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Accounting Interview Questions
Questions Answers Views Company eMail

What are the Different heads of income tax act 1961? tax rate on companies according to current budget?

OPI Global,

6 13203

Under which head depreciation will come?

OPI Global,

4 44259

What is MAT stands for?

OPI Global,

10 15332

What is VAT stands for? what kind of VAT it is?

OPI Global,

6 12836

Journalise the following Entries? Outstanding salary of rs. 20000/- Prepaid insurance of rs. 5000/-

OPI Global,

13 28072

Give some examples under sec. 80C? What is the maximum limit ?

OPI Global,

6 22905

What are the items are the purpose of calculating taxable? - Excise duty - Fine & penalty - Loss on sale fixed assets - Depreciation on fixed assets

OPI Global,

3 8794

Define Amortization & Impairment?

OPI Global,

2 14291

explain about mergers & aquisitions? asked on 30/7/09

FactSet Systems,

2103

current ratio? asked on 30/7/09

FactSet Systems,

3 6396

explain about mergers & aquisitions? asked on 30/7/09

FactSet Systems,

2257

current ratio? asked on 30/7/09

FactSet Systems,

9 12184

TDS ENTRIES IN THE HANDS OF PAYER & PAYEE

11 46351

what is the tax rate or tax slab for the companies for AY 2009-10?

1 4876

if you reconsilation is doing at end of the month 31 march. you have question for one amount on 30th march which is the banker said that we do not know about the 30th march entry, the amount deposit and expenses. please come after one week. but u need to complete reconcilation end of march. so, what will you do know?

Genpact,

6 9754


Un-Answered Questions { Accounting }

During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?

1906


The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690

7499


What is royalty reserve?

7130


I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so

2102


accounting & audit system of film production enterprises

2442


HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.

2067


Please share different type of Z report

1380


explain the concepts of ptd, ytd, qtd and pjtd in gl?

400


what is the percentage of W.C.T T.D.S to deduct from vendor, and is this includes T.D.S deduction or again T.D.S has to deduct separately?

2537


Who advance tax is the asset for company? What are the accounting entries of advance income tax

1894


what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..

4810


what percent of wages calculate from sales of a firm (registered under manufacturing of machinery spares) sales (appr)- RS.10000000/-

2017


Explain dual aspect term in accounting?

1026


Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.

1917


What is accounting for plant assets?

1183