Interview Questions Answers in Accounting AllOther, Accounting General

What is deffered revenue expenditure

Answer

deffered revenue expenditure is such an expenditure wch r of revenue in nature but the benefit derived from such expenditure last for more than one accounting period

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0 Yes

0 No

Question { 3898 }

describ salary statement

Answer

salary account is a nominal account...it appears in profit&
loss account of the company

Is This Answer Correct ?

1 Yes

1 No

Question { FIC, 9338 }

What is the meaning of cost center?

Answer

cost center means any person,company ,or unit in realation to
which costing is done

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0 Yes

0 No

Question { Steria, 6332 }

what is revenue expenditure

Answer

revenue expenditure are those expense which are reoccurring in
nature

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2 Yes

0 No

Question { PWC, 7758 }

what is the gernal vocher ?

Answer

for recording general transactions

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1 Yes

0 No

Question { Genpact, 17600 }

accrued income

Answer

accrued income means which is due to be received

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0 Yes

1 No

Question { 4916 }

Describe in brief introduction of Account.

Answer

personal account
real account
nominal account

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0 Yes

0 No

Question { 5981 }

what is cost of captial

Answer

is the required rate of return from the capital invested

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1 Yes

0 No

Question { 3899 }

what means accounts

Answer

summarised statement of transaction held

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3 Yes

0 No

Question { 32207 }

what do you mean by dual aspect of accounting?

Answer

double entry system of accounting

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9 Yes

2 No

Question { 4613 }

can anyone tells about the reserve money

Answer

general reserve

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1 Yes

0 No

Question { 8009 }

which a/c affect by contra entry

Answer

contra entry affects cah and bank account

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0 Yes

0 No

Question { 7305 }

what is term loan?

Answer

loan given for fixed period of time

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3 Yes

1 No

Question { Chartered Accountant, 5033 }

Balance Sheet

Answer

balancesheet is a statement prepared at the end of accounting
period to know the effect of various transaction in asset &
liabilties of the company.

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13 Yes

1 No

Question { 5682 }

please proovide the answers for the reasons for the
differences of cash book and pass book

Answer

pass book maintained by bank
cash book maintained by individual

Is This Answer Correct ?

5 Yes

0 No

sumitra