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

Would like to know all the situations under which a "C" Form is issued?

1 2232

i have purchase flat Rs.51279327/- + stamp duty registration charges + MVAT + Service tax = 5332370/- & other charges Rs.2012540/- please late me journal entry in Fixed asssets.

True Fit,

1 2181

hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj

Indian Timbers,

1658

what is the rate of vat,cst,in mumbai

1696

how many times we can deposit the old currency in one a/c in the bank

2183

Please help me in this entries Pass accounting entries for the following transaction in the books of XYZ company. A rendered professional service to company XYZ and sent an invoice dated 01/01/2016 for Rs 1,00,000/- + service tax Q1. Pass journal entry for the invoice received considering the service tax and TDS. Q2. Payment was made on 01/02/2016 by cheque. Pass payment entry.

R D Traders,

1699

The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).

2115

Which books are helpful for practising accounting's most tricky sums?

1592

journal entry for interest collected by account holder from the bank?

1 2515

bill receivable is showing what A/c ( Real, nominal, personal)

ICA,

1 2607

My BASIC Salary is 18,000

Tonia Liquor Industries,

1796

Do I need a waybill in the following case:- If I purchase (on bill) small quantity goods (like artificial jewelry) from one state (say Delhi) and transports it personally (say via flight) to other state (say West Bengal) along with my personal belongings and then I put them to sell through my boutique in that state. Do I need waybill? If yes, what will be the procedure? Do I need to pay entry tax at WB? What will be the procedure? Am I doing anything unlawful while transferring goods personally? Please give your advice. Regards, Manoj

Heritage River Journeys,

1594

You own 50 shares of reliance indu. On 30th Jan 2013 Reliance indu.delcared a dividend fo rs 4 per share. The proceeds were credited to your bank account on 25th March 2013. Payment fo dividend was subject to a withholding tax 2%. Please pass the necessary journal entries in your books of accounts for the period Jan and March 2013.

AXA Business Services,

1988

How should the personal assets of a salaried employee be shown in his books of accounts ?

CA,

1701

saji become insolvant -what is journal entry

1777

Un-Answered Questions { Accounting }

Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-

1879

As you know executive accounting?

1013

Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.

2044

if any civil contractor provide service to education institute, then there is an exemption for service tax liability, and he should be quoted it on its invoice, can u provide me sample invoice formats

2202

When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.

1943

What is Hot Issue Income for Hedge Funds?

8721

Define decommission liability?

1250

you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2689

Define Salry for the following purpose 1.To calculate HRA

2153

WHAT IS NPF IN ACCOUNTS. AN ENTRY IN BANK STATEMENT" NPF SOME NAME XXXX DR SIDE" PLEASE ANSWER WHAT IS NPF?

6547

I have working with Rs.180000/- I want fill up itr 1st time What is process.

2171

What is invoice processing can u explain it?

2932

Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?

2264

are tpt, freight & packing charges part of sales & purchase ??

2152

what is exercise duty how to calculate that and how to update in tally

2340

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