Ajeet Seeds Accounts Manager Interview Questions and Answers

Q1. Reason of using bank reconciliation
Ans. 
Bank reconciliation is important to ensure accuracy of financial records by comparing bank statement with company's records.
• Identifies discrepancies between bank statement and company records

• Helps in detecting errors or fraud

• Ensures accuracy of financial statements

• Helps in tracking outstanding checks and deposits

• Assists in identifying bank fees or charges

• Improves cash management by reconciling cash balances
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Q2. Tell me about yourself
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What is bank reconciliation statement

Q1. Gold rule of account
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Q2. Use of Bank reconciliation statement
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Q3. How many Types of expenses
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Q1. Tell me about your self
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Q2. Where you see yourself after 5 years
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Q1. Accounting ,bank reconciliation
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Q2. Gst,tds, general accounting
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Q1. First of all the interviewer is a CA just bcz of this role. 1. Tell me about yourself 2. Tell me about your family, how many family members have, what's your father occupation etc etc. 3. After that ques...read more
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Q1. What is difference between Interstate and IntraState Sales?
Ans. 
Interstate sales are between two different states while intrastate sales are within the same state.
• Interstate sales involve movement of goods across state borders while intrastate sales do not.

• Interstate sales are subject to Central Sales Tax (CST) while intrastate sales are subject to State VAT.

• Interstate sales require additional documentation such as Form C while intrastate sales do not.

• Example of interstate sale: A ...read more
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