Find Interview Questions for Top Companies
Ques:- Do you have knowledge of Form C?
Right Answer:
Yes, Form C is a declaration used in India for inter-state sales of goods by registered dealers under the Central Sales Tax Act. It allows the buyer to purchase goods at a reduced tax rate.
Ques:- How I pass the entry in Tally for commission paid to four agents?
Right Answer:
To pass the entry in Tally for commission paid to four agents, you can follow these steps:

1. Go to the Gateway of Tally.
2. Select "Accounting Vouchers."
3. Choose "Payment" voucher type.
4. In the "Account" field, select the first agent's account.
5. Enter the commission amount in the "Amount" field.
6. In the "Particulars" section, select "Commission Expenses" or create a new ledger for "Commission Paid" if it doesn't exist.
7. Repeat the above steps for each agent, ensuring to debit their respective accounts and credit the "Commission Expenses" account.

Finally, save the voucher.
Ques:- Why we maintain bank reconciliation statement?
Asked In :- msc cruises, jpr,
Right Answer:
We maintain a bank reconciliation statement to ensure that our financial records match the bank's records, identify any discrepancies, and ensure accurate reporting of cash balances.
Ques:- What is TDS rate and cut off money of TDS for construction company and how many times?
Right Answer:
The TDS rate for a construction company is generally 1% for individual and Hindu Undivided Family (HUF) contractors, and 2% for others. The cut-off limit for TDS deduction is ₹30,000 per payment and ₹1,00,000 in a financial year. TDS should be deducted at the time of payment or credit, whichever is earlier.
Ques:- TALK ABOUT YOUR SELF
Right Answer:
I am a dedicated accounting professional with a degree in accounting and over [X years] of experience in financial reporting, budgeting, and tax preparation. I have strong analytical skills and attention to detail, which help me ensure accuracy in financial statements. I enjoy working collaboratively in a team and am always eager to learn and adapt to new challenges in the accounting field. In my free time, I like to stay updated on industry trends and improve my skills through online courses.
Ques:- Tally Erp 9, Tally 7.2
Right Answer:
Tally ERP 9 is a more advanced version of Tally 7.2, offering features like GST compliance, multi-user access, and enhanced reporting capabilities.
Ques:- 3 Rules Accounting Standards
Right Answer:
1. Relevance: Financial information must be relevant to the decision-making needs of users.
2. Reliability: Financial information must be reliable and free from bias, ensuring it can be depended upon.
3. Comparability: Financial statements should be prepared in a way that allows for comparison across different periods and entities.
Ques:- What are the 3 golden rules of accounting?
Right Answer:
The three golden rules of accounting are:

1. **Debit the receiver, credit the giver** - For personal accounts.
2. **Debit what comes in, credit what goes out** - For real accounts.
3. **Debit all expenses and losses, credit all incomes and gains** - For nominal accounts.
Ques:- All entries are right but balance does not match of both side of balance sheet, Why?
Right Answer:
The balance sheet may not match due to errors such as incorrect data entry, missing transactions, misclassifications, or unrecorded liabilities or assets.


The Accountant / Accounts Executive category on takluu.com is designed for professionals responsible for maintaining accurate financial records, handling accounts payable and receivable, and supporting financial audits. These roles are critical for the smooth functioning of an organization’s finance department.

This section covers essential topics including journal entries, ledger posting, bank reconciliation, invoicing, payroll processing, taxation basics, and preparation of financial statements. Interview questions also test knowledge of accounting principles (GAAP/IFRS), compliance regulations, and use of accounting software like Tally, QuickBooks, or SAP.

Candidates preparing for positions such as Junior Accountant, Accounts Executive, Finance Assistant, or Bookkeeper will find curated interview questions, practical scenarios, and tips on managing day-to-day accounting tasks efficiently.

Interviewers typically assess your accuracy, attention to detail, and understanding of financial processes. You may be asked to explain how you handle reconciliations, manage expense reports, or ensure timely submission of tax filings.

At Takluu, we provide detailed study materials and example questions to help you build confidence and demonstrate your competence in interviews.

Whether you are a fresher starting your career or an experienced professional seeking advancement, this category offers comprehensive preparation to help you succeed in accounting roles.

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