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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
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I applied via Referral and was interviewed in Feb 2021. There was 1 interview round.
The golden rules of accounting are basic principles that guide the recording of financial transactions.
The first golden rule is the Personal Account rule, which states that debit the receiver and credit the giver.
The second golden rule is the Real Account rule, which states that debit what comes in and credit what goes out.
The third golden rule is the Nominal Account rule, which states that debit all expenses and losse
Debtor and creditor are accounting terms used to describe the relationship between two parties in a financial transaction.
A debtor is a person or entity that owes money to another party.
A creditor is a person or entity to whom money is owed by another party.
Debtors are recorded as liabilities on the balance sheet, while creditors are recorded as assets.
Examples of debtors include customers who have not yet paid for goo...
I applied via Walk-in and was interviewed in Aug 2021. There were 3 interview rounds.
The basic account equation is Assets = Liabilities + Equity.
Assets are what a company owns or has control over, such as cash, inventory, and property.
Liabilities are what a company owes to others, such as loans and accounts payable.
Equity is the residual interest in the assets of the company after deducting liabilities.
The equation must always balance, meaning that the total assets must equal the total liabilities and
Two ways to estimate bad debt are aging method and percentage of sales method.
Aging method involves categorizing accounts receivable by age and estimating the percentage of each category that will become bad debt.
Percentage of sales method involves estimating the percentage of sales that will become bad debt based on historical data or industry averages.
Other methods include customer creditworthiness analysis and indus...
To minimize and check for errors, I double-check my work and use tools like spell-check and formulas.
I review my work multiple times before submitting it
I use tools like spell-check and grammar-check to catch any errors
I use formulas and templates to ensure accuracy
I ask a colleague to review my work for a fresh perspective
I take breaks to avoid fatigue and maintain focus
I applied via Recruitment Consultant and was interviewed in Jun 2019. There were 5 interview rounds.
The portfolio I managed had an average business of $2 million per year.
The portfolio I managed had a consistent flow of business throughout the year.
I was responsible for maintaining and growing the portfolio's business.
I regularly analyzed the portfolio's performance and made adjustments as needed.
I worked closely with clients to understand their needs and provide solutions.
Examples of businesses in my portfolio inclu
I applied via Naukri.com and was interviewed before Apr 2021. There were 4 interview rounds.
I applied via Walk-in and was interviewed before Apr 2021. There were 2 interview rounds.
It is the right choice if any one join this company and number one in competition
I applied via Referral and was interviewed before Feb 2021. There were 2 interview rounds.
I applied via Naukri.com and was interviewed before Feb 2021. There were 3 interview rounds.
Medium-sized organization with approximately 500 employees
Approximately 500 employees
Multiple departments and teams
Hierarchical structure with managers and supervisors
Operates in multiple locations
Serves a diverse customer base
The turnover of our company has been steadily increasing over the past few years.
Our company has experienced consistent growth in terms of revenue and sales.
We have been able to attract and retain a large customer base.
Our products and services have been well-received in the market.
We have implemented effective marketing strategies to drive sales.
Our strong leadership and dedicated team have contributed to our success.
I want to join Vishal megamart because of its strong reputation, growth opportunities, and commitment to customer satisfaction.
Vishal megamart has a strong reputation in the retail industry for its quality products and excellent customer service.
I am impressed by the company's growth and expansion plans, which indicate potential career advancement opportunities.
I believe in the importance of customer satisfaction, and ...
I am looking for a change to further develop my skills and take on new challenges.
Seeking new opportunities for growth and advancement
Interested in expanding my knowledge and experience
Eager to take on new challenges and responsibilities
Looking for a supportive and dynamic work environment
Desire to contribute to a company's success and make a positive impact
I am a highly motivated and experienced professional with a strong background in management and leadership.
Over 5 years of experience in management roles
Proven track record of successfully leading teams and achieving targets
Excellent communication and interpersonal skills
Strong problem-solving and decision-making abilities
Ability to adapt to changing environments and handle multiple tasks
Example: As a Store Manager, I ...
I applied via Walk-in and was interviewed before Oct 2021. There were 2 interview rounds.
Basic general knowledge about Mathematics and general knowledge
I applied via Referral and was interviewed before Sep 2021. There were 5 interview rounds.
Logical Reasoning and Quantitative Aptitude
based on 2 interviews
Interview experience
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Rating in categories
Department Manager
1.3k
salaries
| ₹2.8 L/yr - ₹7 L/yr |
Cashier
760
salaries
| ₹0.4 L/yr - ₹4.5 L/yr |
Assistant Manager
582
salaries
| ₹3 L/yr - ₹10 L/yr |
Assistant Store Manager
478
salaries
| ₹4.5 L/yr - ₹12 L/yr |
Purchase Officer
410
salaries
| ₹1 L/yr - ₹5.2 L/yr |
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