1. What is the meaning of non performing assets?

A non performing asset is one which does not earn any income. For example, you have built a house consisting of 3 floors and the whole building is occupied by your family member and does not earn any rent, then this is called as a non-performing asset.

A non-performing asset is a type of asset which does not earn any income and these asset unable to cover up the investment put into it to hold.

if dues in the form of interest and principle are not paid by a borrower for the period of 90 days then the assets is called as N.P.A




An asset or account of borrower,which has been classified by a bank or financial instution as sub-standard,doubtful or loss assets as per the guidelines issued by RBI.

An Asset/Advance is considered as non-performing in casse if interest or isntalment of principal or both remain unpaid for more than two quarters in a financial year.


3. What experience have you had as a cashier?

Basically, almost all times, I must be full of concentration,

secondly, before cash-paying and cash receiving, we must count and give, in any situation.

Finally, quick listener and speed and accuracy maintenance is very important.


4. What is the difference between the different depreciation methods?

Different Methods Of Dan.

Straight Line Method

Diminishing Value Method

Annuity Method

Depletion Method

Written Down value Method


5. After running depreciation I have forgotten to calculate the depreciation of one asset then how to calculate the depreciation of that asset?

if u forgot depreciation we have to follow the preliminary principal of the depreciation. That is

the value of asset/lifetime of asset*100.


6. What are the various means of calculating depreciation?

1. Double declining method

2. Units of production method

3. Straight-line method

4. Sum of year digit method

Depreciation Fund Method Insurance Method Annuity Method


7. What is the difference between debenture holders and creditors?

Debenture holder are those who provide long-term loan at the specific interest rate in term of cash and creditor provides only short term credit in term of cash for purchasing of goods.


8. what is fictitious assets?

what is meant by cash book and day book and general ledger?

Employee salary deductions under the section of the income tax act of india?

Fictitious Assets:These are the assets that can not be seen, but exist in the business.

ex: Goodwill, patents, etc

Cash Book: It is one of the Subsidiary Book which is generally used by any business organization to record all the cash transactions which helps to know the cash position as and when desired. In it all the entries will be recorded. Generally, the cash book can be balanced once in a month.

Day Cashbook: It is the book maintained by the accountant to record all the cash transactions with take place during the day (it can be receipt or payment). At later stage these will be posted into cash book.

General Ledger: While preparing Trial balance to check the arithmetical accuracy, sometimes the debit and credit balances may not tally, to make the process easy the accountant will open an account named General Ledger to post the entries which r causing balancing problems.

the straight-line method is calculated based on the original cost and year by year the dep will remain the same, but in the nbv the dep we will calculate based on the original cost.


9. What are fixed asset?

fixed asset are assets which gives the business future benefice

Fixed assets are those which are tangible in nature and is not meant for sale in the near future and from which future benefits are derived. 

Fixed Assets are those which are tangible and used for running the day-to-day business which is owned. As they are utilized for business, we save a part of the profit earned in the business to replace these Assets when they wear out.