Accounting Interview Questions
Questions Answers Views Company eMail

If my basic salary is Rs 15000/- Pf is deducted on capping of 6500/- ie 780/- per month. If I work for 20 days and then my basic salary comes to rs 10000/- which is still higher than minimum limit of Rs 6500/-.Please suggest PF deduction will be 780/- or lower based on 6500x20/30x12%

9 19868

"i have received half of the salary in advance and another half in the end of month" what will be the journal entry for this?

ACS, Genpact,

6 14380

what is depreciation ? and its entries ?

Genpact, HC, HCL, HP, TCS,

8 12713

suppose you make a bill with service tax and on the time of service tax return you have deposit the same. but now party denies to pay the value of service tax. what adjustment entry you pass to rectify the a/c.

2 3409

what is bank reconcilations statement

Intelenet,

3 5466

what is the difference between trial balance and the balance sheet.?

CTS,

1 4748

why do we prepare balance sheet as on a particular date and not for a year?

1 3716

Accounting Question Help Please? I would like to know how I should journalize this entry: Credit invoice received from Sam's Trailors for a 10% price adjustment on invoice #515, $1910 Please tell me what to debit/credit....purchase discounts, or purchase returns. THANKS

1 2940

what is book profit

Wipro,

1734

financial statement of company sales(1,00,000 units @ Rs.10/-) 10,00,000 Variable costs 5,00,000 Contribution 5,00,000 Fixed costs 3,00,000 Net profit 2,00,000 p/v ratio 50% BEP 6,00,000 Margin of safety ratio 4,00,000 If the price increases by 10% what shall be the new p/v ratio and BEP? If the price increases by 10% is accompanied by a reduction in volume by 12%,what shall be the effect on BEPand profit?

1 3305

Tell me if the company wants to enhance thier business and incured the cost on other building (like Buliding Material, Iron and Others) so we will put it in to the expenses or i have to put it into the Fixed asset land and buildin by passing this entry Land and Building (Dr) Bank/Cash/Detors) (Cr) Thanks

3 4695

Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not

ITC Infotech,

5 5521

we received from chq from particular firm.how to make entry in tally9.0? And Particular firm under which group.(Sundry debtor or sundry creditor?

Banking,

7 7430

OUR BOOKS & ITR MISMATCH FOR RS.15000/- ON ACCOUNTS OF TDS ON RECIEPTS FY-09-10 . KINDY GIVE CORRECTION ENTRY TO MATCH THE BOOKS WITHI ITR. DEVENDRASINGH086@GMAIL.COM

1548

what type of questions are asking for fund administration???

HSBC,

5038


Un-Answered Questions { Accounting }

What is accounting & why it is used?

612


What sort of image do you have?

1885


Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1475


Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.

1863


we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?

1481






what is balancesheet adjustment a/c. what is the use of this a/c in sap fico

2071


Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?

1610


i wanna p.y tax assistant exam question paper Please send this as earlier as.

1647


what is the amount withdrawlfrom other cbs branch by multicity chequ book.

1423


What is deffered income

1704


Aptitude Test Questions

1628


what are the basic elements to prepare a quarterly information system and how to calculate that items?

1379


Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)

1642


what is a difference between public and private accounting?

641


I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.

1502