On monday my interview in TCS as an general accounts
executive some one tell me about there process its realy
urgnet for me how may process of interview i want to
passout for selection and which type of question i will
face at the time of intervew its urgnet for me please guide
me for succuessful interview its realy needful for me
my question is any one having aptitude test paper sample
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Hi we can not expect what question they will ask u in
interview.but we can strongly recommend u to pls go through
ur resume what responsibilities u hv mentioned. And also as
an accounts professional you can expect the questions as
per your qualification and exp. if u r a B.com gruaduate
they will ask u only basic entries, principles
ofaccounts,treatment of prepaid expenses etc. its totally
depends up on ur experience and qualification. Ex : if we
paid 10000/- as insurance in the month of June 09 for the
period one year and their books will be closed every year
at the end of march.how wil u treat or post these entry for
insurane? (ans: June to march u need to book as expenses
and apr to next year remaining months book as prepaid exp
and will reverse those entries or amortise those expenses
for respective months and showing these prepaid expenses in
present year balance sheet in current asset) 2)entry for
salaries payable? and etc. please let me know if u need
any help through my mail ID swamydlj@rediffmail.com. and
also please let me know the question they asked in
interview once u attened the interviw.
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DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?
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