Filter interviews by
I applied via Walk-in and was interviewed before Jan 2020. There were 4 interview rounds.
Trial balance is used to ensure that the total debits equal the total credits in the accounting records.
Helps in detecting errors in the accounting records
Ensures accuracy of financial statements
Assists in preparing financial statements
Used to identify adjusting entries
Provides a summary of all ledger accounts
Example: If the trial balance shows a difference, it indicates that there is an error in the accounting records
I applied via Naukri.com and was interviewed in May 2022. There were 2 interview rounds.
I want to give information about my skill. What I know and do not know, we will have to tell our interviewer. Thank you.
I applied via Approached by Company and was interviewed in May 2022. There were 2 interview rounds.
Yes, I have extensive experience in Excel including data entry, formula creation, and data analysis.
Proficient in data entry and formatting
Skilled in creating complex formulas and functions
Experienced in data analysis and creating charts and graphs
Familiar with VLOOKUP, PivotTables, and macros
Used Excel for budgeting and financial analysis in previous roles
I applied via Approached by Company and was interviewed in Feb 2022. There were 2 interview rounds.
Golden rules are basic principles of accounting that guide the recording of financial transactions.
There are three golden rules: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.
These rules ensure that every transaction is recorded accurately and consistently.
For example, if a company receives cash from a customer, the cash account is de...
Account payable is the amount of money a company owes to its suppliers or vendors for goods or services received but not yet paid for.
It is a liability on the company's balance sheet
It represents the amount owed to suppliers or vendors
It is recorded as a credit in the company's books
Examples include unpaid invoices for raw materials, utilities, or rent
It is important to manage and pay accounts payable on time to mainta
SAP and ERP are enterprise software solutions used for managing business operations and resources.
SAP stands for Systems, Applications, and Products in Data Processing.
ERP stands for Enterprise Resource Planning.
Both SAP and ERP help in streamlining business processes, improving efficiency, and reducing costs.
They provide a centralized database for managing various functions like finance, HR, inventory, and supply chai...
A blanket order is a purchase order that covers multiple deliveries over a period of time, usually for a fixed amount.
It is a type of purchase order.
It covers multiple deliveries over a period of time.
It is usually for a fixed amount.
It is commonly used for recurring orders of the same item.
It simplifies the ordering process and reduces administrative costs.
Example: A company may place a blanket order for office suppli...
I applied via Company Website and was interviewed in Jul 2022. There were 2 interview rounds.
I applied via AngelList and was interviewed in Aug 2022. There were 2 interview rounds.
There are several types of accountants, including public accountants, management accountants, government accountants, and internal auditors.
Public accountants work for accounting firms and provide services to clients such as tax preparation and financial statement audits.
Management accountants work for companies and provide financial analysis and advice to help with decision-making.
Government accountants work for feder...
MS Office Word and Excel are software applications used for word processing and spreadsheet management respectively.
MS Office Word is used for creating and editing documents such as letters, reports, and resumes.
MS Office Excel is used for managing and analyzing data in spreadsheets.
Both applications are commonly used in business and academic settings.
They offer a wide range of features and tools to enhance productivit...
A financial statement that shows a company's assets, liabilities, and equity at a specific point in time.
Balancesheet is a snapshot of a company's financial position at a specific date.
It shows the company's assets, liabilities, and equity.
Assets are what the company owns, liabilities are what the company owes, and equity is the difference between the two.
The balancesheet follows the accounting equation: Assets = Liabi...
Cash flow statement is a financial statement that shows the inflow and outflow of cash in a business over a period of time.
It shows the sources of cash and how it was used.
It helps in analyzing the liquidity and solvency of a business.
It is divided into three sections: operating, investing, and financing activities.
Example: If a company has a positive cash flow from operating activities, it means that the company is ge...
Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence or other factors.
Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet.
It is calculated based on the useful life of the asset and the method of depreciation chosen.
Examples of assets that can be depreciated include buildings, vehicles, machinery, and equipment.
Depreciation can be straight-...
I applied via Referral and was interviewed before May 2021. There were 2 interview rounds.
I applied via Walk-in and was interviewed in Mar 2022. There were 2 interview rounds.
This Group Discussion on Commerce
based on 1 interview
Interview experience
based on 2 reviews
Rating in categories
Junior Accountant
7
salaries
| ₹2.1 L/yr - ₹2.5 L/yr |
Data Engineer
4
salaries
| ₹4.5 L/yr - ₹5 L/yr |
Executive Accountant
4
salaries
| ₹2 L/yr - ₹4.5 L/yr |
TCS
Accenture
Wipro
Cognizant