132


please give me a last 10 years sbi clerk question and answer paper

2032


what accounts payable applications are your familiar with?

1207


Which accounting applications are your familiar with?

1054


I need all WNS interview questions

2263


Please mail me the TDS rates for the year 07-08? aamirdeba@in.com

2104


describe any accounting process that you have developed or revised

1120


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

2154


2. You are required to prepare a Profit & Loss Account for the year ending 31st December, 2007 and the Balance Sheet on that date. The Trial Balance of XYZ Ltd. for the year ended 31st December 2007 is as follows:- Trial Balance of XYZ Ltd. as on 31st Dec. 2007 Debit Balances Rs. Credit Balances Rs. Materials used 3,50,000 Sales(including 2% Sales tax) 9,18,000 Cost of Labour 1,50,000 Sale of Scrap 100 Stock, finished and work in process on 31st December, 2006 50,000 Rent received 2,000 Wages : Factory Staff 15,000 Discounts 2,750 Directors Remuneration 50,000 Recovered against fire claim re : Stock 5,000 Salaries : Clerical Staff 75,000 Capital : Equity 25,000 Insurances : Workmen’s Compensation 1,500 Preference- 9% 8,000 General, fire etc. 2,000 Creditors 1,56,000 Directors’ Life Insurance 1,500 Provision for Taxation 1,05,000 Maintenance : Buildings 1,000 Profit & Loss Account 13,750 Plant and Machinery 12,500 Rent and Rates of premises and hire of plant 20,000 Heat, Light and Power 15,000 Experimental and Laboratory Expenses 10,000 Canteen Expenses 5,000 Staff Welfare expenses 2,500 Motor Expenses 12,500 Professional Charges 2,800 Postage and Telephone 3,500 Books, Printing and Stationery 11,000 Sundry expenses 10,000 Carriage and Packing on Sales 3,300 Discounts 5,000 Debtors 1,78,000 Freehold Property 50,000 Plant and Machinery 12,500 Fixtures and Fittings – Offices 3,500 Office machinery and Equipment 3,000 Motor Car and Van 6,500 Stock of materials on 31st Dec. 2007 1,20,000 Bank 38,000 Sales Tax Paid 15,000 12,35,600 12,35,600 Depreciation is to be provided at the following rates: Plant and Machinery 10% Fixture and Fittings 05% Office Machinery, etc. 10% Motor Vans and Cars 25% The stock of finished goods and work in progress as on 31st December, 2007 was Rs. 35,000. Provide for preference dividend and ordinary dividend at 10%. The total taxation liability is estimated at Rs.1,50,000 of which Rs. 75,000 relates to the current year. Debtors include Rs. 10,000 deposited as security against government contracts. The Works Manager is paid partly by salary and partly by a commission; he is entitled to a commission of 5% on the amount by which the surplus in the factory cost exceeds 20% of the sales for the period. Charge the commission if any in the Profit and Loss Account.

2317


respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...

2121


CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c

1568


What is your greatest achievement and why?

1058


What is the value of the Budget for 2009-10

2037


IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.

2677