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Accounting Interview Questions
Questions Answers Views Company eMail

April-25 Paid to Mr. Y in full Settlement by Cheque Rs. 4800. April-26 Received a cheque from Mr. B in full settlement Rs. 4900.

3407

What is entry of Dishonored cheque issued to supplier

1321

The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.

1621

journal entry for goods withdrawn for personal use

2256

How many stock exchanges in India

1 2137

My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.

1399

what was the VAT rate on inverters(home ups) in karnataka on 2016??

1599

what's the difference between impress cash account and petty cash account

1735

what is meant by cash purchase?

1393

my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz

TCS,

1325

MMT and MID payment how post in tally

1439

Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????

1445

we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?

1387

I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes

1482

a cheque is received from a debtor and is deposited in the bank on the same day. what will be the journal entry?

1487


Un-Answered Questions { Accounting }

How will service tax & excise be charged?

1063


I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.

1761


Income Tax Department sends cheque for INR 2 Crore as Refund after completion of Assessment for A.Y.2011 - 2012 to a Company. As per IT Return filed for this year I.T. due to Government was INR 60 Lac but was assessed at INR 70 Lac. TDS due to Company was INR 3 Crore which was admitted as INR 2.7 Crore by Government. Government also adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which was disputed earlier by the Company and Appeal was lying with the CIT. Government pays Interest to the Company amounting to INR 40 Lac. Provision for Income Tax made by the Company in its accounts for F.Y. 2010 - 2011 (A.Y. 2011 - 2012) was INR 50 Lac. What would be the Journal Entry at the time of receipt of Refund of INR 2 Crore from the Government in A.Y. 2014 - 2015 in the books of the Company?

2564


What was use of tally erp 9? Types of vat?

1688


Define dual aspect term in accounting?

1079


agar hum koi sale return 3 month ke andar hi receive krte hai or part uski cst purchase ka bill deti hai or humse c form mangti hai to kya hum use LS-10 me tax benefit ke liye and LP-3 me c form issue krne ke liye kyoki central purchase ka haryana vat me benefit nhi milta kya dono form LP-3 and LS-10 me hum us return ko show kar skte hai

1741


Explain about cross functional audits?

2509


Where a cash discount should be recorded in a journal entry?

1083


Discuss the consistency concept in accounting

1092


what is miscellaneous expenditure??

5774


How exchange rates are maintained in sap

2019


what is the vat rate of Saw dust powder in maharashtra

4327


why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason

1557


What is BRS Adjustment entry?

4249


What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.

2271