KHD Humboldt Wedag Interview Questions and Answers

Logical and reasoning

Q1. Salary expectation
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Q2. Why chose this company?
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Q1. 1. Tell me an accounting entry for anything purchase?
Ans. 
An accounting entry for a purchase is a debit to the Purchases account and a credit to the Accounts Payable account.
• Debit the Purchases account to record the cost of the purchase

• Credit the Accounts Payable account to show the amount owed to the supplier

• This entry increases the Purchases account and the Accounts Payable account

• Example: Debit Purchases $1,000 and credit Accounts Payable $1,000
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Q2. 2. If It purchased with Gst then what will be entry?
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The entry for purchasing with GST involves debiting the expense account and crediting the GST payable account.
• Debit the expense account for the cost of the purchase

• Credit the GST payable account for the amount of GST paid

• Example: Debit Purchases account for $100 and credit GST payable account for $10 if the purchase cost $100 and the GST rate is 10%
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Q3. Ans: Purchase A/c Dr Gst Dr Accounts payable Cr.
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Q4. 3. When TDS is deducted?
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TDS is deducted when certain payments are made, such as salary, rent, professional fees, etc.
• TDS (Tax Deducted at Source) is deducted by the payer at the time of making certain payments.

• It is deducted to ensure that the government receives tax revenue in advance.

• TDS is applicable on various payments like salary, rent, professional fees, commission, interest, etc.

• The deducted TDS amount is then deposited with the govern...read more
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Q5. 4. What will be entry of adjust amount of vendors?
Ans. 
The entry for adjusting the amount of vendors is to debit or credit the accounts payable and the corresponding expense or income account.
• To increase the amount owed to a vendor, debit the accounts payable account and credit the expense account.

• To decrease the amount owed to a vendor, credit the accounts payable account and debit the expense account.

• Adjustments can also be made to correct errors or reconcile discrepanci...read more
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Q6. 5. Rest questions were about introduce, experience, current responsibility, notice period, reason of leaving current organization etc.
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Q1. Why do you want to change
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