General Accounting Interview Questions and Answers

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Accounting General job interview preparation guide. Number of General Accounting frequently asked questions(FAQs) asked in many Accounting General interviews

  1. General Accounting questions updated at 09 Dec 11 in Category Business and Economy and visited 387 Times

General Accounting Questions and Answers:

1 :: What is golden rules of account?

personal a/c - debit the receiver, credit the giver

real a/c - debit whats comes in, credit whats goes out

nominal a/c - debit all expenses & losses, credit all incomes
and gains
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2 :: What is Goodwill?

Goodwill is an intangible asset of a company which includes company reputation, fame etc., through goodwill company share value may increases
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3 :: What is the difference of Fund Flow Statement and Cash Flow Statement?

Fund flow deals with transaction within financial year (One
year) whereas Cash flow Statement record only cash
transaction.
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4 :: Maximum retail price rs.100 including vat 12.5 % what is basic price?

88.88basic price
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5 :: What is the TDS deduction & Service charges for FY 2011- 2012?

It is deduction of taxes where from the income is generated and regarding services to be taxed there are about 120 services which are taxed in India for provision of service tax
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Top: General Accounting Interview Questions and Answers
General Accounting Interview Questions and Answers

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Frequently Asked General Accounting Job Interview Question


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