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Accounting Interview Questions
Questions Answers Views Company eMail

Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.

1917

Excise Duty is a tax and CST is also tax then why CST on excise duty while calculating to arrive total value of supply order?

2 7807

state wheather the following statements are true or false i, the issue of shares ata discount must be authorized by a special resolution of company. ii, operating or finance lease comes under provision of as- 13 iii, at the end of the accounting period the balance of "goods sent to branch account" is transfered to trading acount iv, for life business premium is to be recognized on receipt basis v, a banking cannot grant any loans on securities of its own shares

2 4582

i, transfer to capital redemption reserve is not allowed from A, GENERAL RESERVE B, PROFIT PRIOR TO INCORPARATION C, RESERVE FUND D, NONE OF THE ABOVE

1 10965

3, SURVEY EXPENSES FOR MARINE INSURANCE CLAIMS MUST BE A, addedto claim B, added to legal charges c, added to administrative expenses d, none of the above

1 7296

iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above

2006

v, An amount spent for inaguration of new factory building is A, revenue expenditure B, capital expenditure c, prepaid expenditure d, none of the above

1 9209

6, state with reasons wheather the following items are capital expenditure or revenue expenditure i, A factory building was constructed at a cost rs 1500000 a sum of rs 64000 were incurred for the construction of huts for storing building materials ii, rs 5000 paid for removal of stock to a new site iii, expenses incurred in connection with obtaining a license to start the business were rs 15000

1 3698

i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.

2162

define double entry bookkeeping

2290

how to file service tax online through which website it can be don.procedure...?

UBS,

1 3890

What is mean by Asset area?

HP,

2250

What are the effects when intangibles and tangible assests decrease

2156

what is the eatery for the prepaid expenses Eg: prepaid rent

Amazon, C1 India,

4 7616

If a paid to b rs.1000 on behalf of c what is the entries in The books of a,b,c pls pass the entries

ABC, Accenture, Genpact, Goldman Sachs, JPMorgan Chase, Okaya, Triburg,

9 69344


Un-Answered Questions { Accounting }

How Can We Justify the,Real A/C & Nominal A/C?

2268


Purchase book is a ----------journal

2236


What are the different types of audits?

1083


At present what is the rate of excise duty on sale of Weigh Bridge Machinery to out of state from Karnataka.

2415


Please guide in details about Payroll in Tally.erp9??

2250


Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry

2001


Weather Entry tax on consumable goods purchased against CST

2139


in what circumstances it is mandatory to calculate the goodwill.

1738


When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.

1946


what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?

4320


what is an ideal organisation

2248


At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?

2456


What is the use of final account?

1847


Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?

2206


What is c.s.t slab on furniture & fixture ?

2295