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Accounting Interview Questions
Questions Answers Views Company eMail

how to prepare for accontant examinations

1 2175

what kind of items are posted in the income statement?

eClerx, Tata Motors,

2 20700

what is Gratuity? why it is deducted ?

Magna Infotech,

1 5470

What will be entry pass in tally if TDS paid by Credit Card.?

TCM,

1 2139

what is cost audit?

1 2191

Examples of automatic generated content material of car logbook loans?

1 1891

Why buyer have to issue C forms & what is the issue

1 3641

How to charged TDS on salary and How many charged percentage?

1 3098

Provision for Service tax, Income tax and Sales tax

FSS,

1 2181

Should we give C form with Freight, Insurance, P&F after CST?

1 3960

IS C form is receivable against 0 value invoice issued to customer for promotional items

1 3567

what is meaning NPA?

Capital IQ,

5 12871

I want to know the Payroll Accounting Questions

Genpact, Infosys,

1 2766

We had paid TDS against rent in assessment year 2009-2010. But by mistake one of the pan no of the landlord was wrongly entered. Now the demand has been raised. Please advise how to correct the situation.

1 2078

fiscal year variant Vs posting period variant

1 2176


Un-Answered Questions { Accounting }

What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

2034


what is rate of different service tax in haryana

1854


Which accounting applications are your familiar with?

1060


As you know account executives need to be talented salespeople. Do you have experience making sales?

1085


please provide to us the rules of wct in andhra pradesh (Hyderabad)

2281


i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............

2538


Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance

2094


How to get C forms in online? Plz give me Processor Thanq

3389


Can u provided all the dues date and depositing date which are used in general manner or Income tax..

1795


2. You are required to prepare a Profit & Loss Account for the year ending 31st December, 2007 and the Balance Sheet on that date. The Trial Balance of XYZ Ltd. for the year ended 31st December 2007 is as follows:- Trial Balance of XYZ Ltd. as on 31st Dec. 2007 Debit Balances Rs. Credit Balances Rs. Materials used 3,50,000 Sales(including 2% Sales tax) 9,18,000 Cost of Labour 1,50,000 Sale of Scrap 100 Stock, finished and work in process on 31st December, 2006 50,000 Rent received 2,000 Wages : Factory Staff 15,000 Discounts 2,750 Directors Remuneration 50,000 Recovered against fire claim re : Stock 5,000 Salaries : Clerical Staff 75,000 Capital : Equity 25,000 Insurances : Workmen’s Compensation 1,500 Preference- 9% 8,000 General, fire etc. 2,000 Creditors 1,56,000 Directors’ Life Insurance 1,500 Provision for Taxation 1,05,000 Maintenance : Buildings 1,000 Profit & Loss Account 13,750 Plant and Machinery 12,500 Rent and Rates of premises and hire of plant 20,000 Heat, Light and Power 15,000 Experimental and Laboratory Expenses 10,000 Canteen Expenses 5,000 Staff Welfare expenses 2,500 Motor Expenses 12,500 Professional Charges 2,800 Postage and Telephone 3,500 Books, Printing and Stationery 11,000 Sundry expenses 10,000 Carriage and Packing on Sales 3,300 Discounts 5,000 Debtors 1,78,000 Freehold Property 50,000 Plant and Machinery 12,500 Fixtures and Fittings – Offices 3,500 Office machinery and Equipment 3,000 Motor Car and Van 6,500 Stock of materials on 31st Dec. 2007 1,20,000 Bank 38,000 Sales Tax Paid 15,000 12,35,600 12,35,600 Depreciation is to be provided at the following rates: Plant and Machinery 10% Fixture and Fittings 05% Office Machinery, etc. 10% Motor Vans and Cars 25% The stock of finished goods and work in progress as on 31st December, 2007 was Rs. 35,000. Provide for preference dividend and ordinary dividend at 10%. The total taxation liability is estimated at Rs.1,50,000 of which Rs. 75,000 relates to the current year. Debtors include Rs. 10,000 deposited as security against government contracts. The Works Manager is paid partly by salary and partly by a commission; he is entitled to a commission of 5% on the amount by which the surplus in the factory cost exceeds 20% of the sales for the period. Charge the commission if any in the Profit and Loss Account.

2326


hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com

2415


plz send me hsbs finance questions asked in the interview ans appitude also

2955


How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?

2575


Explain a time when you have not met your goal?

1176


respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...

2128