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Accounting Interview Questions
Questions Answers Views Company eMail

3. Cash Flow from Operation: Assume a company with an Income Statement showing: Net Income …. $ 180,000/- Depreciation …. $ 80,000/- Amortization … $ 60,000/- Deferred Income … $ 40,000/- What would be the: a) Cash Flow from operation b) Ratio of Cash Flow

1810

HOW TO SOLVE T-FV-1019 Invalid File Format

Birla,

1 11611

Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure.

Accounting,

2191

OUR CO. ACCEPT SODEXO COUPONS FORM CUSTOMERS; WHEN WE SUBMIT COUPONS FOR REIMBURSEMENT TO SODEXO THEY DEDUCT SERVICE CHGS AND S. TAX AND PAY BALANCE AMOUNT, DOSE IT ATTRACT TDS?

2885

what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam

1868

Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.

2114

If my company undertakes an AMC (Annual Maintainence Contract)with a Service company for Photocopiers Machines it is understood that we will be charged 12.36% of Service Tax on 70% of Total amount however how much percentage VAT is applicable on rest of the 30 % of total amount?

3 6661

Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///

2015

RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above

2238

A change in accounting policy is justified (a) To comply with accounting standard. (b) To ensure more appropriate presentation of the financial statement of the enterprise. (c) To comply with law. (d) All of the above.

1 11824

Purchases book records: (a) All cash purchases. (b) All credit purchases. (c) Credit purchases of goods in trade. (d) None of the above.

3 5908

goods worth rupees 440 distributes free among the poor?

2071

RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above.

1 3348

What is the difference between cfa and csa?

10570

employee contribution towards PF can be taken as expenses or not

1 3545


Un-Answered Questions { Accounting }

We need to know is their any govt notification for VAT & Service both applicable for one item or single invoices

2228


WHAT IS INTEGRAL ACCOUNTING

2212


My BASIC Salary is 18,000

1805


ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT

2024


What is the Formula For Return on Working Capital

2205


please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam

2352


For what purpose ERS is used for?

2270


What is audit trail in siebel?

1204


What doyou mean by assesment order? and for what purpose it will be passed?

2102


What is your greatest achievement and why?

1012


over all details about tax what is mean by headge fund and detail explanation?

2235


What is communicating

2045


I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

1844


Define dual aspect term in accounting?

1083


If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.

2282