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This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 3351. |
Who is creditor |
| Answer» Creditor is those person who take mony for by any ways. | |
| 3352. |
Accounting priciple |
| Answer» | |
| 3353. |
What is the depreciation? |
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Answer» Reduction of the value of the fixed assets due to the passing out of time Decrease in the value of an asset |
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| 3354. |
Were does expense on sale and expense on purchase comes in final accounts |
| Answer» Expense on sale is shown in dr.side of p/l a/c and expense on purchase is shown in dr. Side of trading a/c. | |
| 3355. |
Define depriciation. |
| Answer» Depriciation is the fall in the value of any fixed tangible asset due to its usage or accident | |
| 3356. |
Journal entry format |
| Answer» Debit all expenses and assets , credit all liabilities , income, capital | |
| 3357. |
Types of accounts |
| Answer» There are two types of account s personal and impersonal account. In personal and other name related accoynts comes but in impersonal real and nominal account is there. | |
| 3358. |
Difference between net profit and profit |
| Answer» Profit is the thing which we obten by our business In whole year. Net profit we obten after giving taxes ,to our shareholders and our government and in last whatever is left it will called net profit. | |
| 3359. |
Any of the questions you can ask |
| Answer» OK then who come first a hen or a egg can you please give me answer Mr yadav. | |
| 3360. |
Write 2 examples of non current liability |
| Answer» | |
| 3361. |
Rent received is operating or non operating income? |
| Answer» | |
| 3362. |
Why does the level of water not change when sugar is dissolve in water |
| Answer» First of all I want to tell you something that this is not account question . But for your kind information I am telling . water contain few empty place in it so when sugar gets dissolve in it then there few partical leave in it . And it goes in that place which water is containing . | |
| 3363. |
What is passing marks out of 90 in accountancy |
| Answer» 35 marks | |
| 3364. |
What are the limitation of accounting |
| Answer» 1.historical cost: In accounting goods are shown in the value which they are purchased nd not the market value which hinders the valuation of business.2.Alternative methods prevailed:as u know that there r various metods in doing a single task which hinders comparisons | |
| 3365. |
Which a/c is not considered while preparing trial balance |
| Answer» | |
| 3366. |
Travelling expenses is direct or indirect expenses |
| Answer» Direct | |
| 3367. |
Journal entry Vinay brothers cheque was dishonoured 10000 |
| Answer» | |
| 3368. |
What is cariage on purchase it carriage inward or outward? |
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Answer» Carriage inward Carriage inword Carriage inward go to debit side of trading accountCarriage outward go to debit side of profit and loss account |
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| 3369. |
Two basic of accounting |
| Answer» | |
| 3370. |
What is meaning of rebate |
| Answer» Rebate means discount | |
| 3371. |
Fund based accounting |
| Answer» | |
| 3372. |
Explain with example A) capital expenditureB) capital receipts |
| Answer» | |
| 3373. |
5 user who have direct interest in accounting |
| Answer» | |
| 3374. |
What is artificial personal account |
| Answer» | |
| 3375. |
what is entity concept |
| Answer» | |
| 3376. |
What is revenue recognition concept? |
| Answer» | |
| 3377. |
Revenue recognition concept |
| Answer» | |
| 3378. |
Can u pls give me sm tricks to akways do rectification of errors correctly. Urgently |
| Answer» First write the wrong and corect entries. Reverse the wrong entry. You can cut down the same credit and debit amounts.. You\'ll get the rectified entry | |
| 3379. |
Is 1st lesson important |
| Answer» Yup | |
| 3380. |
diffrence between inventory and stock? |
| Answer» | |
| 3381. |
Explain materiality principle in short? |
| Answer» | |
| 3382. |
\'Withdrawn cash for office use\' treatment in accounting equations |
| Answer» | |
| 3383. |
Apc answers of npo |
| Answer» | |
| 3384. |
Format of petty cash book |
| Answer» | |
| 3385. |
Last year question class 11 |
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Answer» Betaaaaaa tu padha da Padd le pta chal jayega betaaaaaaaa. |
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| 3386. |
Accounts class 11 questions 2018 |
| Answer» | |
| 3387. |
Trail balancr |
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Answer» Betaaaaa ma tnnaa bhi padha due ga?? Beta padd le pta chal jayega |
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| 3388. |
Any three objective of accounting |
| Answer» 1.Keep systematic records. 2.depicts financial position. 3.calculate profit or loss. | |
| 3389. |
5 importhant topics of account |
| Answer» | |
| 3390. |
What is fictitious assets with examples |
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Answer» These are not actually assets but it is shown on specific period / time in assets side These are those assets |
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| 3391. |
What is bad dept |
| Answer» It is that amt which is not recoverable from any person /debter | |
| 3392. |
Write the name of a any two input device |
|
Answer» Keyboard , mouse and pen base system 1 tally |
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| 3393. |
Name the reserve that can be used in distribution of dividend |
| Answer» Specific reserve | |
| 3394. |
Give any three example of capital expenditures |
| Answer» Building purchase ,furniture purchase,machine purchase, etc.. | |
| 3395. |
Why is profit &loss account not prepared in \' not_for_profit_intitution\'? |
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Answer» In npo ,non trading activities are happen and goods are not purchase and sold .so,there is no need to prepare profit loss a/c Because NPO is a non profit organisation it a social welfare agency |
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| 3396. |
What is meant by vocher? Prepare an imaginary specimen of a vocher? |
| Answer» Voucher is a written document prepared by the accountant providing evidence to business enterprise | |
| 3397. |
Give any one example of transaction for which journal proper is used |
| Answer» When we make cash book , entries of credit purchase will record in journal proper | |
| 3398. |
Accounting principals |
| Answer» | |
| 3399. |
Limitations of trial balance |
| Answer» | |
| 3400. |
Anyone know...what is secret reserves? |
| Answer» | |