Accounting Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

Audit (531)
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Accounting General (3976)

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Accounting AllOther (4595)

Accounting Interview Questions

Questions Answers Views Company eMail

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

1159

What do you mean by ledger posting?

1070

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

1156

List the type of transactions entered in journal proper.

1140

Explain compound journal entry.

1031

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

1105

Explain miscellaneous expenditures & profit and loss account debit balance

1069

Define financial year?

1112

What items fall under the category of ‘securities’?

1048

What items come under deferred tax liability?

1113

Explain deferred tax asset?

1309

Differentiate between financial year, assessment year and previous year?

1245

Who are non resident?

1109

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

1082

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

1166

Un-Answered Questions { Accounting }

in what circumstances it is mandatory to calculate the goodwill.

1736

when we want bought a new asset (for ex. car)how we calculate our income with the eye of income tax

1913

business sepsarate entity concepts

2182

What is Home Loan Modification?

2185

What is the difference between cost accounting management accounting and financial accounting?

1084

A individual advocate recievs legal fees. is he liable to pay service tax @ 12.36% on it?

2000

If the company acquires equipment prior to incorporation what are the accounting entries?

1609

have you ever been involved in an invoice dispute? How did you manage the problem?

1115

Under the accrual basis of accounting incomes are recognised at the time -------------------

2198

IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE

6912

What is control in accounting?

1024

i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD

1867

Short Answer on __________Accrued interest

1844

If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not

2075

what is the specific purpose of assigning balancing segment values to the legal entity in accounting manager setup (as once assigned, the same value is not allowed to be selected for any other legal entity), if this value is usable for the operating unit(s) that does not have this legal entity context?

365

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