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Accounting Interview Questions
Questions Answers Views Company eMail

What is Deferred income what is the difference between accrued income how it will effect on Financial statement

Cap Gemini,

1 1428

One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?

 2127

what is opening stock formula?

 981

entry for cash received from debtors

 1134

Real,Nominal or Personal. Where do reserves, general reserve and Specific Reserve Go? and why?

 964

drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?

 989

Goods destroyed by fire rs.2000 and insurance company claim rs 1250. This is shown on adjustment,how is it posting on profit and loss account and balance sheet

 1 1218

Please share different type of Z report

 926

if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry

 979

Sold goods to Gasha 600 by cash

 836

I want to know that , If we called a person for one day for drive our company van or any other purpose. so how it will accounted in our (i.e companies) Books of accounts....

 819

If we are placing the order in amazon on behalf of the customer who is ordered from other e-commerce sites and the goods is directly billed to the customer address from the amazon sellers and for the same we are receiving some profit at that in our books of account what entries need to be passed...?? do i eligible to get the ITC on the GST amount paid..??

 984

Hi, If I am placing the order in amazon on behalf of the customer who place the order in other e-commerce application in which If I mention the billing address of the customer and goods will be delivered to the customer from amazon ,and other E-commerce site will deduct their commission on the certain % and make the payment to me on some what profit at that time how should maintain my books of account..??

 927

sir, i want t know, i got a cheque frm sindhu (that amount i gave her as rent advance, she is returning nw) bt the cheque has cancled and bank take cheque return charges so plz give this journal entries.

 898

how to posting tally esi employer contribution and pf employer contibution not included in salary

 1 1203

Un-Answered Questions { Accounting }

Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

2309

how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

1556

what is service tax? how its count? and why its count?

1550

what do you maen by Expected rate of return ? Is there any formula for expected rate of return? what is systematic & unsystematic risk ? how to calculate both the risk?

1552

Tell me that how I can evaluate the internal control audit?

683




what is dividend? how do the use an accountancy?

1593

My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523

1663

What is the meaning of scrap value in accounting?

707

What is account in accounting?

645

tell me about roll model as father

1709

What is Analysing

1667

What is the difference between inactive accounts and dormant account?

679

What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?

1579

In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.

1160

taxes leivied on carpentar & plumbing services

1267

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