Ajay Biotech Account Assistant Interview Questions and Answers

Mock interview with account head
Mock interview with director Rao sir

Q1. What is the function of memorandum key in ETP TALLY 9.
Ans. 
Memorandum key in ETP TALLY 9 is used to record transactions that do not involve any monetary value.
• Memorandum key is used to record non-monetary transactions such as goods received note, delivery note, etc.

• These transactions do not affect the financial statements of the company.

• Memorandum vouchers can be converted into regular vouchers if necessary.

• They are useful for keeping track of non-financial transactions for fu
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Q2. Where keeping entry if cash earned in business
Ans. 
Cash earned in business is recorded in the cash book and then posted to the relevant accounts.
• Cash book is used to record all cash transactions

• Separate accounts are maintained for different types of income

• Entries are made on a daily basis

• Posting is done to the relevant accounts in the ledger
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