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I applied via Approached by Company and was interviewed before Mar 2023. There were 3 interview rounds.
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
The three golden rules of accounting are: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit all expenses and losses, Credit all incomes and gains.
These rules help maintain the balance in the accounting equation: Assets = Liabilities + Equity.
For example, when a company receives...
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Maths, Logical Reasoning, English, Typing.
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I applied via Recruitment Consultant and was interviewed in Dec 2021. There were 3 interview rounds.
Provision for income tax entry is an accounting entry made to account for future tax liabilities.
Provision for income tax is made to account for future tax liabilities.
It is based on estimated tax rates and taxable income.
It is recorded as a liability on the balance sheet.
It is adjusted periodically based on actual tax liabilities.
Example: If a company estimates that it will owe $10,000 in taxes for the year, it will m...
Goods in transit entry refers to the accounting treatment of goods that are in transit from one location to another.
Goods in transit are recorded as inventory on the balance sheet until they reach their final destination.
The cost of goods in transit is included in the cost of goods sold when the goods are sold.
Goods in transit can be tracked using shipping documents such as bills of lading or delivery receipts.
The entr...
EXL Service interview questions for designations
I applied via Naukri.com and was interviewed before Aug 2022. There were 4 interview rounds.
Excel, aptitude test questions from different categories
Get interview-ready with Top EXL Service Interview Questions
I applied via Naukri.com and was interviewed in Nov 2021. There were 3 interview rounds.
Accounting journal entries are records of financial transactions that are recorded in a company's general ledger.
Journal entries are used to record transactions such as sales, purchases, and expenses.
Each entry includes a debit and credit entry, with the total debits equaling the total credits.
Journal entries are typically recorded in chronological order and are used to create financial statements.
Examples of journal e...
Communication level can be tested through various methods.
One can conduct verbal and written communication tests.
Observing body language and non-verbal cues can also help.
Group discussions and role-playing exercises can be used to assess communication skills.
Feedback from colleagues and superiors can provide valuable insights.
Language proficiency tests can also be used to evaluate communication level.
General accounting principles and practices refer to the basic rules and guidelines that govern the field of accounting.
These principles include the accrual basis of accounting, the matching principle, and the consistency principle.
They also involve the use of financial statements, such as the balance sheet, income statement, and cash flow statement.
Other practices include the use of double-entry bookkeeping, the recor...
I applied via Recruitment Consultant and was interviewed in Sep 2021. There were 4 interview rounds.
I applied via Walk-in and was interviewed in Mar 2022. There was 1 interview round.
I applied via Recruitment Consulltant and was interviewed before Dec 2021. There were 2 interview rounds.
You just need to write an Eassy on given subject. Covid19 or jaipur or something else
I applied via Recruitment Consultant and was interviewed in Sep 2021. There were 3 interview rounds.
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