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

can u tell me what is the process of calculating closing stock?

4 6239

Hi, I need the clarification in Tax Rate in Karnataka for Frozen foods like Paratha, Briyani, Pasta's Please share the information for me

2253

how to treat outstanding salaries in accounts statements, how it is shown in receipts & payments account, income & expenditure account & balance sheet

1 4422

suppose total salaries paid is 10000, 1000 is outstanding. how & which amount will shown in receipts & payment, income & expenditure and balance sheet accounts

2 4602

WHAT IS ENTRY FOR CREDIT SALES?

9 9711

If purchaser receive 4 nos Invoice from seller agnst Inter State Purchase in One Quarter and By mistake Purchaser issued one Form C in One Quarter only for 3 Invoice. Can he (Purchaser) issue another Form C for rest 4th Invoice or not???

4 5217

how to treat visa renewal expenses in a company ? is it a prepaid expense?

1 4302

AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??

2175

Vat Tax Paid comes under which head.

2 4796

A person pays and EMI of $750 to a bank,the EMI included $400 of principle amount pass journal entry

3 10684

a company sold an equipment for $8600, but the actual book value of the machine was $8000, pass journal entry

Xerox,

3 9602

A borrower pays $1000 towards the late payment penalty to a bank A pass the necessary journal entry

Ocwen,

2 13529

the bank revised the late payment penalty charges to $750 and to the borrowers A/C, pass the journal entry for the same

Ocwen, Oracle,

1 10760

I RAISED SALES INVOICE TO DEBTOR GROSS 25000 +S.TAX 3090 TOTAL 28090 AND I RECEIVED 27528 CHEQUE FROM DEBTOR HOW TO ENTER THESE TWO ENTRIES IN TALLY AND HOW TO COMPARE ACCOUNTING STATEMENT

3 5011

WHY JOURNAL VOUCHER IS USED IN TALLY ? WHAT TYPE OF TRANACTIO IS RECORDED IN IT ?

Pharma Traders,

2 4219

Un-Answered Questions { Accounting }

What is full rate on plywood box in haryana sale tax:

1890

What are the fictitious assets?

1112

Tell us do you possess any knowledge about accounting standards?

1261

how to pass journal entries for reverse tax on input tax paid

2741

Tell me about a situation where you showed determination?

1080

Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?

2217

How often is the stock market ticker updated? 15sec? 30sec?

2892

Do you know marginal cost?

1070

define drawer or maker

4237

MMT and MID payment how post in tally

1450

I have deducted Notice pay Rs. 5000/- in which account to be booked the same enty, what is the head for notice pay in profit and loss a/c.

2053

What is reversing journal entries?

1183

Differentiate between gl date and gl posted date.

363

Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner

1931

Dillution effect on EPS

2475

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