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Accounting General Interview Questions
Questions Answers Views Company eMail

Did you use accounting applications at your previous companies or prefer working manually??

1048

What is the difference between accumulated depreciation and depreciation expense?

1208

Define depreciation and its types?

1104

What is icai?

1208

How you can adjust entries into account?

1180

How many types of business transactions are there in accounting?

1087

What is reversing journal entries?

1167

Explain the term account payable?

1051

Which accounting application you prefer most and why?

1141

Where do generally accruals appear on the balance sheet?

1117

Under what type of account do the unearned revenues fall?

1013

What is the disadvantage of double entry system?

1094

Define offset accounting?

1061

Define overhead in terms of accounting?

1080

Entries to revenues accounts such as service revenues are usually?

2194


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Un-Answered Questions { Accounting General }

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


A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.

1970


Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.

2475


Tell us do you have any professional experience of this field?

1032


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


credit card expenses entry kisme pass karenge

1414


6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

2265


Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

3579


Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me

1674


Differentiate accounting and auditing?

1130


How i should sellone the mobile phone when interviewer will ask sell this phone to me?

1519


If a transaction was missed completly how do you find it?

2085


Describe yourself briefly why you are outstanding for this post "Finance Coordinator"?

2233


Tell me what do you think is bank reconciliation statement?

1119


What does the abbreviation dr mean in accounting?

1121