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Accounting General Interview Questions
Questions Answers Views Company eMail

What is C & F Activity ?

Birla,

2 6010

which type of questions did HR Manager ask and what are the answers

Bank Of America,

2157

Mr.x gets Rs66000P.M .He told that you donot cut any dedution from my salary.This is possiable please tell some useful investment

2 4813

If closing stock is given in adjustments, how we show in tally 9.0 ?

Genpact,

2107

what is service tax

3 6181

My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.

2257

how to pass entry of petty cash in tally 7.2

11 31607

how to account salary advanced from petty cash

1 3781

suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.

2363

pre paid expense is a asset?where it should be posted.

Genpact,

7 16738

What GP resew of balance sheet taking.

2255

Why we do depreciation?What is the main object of Depreciation?

Capital IQ,

6 15674

What is Differed revenue expenditure?

Capital IQ, Genpact,

8 15213

What is Share Premium?

Capital IQ,

7 13469

When did Bonus shares issued?

Capital IQ,

10 15410


Post New Accounting General Questions

Un-Answered Questions { Accounting General }

Do you know what is project implementation?

1071


how to account branches in tally

2483


under which ledger should i make opening work in progess and closing work in progress

2089


salary payable deduct tds entry

1653


"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

2090


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

2913


what is different between leaser of subsidary book and journal?

2021


In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/

1692


Revenue Expenditure

2174


Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?

1163


which subsidiary book is source of these:debit note,credit slip,

2083


What are the nine accounting cycles?

1176


My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?

1615


What are the features of financial accounting?

2208


x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?

2234