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

Accounting General Interview Questions

Questions Answers Views Company eMail

How much mathematics knowledge is necessary or required in accounting?

1022

Define the term material facts in accounting?

1232

Mention the types of accounts involved in double entry book-keeping?

1071

Define trade bills?

1210

Do you have any idea about gst?

1100

What are the accounting events that are frequently involved in compound entries?

1154

Which account is responsible for interest payable?

1 2643

Mention why some asset accounts have a credit balance?

1069

Can you name any other accounting application?

1125

What are the rules for debit and credit for different accounts to increase the amount in your business accounts?

1200

How can you define departmental accounting?

1275

In accounting, how do you define the premises?

1260

Differentiate accounting and auditing?

1131

Explain what is accrual accounting?

1057

Define a company's payable cycle?

1239

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Un-Answered Questions { Accounting General }

You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically

1545

How do you prepare a balance sheet from a trial balance?

1107

Why an Expenditure is called Differed?

1982

In the case of stock transfer from one branch to another branch any reverse credit is applicable.

2046

Cello pen gross value is 935.89 for 12 nos 14.5% tax

1935

pls. tell me with detail (what is the rate of service tax and w.c.t. for a contractor who do civil work -make building and repairing. what is the format of generate a bill for (with material and labour both ) what entry should i pass in my accounts bokks. general and sales entry.

2208

Where do we create House banks and what is the process in sap fico

1502

what's the difference between impress cash account and petty cash account

1735

Why is accuracy important in accounting?

1069

What is the objective of the balance sheet?

1181

1)What is E-1 Sales (Sales in Transit) Full Guidence From Issue to receipient. 2) What is F Form How Are procedure

1849

By saying, perpetual or periodic inventory system; what do we mean?

1187

I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?

2060

A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500

2710

how to solve cashbook question

3275

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