Answer Posted / gulzar singh

why not, by chcance if you miss to deposit service tax on
sume bills then you can deposit service the same in another
challan.

when & how interest on unsecured loan is calculated?

1864

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Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?

1012

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Tell me as a higher position in the accounting department, you will be responsible for overseeing other employees' accounts. What experience do you have in leadership and management that will prepare you for this responsibility?

929

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Do you think there is any difference between inactive and dormant accounts?

1121

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What is invoice processing can u explain it?

2874

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I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

1784

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In accounting, vat abbreviates what?

1089

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Other accounting interview questions to expect when you interview for an accountancy job include:

990

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What does the standard journal entry includes?

989

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I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.

1712

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Mention in simple terms what is the difference between asset, equity, and liabilities?

938

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why we multiply no. of purchasing year with average profit

1939

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Describe me accounting rules

1885

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What are the purposes of maintaining control ledgers?

1048

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Define trade bills?

1162

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