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Accounting Interview Questions
Questions Answers Views Company eMail

Have you ever made mis reports and what are they?

1110

Do you think there is any difference between inactive and dormant accounts?

1232

What is liabilities and what all does include in current liabilities?

1108

How much statistics knowledge is necessary or required in accounting?

1458

Explain how you can adjust entries into account?

1233

Why some asset accounts have a credit balance?

1141

Define partitioning in accounting?

1641

What does the standard journal entry includes?

1110

Explain what is liabilities and what all does include in current liabilities?

1177

Differentiate between consignor and consignee?

1218

What is compound journal entry?

1095

Define fictitious assets?

1324

Mention whether the account "cash" will be credited or debited when a company pays a bill?

1215

Mention what is bank reconciliation?

1244

What is bad debt expense?

1131


Un-Answered Questions { Accounting }

We have wrongly used road permit of other party in consignment to kolkatta.The road permit used is the party from Kolkatta.How to resolve the issue ??

2216


Under the provisions of the BST Act, no registered dealer is allowed to collect any amount by way of tax in excess of the amount of tax payable by him. Excess tax collected is to be forfeited to Government. However i want to know whether tax payable amount is the amount before the set off claimed or the tax payable amount after availing the set off.

1955


what is form requirment for monthly, quartely, and yearly sale return for haryana

2202


who invented acounts?

1913


what is cost accountinp

2391


what are the different causes for discrepencybetween the balance of cash book and pass book

1958


Explain what a deferred asset is and give an example?

1168


Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.

3095


Explain purchase day book.

1157


Mention what are things will not be included in a bank reconciliation statement?

1204


How can you explain the basic accounting equation?

1161


Explain what is bad debt expense?

4115


what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?

5689


pass journal entries of the following transaction in the books of AG sindh, AGPR,FTO and SBP: 1)DDo sindh house submitted a bill for purchase of furniture to AGPR islamabad for Rs.200000 on 20th March 09; 2)AGPR issued cheque on 2nd april which was cleared by SBP on 5th April; 3)On 26th may, voucher were exchanged in the clearing house; 4)On 28th May, AG sindh issued advise to settlement to SBP karachi; 5)On 5th june,SBP HQ karachi sends a copy of clearnce memo along with bank statement to AG sindh and AGPR for settlement made on 31st May.

3067


Is financial accounting necessary?

1125