Accounting Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

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Accounting Interview Questions

Questions Answers Views Company eMail

Compute the following selling price for the follwing item: Basic cost CST @ 4% on basic cost freight & insurance Rs 200/- Margin @ 15% on selling price

2 6301

a) what are the rate of employees & company's contribution for PF & ESIC? b) what is the ceiling in case of ESI deductions? c) what are the due dates for paying ESI/PF

Ess Dee,

6 18445

Calculate the profit/loss on sale of the following assets as on 30th september 2000 cost of the asset on 01.05.95 50000/- Salvage Value 5000/- Method of depriciation & date WDV 15% sales of asset on 30.09.2000 Rs 25000/-

4 11789

Name any 3 heads shown under assets side of balance sheet.

7 14797

An advance of Rs 10000/- is received from customer. pass necessary journal entries

16 54268

Under which headings the following transaction appear in bank reconciliation as on 30.06.03 particulars Interest debited by bank Chq issued to suppliers not appearing in bank statement Chq deposited not appearing in bank statement Income not accounted in books appearing in bank statement

1 3985

Interest of Rs.30000/- is received from deposits Tds of Rs 7500/- is deducted by the bank please pass the necessary entry for the same

4 11033

Professional fees of Rs.30000/- is paid to a consultant ABC & Co. please pass the necessary entry for the same

43 105163

Where does TDS payable & receivable appear in the books of accounts

Northern Group,

5 29174

information about IBM.

IBM,

2 6056

what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?

2269

When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?

2295

What will be entry if company purchase a dog for ware house?

14 24483

Which asset is depreciated in tangible?

3 6535

Sms service provider's bill (tds applicable or not)

Emerson,

8 29308

Un-Answered Questions { Accounting }

what is the procedure for Delhi WCT payment , we have a registered office at mumbai and we have a branch at delhi for that renovation we have deducted WCT ,we have ur VAT and CST no for delhi branch do we need have additional registration for this payment

7507

In accounting, vat abbreviates what?

1165

What is accounting

4636

How to calculate rental exemption if HRA is not given seperately and what will be the maximum allowability and under which Section of Income tax

1888

Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?

2048

what is deemed sales? how to calculated

2368

What is Accounting on Computers

2008

The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )

20652

Hi All, Can any body Explain the End to End Flow of Product Costing in SAP with Integration Point and Journal Entries Involved in the Flow ?

2028

What is the New GL concept? how do you configure new GL a/c?

2093

Explain accounting 101?

1136

Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.

2261

what would you contribute for bhels growth

2092

Define control account Thanks

2014

How does an internal audit differ from an external audit?

1119

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