infinzi - AZG Consulting LLP Accounts & Finance Manager Interview Questions and Answers

Basic question on accounting and fundamental of accounting

Q1. Fundamental accounting question are asked at least be hiring mangaer
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Q2. Nothing special is asked by team
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Q1. Asked me GST,TDS related questions.
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Q2. Related MIS questions
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Q1. TELL ME ABOUT YOURSELF
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Q2. ARE YOU COMFORTABLE WITH WAZIRPUR LOCATION
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Q3. WHAT ARE THE 3 GOLDEN RULES OF ACCOUNTING
Ans. 
The 3 golden rules of accounting are the basic principles that guide the recording of financial transactions.
• The first golden rule is the Personal Account rule, which states that 'Debit the receiver, credit the giver'. For example, when a customer pays cash for goods purchased, the cash account is debited and the sales account is credited.

• The second golden rule is the Real Account rule, which states that 'Debit what co...read more
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Q1. WHAT IS BOOK KEEPING
Ans. 
Bookkeeping is the process of recording, organizing, and maintaining financial transactions of a business.
• Bookkeeping involves recording all financial transactions, such as sales, purchases, and expenses.

• It helps in organizing and categorizing financial data for easy analysis and reporting.

• Bookkeeping ensures accuracy and completeness of financial records.

• It involves tasks like maintaining ledgers, reconciling accounts...read more
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Q2. Where do you live
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Q1. Accounting entries
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Q2. Basic accounting principles
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Q1. Basic accounting principles
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Q1. Basic accounting principles
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Q1. Self introduction
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Q1. Payroll depreciation asset purchase
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Q1. Screening process
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Journal entry for trade happening