Accounting General Interview Questions
Questions Answers Views Company eMail

What is general entry credit purchase with discount?

Intelent,

9 14897

What is the reason for balance sheet not getting talleyed?

3 5892

what is BRS? 12.Why is it used ?

14 15086

Why do we prepare trial balance?

IBPS,

17 27796

How do u calculate closing stock in training account?

6 6465

What do you mean by depreciation?

14 16835

What are the various methods to depreciate an asset?

4 13117

What do you mean by contingent liability?

Siemens,

10 16172

How do you calculate Profit earned per share?

7 14719

What are the golden principles of accounting? Give an example for each.

3 13306

Contents of a Balance sheet

6 7238

Why do you prepare a P/L Appropriation a/c?

3 16830

Diff between Net profit & Gross profit?

HCL,

12 18360

Explain: Accrual Concept, Realisation Concept, Going Concern concept, Accounting period Concept

1 15871

Difference between P/L a/c and Trading a/c

13 49386


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Un-Answered Questions { Accounting General }

What qualifications have you achieved?

628


What does an accurate trial balance suggest?

640


Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.

1311


WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?

1639


How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

11450






M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

1377


Explain what is liabilities and what all does include in current liabilities?

631


suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.

1730


What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.

34132


Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%

1397


DIFFERNCE BETWEEN RESERVE AND FUND?

4897


What is difference vat

1640


if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3266


Explain what are the accounting events that are frequently involved in compound entries?

642


Explain me how much mathematics knowledge is necessary or required in accounting?

595