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Accounting General Interview Questions
Questions Answers Views Company eMail

difference between funds flow and cash flow

Capital IQ,

6 14129

difference between provisions and reserves

Capital IQ,

6 11179

what is matching concept

Capital IQ, ITC Infotech,

10 14961

what is depriciation, and its method

Capital IQ,

3 8284

What is a accounts? and why have u prepare Accounts only one methods ?have a possible a different pattern?

5 7248

what is profit & Loss Appropriation A/c. why it is prepered? what are its benefit for a company

4 17593

In Balance Sheet Why we entered Liabilites & Incomes under Liabilites side , Assets & Expenditures under Assets side.In general think incomes are asssets,expenditures are liabilites.

Genpact,

9 14211

How many types of inventories are there for a company ?

4 7244

What is ABC ANALYSIS OF INVENTORIES ?

2 5685

How a company can purchase materials from any other state without a way bill ?

1 4476

When the closing stock will be reflected in trial balance & at what value

4 7580

My company has just bought a car. The breakdown is as below: cost of the car = 50000 Interest = 15000 Registration fee = 500 Road tax (first year) = 1800 Please show me the correct entries in the books Thank you

6 9694

What Is The Difference Between Bill and Invoice.

2 9960

If we can write Credit to cr. so why we can`t write Debit to Dt. or De. why we write it Dr.?

7 15931

What is the difference between Invoice and Performa Invoice ?

3 8261


Post New Accounting General Questions

Un-Answered Questions { Accounting General }

how can we get a leaverage in intraday market if are not a professional acount holder?

2119


Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales

1658


Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.

2084


How to pass journal entry of gifts purchased for employee by using campany ATM card

1366


Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?

2146


What are the criteria for accounting job?

1888


How to make a vat entry in books including setoff?

963


A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.

1988


What is royalty reserve?

7080


non cash or bank income or expense

1784


i want to wearies heads under direct expenses and indirect expenses

1957


Dear Sir, Tomorrow i am going for interview at TCS-Mumbai.Please let me know what kind of question are going to be asked.

1977


what is the journal entry for gas connection taken by company for preparing tea and coffee.

2287


Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?

2205


Explain purchase day book.

1062