Bhagwati Foods Executive Accountant Interview Questions and Answers

Q1. Question About Your Previous Work Experience.
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Q2. About Your Currant Job Profile.
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Q1. Golden rules in accounts
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Golden rules in accounts are basic principles that guide the recording of financial transactions.
• The three golden rules in accounts are: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit expenses and losses, Credit income and gains.

• For example, when cash is received, it is debited because it is an inflow of cash. When cash is paid out, it is credited because it is an outflow of cash...read more
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Q2. Balnce sheet and petty cash lefgers
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Q1. 1) Tell me about yourself? 2) About Educational Background and Family Background? 3) Are you fresher or experience Candidate? 4) what would be expecting in salary? 5) Are you comfortable to come for traini...read more
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Q2. Do you know about petty cash transactions?
Ans. 
Yes, I am familiar with petty cash transactions.
• Petty cash transactions refer to small cash payments made for miscellaneous expenses.

• These transactions are typically recorded in a petty cash book or log.

• Examples of petty cash transactions include reimbursing employees for office supplies, paying for small repairs, or covering minor travel expenses.

• Proper documentation and reconciliation of petty cash transactions are e
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Q3. How will be manage all the payments and staff records?
Ans. 
We will manage all payments and staff records through a comprehensive accounting software system.
• Implementing an accounting software system to track and manage all payments and staff records

• Creating a centralized database to store and organize payment and staff information

• Establishing clear processes and procedures for recording and updating payment and staff records

• Regularly reconciling payment records with bank state...read more
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Q4. Do you know about petty cash transactions?
Ans. 
Yes, I am familiar with petty cash transactions.
• Petty cash transactions refer to small cash payments made for miscellaneous expenses.

• These transactions are typically recorded in a petty cash book or log.

• Examples of petty cash transactions include purchasing office supplies, reimbursing employees for small expenses, or paying for minor repairs.

• Proper documentation and reconciliation of petty cash transactions are import
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Q5. How will be manage all the payments and staff records?
Ans. 
We will manage all payments and staff records through a comprehensive accounting system.
• Implementing an accounting software to track and manage payments

• Maintaining a centralized database for staff records

• Establishing clear processes and procedures for payment and record management

• Regularly reconciling payments and updating staff records

• Ensuring data security and confidentiality

• Providing training and support to staff fo
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Q1. 1) Tell me about yourself? 2) Tell me journal entries like purchase and sales? 3) Tell me about your strength and weaknesses? 4) Do you know about the golden rules of accounting? 5) What would be expecting...read more
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Q1. Asked about myself and previously worked experience
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Q1. Asked about accounting and taxation
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When i entered interview place they are positively response...

Q1. After that first round hr ask some technical questions
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Q2. What is accounting? What is golden roles? What about accounts in your experience?
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Q1. About experience
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