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What is the equation for acid-test ratio in accounting?


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More Accounting General Interview Questions

Under which Category TDS payable and TDS receivable will fall explain the rules

1 Answers   JLM Aircon,


shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?

0 Answers  


what is basic difference between accounting and finance

4 Answers  


When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

0 Answers  


Contra asset accounts have credit balance and are an offset to a related asset account ? true or false .

3 Answers  


1.WHAT IS BRS? 2.WHY DO WE PREPARE BALANCE SHEET? 3.WHAT IS TRIAL BALANCE? 4.WHAT IS VENTURE CAPITAL? 5. WHAT IS DEFFERED REVENUE EXPENDITURE?

2 Answers   Engineering, FactSet Systems,


fixtures of the the book value rs.2500 sold off at rs. 1600 and new fixtures of the value of rs.4000 were acquired what would be amount of capital loss if cartage on purchase is rs. 5? a.2500 b.900 c.1605 d.4005

1 Answers   Xerox,


What is liabilities and what all does include in current liabilities?

0 Answers  


What is a contra entry

5 Answers   Genpact,


Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?

0 Answers  


what are the supporting documents of expenses?

7 Answers   Accenture,


My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.

0 Answers  


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