TopSource Worldwide Interview Questions and Answers for Experienced

Q1. Accounting Journal Entry
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Q2. Difference between cash flow and profit and loss statement
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Cash flow measures actual cash movement, while profit and loss shows revenue and expenses over a period.
• Cash flow focuses on cash in and out, while profit and loss reflects overall profitability.

• Example: A company may show profit but have negative cash flow due to delayed customer payments.

• Cash flow includes operating, investing, and financing activities; profit and loss only includes operational revenue and expenses.

• E...read more
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Q3. Basic accounting questions
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Q1. Asked About Introduction & Experience
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Q1. Again about Experience & Job related questions
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Q1. Professional tax slabs for maharashtra
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Professional tax slabs for Maharashtra vary based on income levels.
• Professional tax slab for income up to Rs. 7,500 per month is Rs. 175 per month

• For income between Rs. 7,501 to Rs. 10,000 per month, the tax slab is Rs. 200 per month

• For income between Rs. 10,001 to Rs. 12,500 per month, the tax slab is Rs. 300 per month

• For income above Rs. 12,500 per month, the tax slab is Rs. 2000 per month
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Q2. Tax parameters
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Prepare basic accounting questions

Q1. Introduction , accounting questions
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Q1. Questions related to account
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