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What is the formula for acid test ratio in accounting?


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More Accounting General Interview Questions

Rs. 30,000 salary due to manager, but not paid. what will be the journal entry for this transaction?

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amount drawn from propritors s b a/c Rs : 10000/-, intridused in propritors current A/c same amount, and same Rs :10000/- withdrawn by the propritors. please pass the entries for this transaction in double entry system.

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What are the rules for debit and credit for different accounts to increase the amount in your business accounts?

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previous year tax adjustment (i.e. short/excess provision) on completion of its assessment in current year should be shown in p&l a/c or p&l appro.a/c?

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What do you mean by trial balance?

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why are accounting firms needed?

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What do you mean by Accounting ?

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Explain have you ever prepared mis reports and what are these?

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what is payroll

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what is journal entry for outstanding bills payables?

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What u know abt mutual funds?

0 Answers   Franklin Templeton, icl, Syntel,


I HAVE DEPOSITED SERVICE TAX AMOUNT IN WRONG HEAD CATAGORY i.e IN BUSINESS AUXILEARY HEAD BUT DUE TO OVER SIGHT IT HAS BEEN DEPOSTED THROUGH E PAYMEBT IN TRANSPORTATION OF GOODS BY ROAD KINDLY SUGGEST WHETHER IT CUOULD BE RECTIFIED FROM SERVICE TAX DEPTT. OR BY ANOTHER WAY AND WHAT IS THAT ? PLEASE ALSO CONFIRM WHETHER WE HAVE TO RE DEPOSIT THE AMOUNT OR MAY BE ADJUSTED IN CORRECT HEAD

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