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When goods are returned after a sale, the entry in the books of accounts is a debit to the Sales Returns account and a credit to the Accounts Receivable account.
Create a Sales Returns account to record returns
Debit the Sales Returns account to increase it
Credit the Accounts Receivable account to decrease it
Include details of the returned goods in the entry
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I applied via Referral and was interviewed in Feb 2020. There were 4 interview rounds.
I applied via Naukri.com and was interviewed before Dec 2020. There were 3 interview rounds.
Version control is essential for managing code changes and collaborating with team members.
Version control allows for tracking changes made to code over time.
It enables collaboration between team members by allowing multiple people to work on the same codebase simultaneously.
It provides a way to revert to previous versions of code if necessary.
Popular version control systems include Git, SVN, and Mercurial.
I joined IBM as a fresh graduate and faced challenges adapting to the corporate environment.
Transitioning from a student to a professional was difficult
Learning to navigate the corporate culture and hierarchy was a challenge
Managing workload and expectations in a fast-paced environment was tough
Dealing with difficult clients or projects tested my problem-solving skills
My weakness is that I can be overly critical of myself, but my strength is my ability to adapt quickly to new situations.
Weakness: tend to be overly critical of myself
Strength: ability to adapt quickly to new situations
I applied via Approached by Company and was interviewed before Jul 2021. There was 1 interview round.
I applied via Recruitment Consultant and was interviewed before Sep 2020. There were 4 interview rounds.
Accrual account is a type of account that records revenue or expenses that have been earned or incurred but not yet received or paid.
Accrual accounting recognizes revenue and expenses when they are earned or incurred, regardless of when the cash is received or paid.
Accrual accounts are used to record these transactions until they are paid or received.
Journal entry is the process of recording a transaction in the accoun...
Reconciliations involve comparing financial records to identify discrepancies and resolve them.
Reconciliations are important for ensuring accuracy in financial reporting.
The process involves comparing two sets of records, such as bank statements and accounting records.
Any discrepancies are identified and investigated to determine the cause.
Examples of reconciliations include bank reconciliations, accounts receivable re
JVM stands for Java Virtual Machine. It is an abstract machine that enables a computer to run Java programs.
JVM is responsible for interpreting the compiled Java code and executing it on the computer.
It provides a platform-independent environment for Java programs to run on different operating systems.
JVM has various components like class loader, bytecode verifier, and execution engine.
Examples of JVM-based languages i
Byte code is a compiled code that can be executed on any platform with the help of a virtual machine.
Byte code is an intermediate code that is generated by a compiler.
It is platform-independent and can be executed on any platform with the help of a virtual machine.
Examples of virtual machines include Java Virtual Machine (JVM) and .NET Common Language Runtime (CLR).
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Area Sales Manager
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| ₹3.6 L/yr - ₹3.6 L/yr |
TCS
Accenture
Wipro
Cognizant