Interview Questions Answers in Taxation, Accounting General

simhadri

{ City } sale,
< Country > india
* Profession * accountant
User No # 34854

Total Questions Posted # 0
Total Answers Posted # 3

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Questions / { simhadri }

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Answers / { simhadri }

Question { Bajaj, 249653 }

what is excise duty, how much rate calculation on
manufacturing goods?

Answer

Present excise duty is 10.3%
(That means ED:10%+Edu.Cess:2%+Sec.Edu.Cess:1%)

Is This Answer Correct ?

0 Yes

1 No

Question { Alpha Technologies, 81437 }

How to pass advance entry in tally, and how it should adjust
against future invoice.?

Answer

How to pass advance entry in Tally?
Ans.)Advance payment is debit to party's advance a/c and
credit to Cash/bank a/c

HOW IT SHOULD ADJUST
AGANIST FUTURE INVOICE.?

Ans.)In future invoice the advance amount less from the net
payable amount. And the tally entry is Credit to party's
advance a/c and automatically debited to invoice grass amount.

Is This Answer Correct ?

39 Yes

22 No

Question { 4550 }

how to calculate PF
how to calculate esi

Answer

Calculation of PF is 12% on Basic salary is less-than 6500/-
If Greater than 6500/- PF is 780/-

Is This Answer Correct ?

11 Yes

2 No