Accounting Interview Questions
Questions Answers Views Company eMail

What is the meaning of contra entry

4 5573

State why you feel you are suitable candidate for the post applied

ATS,

1 2063

if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?

477




what is rate of vat in raj.

2 1579

how to modify 12% to 13.5% in tallyerp9 release 1.6

Reckers,

805

We may get profit or loss from business. If so we can name the statement as Profit or Loss account. But since a long time we are naming it as Profit and Loss account. Why?

1 1093

What do you mean by Debit and Credit?

5 5922

What is GAAP ?

Capital IQ,

7 6875

Gross Profit Margin ?

Capital IQ,

3 7078

Please tell me jurnal entries for input vat and output vat?

1 2290

what is the main defference between cash flow and funds flow

Chartered Accountant,

2 3801

what are the main tools of auditing?

Fidelity, Axis Inspection Solutions, Sri Padma Balaji,

1143

what difference b/w capital structure and financial structure?

1 1927

How shall I calculate the true profit of my business, as I am a layman for accounting.

548

what do you mean by bank reconocilition statement

2 2140







Un-Answered Questions { Accounting }

Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?

1063


What is Form-I, FORM-F, FORM-H, FORM-E and FORM-C?

4427


DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?

1095


why we multiply no. of purchasing year with average profit

477


please send me some previous sbi clerical interview questions to my email id....

607


How to answer for the question, tell me about ur project? I mean in which format can i say?

566


what are the questions commomly asked in reuter's interview.?

808


Hello friends, I want to sk that Is computer proficiency certificate necessary at the time of SBI clerk Interview?and all other guys who have cleared the nov 2009 exam and have got the bio data form please give replies,,, waiting for replies ,thank you.

549


Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales

269


WHAT IS THE PORTFOLIO MANAGMENT SCHEMES ? ITS WHICH TYPES INCOME ?

472


Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%

408


what is account reconcillation

739


Why you choose commerce faculty & not science or Why you are in commerce & not in science ?

695


What sort of image do you have?

560


We have wrongly used road permit of other party in consignment to kolkatta.The road permit used is the party from Kolkatta.How to resolve the issue ??

685