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

Accounting General Interview Questions

Questions Answers Views Company eMail

WE have paid two month Advance salary on dated 03 June 2010. What will be journal entry inthe month of june for advance payment. And what will be journal entry in the month of july and August for salary adjustment.

5 9066

what are profitability ratios?

BA Continnum Solutions, FirstSource,

4 7397

what is profit and loss(dr) in cash flow statement?

2005

What is the written of minimum cheque value?

1 12774

WHETHER CAPITAL RESERVE CREATED OUT OF SALE OF FIXED ASSETS OVER AND ABOVE THE COST BE TRANSFERED TO PROFIT AND LOSS ACCOUNT

2013

What is TDS ? How its entry will be passed in accounting book ?

2 7200

What is Excise Duty ? How its entry will be passed in accounting book ?

2 18449

why debit is called debit.& why debit is on left side,why not on right side ?

3 9949

What does mean is Profit & Loss Account Shows Debit Balance in Trail Balance ?

6 20350

whatisledger

5 6224

HOW GET DUTY AND DRAWBACK ? ON WHICH TYPES ITEMS WE GET DUTY DRAW BACK?

1 7960

A persons salary 1 lac per month .How i can save the tax to company & persong giving by breaking of salary during year 2008-09 when FBt is applicable ?

1 3822

I want to know accounting information in oracle apps projects costing module. i.e Which account is cr and which account db. Please help me.

2093

which will be the assessement year for2010-11.

2 4507

if accounting year is 2010-11 which will be the assessement year.

7 6989

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Un-Answered Questions { Accounting General }

What is the difference between accrual

2063

Tell us how can you define departmental accounting?

993

What does a demo/presentation need to be effective?

911

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

979

Capital reserve is - a) real account b) nominal account c) personal account d) none of them

888

The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.

1741

What is balance sheet and off balance sheet?

1038

Tell us do you have any idea about service tax or excise?

1014

Is push down accounting accepted under generally accepted accounting standards?

1150

What is the entry for closing stock value reduction?

2504

What is an Automatic Payment Program ?

2067

How can you define departmental accounting?

1219

At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount

1407

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

1042

What do we mean by Redemption of shares and debentures?

2297

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