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Accrual entry is a journal entry made to record revenue or expenses that have been earned or incurred, but have not yet been received or paid.
Accrual entries are used to match revenues and expenses with the period in which they are earned or incurred, regardless of when the cash is actually received or paid.
For example, if a company provides services in December but does not receive payment until January, an accrual en...
Reconciliation is the process of comparing two sets of records to ensure they are in agreement.
Reconciliation involves verifying and adjusting financial statements to match the records of two different sources.
It helps in identifying discrepancies, errors, or fraud in financial transactions.
Examples include bank reconciliation where the bank statement is compared to the company's records to ensure accuracy.
I applied via Recruitment Consulltant and was interviewed before Jun 2021. There were 2 interview rounds.
Amcat
I applied via Company Website and was interviewed in Dec 2020. There was 1 interview round.
I applied via Naukri.com and was interviewed before Jan 2022. There were 3 interview rounds.
I applied via Naukri.com and was interviewed in May 2022. There were 2 interview rounds.
RTGS stands for Real Time Gross Settlement. It is a funds transfer system where transactions are settled in real-time.
RTGS is a payment system used for large-value transactions.
It operates on a gross settlement basis, meaning each transaction is settled individually and immediately.
RTGS is typically used for high-value transactions that require immediate clearing and settlement.
The minimum amount for RTGS transactions ...
I applied via Campus Placement and was interviewed before Nov 2023. There were 3 interview rounds.
Written exam was conducted which had comprehensive syllabus of reasoning, quant and english.
posted on 28 Jul 2024
I applied via Recruitment Consulltant and was interviewed before Jul 2023. There were 3 interview rounds.
English accounting reasoning
I applied via Company Website and was interviewed in May 2022. There were 4 interview rounds.
Aptitude, skills checking, ip checking and mathematics
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