Accounting Interview Questions
Questions Answers Views Company eMail

Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c

WNS,

1046

we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.

1148

Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?

1025

can we change date in tally.erp s/w in educational mode ?

1141

payment made to the credit card from bank.In that half are personal and half are business related.how to account these transaction without credit card ledger.

ABC,

1 1634

if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?

996

I purchase New DVD for Students, what can treat this expenditure is recurring or non recurring

1 1481

if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally

1052

professional tax payment for april 2017 paid from ranbeers credit card what are the expesses booking entry in tally

1009

What are documents need to vouch while doing sales vauching?

986

Provident Fund a/c will comes under which account Personal, Real or Nominal A/c

Cargill,

1 8675

What is LC (Letter of Credit)..?

Bajaj Electricals,

1 1751

GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?

IBM,

1049

what are main accounting entries in a vehicle dealer

1009

Journalise- opened a saving a/c with S.B.I. ?

1167


Un-Answered Questions { Accounting }

if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever

1534


what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......

1697


What is the Corporate Tax, Minimum Alternate Tax, Professional Tax, Business Tax Describe Me

1817


Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax

1427


what would you contribute for bhels growth

1633






A Service provided has provided bill amounting rs. 100000 dt. 30/04/2013 & i have paid amount with 30000 Rs. as on 24/5/2013, & 20000 paid on 7/6/2013 & rest of the amount has been paid as on 15/6/2013 then on which amount TDS has been deducted. may it deducted on Bill amount or payment amount? If bill amount then at which date TDS entry should be done ? & if on Payment date then which date. and if i want to compute interest for late payment of TDS then Which date should be consider for interest payment computation. Do the needful for the same.

1486


we are Rising contractors(Propritorship concern) and register with "mining of minerals" service. we rise the bills to mine owner (we do not add the service tax in bills) monthly. can we eligable for paid to service tax.

1525


What is the distinction between cost accounting and management accounting?

611


What elements of your job do you find most difficult?

6253


What's the accounting entry when an Invoice is created in AR?

1577


How does an internal audit differ from an external audit?

672


sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method

1893


How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?

5870


WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME

1594


What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

1467