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Assessment was Moderate to Easy one
The Golden rules are basic principles of accounting that serve as the foundation for recording financial transactions.
Golden Rule of Personal Account: Debit the receiver, credit the giver. Example: Cash received from a customer is debited to the Cash account.
Golden Rule of Real Account: Debit what comes in, credit what goes out. Example: Purchase of machinery is debited to Machinery account.
Golden Rule of Nominal Accou...
Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
Accounts payable represents a company's short-term debt obligations to suppliers or vendors.
It is recorded as a liability on the balance sheet.
Accounts payable is typically settled within a short period, often 30 to 90 days.
Examples include invoices from suppliers for raw materials, utilities, or...
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In Tally, developments refer to new features, updates, and improvements made to the software.
Developments in Tally include new functionalities added to the software.
Updates to existing features to enhance performance and user experience.
Improvements in user interface for better navigation and usability.
Bug fixes to address issues reported by users.
Integration of new technologies to keep up with industry standards.
For e...
I applied via Walk-in and was interviewed in Jun 2024. There were 3 interview rounds.
Knowledge test and work experience
Salary discussion and timings
I applied via Naukri.com and was interviewed in Mar 2024. There were 2 interview rounds.
Classic interviewer with knowladgeble skills
Need to accurate and presence of mind require at each level
I applied via LinkedIn and was interviewed in Jan 2024. There were 2 interview rounds.
posted on 10 Nov 2023
I applied via Referral and was interviewed in May 2023. There were 2 interview rounds.
I applied via Company Website
Debit and credit are the two sides of every financial transaction. Debit is an entry on the left side, and credit is an entry on the right side.
Debit represents an increase in assets or a decrease in liabilities or equity.
Credit represents a decrease in assets or an increase in liabilities or equity.
Debit and credit must always balance in every transaction.
For example, when a company purchases inventory with cash, the ...
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 are subject to depreciation include buildings, vehicles, and equipment.
Depreciation can be straight-l...
The question should be related to accounting principles and practices.
The question can be about financial statements, budgeting, or auditing.
It can also be about accounting software or tax laws.
Examples: What is the difference between a balance sheet and an income statement? How do you ensure accuracy in financial reporting?
What are the common accounting software used in your previous company? How do you handle tax com
posted on 30 Nov 2021
I applied via Walk-in and was interviewed in Jan 2022. There was 1 interview round.
Senior Analyst
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Junior Engineer
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| ₹3.2 L/yr - ₹5.1 L/yr |
Specialist
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| ₹4.4 L/yr - ₹7.9 L/yr |
Procurement Specialist
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| ₹4 L/yr - ₹8.2 L/yr |
Assistant Manager
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| ₹12 L/yr - ₹21.6 L/yr |
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