Freelancer.com Accountant Interview Questions and Answers

Q1. Tell me something about yourself
Add your answer
Q2. Shaee your experience
Add your answer

Q1. All domain related questions were asked
Add your answer

Q1. What are accounts receivable?
Ans. 
Accounts receivable are amounts owed to a company by customers for goods or services provided on credit.
• Accounts receivable represent the money that a company is owed by its customers.

• They are considered an asset on the company's balance sheet.

• Companies often offer credit terms to customers, allowing them to pay for goods or services at a later date.

• Examples include invoices sent to customers for products or services p...read more
Answered by AI
Add your answer
Q2. What is On Account?
Ans. 
On Account refers to a transaction where payment is made at a later date.
• On Account transactions are recorded as accounts receivable on the balance sheet.

• It represents a promise to pay for goods or services received.

• Common in business-to-business transactions where credit terms are offered.

• Example: A customer purchases goods on account and agrees to pay within 30 days.
Answered by AI
Add your answer
Q3. What is Purchase Order? Is it mentioned on Invoice?
Ans. 
A Purchase Order is a document issued by a buyer to a seller, outlining the items and quantities of products or services to be purchased.
• A Purchase Order is a legally binding document that confirms the details of a transaction between a buyer and a seller.

• It typically includes information such as item descriptions, quantities, prices, terms, and delivery dates.

• Purchase Orders are used to track and authorize purchases w...read more
Answered by AI
Add your answer
Q4. How to use vlookup in excel?
Ans. 
VLOOKUP is a function in Excel used to search for a value in a table and return a corresponding value.
• Enter the formula =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup]) in a cell

• lookup_value is the value to search for in the first column of the table

• table_array is the range of cells that contains the data

• col_index_num is the column number in the table from which to retrieve the data

• range_lookup is opt...read more
Answered by AI
Add your answer

Accounts Receiveables

Q1. What is your current CTC?
Ans. 
My current CTC is $60,000 per year.
• My current CTC is $60,000 per year.

• I am currently earning $5,000 per month.

• My annual salary is $60,000.
Answered by AI
Add your answer
Q2. What is your expected CTC
Ans. 
My expected CTC is based on my experience, qualifications, and the industry standards.
• My expected CTC is in line with the average salary for an Accountant in this industry.

• I have taken into consideration my years of experience and relevant qualifications when determining my expected CTC.

• I am open to negotiation based on the overall compensation package offered by the company.
Answered by AI
Add your answer

It has reasoning, maths and accounting

Q1. Tell me something About yourself
Ans. 
I am a detail-oriented accountant with 5 years of experience in financial reporting and analysis.
• I have a Bachelor's degree in Accounting from XYZ University.

• I am proficient in using accounting software such as QuickBooks and SAP.

• I have experience in preparing monthly financial statements and analyzing variances.

• I am a Certified Public Accountant (CPA) and stay updated on the latest accounting regulations.

• I have excell...read more
Answered by AI
Add your answer
Q2. Question related to accounting
Add your answer
Q3. Past experience
Add your answer

Q1. What is tha tally
Ans. 
Tally is an accounting software used for financial record-keeping and management.
• Tally is a popular accounting software used by businesses for financial transactions.

• It helps in recording and managing financial data such as sales, purchases, expenses, and payroll.

• Tally provides features like invoicing, inventory management, and financial reporting.

• It is widely used in India and other countries for its user-friendly int
Answered by AI
Add your answer
Q2. What used tally software
Ans. 
I have used Tally ERP 9 software for accounting purposes.
• Tally ERP 9 is a popular accounting software used by many businesses.

• It helps in managing financial transactions, inventory, payroll, and more.

• The software provides features like invoicing, bank reconciliation, and financial statements.

• Tally ERP 9 is known for its user-friendly interface and customizable options.
Answered by AI
Add your answer