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What is Capital Commitments means?


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More Accounting General Interview Questions

Explain: Accrual Concept, Realisation Concept, Going Concern concept, Accounting period Concept

1 Answers  


Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why

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matching concept

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Who is lance Armstrong ?

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What will be the journal entry for advance payments made to the other parties?

5 Answers  


A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.

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What are the various systems of accounting? Explain them.

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Pls let me know Job profile for Account Manager.

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Hi Everyone, We purchased the Goods from other state, and I am liable for Entry Tax, my entry Tax is deposited in bank before 15th of every month. Now my questtion is : I purchase the Packing Items from other state but I return the same to suplier should it require entry tax deposit or not for this items. please explain

2 Answers  


An estimate of assets and liabilities on a given date a)Balance sheet b)statement of affairs c)statement of assets d) statement of liabilities

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