Accounting Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

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Accounting Interview Questions

Questions Answers Views Company eMail

I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.

1854

What is work contract?

2 5587

What is ITC and on which goods we can claim it?

2 4843

which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan

TCS,

2306

Expand SEBI

1 4690

what is main rule of accounting?

Accenture,

1 4690

All Expences Debit?

2 4625

please tell me debit credi entry , in respect of salary advance and how to deduct,advance paid to employee

Morgan Stanley, Tops Technologies,

6 10443

i dont no what is tcs and tds what the use and how to calculate Tcs&Tds

UniverCell,

2028

I MR A REGISTER DEALER IN MUMBAI [MAHARASHTRA], I WANT TO PURCHASE GOODS FROM BANGLORE AND DIRECTRY SALE TO HYDRABAND. IN THIS CASE WHO TO MAKE / PREPARE MY SALES BILL IN MUMBAI AND WHICH SALES TAX FORM I WHAT TO ISSUED.

1854

Journal entry of outstanding wages is Wages a/c dr TO O/s wages a/c In the Above journal entry why outstanding wages has to be credited ? and o/s wages comes under which account, and why (Personal, Real, Nominal)

Capital IQ,

7 31454

What is bond ? What is capital market?

Northern Group,

1971

Is vendor statement recon done as two way process? Statement to Ledger Ledger to stement?

Capital IQ, Cognizant,

4 9068

what is the diffrence b/w TIN and CST both are same?

3 6347

I Need Full details about calculating value added tax ?

1 4116

Un-Answered Questions { Accounting }

how to calculate vat, st, cst, excise duty, customs duty, tds.

1651

Please give me as example of service tax & Vat Posting through Tally.

2098

define accounting,scope of account , types of account ?

3526

what's the difference between impress cash account and petty cash account

1652

What's format of CMO & CMA Data?

2631

Capital employed is Rs.5L. Goodwill is to be valued at 4yrs purchase of average super profit. Normal rate of return is 20%. years: 2006, 2007, 2008, 2009, 2010. net profits: 1,20,000; 1,50,000; 2,00,000; 2,50,000; 3,00,000 drawings: 60000; 72000; 84000; 96000; 108000 calculate goodwill

825

What was the most difficult deal you had to close?

950

sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA

2093

What is FBT & Service Tax Remittances?

2182

is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power

1601

define double entry bookkeeping

2232

please tell me how to take stock (not enter in purchase) in Tally ERP 9 in Case the goods recived against from FORM 38 The Company sent me consignment for sale on behalf commisson & after sale he want FORM F. so please tell me procesure of TAke the Stock in Tally for the Created Sale Invoice & Tax Invoice. Thank You

2182

In one year how many times tds, service tax, and Mvat is paid?

2700

What are the accounting conventions and Practices?

2136

What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)

4359

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