30 Basic Accounting Interview Questions - Trading A/c, Cash Book, Cash & Fund Flow, Provisions ✅

Описание: Job Interview Prep - Crack your Accounting Job Interview with these 30 Basic Accounting Questions most commonly asked by interviewers. Covered in this video: Trading A/c, Cash Book, Cash Flow Statement, Fund Flow Statement, Depreciation, Provisions & Reserves.

Find conceptual questions and practical journal entries from each topic.

This video will be useful for:
✔️ Fresh graduates preparing for their first accounting job interview
✔️ Experienced candidates seeking career growth in accounting & finance

🔑 Also useful for everyone looking for:

i.) Accounting Interview Questions
ii.) Accounting Interview Questions and Answers
iii.) Accountant Interview Questions
iv.) Accountant Interview Questions and Answers
v.) Journal Entries for Accounting
vi.) Cash Flow Statement Interview
vii.) Fund Flow Statement Interview
viii.) Accountant Jobs
ix.) Accountant Skills
x.) Accounting Interview Tips
xi.) Accountant Interview Prep

📋 Questions Covered in the Video:

1. What are the final accounts prepared in Sole Proprietorship?
2. Why is Income Statement created?
3. What is Trading A/c?
4. What is P&L A/c?
5. Is Trading A/c a part of P&L A/c?
6. What is a Balance Sheet?
7. Which items are recorded on the Assets & Liabilities side of the Balance Sheet?
8. Differentiate between Grouping and Marshalling.
9. What is a Cash Flow Statement? What are the items entered on Inflow & Outflow sides?
10. What are the advantages of preparing a Cash Flow Statement?
11. If you deposit Cash at Hand in Bank Account, will it be treated as Cash Flow?
13. What are some commonly used Subsidiary Books?
14. What is Depreciation?
15. Is depreciation charged on all fixed assets?
16. Differentiate between Depreciation, Amortisation and Depletion.
17. What would happen if you don’t charge depreciation?
18. What are the different factors considered for providing Depreciation?
19. What are the different methods of charging depreciation?
20. What are the different methods to calculate depreciation?
21. What is Provision?
22. What are Reserves?
23. What are the various types of Reserves?
24. What are Secret Reserves?
25. If an asset is sold off before its Book Value becomes zero, how would depreciation be charged in the year of sale?
26. Are sales proceeds always equal to the Book Value of the Assets?
27. What are the other names for Fund Flow Statement?
28. Why is Fund Flow Statement prepared?
29. How do you know if a particular transaction would impact the Fund Flow Statement or not?
30. What are the elements of Sources and Applications of Fund in a Fund Flow Statement?

📌 Our Other Videos on Finance & Accounting:

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i.) 25 Basic Accounting Interview Questions:    • 28 Basic Accounting Interview Questions | ...  

ii.) 30 Accounting Interview Questions (NPO & Partnership) -    • 28 Basic Accounting Interview Questions | ...  

iii.) 30 Accounting Interview Questions (Trading A/c, Cash Book, Cash Flow, Fund Flow, Depreciation, Provisions, Reserve, Asset Disposal etc.) -    • 30 Basic Accounting Interview Questions - ...  

iv.) 15 Basic Accounting Interview Questions (Liquidity, Solvency, Turnover, Profitability Ratios):
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v.) 21 Basic Cost Accountant Interview Questions (Part 1) -    • 21 Basic Cost Accounting Interview Questio...  

vi.) 11 Basic Cost Accounting Interview Questions -    • 11 Basic Cost Accounting Interview Questio...  
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Accounts Payable & Receivable
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viii.) 15 Accounts Receivable Interview Questions:    • 15 Basic Accounts Receivable Interview Que...  

Financial Analysis
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ix.) 11 Financial Analyst Interview Questions:    • 11 Financial Analyst Interview Questions -...  

x.) Situational Interview Questions for Financial Analysts:    • Situational Interview Questions and Answer...  

xi.) 5 Credit Risk Analyst Interview Questions -    • 5 Basic Credit Risk Analyst Interview Ques...  

Financial Management : Risk, Revenue & Budgetary Control
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xii.) 21 Revenue Management Interview Questions -    • 21 Basic Revenue Management Interview Ques...  

xiii.) 21 Financial Risk Management Interview Questions -    • 21 Basic Financial Risk Management Intervi...  

xiv.) 21 Budgetary Control Interview Questions :    • 21 Basic Budgetary Control Interview Quest...  

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