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Accounting Interview Questions
Questions Answers Views Company eMail

The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690

1 7484

Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572

2407

What is rate applicable of WCT in J&K

2 12234

What is the TDS ? what is fORM C & FORM 16A?

2 10301

How to calculate entry tax ??(In karnataka) Pls advice me complete computation details.

8588

What will be the TDS deducted for Net salary of Rs. 10,500 for month

2 5629

What are the taxes applicable to Diamond industries? Please let me know. Thanks.

1 4971

What is the Difference among COST,PRICE and VALUE?

2 5772

incase we sold to the goods to a indiviucal person to other state,but its claimed a form 'C' ?

2 4779

what is the use of memmorandam voucher in tally ?

1 4547

What is the WCT percentage under which the amount is being deducted in Punjab. Under what Notification and dated when???????????. Serious Senor I need the answer other wise I would not have posed this question; Please send the answer to the mail address.

2645

I have 3 units, can i vat returns all the three units only one vat form

2 4544

I have deducted tds on salary from pay slip for employees for this how to deposit govrt. department. is there any form to fillup, pls tell me the which form to be used.

2 9036

I Give a Cheque for IPO in Saving Bank Account , What entry in tally accounting softwer With Example

2 9289

how i will pass the journal entry for the shipping charges

1 9055


Un-Answered Questions { Accounting }

How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

12454


Define dual aspect term in accounting?

1079


What are the reasons which cause pass book of the bank and your bank book not tally?

997


why VAT not charged in deemed sales bill.

2405


a person have to buy 2kg items out of 4 differnt price tag item i.e potatoo rs. 10 kg, onion rs. 5 kg , radish rs. 1 kg, and chilli rs. 1 kg in rs 10 how can he do

1308


Who is debtor purchaser

1939


While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated

2284


which type audit for your company account

2288


are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?

2466


interest paid comes under which head

1485


Expand-------CSNA

2024


What is meaning of invoice?

1222


what is tax avoiding?

2039


we are the manufacture of leather shoes, we send the shoe sample to some parties , can it we shown in RG1 Register , if shown then , where ? if not then why ?

3807


What are the activities that are included in the cash flow statement?

1012