Accounting Interview Questions
Questions Answers Views Company eMail

A is vendor of B. B owes him 50000/-. A asked B to conduct an event on his behalf and the expenses incurred by B was 25000/-. A issued a credit note in favour of B in full , stating that TDS done @10% on 25000/-. Now , B has to settle A's balance. 1.Entries in the books of B 2.How much B repaid to A for settlement and the Entry in his books.

CTPL,

5 5664

what is the meaning of capital market?

TCS,

1 3293

Provison for payments (benefits received but bill not received at the closing of accounts)(utilites, Telephone, Rent)

Accenture,

1 4777

What Is Differ tax,

1726

A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.

1622

Is bank charges in accounting a direct expenses or indirect expenses

7 29258

I am trader & my office in Delhi & I have any Material purchase from Puna & I want directly dispatch material from Puna to Ludhina which my customer. So what can I do this transaction ? & what will the tax pay.

2 3597

What is Debenture ?

Panosonic,

4 5129

What Debt Equity Ratio ?

HCL, ICICI, Xchanging,

2 6116

WHAT IS THE MAIN OBJECTIVE TO ISSUE THE WAYBILL TO THE SUPPLIER ? WHAT IS THE TAX LIABILITY ARISES ? WHO HAS THE OBLIGATION TO PAY THE TAX ?

Essar,

2273

should we can take modvat benefit any time or they have some limit time to take input benefit claim?

2081

I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule

2061

I am getting a salary of 50000 Rs Net salary. After showing my rent bills and children school bills, still I am being deducted a TDS amount of 2000. Is there any chance of even avoiding this amount to be deducted by investing in any insurance. Please give me a suggestion.

2 3712

ambar became insolvent a dividend of 50 paise in rupee is received required journal entry for this transaction

1 10077

how can i solve accounting problems easily ????tell me the basics

Accounting,

2 4629


Un-Answered Questions { Accounting }

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

1796


what is the circle of tds and its rate chart

4979


What is ABC Analysis in industrial function. hw can it s maintain ?

1871


What are the advantages & disadvantages of double entry system?

726


Apportionment of expenses

1916






what is the actual use of pure agent in tally erp 9 and why we use in tally .and what is the role of pure agent

1863


What are the effects when intangibles and tangible assests decrease

1763


your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework

1483


what is procedure to get c form? what is procees to get vat /tin no

2035


what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?

3935


hat is the meaning of the capital ique,and hat is capital,and ahat is ique

2226


what is circuit filter?

1577


Tell us do you have any idea about service tax or excise?

725


WHAT IS THE PROVISION OF TDS RECEIVABLE AT THE TIME OF YEAR ENDING GIVE THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com

2824


how to solved the shares qusionas ?

1712