Topic :: Balance





Balance Interview Questions
Questions Answers Views Company eMail

if the balance of the supplies account on January 1 was $500, supplies purchased during the year were $1750, and the supplies on hand at December 31 were $300, the amount for the appropriate adjusting entry at December 31 is?

1 3166

The prepaid insurance account has a debit balance of $3600 at the end of the year. If unexpired insurance at the end of the year is $2800, the amount of insurance expense that should be reported on the income statement is?

2 4929

when is the closing stock shown in the trial balance?

Infosys,

14 25312

How baddebts received effects in trial balance and balancesheet

1 3286

What is bad debt ? how does it effects on Balance sheet and profit and loss account?

5 12737

why the closing stock is not considered in drawing trail balance.... Are there any other items like the above

1939

What are the causes of unbalanced current on 34.5kv feeder Ia=0.05,Ib= 0.25, Ic=0.15 and In=0.27 prior to tripping current are balance?

1335

what is contigent liabilities? whats it status in balance sheet?

Accenture, Capital IQ, Thomson Reuters,

1778

What are the types of the Balance sheets ?

Capital IQ,

14 15201

WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?

Samsung,

2042

What is a Balance Sheet & Profit & Loss Account?

1495

why balance sheet should tally?

2 4290

What is the reason for balance sheet not getting talleyed?

3 5936

Why do we prepare trial balance?

IBPS,

17 27922

Contents of a Balance sheet

6 7315




Related Topics


Un-Answered Questions { Balance }

Describe a opening balance?

1554


How a balanced equation can be used to find the mass or volume of an unknown quantity in a stoichiometry?

2033


How does overpopulation effect ecological balance?

3258


How do you balance the need for quality work, customer satisfaction and profitability?

2425


what is the diff between balance, account, none (automatic offset methods)?

2110






i had been rejected once..,now if i remove my money which i have borrowed and the passs book entry and balance certificate of the previous one, would it do for the next interview or i have to make again new statements for just 10 days??

1592


Introduction Mangalore Refinery and Petrochemicals Limited (MRPL) and Reliance Petroleum Limited (RPL) Table 1 : MRPL’s Income Statement and Balance Sheet (Rs. in mn) Particulars April 1999 – March 2000 April 2000 – March 2001 April 2001 – march 2002 Net Sales 30212.04 28891.50 53714.40 Other Income 701.37 524.50 439.90 Total Income 30913.41 29415.70 54154.30 Expenditure (30112.79) (27917.50) (51587.00) Interest (2369.59) (2378.30) (6722.90) Depreciation (1427.63) (1728.60) (3633.50) Tax (0.24) (0.30) 2864.30 Total Expenditure (33910.25) (32024.70) (61943.40) Profit after Tax (2996.84) (2609.00) (4924.80) Equity 7921.00 7921.00 7921.00 Reserves 1714.50 (1506.96) (4489.56) Debt 54082.97 50516.52 55356.94 . Table II : RPL’s Income statement and Balance Sheet Particulars April 2001 – March 2002 April 2000 – March 2001 Net Sales 331170.00 309630.00 Other Income 3550.00 2200.00 Total Income 334720.00 311830.00 Expenditure (299430.00) (279090.00) Interest (9550.00) (10320.00) Depreciation (8020.00) (6610.00) Tax (980.00) (1170.00) Total Expenditure (317980.00) (297190.30) Profit after Tax 16740.00 14640.00 Equity 52020.00 47488.10 Reserves - 34974.20 Debt - 74921.30 Table III : Quarterly Closing Prices (04/30/1996 to 09/30/2002) Date BSE-30 RPL MRPL 04/30/96 3376.64 14.75 32.50 06/28/96 3731.96 12.90 28.25 09/30/96 3519.42 10.25 19.35 12/24/96 2883.88 10.40 20.60 03/31/96 3360.89 12.70 17.65 06/30/97 4256.09 17.40 18.10 09/30/97 3902.03 19.00 21.60 12/31/97 3658.98 23.55 19.85 03/31/98 3892.75 20.50 19.25 06/30/98 3250.69 20.00 16.15 09/30/98 2812.49 17.60 13.90 12/31/98 3055.41 18.80 12.90 03/31/98 3739.96 18.70 10.30 06/30/99 4140.73 27.05 19.00 09/30/99 4764.92 46.90 21.00 12/30/99 5005.82 65.70 16.70 03/31/00 5001.28 60.04 12.35 06/30/00 4748.77 53.95 9.90 09/29/00 4090.38 56.75 8.80 12/29/00 3972.12 56.60 8.80 03/30/01 3604.39 48.55 7.70 06/29/01 3456.78 47.00 6.85 09/28/01 2811.66 29.75 6.30 12/31/01 3263.33 29.30 6.80 03/28/02 3469.35 25.85 6.80 06/28/02 3244.70 24.05 10.00 09/30/02 2930.51 23.10 7.65 Questions 1. Calculate the average return and risk on shares of RPL and MRPL during the period 1996-2002. divide the total risk on each of the stocks between systematic and unsystematic components. Calculate each of the components as a percentage of the total risk.

3934


Process of resolving a specific problem Problem helps to enhance your ability to live life happily. Yes, it looks stupid when somebody say something like this. But it is true. If you say, “how?” I explain how. When there is a problem in ones life, he tries to solve it. Once he solves the problem the satisfaction of solving the problem which he feels has no words. You can see it in his eyes, on his face, in his footsteps, and not the least all around where he is. So tell me, it works? So never give up in your life. Live the life with problem, because life’s other name is problem. No one on the earth saying he or she has no problem. One who does not say that I have problem but try hard to solve the problem is the person who live life happily. There are two system of solving the particular problems. One is: solve intuitively. Two is: solve systematically. From my point of view, solving the problem systematically is much easier, more balanced and logical. To solve the problem systematically there are some instruction like relaxing head for some time, think on problem and the solution. One must not mix two things together in such a way that you can not differentiate them. If essential, there should be different solutions for different problems. In solve problem systematically, one come across five types of questions or we can view it as steps to solve the problem. They are: 1 What are the sources of problem is means “establish the goal”: “To live is to have problems and to solve problems is to grow intellectually.” (J. P. Guilford) No problem exists in the absence of an objective. We need to know exactly what and where we want to arrive at in order for us to properly determine our track and direction. Knowing our direction is an important aspect in problem solving, as what Diana Ross said, “Do you know where you’re going to?” 2 What the problem is exactly means “identify and define the problem”: “Microsoft is company that manages imagination” (Bill Gates). It is definitely related to imagination i.e. asking ourselves what is the problem and to seek to understand more why we think there is the problem is recognized what caused it in order for us to get an objective. 3 What are the solutions of problem means “set your priorities”: “The best way to get a good idea is to get a lot of ideas” (Linus Pauling) Bifurcation between which solutions are “must” and which are “want” is difficult task. The solution which must be taken to solve the problem is listed out. Therefore it is said that “the only joy in the world is to begin.” (Cesare Pavese). 4. Which solution is best among all means “brainstorm for solution”: “That human mind is like a parachute – it functions better when it is open.” (Cole’s Rules) As per this narration, I can say that brainstorm for the solution to the problem is must. When you ask for the opinion of other, you can decide upon what to do and don’t. 5. What action to be taken to solve the problem means “plan your course of action”: “It is not enough to just do your best or work hard. You must know what to work on” (W. Edwards Deming). Plan your course of action with regard to the resources needed to implement the solution. In Living a Life That Matters, Harold S. Kushner (the Massachusetts rabbi whose best selling books include When Bad Things Happen to Good People) suggests that the most successful lives are the ones that most effectively manage and resolve that problem. In a nutshell, to solve the particular problem, Rene Descartes says that “It is not enough to have a good mind; the main thing is to use it well.” FIND OUT GRAMMATICAL ERROR?

5229


WHAT IS THE MEANING OF BALANCED / UNBALANCED IN STABILIZER TYPES.

1975


hi,i am jignesh from vadodara, i completed my diploma in food beverage from singapore in city&guilds from uk& also completed one yaer cert.corse in hotelmanagement in vadodara i have experience in taj residency in vadodara,about 3 years as a apprentice,now i plan to study in uk i want ask u which quetion he is asked in interview and if any person sponsor me in uk is it required to saw bank balance and which course i select in uk.is it extend my study in uk . in uk student visa IELTS is compulsory.

2351


can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?

1757


what is ZBA hold & balance hold in banking?

1820


what is balancesheet adjustment a/c. what is the use of this a/c in sap fico

2071


Write a test case plan for a typical banking application which involves functionalities like Balance enquiry, deposit, fund transfer etc. Make your assumptions and mention the same in your answer sheet.

1836


Write a test case plan for a typical banking application which involves functionalities like Balance enquiry, deposit, fund transfer etc. Make your assumptions and mention the same in your answer sheet.

1555