Accounting Interview Questions
Questions Answers Views Company eMail

Please tell me the rate of service tax of Transportation and the who is liable to deposit the Service Tax, the receiver of service or provider the service

1759

What is Service Tax, what percentage it was deducted in shipping company.

1 3392

PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)

1568

Why Capital IQ?

Capital IQ,

1 4106

what is the entry for provission for salary t 31march and 1st april and payment

5 5807

Does a M.Com graduate earn Rs25000 per month?

1 3250

what is come first debit or credit? means in the bussiness debit comes first or credit

Ernst Young,

4 10550

why profit add in capital in balance sheet

3 4277

why net profit add in capital in balance sheet

7 26154

Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.

1 2519

how to calculate AMC charges for the financial year

1 12199

Manoj & Mahavir joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Manoj 90000 Withdrawals of Mahavir 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

3 4493

my question is I am finance student I want to know which type of the question are asked by the interwier in interview.

CA,

1591

wt do you understand by ledger

1 3997

What is meant by undercast and overcast in accountancy? Explain with some transactions and their corresponding journal entries.

ICICI,

4 113725


Un-Answered Questions { Accounting }

VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI

1606


i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me

1457


what is the use of special general ledger if the normal trasaction in usage.

1624


Where a cash discount should be recorded in a journal entry?

619


how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

1570






if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?

1012


Can anybody tell me how much salary m show in my resume for expection for the next job m graduate 2year accounts experience?

1553


How to Prepare Balance Sheet for Annual Tax Assessment. Do You Have any Format, Please send on (Pankajica15@gmail.com)

1543


what is purchase consideration? How does it come about and how is it treated in the books?

2054


when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.

1478


can external audit be seen as merely an overhead cost adding no value to the orgnisation

2681


vat return dates for uttrakhand

2190


1. What is a bad credit score? 2. What does my credit score mean? 3. Can I check my Vantage credit score range online? 4. Should I have perfect credit score, that is, above 800 credit score? 5. With a 600 credit score, how to improve my credit rating score? 6. How to raise my credit score if I have 500 credit score? 7. How to increase your credit rating score quickly? 8. How can I find out my credit rating score for free? 9. Home Equity Loans ? 10. Calculate Mortgage? 11. Mortgage Payment? 12. Mortgage Payment Problems? 13. Other Mortgage Questions? 14. What is Home Loan Modification? 15. What is the entry for deprecation? 16. What is Merger? What is Acquisition? What are motive behind mergers And acquisitions? 17. What is Demat Account? what is the use of it? 18. What is EPS? 19. What is the difference between Risk, Threat & Hazard? 20. what is minority interest? 21. what is portfolio Saint? 22. What is the Difference between hire purchase and a finance Lease? 23. What is Demat Account? what is the use of it? 24. Up to what time we can show TDS Receivables under Advance Income Tax A/c? 25. WHAT IS PROSPECTUS? 26. WHO ARE THE PROMOTERS? 27. WHAT IS DERIVATIVE? 28. WHAT IS A SHARE? 29. WHAT IS PORTFOLIO MANAGEMENT? 30. What is Accounting? 31. Re: what is the entry for rent paid to company, provision for taxes in your books? BY RENT PAID A/C DR. TO TDS ON RENT A/C CR TO CASH/BANK A/C CR 1. What is dishonor check? 2. New emlpoyee was joined on 15th Jan and salary paid on 28th Feb amt of Rs.20000/- and asked to give the Journal entry for the Month of Jan, Fed and March (His Monthly Salary is Rs.8000/-) ? 3. I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.? 4. Expand---------SDRT? 5. What is difference between profit, revenue? 6. why balance sheet should tally? 7. What is BRS? What is the use of BRS? 8. Please let me know the journal entry for the below. "A" paid Rs.100 to "C" on behalf of "B"? 9. what is purchase consideration? 10. expand P P Division ? 11. Stale Cheque entry in the books & when it reissued again then Entry in the books.? 12. what is cost accounting ? 13. what is mean by credit purchase? 14. WHAT IS THE MEANING OF BLUE CHIP COMPANY? 15. what is buy back of share & why a company go for it? 16. What is the types of accounts & it's rules ? 17. what is reconciliation ? 18. EXPAND______________RTA? 19. what is depreciation? 20. EXPAND______________IDBI? 21. what is difference between nominal and real account ? 22. what is the concept of finance accounting?

2043


What is Prepaid Entry

1275


Short answer on Allowances

1500