Accounting Interview Questions
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Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.

ABC,

1 2681

There is no item category assigned to account

McML,

1689

How Calculation of Bonus on Basic or Gross amount( pay in hand)?

1 3364

input vat and out put vat how it shows in profit and loss account

2 8072

can a shadow director be counted for the Board Quorum?

2 9911

if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?

1673

What Question ask in MARKIT Company?

6521

Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?

1554

where to show Preliminary expenses except "Statement of changes in working capital" in Fund flow statement?

1 3533

what is mean by account

2 3548

pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.

Marketing Sales,

1553

How to do ledger scrutiny of income items in a profit and loss account?

VWR International,

2 11135

SIR HOW MANY FORM USE FOR COMMERCIAL TAX & WHAT IS THEIR USES. PLEASE GIVE YOUR SUGGEST

1608

HOW MUCH PENALY IF SALES TAX IS NOT PAID ON DUE DATE IN HARYANA SALES TAX

RS Construction,

1676

If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.

1514


Un-Answered Questions { Accounting }

Explain compound journal entry.

601


What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?

1725


Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.

970


What is the difference between General Ledger and Ledger?

919


while raising credit note for price difference,is it mandatory to charge excise duty 12.36% and vat 14.5% on local supplies

2007






Dear Sir, My qus is my co. purchase a laptop from Abc.co. for rs-37200 on credit Emi basis from hdfc bank. i paid every month 6200rs as a installment. so i want to know how i make a entry in tally 9. and also want to know i creat laptop ledger under fixed assets or office expenses. plz tel me soon.or mail me .

1634


What is miscellaneous expense and when it is used

1677


What are bills receivable?

619


Which Invoice issued on Central Sale Commercial or Retail?

1588


whether allowances will be included in calculating esi from gross salary

1528


Tell me by saying, perpetual or periodic inventory system; what do we mean?

714


All Interview related Questions pertaining to General Ledger,Finance & Accounts.

2311


what are the various statuses of gl periods? And in which table this information is stored?

94


sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall

1491


What is the difference between Balance Sheet , Chart Of Accounts and trial Balance?

2170