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Tell me what is “deposit in transit”?


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More Accounting General Interview Questions

List out some of the accrued expenses and the accounts in which you would record them?

0 Answers  


What is the golden rule of General Ledger?

2 Answers   IBM,


What is a trial balance in accounting?

0 Answers  


Tell me how can you explain the basic accounting equation?

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a purchase of Rs.750 from raghubir has been debited to his account.purchase account has been correctly debited.

2 Answers  


1. what is the general Percentage in india (%) of Deprication for Furniture, building Other Assests like Company Car, and COmputer and Airconditioner etc., Waiting for Answers

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Is it legal for an organization to keep two sets of accounting records; one for tax and one for book? Why or why not?

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what is the differance b/w direct & indirect exp

2 Answers  


can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?

0 Answers  


An importer import some goods @10,000 us dollar on cif basis following dollar rates avilable on the date of presentention of bill entry.(1) Rbi floor rate 46.35,(2) rate notify by CBE AND C under section 14(3)(a)(i)of custom act Rs.46.55 (3) Rate at which bank has reliased the payment from importer Rs.46.58, what will be assessable valu according to custom act?

1 Answers   RBI,


Tell me an example of a tough decision that you had to make?

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what is Finalization of Accounts?

1 Answers   EDS,


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