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Accounting Interview Questions
Questions Answers Views Company eMail

Tell me what do we mean by purchase return in accounting?

1157

Tell me what is the difference between accumulated depreciation and depreciation expense?

1183

Tell me where do generally accruals appear on the balance sheet?

966

Tell me did you use accounting applications at your previous companies or prefer working manually?

1053

Tell me do you possess any knowledge about accounting standards?

1106

Explain what is the disadvantage of double entry system?

1083

Tell me what do you think is bank reconciliation statement?

1119

Role-specific management accountant job interview questions:

1051

Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?

1071

Do you know what is icai?

1132

Tell me what would you say are the most important qualities of an account manager?

972

Explain me have you ever heard about tds, what it is?

1088

Tell me what is project implementation?

1005

Explain me what is general ledger account?

1159

Explain what makes a successful account manager?

1030


Un-Answered Questions { Accounting }

Who is called consignor

1993


Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.

1918


what is finance what is bpo why do u want join a BPO types of process in BPO Company's

2245


institutional investors?

2068


what is the script forms standard text in fico

2768


over all details about tax what is mean by headge fund and detail explanation?

2232


What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.

2472


You are working in a Company but due to certain reasons you were not able to complete the work given to you on time, so to write a Letter of Apology to your Senior regarding it.

2532


what is Rectification of Errors ?

2239


HOW MUCH PENALY IF SALES TAX IS NOT PAID ON DUE DATE IN HARYANA SALES TAX

2271


Define assessment year.

1185


What is the general entry for charge on bank overdraft

1499


From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900

2116


purchase return liability or asset?should it be included in the balanced sheet?

1540


we are the manufacture of leather shoes, we send the shoe sample to some parties , can it we shown in RG1 Register , if shown then , where ? if not then why ?

3807