Accounting Interview Questions
Questions Answers Views Company eMail

How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer

Accenture,

1184

how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.

Student,

1103

if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??

1111

What is Provision Entry

1152

What is Prepaid Entry

1251

At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount

973

We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.

1004

capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?

1072

dear sir,how to maintain petty cash book. its voucher and posting on cash book and ledger A/c?

1000

sir, how to passes opening stock entry in tally9 when i pass entry purchases

1 1678

At what point excise duty is accrued

986

How i should sellone the mobile phone when interviewer will ask sell this phone to me?

FirstSource,

1074

Rent outstanding:2500

1 1410

Pass the journal entry: rent outstanding

1366

purchase return liability or asset?should it be included in the balanced sheet?

1030


Un-Answered Questions { Accounting }

Hi,  Can somebody help me to know whether WCT MVAt is applicable on catering service, if the caterer is uses his own material and labour for doing cooking in our premises and later the product is sold in the same premises for the employees. Kinldy advice whether WCT will be deducted on this.

1796


What is edi and explain the functions of edi.

95


While selling fertilisers can we charge VAT on excise duty.

1557


How is the accounting for hire purchase transactions done?

610


can external audit be seen as merely an overhead cost adding no value to the orgnisation

2633






Can it be possible to transfer FCRA funds to an ngo who don't have FCRA registration no.

2074


What are the objectives of accounting

1462


the selling price of a prouduct of vintex limited inclusive of basic excise duty 16% and education cess 2% and SAH cess 1% is rs 3002. find the assessable unit of prouduct?

2443


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

1714


How do you build a successful business relationship?

623


should we can take modvat benefit any time or they have some limit time to take input benefit claim?

1974


how to calculate tax for the income earners

1608


what is excise duty and how can we mantain its account in outgoing and incoming of bill status.

1504


How i pass the share holders capital entry in Tally? How to set this option in Tally?

3449


SHADOW BALANCE SHEET

12824