Accounting Interview Questions
Questions Answers Views Company eMail

A company issues new debentures of Rs.2 million, at par; the net proceeds being Rs.1.8 million. It has a 13.5 per cent rate of interest and 7 years maturity. The company’s tax rate is 52 per cent. What is the cost of debenture issue? What will be the cost in 4 years if the market value of debentures at that time is Rs.2.2 million?

3072

Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 You are required to calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

1 3293

Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why

3322

Suppose you buy a one-year government bond that has a maturity value of Rs.1000. The market interest rate is 8 per cent. (a) How much will you pay for the bond? (b) If you purchase the bond for Rs.904.98, what interest rate will you earn from this investment?

2 6101

Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

4 11689

How do caculate goodwill of a company?

Genpact,

2 5833

what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??

1533

is F form needed while making intra stock transfer ?

2 5726

what the three thing that can not make accounting statement balance?

1 3780

mention five items that is commonly use when preparing trading and loss account

2 3983

why u maintain accounts in business

2 3860

ONE EMPLOYEE TAX CALCULATION: GIVE INVESTMENT OF HOUSEING LOAN BUT HOUSEING LOAN TAKEN HIS BROTHER AND SECOND APPLICANT THIS EMPOYEE SO, QUE ARRISE IF INVESTMENT DOCUMENT OF LOAN TAKEN OR NOT....?

INDUS,

1 3627

What is the CST rate in India for sale of Tractor spare parts

Infosys,

1 5727

where will lostv appear in balance sheet?

Alfa Automation, TCS,

1 3322

what is accural

Genpact,

5 8327


Un-Answered Questions { Accounting }

What is Statory Books ?

1829


hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent

2249


Define `Realisation` Account? Explain the salient features?

2542


what is service tax? how its count? and why its count?

1553


HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?

2256






Is commodities transaction tax a permissible business expenditure? Explain

1706


Breif notes about accounting standards

2595


If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet

1984


Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?

581


I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

1303


is there a way to load values for a specific segment outside of the form?

115


I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?

1283


ACCOUNTING CONCEPTS AND CONVENTIONS

1652


procedure to get Raw Material free of excise duty under Central Excise Act,

1510


Where I can Found Cost Reduction Techniques Implemented by Various cement Companies

1652