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I applied via campus placement at D. G Vaishnav College School of Management, Chennai and was interviewed before Apr 2023. There were 3 interview rounds.
It was an online aptitude test
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.
These rules help ensure that the accounting equation (Assets = Liabilities + Equity) remains balanced.
For example, when a company receives ...
Capital expenditure is for long-term assets, while revenue expenditure is for day-to-day expenses.
Capital expenditure is for acquiring or improving long-term assets, such as buildings or equipment.
Revenue expenditure is for day-to-day expenses like salaries, rent, and utilities.
Capital expenditure is usually non-recurring and adds value to the business over time.
Revenue expenditure is recurring and is necessary to keep...
Atos is a global leader in digital transformation, providing IT services and consulting.
Atos is a multinational IT services corporation based in France
It offers services in areas such as cybersecurity, big data, and cloud computing
Atos has a strong presence in various industries including healthcare, finance, and manufacturing
I applied via Campus Placement and was interviewed before Feb 2023. There were 3 interview rounds.
General aptitude questions were being asked.
Revenue expenditure refers to the costs incurred by a business to maintain its operations and generate revenue in the short term.
Includes expenses for raw materials, utilities, salaries, rent, and repairs
These costs are deducted from revenue in the same accounting period
Helps in generating immediate benefits for the business
Contrast with capital expenditure which involves long-term investments
Capital expenditure refers to funds used by a company to acquire, upgrade, or maintain physical assets such as property, buildings, or equipment.
Capital expenditure is a long-term investment in the company's infrastructure or assets.
It is not considered a regular operating expense, but rather an investment in the company's future growth.
Examples include purchasing new equipment, building a new facility, or upgrading te...
Atos is a global leader in digital transformation, providing IT services and consulting.
Atos is a multinational IT services corporation based in France
They specialize in digital transformation, cybersecurity, cloud services, and high-performance computing
Atos has a strong presence in various industries including healthcare, finance, and manufacturing
I applied via Walk-in and was interviewed in May 2022. There were 2 interview rounds.
4 sections mainly focus on time management, all are very easy
I applied via Campus Placement and was interviewed before Jul 2022. There were 3 interview rounds.
Basics of accounting
Basic accounting sums
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
The three golden rules of accounting are: Debit what comes in, Credit what goes out, and Debit the receiver, Credit the giver.
These rules help ensure that financial transactions are accurately recorded and balanced.
For example, when a company receives cash from a customer, it would debit the cash account (what com...
Atos interview questions for designations
I applied via Walk-in and was interviewed in Mar 2024. There were 2 interview rounds.
Hyderabad is a vibrant city in southern India known for its rich history, culture, and delicious cuisine.
Hyderabad is home to iconic landmarks such as the Charminar, Golconda Fort, and Hussain Sagar Lake
The city is famous for its biryani, a flavorful rice dish cooked with meat and aromatic spices
Hyderabad is a major hub for technology companies, with a booming IT industry in areas like HITEC City
I applied via Approached by Company and was interviewed in Jan 2023. There were 3 interview rounds.
Deferred revenue entry is posted by debiting the deferred revenue account and crediting the revenue account.
Identify the amount of revenue that has been deferred
Debit the deferred revenue account for the identified amount
Credit the revenue account for the same amount
Ensure that the deferred revenue account balance is reduced as revenue is recognized
Update the financial statements accordingly
I applied via Campus Placement and was interviewed before Sep 2023. There was 1 interview round.
Yes, I am open to relocating for the right opportunity.
I am willing to relocate for the right job opportunity that aligns with my career goals.
I have experience moving for previous job positions and am comfortable with the process.
I am excited about the possibility of exploring a new city and culture through relocation.
I expect challenging work, opportunities for growth, supportive team, and fair compensation.
Challenging work that allows me to utilize my skills and knowledge
Opportunities for professional growth and advancement within the company
A supportive team environment where collaboration and communication are valued
Fair compensation and benefits for the work I am doing
posted on 9 Apr 2022
I applied via Company Website and was interviewed in Oct 2021. There were 3 interview rounds.
80 minutes test:
20mins- Related to Accounts
20mins- Related to Excel shortcuts and functions
20mins- Reasoning
20mins- English essay typing (to test typing speed and grammar skills)
Journal entry for cash sales involves debiting the cash account and crediting the sales revenue account.
Debit the cash account to reflect the increase in cash due to the sales
Credit the sales revenue account to record the revenue generated from the sales
The journal entry would typically be: Cash (debit) and Sales Revenue (credit)
Journal entry for bad debts
Debit the bad debt expense account
Credit the accounts receivable account for the amount of the bad debt
If the bad debt has already been written off, credit the allowance for doubtful accounts account instead of accounts receivable
Example: Debit Bad Debt Expense for $500, Credit Accounts Receivable for $500
The journal entry for provision of bad debts is a debit to Bad Debt Expense and a credit to Allowance for Doubtful Accounts.
Bad Debt Expense is an expense account that represents the amount of uncollectible accounts receivable.
Allowance for Doubtful Accounts is a contra-asset account that reduces the balance of accounts receivable to its net realizable value.
The provision for bad debts is an estimate of the amount of a...
The golden rules of accounting are basic principles that guide the recording of financial transactions.
The first golden rule is the Debit-credit rule, which states that for every debit entry, there must be a corresponding credit entry.
The second golden rule is the Real account rule, which states that all assets have a debit balance and all liabilities have a credit balance.
The third golden rule is the Nominal account r...
Prudence concept is the principle of exercising caution and good judgment in decision-making.
It involves taking a conservative approach to financial management
It requires considering potential risks and uncertainties before making decisions
It is important for ensuring the long-term financial stability of an organization
For example, a company may choose to hold onto excess cash reserves rather than investing them in ris
I applied via Referral and was interviewed before Jun 2022. There were 3 interview rounds.
Excel with problem statement like pivot, etc.
1 Interview rounds
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