Ayka Communication Recruitment Executive Interview Questions and Answers

Q1. What is sale purchase billing
Ans. 
Sale purchase billing is the process of creating invoices for goods or services sold and purchased.
• It involves recording the details of the transaction such as the quantity, price, and date.

• The invoice is then sent to the customer or supplier for payment.

• It is an important part of accounting as it helps to keep track of sales and purchases.

• Examples of sale purchase billing software include QuickBooks and Xero.
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Q2. What is sale return and purchase return
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Sale return is when a customer returns a product to the seller, while purchase return is when a business returns a product to the supplier.
• Sale return is also known as sales return or return inwards.

• Purchase return is also known as purchase return or return outwards.

• Sale return reduces the revenue of the seller, while purchase return reduces the cost of goods sold for the buyer.

• Sale return may occur due to various reas...read more
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Q3. What is cash Discount purchase and cash Discount sale
Ans. 
Cash discount purchase is a discount offered by a seller to a buyer for paying the invoice amount within a specified time period. Cash discount sale is a discount offered by a buyer to a seller for paying the invoice amount within a specified time period.
• Cash discount purchase is a reduction in the invoice amount offered by the seller to the buyer if the buyer pays the invoice amount within a specified time period.

• Cash...read more
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Q4. What is Half payment by cheque for purchase and sale
Ans. 
Half payment by cheque for purchase and sale is a payment method where half of the amount is paid through cheque.
• Half payment by cheque is a common practice in business transactions.

• It involves paying half of the purchase or sale amount through a cheque.

• The remaining half is usually paid in cash or through another mode of payment.

• This method is used to ensure security and reduce the risk of fraud.

• For example, if a prod...read more
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Q5. What is Gst return sale and purchase both
Ans. 
Gst return sale and purchase both refers to the filing of returns for the goods and services tax paid on sales and purchases.
• Gst return sale and purchase both are filed by registered taxpayers

• The sale return is filed in GSTR-1 form and the purchase return is filed in GSTR-2 form

• The returns are reconciled in GSTR-3 form

• The returns contain details of the tax paid on sales and purchases, input tax credit claimed, and othe...read more
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Q1. What is balance sheet matching
Ans. 
Balance sheet matching is the process of ensuring that the assets, liabilities, and equity on a balance sheet are properly aligned.
• Balance sheet matching involves comparing the amounts and classifications of assets, liabilities, and equity to ensure they are accurately recorded.

• It helps identify any discrepancies or errors in the financial statements.

• For example, if a company reports a certain amount of cash on its bal...read more
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Q2. What is cash sales and cash purchase
Ans. 
Cash sales refer to transactions where payment is made in cash at the time of sale. Cash purchase refers to transactions where payment is made in cash at the time of purchase.
• Cash sales are common in retail businesses where customers pay for goods or services in cash.

• Cash purchase is when a business buys goods or services and pays for them in cash.

• Cash sales and purchases are recorded in the cash book or cash register.

• ...read more
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Q1. What is capitalization of asset What is lease accounting under ind as Explain depreciation and amortization Golden rules of accounting
Ans. 
Capitalization of asset, lease accounting under IND AS, depreciation and amortization, and golden rules of accounting.
• Capitalization of asset refers to the process of recording an expenditure as an asset rather than an expense.

• Lease accounting under IND AS requires lessees to recognize lease assets and liabilities on their balance sheets.

• Depreciation is the systematic allocation of the cost of a tangible asset over its...read more
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Q1. Accountant related and management development others
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Q2. GST Accountant tally ERP 9
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General knowledge related
About MSW related

Q1. Hiring method Way to communicate the candidate. People engagement activity conduct in our organization. Maintain the workers Attandance in daily. Salary debit, in workers account.
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Q2. Introduced about yourself
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Q3. Could you kons which role will be apply, and what knowledge will be had in the field give some explanation about this role
Ans. 
The role of an HR Recruiter involves sourcing, screening, and selecting candidates for job openings.
• Sourcing candidates through various channels such as job boards, social media, and referrals

• Screening resumes and conducting initial interviews to assess candidate qualifications

• Coordinating interviews with hiring managers and facilitating the selection process

• Maintaining candidate databases and tracking recruitment metr...read more
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Q4. Detailed explanation about the role and some instructions given by HR and then went to speak our salary package
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Q5. Thank you and every message are came to our Mail
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Q1. What is tally erp 9
Ans. 
Tally ERP 9 is an accounting software widely used by businesses to manage their financial transactions and generate reports.
• Tally ERP 9 is a comprehensive accounting software developed by Tally Solutions.

• It helps businesses in recording and managing financial transactions such as sales, purchases, receipts, payments, etc.

• The software provides features like inventory management, payroll processing, tax calculations, and...read more
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Q2. Basic knowledge of MS office
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Q1. What was yor Previous salary.
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Q2. How much salary expect.
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Q3. When you will join.
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Q1. Work experience
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Q2. Field of work you did in past company.
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An introductory conversation to determine that you have the basic skills and qualifications for the role and can fit in with the team and company culture.

Written case interview based