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An account (in book-keeping) refers to assets, liabilities, income, expenses, and equity, as represented by individual ledger pages, to which changes in value are chronologically recorded with debit and credit entries. An account is a record in the general ledger that is used to collect and store debit and credit amounts. For example, a company will have a Cash account in which every transaction involving cash is recorded. If the company sells merchandise for cash, the Cash account will be debited and the Sales account will be credited.
Subcategories for Accounts Interview Questions & Answers :-
Following are sub categories for which Interview Questions & Answers are available under Accounts Interview Questions & Answers. Please select the appropriate sub-category:-
|Why have you applied to our firm?|
|Tell me about a situation where you showed determination?|
|What is anonymous FTP and why would you use it ?|
|Purchasing cost Rs.100/- Depreciation Rs.80/-Book Value Rs. 20/- Sald at Rs.120/-
How to pass one single entry in the books of accounts
|What do you mean by WCC?|
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|Other accounting interview questions to expect when you interview for an accountancy job include:|
|What is an Interactive Report?|
|State the role RBI in Industrial Sector?|
|What do you understand by Intercompany Settlement?|
|diffrent between ntfs and fat|
|What have you read in the newspapers in the last few days that particularly interested you?|
|Given the following statement:
create index idx1 on titles(title_id) on new_segment
The titles table has 3 partitions
The target segment new_segment spans 10 devices
The max parallel degree parameter is 25
If available worker processes at runtime is 5, what is the total number of producers used for the parallel
|Your company deploys Office Communications Server 2007 Enterprise Edition and Microsoft
Office Communicator 2007. A user reports that he is not able to automatically connect to
Communications Server 2007. You need to ensure that the user can connect to Communications
Server 2007. Which two actions should you perform? (Each correct answer presents part of the
solution. Choose two.)
A. Use the Validation Wizard.
B. Use the Configure Users Wizard.
C. Check the client DNS settings.
D. Use the Communicator Web Access Activation Wizard.
|What are the advantages and disadvantages of B-star trees over Binary trees?
|Why to work as an accountant?|
|What is mis report and what role does it plays in accounts|
|Inequalities of income do not perpetuate in_____: a)Socialism b)Mixed economy c)Capitalism d)None|
|How can we restrict inheritance for a class so that no class can be inherited from it?|
|Colored Horizontal Rule?|
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Latest 20 Questions
Payment of time- barred debt is:
Consideration is defined in the Indian Contract Act,1872 in: (a) Section 2(f) (b) Section 2(e) (c) Section 2(g) (d) Section 2(d)
Which of the following is not an exception to the rule, "No consideration, No contract": (a) Natural love and affection (b) Compensation for involuntary services (c) Completed gift (d) Agency
Consideration must move at the desire of: (a) The promisor (b) The promisee (c) The promisor or any other party (d) Both the promisor and the promisee
An offer which is open for acceptance over a period of time is: (a) Cross Offer (b) Counter Offer (c) Standing Offer (d) Implied Offer
Specific offer can be communicated to__________ (a) All the parties of contract (b) General public in universe (c) Specific person (d) None of the above
_________ amounts to rejection of the original offer. (a) Cross offer (b) Special offer (c) Standing offer (d) Counter offer
A advertises to sell his old car by advertising in a newspaper. This offer is caleed: (a) General Offer (b) Special Offer (c) Continuing Offer (d) None of the above
In case a counter offer is made, the original offer stands: (a) Rejected (b) Accepted automatically (c) Accepted subject to certain modifications and variations (d) None of the above
In case of unenforceable contract having some technical defect, parties (a) Can sue upon it (b) Cannot sue upon it (c) Should consider it to be illegal (d) None of the above
If entire specified goods is perished before entering into contract of sale, the contract is (a) Valid (b) Void (c) Voidable (d) Cancelled
______________ contracts are also caled contracts with executed consideration. (a) Unilateral (b) Completed (c) Bilateral (d) Executory
A offers B to supply books @ Rs 100 each but B accepts the same with condition of 10% discount. This is a case of (a) Counter Offer (b) Cross Offer (c) Specific Offer (d) General Offer
_____________ is a game of chance. (a) Conditional Contract (b) Contingent Contract (c) Wagering Contract (d) Quasi Contract
There is no binding contract in case of _______ as one's offer cannot be constructed as acceptance (a) Cross Offer (b) Standing Offer (c) Counter Offer (d) Special Offer
An offer is made with an intention to have negotiation from other party. This type of offer is: (a) Invitation to offer (b) Valid offer (c) Voidable (d) None of the above
When an offer is made to the world at large, it is ____________ offer. (a) Counter (b) Special (c) General (d) None of the above
Implied contract even if not in writing or express words is perfectly _______________ if all the conditions are satisfied:- (a) Void (b) Voidable (c) Valid (d) Illegal
A specific offer can be accepted by ___________. (a) Any person (b) Any friend to offeror (c) The person to whom it is made (d) Any friend of offeree
An agreement toput a fire on a person's car is a ______: (a) Legal (b) Voidable (c) Valid (d) Illegal