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

tds percentage on advertisement add agency

3 4677

Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me

1677

How can adjust income tax with TDS???

1 2757

At the end of financial year need to verify the all entries in the books of accounts

CTS,

1 2839

the following information wads extracted ffrom the book of a business man :debtors as on 31/12/1987 $25000 bad debts during 1987 $1000.provision for doubtful debts is to be maintained at 5%. a provision for discount is also at 2%. you are required to calculate the amount set aside in respect of provision for doubtful debts and provision for discounts on debtors respectively

1 2717

what is the differences and similarities of cash inflow , revenue & gain

1 2911

What is the actual meaning of Ledger Account?

1 3066

sir, please suggest me. If in case work contract, wct not deduct by principal contractor then what is the consequence ? I mean please clear me if the principal contractor not deduct wct then is the contractor (sub) liable to pay wct ?

1654

On which amount Work contract tax (wct) is to be calculated - on the labour part, on material cost or on aggregate cost (labour + material)?

Insurance,

3 4262

Hello every one i'm going to interview for as an account profile company is construction works so plz guys help me about furthering interview question

Capital IQ, Construction, Genpact, Real Estate,

2121

How many indian accunting

2 3338

sub hadding no. scrap & Wastage in corrugated box

2170

Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.

ABC,

1759

ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form

Delight Auto Industries,

1787

What accounts are to be debited and credited in this case o

1839

Un-Answered Questions { Accounting }

Let me know the liability positions of Partners

2007

In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?

2120

what is the difference b/w gain and profit?

1952

Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!

5434

what is t code of gr/ir report?

2735

I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.

5910

Please guide me... We are dealing in trading of industrial material. What is the difference between importer, 1st stage dealer, 2nd stage dealer and 3rd stage dealer? Whether all of these above can pass on the excise duty to the end user. Please tell me and thanks in advance.

1999

sort out the difference between service provider & service reciepient from the service tax.

2070

how to get a job in stock markets for MBA-FINANCE?

2079

can any one send me payables real time scenarious or any projects

2105

What is the journal entry of building rent and TDs payment?

1543

My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.

2112

give me only one transactions in both side (debit&credit) should be in real accounts

2180

my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz

1325

what is excise return, what is form requirement and what is procedure for excise return?

2195

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