Accounting Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

10% t.d.s needs to be deducted if one gets >20000/PA as Consultancy charges. Is this law applicable to physically chanllenged indiviuals whose disability is gtreater than or egual to 80%. My disability is 80% and I am working with an IT company on contract and gets 40K on a monthly basis starting Nov 10. How much TDS should I be oaying. Could someone please assist me with this query. Thanks in advance:-)

Bank Of America,

2 4763

write about an e-mail to manager seeking permission for leave

Amazon, iFlex,

4817

what is capital market

2 4693

After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP

2351

During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?

1892

Dear all, what is the limit for payment to consultaion fee to avoid tds. if it is a company firm. (even it is a 1000/- shall we have to deduct 10.3%)

2 4611

If vendor is deducting TDS amt while paying, how to pass entry inbooks. Will it be TDS recoverable/TDS payable a/c. kindly clarify

3 10904

what do you mean by profit and loss appropriation account ? what is the use of preparing it?

Syntel,

1 6878

what is portfolio

Reliance,

2 5374

what is equity share

Reliance,

3 6118

Un-Answered Questions { Accounting }

Short Answer on _______Appropriation

1920

while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited

2054

what is journal import?

406

x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?

2187

Debit Note & Credit Note?

2212

How should the personal assets of a salaried employee be shown in his books of accounts ?

1701

Hi wht r da questions which are mostly asked in an Accounts related job for freshers?

1935

how to maintain stock if any entry mismatch pllzz tell me short cut

1523

what is capital account? how to manage it? what is the process?

2191

what is the use of gl_interface?

355

My BASIC Salary is 18,000

1796

What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).

1892

Expand----------CMST

2191

why auditors are not true and faire statement of account

2324

What do you mean by Green-shoe option?

2097

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