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

#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY

2062

Can anybody explain? what's consumeble items?

1 3986

If I purchase and sale of goods at same price then effect in trading, P & L A/c

ABC,

2 5274

A individual advocate recievs legal fees. is he liable to pay service tax @ 12.36% on it?

2061

Exaplaine about RITC & how it calculated?

1 3690

WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY

Wipro,

2132

What is book Pfofit ?

3 5565

sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.

1 3670

what is MIGO and MIRO ?

Spencers,

1 4591

Un-Answered Questions { Accounting }

Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1963

A individual advocate recievs legal fees. is he liable to pay service tax @ 12.36% on it?

2061

on earth moving road work which type of tax is applicable?

1934

While depositing cash at any bank above then Rs 50K, we need to provide PAN Card or we have to fill form 60, but tell me why a person needs to sign FORM 60 if he is paying installments of >50K of Loan availed by him/her earlier? As if he is repaying Loan, not depositing in his A/c?

3716

how to mention last year profit of ay private limited company in current year balance sheet ?

1333

consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000

1518

what is Derivative Documentation,Derivative Settlements,Derivative confirmation?

2475

Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.

3368

How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?

8292

Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A

2402

What is WCT ? Who will Resposible for deposit WCT Means TDS Deductor or Material supplier. Is TDs applicable on WCT. Who will responsible for deposit WCT. I Am New For this Field. Thanks in advance...

5255

how to do the recurring entries or steps to follow that

2006

What is a comprehensive income?

1138

What is the dual aspect concept?

1287

how to calculate the rate of hard ,soft and very very hard rock rate of cubic meter

1649

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