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

Accounting General Interview Questions

Questions Answers Views Company eMail

does deposit fall under current assets ?

ABC,

1 3182

what is debit balance report in SAP?. how do you describe DB report in brief.

1960

Value added tax is an expense to be suffered by?

1 4964

How to treat interstate exempted purchases? And its necessary to issue c form?

1 2473

In South Africa , the current rate for value added tax is ?

1660

In South Africa, the value added tax is administered by?

1608

A Vat account debit balance reported in the year end trail balance would represent?

1 3422

A business sold goods valued at R1000 excluding vat on credit to a customer. What would be the debit to the customers account if vat is 14% ?

1 2957

In which book of prime entry would the vat output Vat on credit sale be recorded?

Digitals India security, Genpact, Marketing Sales, SSIL,

2 6632

what is revenue recognition rule, and can you specify the answer.

Consero Global,

1689

How do we calculate the cost of investment?

1714

goods with drawn by proprietor for household expenses

Cap Gemini,

2 4880

Received intrest Rs.50 on advanve income-tax paid.

1 2222

where is entry done in tally of cheque bounce ???? Journal, Payment, Receipt, Contra

2 3512

in year end Balance sheet current liabilities is showing negative balance of re.-1/- how to write off the negative figure? pls help..

1 2726

Post New Accounting General Questions

Un-Answered Questions { Accounting General }

My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.

2152

Why do users of accounting information need accounting information?

966

What are the nine accounting cycles?

1070

I am working in govt. sec. How to make journal entry in books for Fix Deposit

1824

What is an interlocking accounting system?

1355

what is differnce between balance sheet of a bank & a company

1995

Why company issue shares at discount as its a loss ?

3004

Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?

1052

Do you know the term account payable?

997

What are the important things to be remembered while preparing a bank reconciliation statement?

1049

What information do you require before you approve an invoice for payment?

1094

what is ment by suspence account and dummy account

1953

how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry

1957

kindly send the TDS tariff on Security expenses, rents, transport charges etc.,

1982

I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so

2004

For More Un-Answered { Accounting General } Questions Click Here