FreshersLive Interview Questions, Process, and Tips

Types of journal entries include adjusting, reversing, compound, and closing entries.

• Adjusting entries are made at the end of an accounting period to ensure accurate financial statements.

• Reversing entries are optional entries made at the beginning of an accounting period to cancel out adjusting entries.

• Compound entries involve more than two accounts being debited or credited in a single journal entry.

• Closing entries ar...read more

BRS stands for Bank Reconciliation Statement, a process to ensure the accuracy of a company's financial records.

• Compares the company's bank statement with its own accounting records

• Identifies discrepancies such as outstanding checks or deposits

• Helps in detecting errors or fraud

• Ensures the company's cash balance is accurate

Current is the flow of electric charge through a conductor.

• Current is measured in amperes (A).

• It is caused by the movement of electrons.

• There are two types of current: direct current (DC) and alternating current (AC).

• DC flows in one direction while AC changes direction periodically.

• Current is essential for the functioning of electrical devices.

The question is asking for a code that can determine whether a given number is even or odd.

• Use the modulo operator (%) to check if the number is divisible by 2

• If the result of the modulo operation is 0, the number is even

• If the result of the modulo operation is 1, the number is odd

The formula for power is P = W/t or P = F*v

• Power is the rate at which work is done or energy is transferred

• The unit of power is watt (W)

• P = W/t where W is work done and t is time taken

• P = F*v where F is force and v is velocity

• Power can be calculated for electrical circuits using P = VI or P = I^2*R