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I applied via Company Website and was interviewed before Oct 2021. There was 1 interview round.
Journal entry is a record of financial transactions. Golden rule is a principle of accounting that ensures accuracy in recording transactions.
Journal entry is a chronological record of financial transactions.
It includes the date, accounts involved, and amounts debited or credited.
Golden rule states that for every debit entry, there must be a corresponding credit entry and vice versa.
This ensures that the accounting equ...
I applied via Walk-in and was interviewed in May 2024. There were 3 interview rounds.
There are three main types of financial statements: balance sheet, income statement, and cash flow statement.
Balance sheet shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
Income statement shows a company's revenues, expenses, and profits over a period of time.
Cash flow statement shows how changes in balance sheet and income statement affect cash and cash equivalents.
Trial balance is a list of all ledger accounts with their closing balances, while balance sheet is a financial statement showing assets, liabilities, and equity at a specific point in time.
Trial balance is an internal document used to ensure the debits and credits are equal before preparing financial statements.
Balance sheet is a financial statement that shows the company's financial position at a specific point in tim...
Journal entry for prepaid expenses involves debiting an asset account and crediting a prepaid expense account.
Prepaid expenses are expenses paid in advance but not yet incurred.
To record prepaid expenses, debit the Prepaid Expense account and credit the Cash/Bank account.
As the prepaid expense is incurred, it is transferred from the Prepaid Expense account to the Expense account.
Example: Payment of insurance premium in...
Journal entry for purchase return involves debiting accounts payable and crediting inventory account.
Debit accounts payable to reduce liability
Credit inventory account to reduce inventory on hand
Example: Debit Accounts Payable $500, Credit Inventory $500
I applied via Company Website and was interviewed in Aug 2024. There was 1 interview round.
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I applied via Company Website and was interviewed in Mar 2024. There were 4 interview rounds.
Logical reasoning, mathematical questions, grammars.
Own topic to speak fluently.
Accenture interview questions for designations
I was interviewed in Aug 2024.
Get interview-ready with Top Accenture Interview Questions
I applied via Recruitment Consulltant and was interviewed in Jun 2024. There were 2 interview rounds.
About accounts and sales
I applied via Naukri.com and was interviewed in Sep 2023. There was 1 interview round.
Depreciation is the allocation of the cost of an asset over its useful life. Types include straight-line, double declining balance, and units of production.
Depreciation is a method of allocating the cost of an asset over its useful life
Straight-line depreciation evenly spreads the cost over the asset's useful life
Double declining balance method accelerates depreciation in the early years
Units of production method depre...
Account refers to a record of financial transactions, while accountancy is the profession or practice of accounting.
Account is a record of financial transactions, used to track income, expenses, assets, and liabilities.
Accountancy is the profession or practice of maintaining financial records, preparing financial statements, and providing financial advice.
Accounting involves analyzing, interpreting, and reporting finan...
An invoice is a document issued by a seller to a buyer, detailing the products or services provided and the amount due.
An invoice serves as a request for payment from the buyer to the seller.
It typically includes information such as the quantity, price, and description of the products or services provided.
Invoices also include payment terms, due dates, and any applicable taxes or discounts.
Examples of invoices include ...
Accounts receivable is the money owed to a company by its customers for goods or services provided on credit.
Accounts receivable represents the amount of money owed to a company by its customers for goods or services provided on credit.
It is considered an asset on the company's balance sheet.
Accounts receivable is typically collected within a certain period of time, often 30, 60, or 90 days.
Examples include invoices se...
I applied via Walk-in and was interviewed in Sep 2023. There were 2 interview rounds.
I applied via Company Website and was interviewed in Apr 2024. There were 2 interview rounds.
Self introduction for candidates
HR requirements refer to the qualifications, skills, and experience needed for a job position in the human resources field.
HR requirements typically include a degree in human resources or a related field
Experience in recruitment, employee relations, and HR policies is often required
Strong communication and interpersonal skills are essential for HR roles
Knowledge of labor laws and regulations is important for compliance
...
Group discussion is a method of communication where a group of individuals discuss a topic to exchange ideas and opinions.
Group discussion involves a group of individuals discussing a specific topic or issue.
Participants share their ideas, opinions, and perspectives on the topic.
It is a structured communication method used in various settings such as interviews, meetings, and academic settings.
Group discussions help in...
I applied via Company Website and was interviewed in Jul 2023. There were 4 interview rounds.
Its a place to seek our knowledge and experience
In a form of group to discuss in certain topic
A task or piece of work allocated to someone as part or course of study
I applied via Approached by Company and was interviewed in Mar 2024. There was 1 interview round.
Depreciation is the allocation of the cost of a tangible asset over its useful life.
Depreciation is a non-cash expense that reduces the value of an asset over time.
It reflects the wear and tear, obsolescence, or decrease in value of the asset.
Common methods of calculating depreciation include straight-line, double declining balance, and units of production.
Example: A company purchases a delivery truck for $50,000 with ...
The duration of Accenture Accountant interview process can vary, but typically it takes about less than 2 weeks to complete.
2 Interview rounds
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