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Accounting Interview Questions
Questions Answers Views Company eMail

hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..

1 2112

When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?

1 2011

we are selling a device for 6000 and the company want to replace that device with a new device which is a bit more than the prior price say 7000. how we can account this?

Calsoft,

1 4155

we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?

2 3526

what is deferred profit ?

2 6050

Hey can any body tell me..What are negative assets?

1 2166

what is the principal of accounting

2 4612

How much time does it take for a pay order to be made?

1 4039

what about present pf rate can anybody defined clearly

2 4485

What is the difference between financial accounting and management accounting?

2 4967

What do u mean by Vouching? What is Vouching?

2 5854

What is the posting of TDS Receivable in balance sheet

7 32652

is depreciation a fictious assets?

2 6529

Hey guyz I m looking for a Job in Accounts Sector can anyone help me I hve 2 yrs of work experience...

1 3834

What is corporate assesses?

Genpact,

1 2522


Un-Answered Questions { Accounting }

Can you please provide me the present VAT precentages in Andhra pradesh and other states CST persentages with good's wise.

2086


what are the new rules of central excise ?

1970


The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.

1789


How many invoices on average do you handle on a weekly/monthly basis?

1320


Please some one tell me what is the VAT or WCT rate for works contract at Tripura

2586


please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com

2010


HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)

3560


What is the use of final account?

1904


is there easy guide for the latest India tax & accounting information for 2010?

2082


What sort of image do you have?

2047


what is the new rate of c.s.t in uttraklhand

2445


someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..

2577


What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?

2045


please send me some previous sbi clerical interview questions to my email id....

2223


rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.

1759