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Tell me what is an over accrual?


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More Accounting General Interview Questions

1) XYZ Ltd bought goods for Rs.200000 from ABC Ltd. The co gave 10% discount. give journal entries in the books of ABC Ltd and XYZ Ltd. 2) Goods bought for Rs.400000. While transporting goods destroyed. Insurance co agreed to pay 75%. post journal entries.

6 Answers  


purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law

0 Answers  


Our company is in manufacturing stage and we had paid advance payment to several suppliers for some construction purposes. As manufacturing stage I want to treat it as Capital work in progress.So kindly advise how can we pass the entries for the same.

1 Answers   Reflective Aluminium Glass,


Companies formed by letters patent?

1 Answers  


5. What would be the pay-back period of a project requiring initial investment of $10,000/- and expected to generate a cash flow of $ 2,000/- per year?

1 Answers  


what is the eatery for the prepaid expenses Eg: prepaid rent

4 Answers   Amazon, C1 India,


Are you comfortable with cold-calling?

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how loan is different from debenture?

5 Answers   State Bank Of India SBI,


As a Manufacturer we are paying service Tax on Inwards freight and the same amount we are taking as a credit against payment of Excise duty. So,Pls clarify how to pass JV

1 Answers  


Tell me different branches of accounting?

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As you know executive accounting?

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i have query on bank reco. pls suggest me on my following question my bank bal as on 31.3.09 was rs 700000 but after reconsilation it was 100000 because there was two three cheque was ulcleard. which bal should i take in new FY & how i show into account

5 Answers  


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