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I applied via Other and was interviewed in Jul 2021. There was 1 interview round.
Journal entries are records of financial transactions in chronological order.
Journal entries are used to record financial transactions in a company's accounting system.
They include the date of the transaction, the accounts involved, and the amount of the transaction.
Journal entries are used to create the general ledger, which is used to create financial statements.
Examples of journal entries include recording a sale, r...
Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.
Accounting involves recording financial transactions such as sales, purchases, and payments.
It also involves classifying transactions into different categories such as assets, liabilities, and equity.
Finally, accounting involves summarizing the transactions into ...
Debit the recover credit the giver refers to recording the amount owed by the person or entity who received credit.
Debiting the recover credit means increasing the accounts receivable or debtor's balance.
The giver is the one who provided the credit, so their account will be credited.
This transaction is recorded in the books using a journal entry, debiting the accounts receivable and crediting the giver's account.
Exampl...
I appeared for an interview before Jun 2016.
I appeared for an interview before Aug 2016.
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