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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 2273

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?

2696

what is opening stock formula?

1603

entry for cash received from debtors

1589

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

1515

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

1476

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 1880

Please share different type of Z report

1370

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

1504

Sold goods to Gasha 600 by cash

1400

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....

1305

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..??

1522

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..??

1378

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.

1346

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

1 1827


Un-Answered Questions { Accounting }

What is the value of the Budget for 2009-10

1975


In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.

1816


promotions of a new apointed auditor in cgda.

2468


Describe me accounting rules

1943


Please provide me the entire format of P.F. & ESI

2111


When we paid TDS on commission how will journal entry come

1444


What is supporting documents enclosed & must be required to Submit of quarterly & Yearly Sale Tax Return (Haryana)

1914


how i get h form

2230


Can you tell me entry tax will be applicable on Spectacles purchase from u s a  

1899


define drawer or maker

4232


i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1875


What is accounts payable?

2146


cash with drawn from bank with issuing self check vide ch no.123456 how to enter in sap. please send answer anyone this is very helpful to me

2259


what will be the possible question for an interview in account post as a fresher

1987


Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?

1808