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Accounting Interview Questions
Questions Answers Views Company eMail

Company Providing Mobile handset to all employee on free of cost and returnable basis while leaving the job. My query is- how i account the above transaction - under fixed asset or mobile expenses- ( indirect exp) or staff welfare ( indirect exp ) Kindly suggest

2 4317

In the excise bill I have applied basic excise duty only. The excise duty of cess(2%) and Hcess (1%) is not applied. Is this correct???

1 3794

how to calculate the income in accounting ?

2 4913

how to deduct tds on rent? how to deduct service tax?

2 4632

income of any school & collage can taxable, if "yes" so how.

Mitsubishi,

1 4665

if a company give salary Rs- 6000 and incentive Rs- 4000 julyy month then TDS will deduct by the company from employee account or not.

2 4524

What is the suitable method of charging depereciation?

1 4072

Please guide me... We are dealing in trading of industrial material. What is the difference between importer, 1st stage dealer, 2nd stage dealer and 3rd stage dealer? Whether all of these above can pass on the excise duty to the end user. Please tell me and thanks in advance.

1 2048

Increase in one equity with no change in the asset will result in .................... of another equity

1 4768

reserve for doubtful debts is wich type of account?

2 4349

i have 1 year gap after completing my graduation what should i say in interview?

Genpact,

4 14215

Dear sir, Please explain, Suppose I am not adjusted entire year the Input Tax Credit for sales tax related. Sales tax authority will return back the ITC Amount suppose not claiming not adjusted, it is possible or other wise that amount shall I carry forward next year?

1 3589

what is cost price formula ????

ABC,

3 5703

how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.

Essar,

1 2409

What is Balance sheet in Tally?

1 3236


Un-Answered Questions { Accounting }

Treatment of Government grant and its utilization in P

2178


Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.

2000


Tell me do you have any professional experience of this field?

1191


What qualities have you got that would make you a good accountant?

1097


From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

4285


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

2566


Anyone whose sbi interview has been over , please share all the question asked by them

2028


respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...

2109


What is account payee cheque? Expand ctc cheque?

1252


How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?

2684


i want question papers audit staff selection examination

2389


plz send me hsbs finance questions asked in the interview ans appitude also

2939


what are the new rules of central excise ?

1959


Does any one attented HSBC audit compliance test? Please let me know asap. suraj

2867


what is your achievements?

2044