please tell me GENPACT finance interview questions
Answer / ratish kumar
1. Tell me about your self ?
2. Golden Rule
3. What do u mean by Account Payable & Receivable?
4. What entry will be pass for Bad Debt?
5. What is Accumulated Depreciation?
6. What entry will be pass for Credit Purchase & Sale
including Vat & Discount.
7. What entry will be pass for advance? and how is it adjust
with next following months. ( ex- Rent 10000/- in advance
for Nov received in Oct than what entry will be pass in Oct
nd Nov ??)
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Accounting records only transactions which are expressed in ---------------------
expand D I N
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
Anand put Hire charges bill for Rs 185250. During the course of work we supplied diesel worth Rs 25360,paid driver battas of Rs 1050.Pl pass journal entry by taking security deposit @ 5% and TDS @2.25%as deductions from bill
Paid a cheque for Rs 26500/- to Vishnu traders on behalf of Haritha trders for material supply
Where does TDS payable & receivable appear in the books of accounts
Short Answer on _________Accounts Receivable
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