2.
3.
why closing balance do not come in trial balance?if it is in which case it comes? HDFC
what is the definition of derivative, what is a security?
TDS is for claming purpose or for filing purpose.
when does accounts receivable have a credit balance?
whatis meant by contigent liability IQ
why is TDS treated as an asset while preparing Balance sheet.
What is the Meaning of Current ratio?
When Trial Balance match?
what is the adjusting entry for wages posted twice? Genpact
wages posted twice what is the entry for that? Genpact
4.
Bank Overdraf is an Asset or a liability for a Bank? ICAI
How is the Cost of Goods Calculated???? ICAI
why should we do accounts in company
WHAT IS THE DIFFERENCE BETWEEN RESERVE CAPITAL AND CAPITAL RESERVE? Capital-IQ
what is difference between depreciation and amortization ?
principles of accounts
what are the difference between bookkeeping and accounting ?
WHY SHOULD WE PREPARE PROFIT & LOSS APPROPRIATION a/c??? Accenture
what is the difference between shares & debentures
What is a General Ledger Balance? How can it be arrieved at? RBI
whether cash book is a subsidiary book?
What is mean by Tab Group in MS-Excel? IBM
WHAT ENTRY SHOULD WE PASSED IN BOOK A PERSON HAVING SALARY BASIC 10000.00 HRA
4000 PF 1500.00
why opening stock posted in the credit side
Who Invented Accountancy?? Capital-IQ
5.
What steps to be taken at the time of implementation of Oracle ERP and please give the chart
of accounts and links to be given Aster-Teleservices
what is the accounting treatemnt for issuing material to a subcontractor on recovery basis?
Entry for the settlement of loans? Wipro
Entry for prepaid expenses? Wipro
what is journal entries for cheque dishonored?
Difference Between Tax Invoice and reatail Invoice ?
Explain the effect of closing stock on gross profit and net profit. comment on the financial
health of their business.
whatis mean by accured income? Capital-IQ
what is derivative? Capital-IQ
what is balancesheet adjustment a/c. what is the use of this a/c in sap fico Reliance
what is zero balance clearing a/c. why we r maintaining this a/c in sap fico Reliance
what is inflation accounting
What is put option, call option, mutual fund? Wipro
What is audit,auditing? Wipro
Should I deduct TDS for Dyeing Charges in Garments Industry? If yes what is the percentage
under which group it will come?
6.
npv, arbitrage RRDonnelley
equity RRDonnelley
market capitalisation RRDonnelley
nav , npv RRDonnelley
hedge fund, hedging RRDonnelley
investment banking RRDonnelley
types of derivatives RRDonnelley
capital expenditure , revenue expenditure RRDonnelley
deferred revenue expenditure RRDonnelley
what is meant by derivatives RRDonnelley
Plz Give the Inventry Accounting Procedure
1.Domestic Purchases ( VAT,CST,& Excise)
2.Import Purchases ( Direct Expences & Excise )
3.When Will the Price Diffrence Entry Happen?
4.Cash Discount & Trade Discount On Purchases?
5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise )
7.Cash Discount & Trade Discount On Sales?
Please let me know the journal entry for the below. "A" paid Rs.100 to "C" on behalf of "B"
What are the legal entities that constitute your business? Does a legal entity have a seperate
Federal Tax Id? In which country does a legal entity operate? In which currency does a legal
entity operate? When does each legal entity's fiscal year begin?
what are the fundamentals of book keeping
What is Accounting? How to prepare the manual accounts? What are the manual accounts?
What are the subsidary books? How to classify, summerising and posting accounts. What are
basic and important stpes to take while preparing journal,ledger,cashbook, Bank book,
Trailbalance, Trading and profit and loss a/c and Balance sheet.
7.
what is crr
when the money introduced in india
What Is repo transaction
What is Risk Assessment?
what is the golden rules of accountancy ?withdrwal frm atm what will be the transaction ?
what is ZBA hold & balance hold in banking?
What is difference between NSE and BSE? Which company are include in NSE and which are
include in BSE? How do i will cme to now that i have invested in NSE or BSE? Catalyst
give narration of cash----a/c---Dr To cash Hindalco
What is Standard Cost? Cap-Gemini
What is mean by ETDS Syntel
Please tell me the process of Selction of Junior Research Associate in Capitaliq(Intervie
rounds&written test)
where we have file E-returns in SAP FICO-CIN/Wtax? Wipro
If in a PO, the freight condition is mentioned as Air freight and the material is actually received
by Road, how does the system check before making the necessary accounting entries?
8.
what are the balancesheet,profit& loss a/c,profit & loss aprrieation a/c format
What is General Accounting TATA
What are the General Ledgers?
Wat is pivot table
What are the general ledgers
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with
Accounting codes?
cany anyone explaing what are the functions of an Account Officer/Manager?
can anyone provide me the Balance Sheet Items & Profit & Loss A/c Items & Accounting Heads
with Accounting codes?
pls send me capital iq quition paper pls, ihave 2mr interview thanks
Diffrence between cost, financial and management accounting
what is accounting standard? Genpact
what is the difference between cash system & mercantile system Mico
What is mean by Journalising ? Capital-IQ
What is Financial planning?
9.
differed tax liability
What is the meaning of Equity & Dedt Pls Explain Clearly
What is capital market? Mellon
method of preparing the trial balance ?
what is the cost and financial accounting? what is double entry system ?
what is the organisation chart for accounting and finance ?
what is the nature of accounting function ?
define accounting,scope of account , types of account ?
what is journal and ledgers ? Prolect
differences between liabilities and assessts Prolect
what is credit balance of bank define briefly??? Genpact
What are the general Ledgers?
In Accounts payable process in BPO, how is the due date calculated? It should be Invoice date+
payment terms or Receipt date of invoice + payment terms? Accenture
what is derivaties, equities, and mutul fund BPO
shares journal entries
10.
11.
What is the depreciation rate for computers?
why should i hire you? what are your outside interest? what was your toughest decision you
ever have to make? GE
what do u mean by preliminary expenditure? what r they? where it is comes?
what is the diffrance between fund flow statement and cash flow statement. Genpact
What is private placement in Equity market ? Bank-Of-America
plz send me hsbs finance questions asked in the interview ans appitude also HSBC
what is a reconcilation statement HP
why share capital shown in liability side of a balance sheet
12
What is Suspense A/c? Mafoi
What are Accounting Concept? Mafoi
What is Working Capital Management ? Give the formula for it Mafoi
Can you tell me the closing stock entry? Satyam
HOW MANY TYPES OF ACCOUNT EXAMPLE PLS
CAN PRE OPERATIVE EXPENSES BE CAPITALISED? IF YES, HOW CAN IT BE DONE?
When determining turnover, do you first deduct all sales returns to come to an answer or is
turnover the total sales without deductions.
Please send the all account interview question to me SBI
what are the various questions asked on excel in an interview Asian-Paints
Hi Actually Im Accounts Executive Currently I Have one Offer as a Stores & Purchase
Accountant can you suggest it is good and what type of works will be there ??
what is stock divient Franklin-Templeton
Can anybody tell what is the link b/w reporate and inflation? How these parameters vary???
out standing salaries goes to whiich A/C I mean personal(or) real(or)nominal a/c
what is the difference between cash flow and funds flow
What is personal Account?
13.
WHAT IS THE DIFFERENCE BETWEEN RESERVE CAPITAL AND CAPITAL RESERVE? Capital-IQ
what is the difference between cash flow and profit and loss account?
What is the Difference between Rectification of Errors and Adjustment Entry ?
What is the Casting ?
What is the Accountancy ? Give the Answer in one sentence.
What are the Trading A/c Components and let explain about Trading account and Profit & Loss
Account Focus
what is the effect of repo rate Capital-IQ
what is BRS Capital-IQ
What is a cash flow statement Capital-IQ
what is trailbalance..?
what can increase gearing?
how to reduce axis bank emi Axis-Bank
what is the Entry for Prepaid expenses? which side it come in balance sheet? Wipro
14.
15.
WHICH ASSET IS DEPRICIATED IN TANGIBLE?
WHAT WILL BE ENTRY IF COMPANY PURCHASE A DOG FOR WARE HOUSE?
When is proposed divided a current Liability and when is it non-current liability? Why is it in the
list of Current Capital Accounts?
what amounts to appropriation of profits? When provision for taxation does not amount to
appropriation of profits?
Where does TDS payable & receivable appear in the books of accounts
Professional fees of Rs.30000/- is paid to a consultant ABC & Co. please pass the necessary
entry for the same
Interest of Rs.30000/- is received from deposits Tds of Rs 7500/- is deducted by the bank
please pass the necessary entry for the same
Under which headings the following transaction appear in bank reconciliation as on 30.06.03
particulars Interest debited by bank Chq issued to suppliers not appearing in bank statement
Chq deposited not appearing in bank statement Income not accounted in books appearing in
bank statement
An advance of Rs 10000/- is received from customer. pass necessary journal entries
Name any 3 heads shown under assets side of balance sheet.
Calculate the profit/loss on sale of the following assets as on 30th september 2000 cost of the
asset on 01.05.95 50000/- Salvage Value 5000/- Method of depriciation & date WDV 15% sales
of asset on 30.09.2000 Rs 25000/-
a) what are the rate of employees & company's contribution for PF & ESIC? b) what is the
ceiling in case of ESI deductions? c) what are the due dates for paying ESI/PF
Compute the following selling price for the follwing item: Basic cost CST @ 4% on basic cost
freight & insurance Rs 200/- Margin @ 15% on selling price
16.
What is the due date for paying monthly IT deductions, other than deductions towards salary
What is the due date for filing monthly & annual sales tax returns in karanataka
Compute the interest & TDS amount following transaction:
Compute the sales tax amount on the following transactions: MRP rs 1000/- Sales Tax is 10%
cess on sales tax is 5% Turnover tax is 1% on net turnover
what is the entry passed for sales return (sales is on credit basis)?
What is the TDS ratio applicable on professional fees?
Can u please give me example of bonds? is National savings certificate a Bond?
What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity
in/out of the system by buying/selling securities?
why we use the term profit and loss account instead of profit or loss account Syntel
what are the differences between Tally and Focus?
what is the treatement of outstanding expenses in Tally accounting package? where it shown
and what is its account type?
What are the different payrolls? how we calculate the exmployee payroll? how we calculate the
employee salaries details?
17.
18.
19.
Where we have to take the Director's current account, wages a/c, Accruals, sales tax payable in
Balancesheet
what is leverage?how many types of leverages are there and explain Capital-IQ
what is contingent asset Genpact
What is the full from of DR and CR ? Adani
How to treat the provision for bad debts which appeared on the credit side of the P&L A/c?
Wipro
How to treat the provision for bad debts which appear on credit side of the p&L A/c. Capital-IQ
can any one send me payables real time scenarious or any projects
Briefly explain about Stok valuation.
What is depreciation? What are the various methods thereof?
What is Royalty Accounting? How it calculate? Give some example.
What are the accounting conventions and Practices?
20.
What is the means of Limited.they are not asked about public limited or private limited or
difference tehy asked only what is the limited
what are the three basic acounting principles.what is account reconcilliation.what is portfolio
management GE
what is mean by Red herrting Capital-IQ
What is mean by Dis-investment Capital-IQ
What is accounts recevable & acct. payble? How they are efect in real life accounts of the
company? Genpact
i need sbi bank clerk exam model question papers
How can we post Salary, PF etc., can anybody tell me the entry
what is the journal entry for tax refund? HSBC
what is bank reconcilation? HSBC
what is the difference between credit and debit note?
what is the meaning of derivative. Capital-IQ
21.
what is the difference between fund manager and portfolio manger Franklin-Templeton
What is Contra Entry?
how to take print checks in tally SMS-Pharmaceuticals
what is the core accounts SMS-Pharmaceuticals
expense paid but the benefit not been received so far like deferred exp so can we consider it as
a prepaid exp. L&T
what is the system of accounting and banking in cooperative bank?
define p&l approprate Genpact
tell me about roll model as father Genpact
tell about friendship Genpact
what is the difference between cost centre and bussiness centre?
contiagent liabilty Genpact
types of inventory Genpact
define cost of goods sold Genpact
define inventory Genpact
22.
23.
24.
25.
26.
27.
28.
what is genpact? Tell us about genpact? what is GE? Tell us about GE? Describe your ideal
company,location and job? why we should hire you? why do you want to join our
company(GE)? What is capital bugeting? Explain the methods of capital bugeting in detail? GE
what is the usage of Acounting standard?, what is deferred tax?, what is operating Expenses
and incomes?, what is the difference between subsidary and holding company? and what is
right share and right issue?
what is difference between cash and profit?, and why netprofit comes under capital account?
ITC-Infotech
What is cash profit? how can we calcute?
are you a gay? Genpact
What is meant by Kpo?If possible tell me the process too?
What are accounting standards? CTS
why debit notes and credit notes are passed? TCS
Wat is the diff.between revenue and capital expenditure? Wat is meant by deffered revenue
expenditure? TCS
what do you meant auction? what is F & o segment?
How to Calculate Turnover? TATA
what about your self Capital-IQ
What is Mean By Defered Tax, How To Calculate?
what is service tax, how much calculated on service? Capital-IQ
29.
what is format of Trial balance
If Bank OD In Balance Sheet Which Site Showing?
What is Meany By MIS Report?What are things covered in the report?
What three Specific Job Positions do you target from the Industry GSK
Why do you want to work with us GSK
Do you have reference list GSK
How do you plan to achieve these goals GSK
What goals do you have in your career GSK
Briefly describe your ideal job GSK
What is difference between profit, revenue?
what is RTGS?
What is the defination/meaning of Mercantile Accounting?
What is mean by mercantile accounting?
In intangible assest, patents ,trade marks,copy rights we can feel or some thing can be done
but what about goodwill? Capital-IQ
30.
31.
32.
33.
34.
35.
36.
37.
38.
39.
40.
41.
42.
43.
44.
45.
46.
47.
What is the difference between an Imprest and Non-imprest petty cash account?
How to Determine Bad Debts Expense?
Question and Answer of Accoutant SSC
find the sum of all the numbers 1 to 1000
tell me something about urself? Accenture
how to attract the HR person and give me tips BPO
how to introduce ourself Kamkuo
what are the uniform public construction cost accounting act procedures?
what is the uniform public construction cost accounting act?
What is the greatest difficulty in implementing FCA?
What are the specific types of costs that FCA addresses?
What part can management policy play in the analysis of cost behaviour?
Explain the term linear approximation.
What is the relevant range and why is it important to a full understanding of the behaviour of costs?
What is the significance of the function y = a + bx?
48.
vwhy a variable cost is said to be variable?
why a fixed cost is said to be fixed?
Does the Summary Income and Expenditure account in the Charities SORP comply with the
Companies Act 1985?
Is fee income unrestricted income or restricted income?
Who would NOT be considered "independent" in the context of an independent examiner?
Do assets have to be analysed between funds?
What information needs to be disclosed in accounts?
Can grants made in stage payments but not yet received be accrued as grants receivable?
Are service charges made on tenants' property rental to be regarded as incoming resources?
How do you value freehold property investment assets?
How do you identify the amount of realised gain or loss on the disposal of an investment asset?
How do you assess the value of intangible assets such as copyrights and logos?
How do we treat grants that are received in advance of the period when they are to be spent?
How do we determine Market Value of shares?
How are fund-raising and publicity and management and administration costs apportioned over
funds?
49.
How to value fixed interest stocks, at year-end?
How should you treat money donated to improve a building, which is a permanent endowment?
Who constitute 'staff' for the purposes of showing 'total staff costs' in the accounts?
What does SORP mean?
What is "investment cash" compared with "current assets cash"?
What is Total Expenditure?
What is Gross Income?
What type of report and accounts should a company prepare?
Does there need to be a declaration that the Trustee Investment Act 1961 has been complied with?
Do assets have to be analysed between funds?
Under the SORP, do you have to disclose fees received by a trustee for a professional service even if
you have a charging clause in the Governing Document?
What form of classification of expenses is expected for a charity whose gross income does not
exceed ?250,000 preparing accruals accounts?
Does the Commission have a policy on the holding of reserves?
Can the Charity Commission recommend any accounting packages for charity accounts?
When did the accounting requirements of the revised SORP & Regulations come into force?
50.
What accounting records must a non-company charity keep, and for how long?
What accounting records must a company charity keep, and for how long?
what is open item managed account? IBM
Mention the differencebetween consiner and consinee?
what is the purpose of Aging bucket Report?
Explain the setup steps for Autoinvoice? Morepen
What is BMP in IMS?
Explain NAFCO?
what is FBT?
what is daily accrual?
Explain the difference between inactive account and dormant account?
what is shadow balance? Reliance
what are time sheets?how they are maintained?
what is the scenario of multi-org setup?
How much percentage of discounts lost did you have in accounts payable ?percentage increased or
decreased?
what is the core accounts