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Accounting Interview Questions
Questions Answers Views Company eMail

What are control ledgers? What are the purposes of maintaining it?

 634

What do you mean by ledger posting?

 642

What is journalizing? What are the columns of a journal?

 656

List the type of transactions entered in journal proper.

 577

Explain compound journal entry.

 592

What is a ledger? What do you mean by ledger posting?

 644

Explain miscellaneous expenditures & profit and loss account debit balance

 591

Define financial year?

 706

What items fall under the category of ‘securities’?

 613

What items come under deferred tax liability?

 643

Explain deferred tax asset?

 870

Differentiate between financial year, assessment year and previous year?

 795

Who are non resident?

 680

What is the difference between fund flow vs. Cash flow?

 618

Define deferred tax liability? What items come under deferred tax liability?

 677

Un-Answered Questions { Accounting }

Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950

1907

Short answer on____________Assessment Year

1342

who invented acounts?

1401

What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)

3854

Can you explain the method to disable budgetary control for a set of books.

102




How auditing is prepared?

1933

{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?

1825

What are the advantages & disadvantages of double entry system?

623

how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE

1977

While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated

1782

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?

2129

2Create a program that accepts a number and output its equivalent in words (maximum input number is 3000). for example Enter a number: 1380 one thousand three hundred eighty

1476

how to create salary and pf statement in excel sheet?

1480

WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM

1652

What is corporate restructuring?

2027

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