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

what is the treatement of outstanding expenses in Tally accounting package? where it shown and what is its account type?

4 21004

what are the differences between Tally and Focus?

7935

why we use the term profit and loss account instead of profit or loss account

1 4863

why we use the term profit and loss account instead of profit or loss account

Syntel,

4 9283

what is accounting

11 19245

what is mean by security transaction tax? it considers how during profit calculation of shares trading.

Eastman Chemical, ICICI, Wipro,

11 27598

what is service tax ? what are diffferent tax rates?

BSNL, MEPMA,

1 2960

What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity in/out of the system by buying/selling securities?

2111

Can u please give me example of bonds? is National savings certificate a Bond?

2838

What is the TDS ratio applicable on professional fees?

5 10080

what is the entry passed for sales return (sales is on credit basis)?

8 14106

Compute the sales tax amount on the following transactions: MRP rs 1000/- Sales Tax is 10% cess on sales tax is 5% Turnover tax is 1% on net turnover

1 4898

Compute the interest & TDS amount following transaction:

1 4509

What is the due date for filing monthly & annual sales tax returns in karanataka

3787

What is the due date for paying monthly IT deductions, other than deductions towards salary

1 4999

Un-Answered Questions { Accounting }

cheque deposit is a contra entry?

2154

When should a company sack its auditor?

2157

What to do after the audit?

1084

What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?

1190

A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.

2020

Distinguish value andPrice

1958

i want report country wise with invoice number for gl account

2219

How did you chose your university?

1070

What is bond ? What is capital market?

2023

Tell us what is a cpa?

1057

hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...

2527

I am working in govt. sec. How to make journal entry in books for Fix Deposit

1879

what is the significance of business taxation in private company?

2184

what is service tax? how its count? and why its count?

1997

Can u please give me example of bonds? is National savings certificate a Bond?

2838

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