Godrej Industries Group Accountant Interview Questions and Answers

Starting on wards we have an exam after completing exam then allow next

Q1. Account questions and some thing
Ans. I know Java , account , c+
Answered Anonymously
Add your answer
Q2. What is the expecting salary
Ans. 
The expected salary for an Accountant depends on factors such as experience, qualifications, and location.
• Consider your level of experience and qualifications when determining your expected salary.

• Research the average salary range for Accountants in your location to get an idea of what is reasonable.

• Take into account any additional certifications or specialized skills you possess that may warrant a higher salary.

• Consid...read more
Answered by AI
View 1 more answer

Q1. What is Cp and Sp
Ans. 
Cp and Sp are terms used in accounting to refer to cost price and selling price respectively.
• Cp stands for cost price, which is the price at which a product or service is purchased.

• Sp stands for selling price, which is the price at which a product or service is sold to customers.

• The formula to calculate profit is: Profit = Sp - Cp

• Understanding Cp and Sp is essential for calculating profit margins and making pricing dec
Answered by AI
Add your answer

Q1. What are the 3 golden rules
Ans. 
The 3 golden rules of accounting are the rules that govern how financial transactions should be recorded and reported.
• 1. Debit the receiver, credit the giver: When an asset is received, it is debited. When an asset is given, it is credited.

• 2. Debit what comes in, credit what goes out: Debit increases assets and expenses, credit decreases them.

• 3. Debit all expenses and losses, credit all incomes and gains: Expenses and ...read more
Answered by AI
Add your answer
Q2. Voucher in tally
Ans. 
A voucher in Tally is a document used to record financial transactions in the accounting software.
• Vouchers in Tally include sales vouchers, purchase vouchers, payment vouchers, receipt vouchers, journal vouchers, etc.

• Each voucher type has specific fields to enter transaction details like date, party name, amount, ledger accounts, etc.

• Vouchers help in maintaining accurate and organized financial records for businesses.

• V...read more
Answered by AI
Add your answer
Q3. What is balance sheet explain liability asset & equity
Ans. 
Balance sheet is a financial statement that shows a company's assets, liabilities, and equity at a specific point in time.
• Assets are resources owned by the company, such as cash, inventory, and equipment.

• Liabilities are obligations or debts that the company owes to others, such as loans and accounts payable.

• Equity represents the owner's stake in the company, calculated as assets minus liabilities.

• The balance sheet equa...read more
Answered by AI
Add your answer
Q4. What is GST & tds
Ans. 
GST stands for Goods and Services Tax, a consumption tax levied on the supply of goods and services. TDS stands for Tax Deducted at Source, a tax collection method.
• GST is a value-added tax levied on most goods and services sold for domestic consumption.

• TDS is a tax deducted by the payer at the time of making payment to the payee.

• GST is collected by businesses and remitted to the government, while TDS is deducted by the...read more
Answered by AI
Add your answer
Q5. What is reconciliation
Ans. 
Reconciliation is the process of comparing two sets of records to ensure they are in agreement.
• Reconciliation involves verifying and adjusting financial records to match bank statements or other sources.

• It helps identify discrepancies, errors, or fraud in financial transactions.

• Examples include reconciling bank statements with cash records, credit card statements with expense reports, or inventory records with physical
Answered by AI
Add your answer

Q1. Hobbies, education, skills
Add your answer
Q2. Self introduction, night shift
Add your answer

Related to logical and verbal codes or voding in my course

Related about to nature and human waves

Q1. What is your experience?
Add your answer
Q2. Why are you want this job?
Add your answer