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

Accounting General Interview Questions

Questions Answers Views Company eMail

difference between funds flow and cash flow

Capital IQ,

6 14295

difference between provisions and reserves

Capital IQ,

6 11310

what is matching concept

Capital IQ, ITC Infotech,

10 15177

what is depriciation, and its method

Capital IQ,

3 8362

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

5 7374

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

4 17693

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 14415

How many types of inventories are there for a company ?

4 7343

What is ABC ANALYSIS OF INVENTORIES ?

2 5761

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

1 4529

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

4 7715

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 9843

What Is The Difference Between Bill and Invoice.

2 10050

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

7 16112

What is the difference between Invoice and Performa Invoice ?

3 8338

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Un-Answered Questions { Accounting General }

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?

2218

Define partitioning in accounting?

1583

Explain me the basic accounting equation?

1041

What is rate & taxes in Accounting. when we make a journal entry like rate & taxes debit & party credit. So i want to guide me consider for rate & Taxes.

1673

Do you use social media to identify prospects?

1155

what are cost accounting and its applications?

1097

what is the entry of credit card received excess amount entry in tally and their under group names

1363

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

1788

How is the accounting for hire purchase transactions done?

1077

A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME

1763

if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry

1504

Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss

2404

Tell me what is accrual accounting?

3840

What are source documents in accounting?

1071

Cheque rs 1400 received from Charles in settlement of a debit of rs 1500 returned dishonored

990

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