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Accounting General Interview Questions
Questions Answers Views Company eMail

Define scrap value in accounting?

1201

In the balance sheet, where do you show tds?

1156

Differentiate public and private accounting?

1108

What knowledge should financial accountant have?

1187

What do you think is a bank reconciliation statement?

1105

Define retail banking?

1152

What is "deposit in transit"?

1314

List out some of the examples for liability accounts?

1039

What is the abbreviation for the accounting terms debit and credit?

1063

Define dual aspect term in accounting?

1130

Mention what are things will not be included in a bank reconciliation statement?

1198

Explain what does the standard journal entry includes?

1076

Mention the types of ledgers?

1212

What do we mean by purchase return in accounting?

1154

What is the general classification of accounts that usually ledger account involve?

1150


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Un-Answered Questions { Accounting General }

Explain me scrap value in accounting?

1176


Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

2914


Explain me fair value accounting?

1073


Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect

1931


Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?

2069


Financial Accounting

2344


Explain what does the standard journal entry includes?

1076


What is the difference between inactive accounts and dormant account?

1339


Why Is The Distinction Between Product Costs And Period Costs Important?

1104


we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?

2124


I select in Vendor Master - in defualt data material - Purchasing Group as a Subcontractor but how to get report or list only Subcontractor Vendor Master in sap?

2076


my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???

1460


Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?

1942


Dear sir, In tally what is list of cost centres? and what is the list of cost categories?

1965


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

1783