Concentrix Corporation Reconciliation Analyst Interview Questions and Answers

Aptitude test contains English,Reasoning and basic maths

Q1. Research about the job description and the basic accounting
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Q2. 1 what is the Reconciliation Analyst 2why do we hire you 3Journal entry for cash sales
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Q3. Journal entry for sale on credit
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A journal entry for a sale made on credit.
• Debit Accounts Receivable and credit Sales for the amount of the sale

• Debit Cost of Goods Sold and credit Inventory for the cost of the goods sold

• Debit Sales Tax Payable and credit Sales Tax Liability for any applicable sales tax

• Debit Cash and credit Accounts Receivable when the payment is received
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Q4. Whati the bank reconciliation statement
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A bank reconciliation statement is a document that compares the bank statement with the company's records to identify any discrepancies.
• It is used to ensure that the company's records match the bank's records.

• It lists all the transactions that have been recorded by the company but are not yet reflected in the bank statement.

• It also includes any transactions that have been recorded by the bank but are not yet reflected ...read more
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Q5. Cash flow statement
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