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Accounting Interview Questions
Questions Answers Views Company eMail

Create Good Will of Rs 125000 and apportioned between the existing partners A,B and C as per their sharing ratios 25%,35% and the remaing %. Pass journal entry

1 3685

Ramana deposited directly in our Andhra Bank towards deposit for DealershipRs 15000/-Pass entry

Andhra Bank,

6 8374

Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry

2202

Good will of Rs 100000 brought by D,a new partner was withdrawn by the partners in equal ratios.Pass required entries

1 3551

Received from Krishna Murthy Rs 26500/- in full settlement of due Rs 30000/-. Pass entry

9 62381

Sold goods worth Rs 75000/- inexchange of old furniture worth Rs 15000/- and balance in cash. Pass entr for it

1 3983

A furniture dealer purchased 10 units of sofa sets each costs 2500 out of which one is for shop purpose.Pass necessary entry

5 6362

Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

2184

Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry

2236

Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance

1868

Purchase of goods worth Rs 354800 from Anand traders which is inclusive of vat tax 4%. Pass entry showing vat in detail

Reliance,

1 2938

Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note

2098

Sent debit note to Vijay traders for short supply of material Rs 4500/-Pass entry

1 5259

Transfer nett profit of Rs 325000/- to Reserves and Surplus

2439

Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

2292


Un-Answered Questions { Accounting }

promotions of a new apointed auditor in cgda.

2470


Difference between security rules and cross validation.

357


WHAT WE HAVE TO IF WE MAKE A BILL 5% CST IN PLACE OF 2% CST AND DIPOSIT THE TAX

4320


what do you meant auction? what is F & o segment?

2299


What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.

2272


what is purchase consideration? How does it come about and how is it treated in the books?

2540


When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

2080


A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?

2127


How do you add/remove a payment block for particular invoice ?

2184


What is the use of final account?

1848


How should the personal assets of a salaried employee be shown in his books of accounts ?

1705


Process of the settlement cycle?

2118


We have wrongly used road permit of other party in consignment to kolkatta.The road permit used is the party from Kolkatta.How to resolve the issue ??

2150


My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523

2110


please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?

1843