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I applied via Naukri.com and was interviewed in Sep 2022. There were 3 interview rounds.
Questions related to basic accounts, GST, MS Excel knowledge, case studies etc
I applied via Campus Placement and was interviewed before Jul 2022. There were 3 interview rounds.
It consist of Basic accounting questions, GST, Reasoning and Aptitude questions
Depreciation is the allocation of the cost of a tangible asset over its useful life.
Depreciation is a non-cash expense that reflects the decrease in value of an asset over time.
It is used to spread out the cost of an asset over its useful life for accounting and tax purposes.
Common methods of calculating depreciation include straight-line, double declining balance, and units of production.
Examples of depreciable assets...
The 3 golden rules for accounting are the rules of debit and credit, the rule of assets = liabilities + equity, and the revenue recognition principle.
Rule of Debit and Credit: Every transaction has equal debits and credits, ensuring the accounting equation stays balanced.
Assets = Liabilities + Equity: This equation must always hold true, representing the financial position of a company.
Revenue Recognition Principle: Re...
Accrued expenses/revenue are incurred but not yet paid/received, while prepaid expenses/revenue are paid/received in advance.
Accrued expenses/revenue are recognized when incurred, regardless of payment/receipt.
Prepaid expenses/revenue are recognized when paid/received, and then expensed/revenue recognized over time.
Journal entry for accrued expenses: Debit expense account, Credit accrued liability account.
Journal entry...
Accrual concept is an accounting method where revenues and expenses are recorded when they are earned or incurred, regardless of when cash is exchanged.
Revenue is recognized when it is earned, not when cash is received.
Expenses are recognized when they are incurred, not when they are paid.
Accrual accounting provides a more accurate representation of a company's financial position.
Example: A company records revenue when...
I applied via Approached by Company and was interviewed before Apr 2022. There were 4 interview rounds.
In aptitude test they ask mathematics,E-mail writing, accounting question
Bad debt is an amount owed by a debtor that is unlikely to be paid. Bad debt recovery entry is the process of recovering the amount owed.
Bad debt is a loss for the company and is written off as an expense
Bad debt recovery entry is made when the amount is recovered
The entry is made by debiting the cash account and crediting the bad debt recovery account
Example: If a customer owes $1000 and is unable to pay, it becomes b...
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I applied via Referral and was interviewed in Sep 2020. There were 3 interview rounds.
I applied via LinkedIn and was interviewed before Nov 2023. There was 1 interview round.
A general scenario is a common situation or setting that can be applied to various contexts.
General scenarios help to provide a framework for understanding different situations
They can be used in problem-solving, decision-making, and planning
Examples include a job interview, a classroom setting, or a family gathering
posted on 29 May 2022
I applied via Recruitment Consulltant and was interviewed in Apr 2022. There was 1 interview round.
I applied via Walk-in and was interviewed before May 2020. There was 1 interview round.
To do sales effectively, you need to understand your product, build relationships, communicate persuasively, and follow up consistently.
Understand your product: Know the features, benefits, and unique selling points of what you're selling.
Build relationships: Establish trust and rapport with potential customers by listening, empathizing, and addressing their needs.
Communicate persuasively: Clearly articulate how your p...
posted on 29 May 2022
I applied via Campus Placement and was interviewed in Oct 2021. There was 1 interview round.
I applied via Approached by Company and was interviewed before Jun 2023. There was 1 interview round.
Creating an interface in Python or Java
In Python, create an interface using the 'abc' module and the 'abstractmethod' decorator
In Java, create an interface using the 'interface' keyword
Interfaces define a set of methods that a class must implement
Return is used to exit a function and yield is used to produce a series of values
Return statement is used to exit a function and return a value to the caller
Yield statement is used in generator functions to produce a series of values
Yield is used to create iterators, while return is used to return a value from a function
Example: def generator_function(): yield 1 yield 2 yield 3
Example: def return_function()
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