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Accounting Interview Questions
Questions Answers Views Company eMail

The Trial balance will show only the Opening Stock & Purchase for any given period, but for Profit and loss, we have to calucate the Opening + Purchase – Closing stock ?

1 2528

what is suspense account in tally.

ICH,

2 4722

how much tds deducate on hotel party arrange by company

Unique Engineers,

2018

Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.

NTPC, XYZ,

1918

Can i make invoice when my client apply for TIN Number ?

SIM,

2135

if i am getting 165000 than should i dedected on my salary or not?

3 4028

Is the Bills payable is personal account ?

Income Tax, Josts Engineering Company,

2 3264

Is tds deductible on discount given to customers who book the flats? Eg: If Im a construction company.

Dinesh, Sidharth Construction and Trading,

2 3328

Why an Expenditure is called Differed?

Accenture,

1983

During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.

1668

purchases goosd in cash rupees 6500

TCS,

2 3551

Home furniture sold goods to Jhon for 150000 on 10th march 2015, due to damage occured in transmit rs 20000 worth of goods have been returned on 16th march 2015. What is the journal entry for both the instances ?

NA,

2 3149

WE purchase Firewell for our office Rs.26500/- the vendor charge 5% vat on 26500=1325 and S.Tax 14.5% on 26500/- =3843 is it is possible please clarify

1754

We purchased material from other state against C form. Here in invoice Basic price value - Rs 100000 Cst 2% - Rs 2000 and transportation charges - Rs 8000 Total bill value - Rs 110000. But in C form How much amount we have to give? 100000 or 102000 or 110000 I am waiting for your valuable reply, advance thanks.

Pharma,

1 2393

If the company acquires equipment prior to incorporation what are the accounting entries?

1609


Un-Answered Questions { Accounting }

The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry

2102


Do you know in accounting, vat abbreviates what?

1116


How will I post entries to Tally If I purchased a Car in Loan. The principal Amount = 62930 Interest = 6846 Total = 69776 We have to pay Rs 1191 every month for 4 years which include Principle amount and interest. how can I post the monthly entries to tally

27428


What is ABC Analysis in industrial function. hw can it s maintain ?

2295


What does the abbreviation m mean in accounting?

1116


in a company, if employee contributing To PF equal to employer contribution. can he voluntarily stop his contribution while he is in service with that company?

1837


What is cenvat credit?

2334


How does Cheques work while processing it in SAP? What are the effects and the methods.

2206


What is the rate of penalty charged when the given Vat Cheque dishonoured?

2504


Service tax applicable or not for Govt Guest House contract work.

2087


How to answer for the question, tell me about ur project? I mean in which format can i say?

2076


Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1889


WHICH QUESTIONS ASKED IN EPFO IN 2009.

1909


From Karnataka,while sending material out, which are all the states required Form 38?

2132


Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it

2198