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Accounting Interview Questions
Questions Answers Views Company eMail

HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI

3 6348

The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )

20633

what is the use of accounting standards

1975

What is Contingent Liabilities?

3 5962

Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.

2243

Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.

Dixit Infotech, KSS,

2062

why inward bill register (IBR)not called as Bills Payable?

1 5546

how to give the jv for the following transation eg',Our Comapny Name U2 1.cheque recd from customers of Associate Comapany (U1 Ltd):575 on U2(Our company Name).we deposited that cheque in our bank a/c. 2.U1 debited U2 for 575/- passing 1 jv like Due from U2(Our comapnY) dr 575 To collection from Customers cr 575. now how can I recognise both entries and how can i reconsile my BRS... This Receipt is not belongs to U2

2 4482

I want to know full details of TDS?

ITC Infotech,

2 10670

What is Opening & Closing Entry

4 19131

what is the difference between CST, VAT, SALES TAX, EXCISE DUTY, CUSTOMS DUTY

Bhushan Power Steel, Chill Land, ITC Infotech, Valeo Lighting Systems India Private Limited,

15 170094

Breif Explaination about accounts & Finance

2 4894

Breif notes about accounting standards

3100

Can we deduct tds on travel agents,if yes then what is the rate & section? ... For the current TDS rates in India, and more information about TDS deduction

Veer-O-Metals,

5 20506

what is new updates in account

Goya Foods, State Bank Of India SBI,

2059


Un-Answered Questions { Accounting }

purchase return liability or asset?should it be included in the balanced sheet?

1560


how to do asset appreciation in sap?

2762


What do you mean by balancing of ledger account?

1000


What is the difference between accumulated depreciation and depreciation expense?

1226


what is D-1, D-2, Vat-C4,

2566


I have 4 four category of emplies say Admn/Markting/Procurment/Production and the employees of thee category have there bank accounts in 5 or six different banks. How can i generate Payroll advice for the employees having account in A Or B OR C Or D falling under above category

1980


how standard costing techniques are applied in manufacturing sectors

2250


Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.

2248


in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule

2606


WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS

2292


Can I know the full description about capital and revenue in nature? and also the expenses that allowed for tax and not allowed for tax?

1955


ie it possible to charge WHT and VAT on one trancaction? if yes,kindly explain the dynamics/working of both taxes

2175


WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION

2033


If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.

2219


Please tell me the rate of service tax of Transportation and the who is liable to deposit the Service Tax, the receiver of service or provider the service

2234