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AL-Wakeel Trading & Contracting Executive Accountant Interview Questions and Answers
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Interview questions from similar companies
Mansi Kamra
I applied via Referral and was interviewed before Dec 2016. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Ind as, Companies act 2013,
Interview Preparation Tips
Experience: Revenue recognition standard
General Tips: Be confident since this is the primary skill seeked by the people here
Skills: Communication
Duration: 1-4 weeks
Anonymous
I applied via Naukri.com and was interviewed before Aug 2020. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. What is the type of liability
- Ans.
A type of obligation that a company or individual owes to another party.
Liability refers to the legal obligation to pay debts or fulfill other obligations.
It can be classified as current or long-term, depending on the time frame for repayment.
Examples include accounts payable, loans, and taxes owed.
Liabilities are listed on a company's balance sheet and are an important factor in determining financial health.
- Q2. What is debit cames in and credit go out tell me explain
- Ans.
Debit represents incoming funds while credit represents outgoing funds.
Debit is used to record an increase in assets or a decrease in liabilities or equity.
Credit is used to record a decrease in assets or an increase in liabilities or equity.
For example, when a company receives cash from a customer, it would debit cash and credit accounts receivable.
Conversely, when a company pays a supplier, it would credit cash and d
Interview Preparation Tips
I applied via Referral and was interviewed before Mar 2021. There was 1 interview round.
(1 Question)
- Q1. Why should we hire you?
Interview Preparation Tips
Prepare for accounting knowledge
Selected
I applied via Naukri.com and was interviewed in Sep 2022. There were 5 interview rounds.
(3 Questions)
- Q1. Introduction , current CTC, expectation, location
- Q2. Technical questions
- Q3. Salary discussion
Pervious experience
(1 Question)
- Q1. Domain questions
Salary discussions , ok with flexible timing,
(5 Questions)
- Q1. What are your strengths and weaknesses?
- Q2. What are your salary expectations?
- Q3. What is your family background?
- Q4. Tell me about yourself.
- Q5. Fresher or experience
Interview Preparation Tips
(1 Question)
- Q1. Ask question related what work experience do you have.
Interview Preparation Tips
I applied via Approached by Company and was interviewed in Apr 2022. There were 2 interview rounds.
(1 Question)
- Q1. How much your expectation and define your work
Interview Preparation Tips
- Accounting
- Goods and service tax
I applied via Walk-in and was interviewed in Feb 2022. There were 2 interview rounds.
Nothing
Interview Preparation Tips
- General Accounting
Selected
I applied via LinkedIn and was interviewed in Jul 2022. There were 3 interview rounds.
General discussion and reasoning. English aptitude test
Gst tds incomes tax invoice bank reconciliation statement
Interview Preparation Tips
- It was good
Selected
I applied via Naukri.com and was interviewed in Apr 2023. There were 2 interview rounds.
(4 Questions)
- Q1. What are a three golden rules
- Ans.
The three golden rules of accounting are the principles that guide the recording of financial transactions.
The first golden rule is the Personal Account rule, which states that debit the receiver and credit the giver.
The second golden rule is the Real Account rule, which states that debit what comes in and credit what goes out.
The third golden rule is the Nominal Account rule, which states that debit all expenses and l
- Q2. Just for information GAAP
- Ans. These Accounting concepts or principles are known as Generally accepted Accounting Principles (GAAP)
- Q3. What is GST? Ans - GST full form Goods & services Tax . GST is a indirect Tax. Always GST in go to Supply &services
- Ans.
GST is an indirect tax on the supply of goods and services in India.
GST stands for Goods and Services Tax.
It is a comprehensive tax levied on the supply of goods and services in India.
It is a destination-based tax, which means that it is levied at the point of consumption.
GST has replaced multiple indirect taxes like excise duty, service tax, VAT, etc.
It has simplified the tax structure and made it easier for businesse
- Q4. What is Income Tax? This is Direct Tax. It is valuet in annual Income .
- Ans.
Income tax is a direct tax levied on an individual's or entity's income by the government.
It is calculated as a percentage of the income earned by an individual or entity.
The tax rates vary depending on the income bracket and the tax laws of the country.
The tax collected is used by the government to fund public services and infrastructure.
Examples of income that are subject to income tax include salaries, wages, rental...
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