Dell
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posted on 30 Jul 2024
Accrual accounting is a method of accounting where revenues and expenses are recorded when they are earned or incurred, regardless of when cash is exchanged.
Revenue is recognized when it is earned, not necessarily when cash is received
Expenses are recorded when they are incurred, not necessarily when they are paid
Accrual accounting provides a more accurate picture of a company's financial position and performance over ...
Prepayment is an advance payment made for goods or services before they are received or delivered.
Prepayment is recorded as an asset on the balance sheet until the goods or services are received or delivered.
Once the goods or services are received or delivered, the prepayment is then recognized as an expense on the income statement.
Examples of prepayments include rent paid in advance, insurance premiums, and subscripti
I applied via Recruitment Consulltant and was interviewed in Dec 2023. There was 1 interview round.
Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
Accounts payable is a liability on the balance sheet.
It represents the amount of money a company owes for goods or services received but not yet paid for.
Accounts payable is typically recorded when an invoice is received from a supplier.
It is an important aspect of managing a company's cash flow ...
Fixed assets are long-term tangible assets that are used in the production of goods or services and are not intended for sale.
Fixed assets are physical assets like buildings, machinery, vehicles, and equipment.
They are used by a company for more than one accounting period.
Fixed assets are not intended for sale in the normal course of business.
They are recorded on the balance sheet at their original cost minus accumulat...
To capitalise a plant, you can allocate costs associated with acquiring, constructing, or improving the plant as assets on the balance sheet.
Determine the cost of the plant, including purchase price, installation costs, and any other costs directly related to getting the plant ready for use.
Record the plant as a fixed asset on the balance sheet, categorising it appropriately based on its useful life and depreciation me...
posted on 4 May 2024
I applied via Naukri.com and was interviewed in Apr 2024. There was 1 interview round.
I applied via Company Website and was interviewed before Jul 2023. There were 3 interview rounds.
My favorite Apple product is the iPhone because of its sleek design, user-friendly interface, and wide range of features.
Sleek design: Apple products are known for their elegant and modern design.
User-friendly interface: The iPhone's operating system is intuitive and easy to use.
Wide range of features: From the App Store to the camera quality, the iPhone offers a variety of functions to enhance the user experience.
What is your proudest accomplishment and Tell us about your greatest failure and what you have learned from it
I was interviewed in May 2022.
I applied via Referral and was interviewed in Jul 2021. There were 3 interview rounds.
A strong aggressive person can be an asset in sales, but must also be able to listen and adapt to customer needs.
Assertive communication skills are important in negotiating deals
Ability to handle rejection and maintain composure
Understanding the difference between assertiveness and aggression
Flexibility to adapt to different customer personalities and needs
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