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Accounting Interview Questions
Questions Answers Views Company eMail

Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.

3079

what is bank reconcilation?

Ansell, HSBC,

8 13885

what is the journal entry for tax refund?

Firm, HSBC, Rahman Industries, Taj Group,

28 146131

is hospital is not liable to pay tax on income is hospital is not bound to file sales tax, cst return, is hospital not liable to pay service tax on the room charges they take,

3 8065

How can we post Salary, PF etc., can anybody tell me the entry

15 22220

i need sbi bank clerk exam model question papers

2355

what will you do if you dont get this job

Bank Of America, Schlumberger, State Street, Videocon,

12 19948


what is the difference between cheque and draft

Bank Of America, Bank of Baroda, BoA, MBA, State Bank Of India SBI,

34 126924

What is accounts recevable & acct. payble? How they are efect in real life accounts of the company?

Genpact, IBM,

2 9606


WHAT IS MEANIN OF DEPB LICENCE UNDER IMPORT & EXPORT

4 26532

Presently I am Working with one of the manufacturing unit and I want to know the % of calculation of esic & provident fund from basic & dearness allowance.

1 3639

sort out the difference between service provider & service reciepient from the service tax.

2068

i want report country wise with invoice number for gl account

2219


Un-Answered Questions { Accounting }

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

2717


Hi,when we pass a clearing entry of paid and unpaid tax how do we show the business area the way the business area can be seen.is there any change that i have to do in the configuration of this GL.my client wants that the business area also reflects when we post the gl.please help.

2063


which subsidiary book is source of these:debit note,credit slip,

2019


the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.

2085


I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.

2017


We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds

2257


The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).

2115


How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?

2509


hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?

1926


what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......

2131


The following transactions relating to ABC Ltd for the month of 20x1 a) Services performed in relation to income recieved in advance total $1500 b)Supplies expense includes $400 of supplies that are still on hand at 30 June c)Interest accrued on the bank loan is 750 d)At the end of june paid rent for 3 months (June, july Aug) $6000 e)Credit sales for the month of June 2009 amounted to $50000. Past expierence shows that around 1.5% of net credit sales are written off as bad debts. XYZ ltd, previously notified ABC ltd that they have gone bankrupt, will be able to pay $1000, which was recieved at the end of the month. The provision of doubtful debt has an opening balance of $800. f) The owners of ABC Ltd wish to revise the balance of the provision of doubtful debts account to $3500. g) Depreciation of one year on the delivary van is $1500. h) On 30 June 2009, ABC Ltd sold an item of equipment for $40000 cash. The cost of equipment was $50000 and had a accumulated depreciation balance of $2000 REQUIRED: Prepare the relevant adjusting journal entries for the month of June 20x2

2375


whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account

2341


i am normally accountant. i am not a CA. then i learn a account maintain

1830


What are the purposes of maintaining control ledgers?

1091


Please describe your experience in inventory reporting & valuation including reconciliation of inventory accounts.

2108