genteral interview question for accounting
Answer Posted / tejkanwar
diff. b/w provisions & reserves...?
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Tell me what is working capital?
how many times we can deposit the old currency in one a/c in the bank
What are the steps to take before you approve an invoice for payment?
Explain financial accounting. What are its characteristic features?
example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.
Please provide me the entire format of P.F. & ESI
Do you know what is liabilities and what all does include in current liabilities?
What qualification do you need to become an accounting professional?
Apportionment of expenses
Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.
Cost Accounting
Where I can Found Cost Reduction Techniques Implemented by Various cement Companies
I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?