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Accounting General Interview Questions
Questions Answers Views Company eMail

A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10

2052

Can Minority Interest be negative or equal to zero?

IBM,

1 30658

What will be the journal entry for the following - 1)Goods purchased from Mohan for Rs 5000 2)Goods purchased from Mohan on credit Rs 3000 3)Salary paid to Mohan 4)A sum of Rs 120 is realized on the sale of old furniture

ICICI, State Bank Of India SBI, Toshiba,

10 70217

what is cash flow statement and fund fund flow statement

2 5003

what is differenct between capital expenditure and revenue expenditure?

5 6944

Capital employed

3 5785

why i want to join Hawkins company

Hawkins, HDFC,

2245

PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)

2053

Why Capital IQ?

Capital IQ,

1 4822

what is the entry for provission for salary t 31march and 1st april and payment

5 7533

what is come first debit or credit? means in the bussiness debit comes first or credit

Ernst Young,

4 11912

why net profit add in capital in balance sheet

7 28510

Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.

1 3290

how to calculate AMC charges for the financial year

1 13456

Manoj & Mahavir joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Manoj 90000 Withdrawals of Mahavir 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

3 5690


Post New Accounting General Questions

Un-Answered Questions { Accounting General }

What are negative postings?What are Credit memos ?Payment Requests ?

2157


Explain me bills receivable?

1074


What are document required by the bank to make payment for debit memo (Import). if we have allready made payment for orignal bill.

1913


how pass journal entry in the month ending for input vat and out put vat

2249


Proprietor paid amount of Rs. 11060/- for car insurance. Pass Journal.

1442


how can we get a leaverage in intraday market if are not a professional acount holder?

2163


my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.

2013


What qualification do you need to become an accounting professional?

1050


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

2045


Why in SAP external number range should be selected for depreciation posting . any specific reasons for that explain me? Raj

2149


have you ever been involved in an invoice dispute? How did you manage the problem?

1115


Dear Sir I had already export to dubai. now I am to know that can I enter this sale entry in RG1. pls guide me.

1918


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

1127


Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?

1068


if any otion in tallyerp9 version about doing Luxury tax work

2058