Interview Questions Answers in Accounting AllOther

madhu

{ City } hyderabad
< Country > india
* Profession * accountant
User No # 12418

Total Questions Posted # 0
Total Answers Posted # 4

Total Answers Posted for My Questions # 0
Total Views for My Questions # 0

Users Marked my Answers as Correct # 37
Users Marked my Answers as Wrong # 12

Questions / { madhu }

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Answers / { madhu }

Question { 15129 }

What is Total Expenditure?

Answer

Tot. Exp = Sales+ other income - Net Profit

Is This Answer Correct ?

10 Yes

4 No

Question { Capital IQ, 85621 }

THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN
OF BALANCE SHEET

Answer

Here the Debit balance of the P& L A/c means Loss. sO it is
shown on Assets Side of the Balance Sheet or the same is
deducted from the capital A/c

Is This Answer Correct ?

9 Yes

2 No

Question { India Infoline, 19431 }

WHAT IS A SHARE?

Answer

Share means a part of the Capital

Is This Answer Correct ?

12 Yes

2 No

Question { Genpact, 20278 }

what is net profit?

Answer

Net Profit = Direct Income + Indirect income - (Direct Exp +
Indirect Exp )

Is This Answer Correct ?

6 Yes

4 No