CityBank Accounting Staff Interview Questions and Answers

An account is a record of financial transactions for a specific asset, liability, equity, revenue, or expense.

• An account is used to track the financial activity of a specific category within a company's financial statements.

• Accounts are typically organized into a chart of accounts to facilitate financial reporting and analysis.

• Examples of accounts include cash, accounts receivable, inventory, accounts payable, and reta

Handling accounts involves recording financial transactions, analyzing data, preparing financial statements, and ensuring accuracy.

• Maintain accurate records of financial transactions

• Analyze financial data to identify trends and make recommendations

• Prepare financial statements such as balance sheets and income statements

• Ensure compliance with accounting principles and regulations

• Use accounting software to streamline pro