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Accounting Interview Questions
Questions Answers Views Company eMail

why tds is considered as asset

2 3285

the amount of tds is remain same shall will be deducted by deductor or deductee

1 2742

How do I pass entries towards advance paid to program ependiture. ex: Rs.20000 advance paid to Program officer. and he come back with program expenses venue Rs.1000, food expenses Rs.10000 and travel Rs.4000 and accommodation Rs.6000. Kindly give me the answer that how do I pass the entries and how should I adjust advance.

Communication for Development and Learning,

3 4315

advance received from customer what is the general entry

5 4991

I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

College School Exams Tests,

1841

Is tmb is nationalized bank?

1 4456

what is roc which works roc

1 2581

what is the bank reconcilation

Garuda, MRMS,

3 4992

I am a trader supplying goods to an exporter in other state. Is it enough if I get form H from him, to avail tax exemption?

1 2679

When we purchase Some goods Like ( Machinery's) we want to generate way bill ? Kindly Clarify .... Because recently we are purchased medical Equipment for our hospital use but vendor asking Waybill...Shall i give waybill or not Please let me know..?

1 2633

In the General Ledger.. When putting discounts, you put discounts on the DR side for Creditors and Discounts on the CR for Debitors.. Which side does discount go on for the rest of the accounts such as Purchases, M Dog, L Shirt, and L Dress?

1 2489

how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000

ABC, ACC,

2176

The stock investment and opening stock of a firm are Rs.500 and Rs.1000 respectively. Calculate its closing stock.

1 4656

Journal entry for interest received

Atkins, CP,

5 6605

Sir we have maintaint RG 23 Part I Excise Register manually but we can maintaint excise register in Tally erp 9 we tray but tally not show properly RG 23 Part I Excise register like manual. please guide & solve the problme.

Bharat Industries,

1869


Un-Answered Questions { Accounting }

What is the definition of manual accounting?

1183


My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?

1580


Sold goods to Gasha 600 by cash

1404


what is composition vat

2395


Differentiate between consignor and consignee?

1164


If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.

2206


diffrence between the profit center and business area

2084


What is mean by Asset area?

2250


WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?

2044


Hello Sir, My Name is Shoaib, I am Novice in Accounting Field. I want to learn the simple & step by step, procedure to final my company account. Please Help

1906


differences between liabilities and assessts

4335


what will be my tax if i suddenly got 800000 to 1000000 in my bank by chq from sale of an old house?

3874


We are working as Merchant Exporter. My Question is can we Sale the products against 'H' Form to the Exporter after purchasing the material against 'C' Form? Or only Manufacturer can make sale against 'H' Form.

2017


under which ledger should i make opening work in progess and closing work in progress

2058


Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///

2013