Canara Bank Accountant Interview Questions and Answers

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Q1. Accounting taxation
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Q2. Gst and income tax
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Q1. Account related
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Q2. GST
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Q3. TDS
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Q1. What is account
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An account is a record of financial transactions for a specific entity, used to track income, expenses, assets, and liabilities.
• An account is used to track financial transactions for a specific entity

• It includes records of income, expenses, assets, and liabilities

• Accounts are typically organized in a chart of accounts for easy reference

• Examples of accounts include cash, accounts receivable, inventory, and accounts paya
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Q2. GSTR-1 AND GSTR 3B
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Q1. How many types sales invoice
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There are two main types of sales invoices: proforma and commercial.
• Proforma invoice is a preliminary bill of sale sent to buyers before delivery of goods or services.

• Commercial invoice is the final bill of sale issued after the transaction is completed.

• Other types include credit memo, debit memo, and mixed invoice.

• Sales invoices can also be categorized based on payment terms, such as advance payment invoice or install
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Q1. What is your current CTC.
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Q1. Accounting maintain and the account details create
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Q2. Accounting submitted
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Q3. Manage the every account for account holder's
Ans. 
Managing every account for account holders involves maintaining accurate financial records, providing timely updates, and addressing any inquiries or concerns.
• Maintain accurate financial records for each account holder

• Provide timely updates on account balances and transactions

• Address any inquiries or concerns from account holders

• Ensure compliance with financial regulations and policies

• Offer personalized financial advic
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