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

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Accounting Interview Questions

Questions Answers Views Company eMail

how do we pass the Entry for Depreciation?

6 7336

how do we pass the Entry for Reserves? and What is the Meaning of Surplus?

1 16082

My firm issues a cheque for Rs 28000/- today towards Advocate fees to Adv. Mr X. After three months the same Adv. Mr X is paid Rs 25000/- as Adv.fees. How do I handle the tax part u/s 194J of the I.T.Act? Do I have to pay TDS on the first paid Rs 28000/- or ignore, or while paying him the 2nd cheque deduct tax on Rs 28000/+ Rs25000/= i.e., Rs 53000/=. Or on the other hand also pay Interest on TDS on Rs 28000/= for delaying the payment? Trust the issue is crystal clear?

3 8487

WHAT WILL BE ENTRY IF COMPANY PURCHASE A DOG FOR SECURITY PURPOSE?

3 9767

journal entries

2 5517

what is Voucing?

ABC,

2 6707

Dear Sir, Which FORM to be used for service Tax deposit challa for security agency or is it manadatory for deposit challan online .

1 3461

WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.

2074

how to value stock?

1 3779

what is bank reconciliation statement?

3 5298

Is it possible to list only a portion of Equity Shares leaving the balance as unlisted?

3116

our company purchased a used Forklift car. it is 6 year old. since it has reached its depreciated value, do i need to take it as a Fixed Asset? or just book it as an expense ?

1 3824

Why do you want to work as an accountant?

2 5708

What extra accounts and legal formalities are maintened In excise firm other then normal saling firm.? also tell me tax aspect in Excise firm?

1956

i am working in a construction company. my question is can we claim VAT paid on items like (i. e . Vat paid on stationery, purchase of printer catridge etc exp for official use. indirect exp.) ?

4 6542

Un-Answered Questions { Accounting }

how a fund flow statement benefit the individual, corporate?

2244

How to calculate rental exemption if HRA is not given seperately and what will be the maximum allowability and under which Section of Income tax

1868

What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?

2303

Why we debit expenses and credit incomes ?

1781

how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?

1888

cheque deposit is a contra entry?

2154

WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?

2115

Being BE student why you want to join bank?

2404

Do you know public accounting?

1070

What is good accounts Process & Execution capabilities?

2166

Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.

2081

Which books are helpful for practising accounting's most tricky sums?

1592

A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500

2710

HI FRNDS THIS IS NARESH I DONE MBA (FINANCE)IN 2011. AND I DID COMPLETE SAP FICO.I WANT TO DO START CAREER WITH SAP FICO PLZ TELL ME PLZ HAVE ANY INTERVIEW AS FRESHER IN HYD OR PLZ SEND THIS MAIL...NAINALA.NARESH@GMAIL.COM

2393

WhatIs the limit of duty exemption in smal scale industries.

2189

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