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Accounting Interview Questions
Questions Answers Views Company eMail

What steps would you take to locate the errors in case trial balance disagrees?

1053

What is the difference between costing and cost accounting?

1051

What are the characteristic features of financial accounting?

1051

What does an accurate trial balance suggest?

1105

What are the purposes of maintaining control ledgers?

1093

What are the columns of a journal?

1198

what are the different types of expenditures considered for the purpose of accounting?

1070

Explain purchase day book.

1110

What is a ledger?

1096

Explain financial accounting. What are its characteristic features?

1113

What are the various systems of accounting? Explain them.

980

What do you mean by balancing of ledger account?

985

What are the reasons which cause pass book of the bank and your bank book not tally?

1002

What is trial balance? What does an accurate trial balance suggest?

1084

What are the important things to be remembered while preparing a bank reconciliation statement?

1110


Un-Answered Questions { Accounting }

Feature of Master letter of credit of Garments manufacturing company?

1913


I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.

2021


Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.

1918


Any body would tell me how to takeover withholding tax at the time of go live in sap fico

1527


what is inter-company transaction? what is Inter-Branch transaction?

8817


You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

2336


IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH

4613


How do you handle rejection?

1107


Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?

1093


What is Cenvat

4007


what are the uniform public construction cost accounting act procedures?

1974


in a every intervew asking one common question why you are living current employer, which is the best answer

3034


What is a Balance Sheet & Profit & Loss Account?

1956


how can make configration related with electronic bank statment and how can i upload bank statment to system

2064


i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive

1476