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Accrual accounting is a method of accounting where revenues and expenses are recorded when they are earned or incurred, regardless of when cash is exchanged.
Revenue is recognized when it is earned, not necessarily when cash is received
Expenses are recorded when they are incurred, not necessarily when they are paid
Accrual accounting provides a more accurate picture of a company's financial position and performance over ...
Prepayment is an advance payment made for goods or services before they are received or delivered.
Prepayment is recorded as an asset on the balance sheet until the goods or services are received or delivered.
Once the goods or services are received or delivered, the prepayment is then recognized as an expense on the income statement.
Examples of prepayments include rent paid in advance, insurance premiums, and subscripti
I applied via Company Website and was interviewed in Mar 2021. There was 1 interview round.
I have 2 years of experience in accounting.
During my 2 years of experience, I have gained a strong understanding of accounting principles and practices.
I have experience in preparing financial statements, managing accounts payable and receivable, and reconciling bank statements.
I am proficient in using accounting software such as QuickBooks and Excel.
I have also developed strong analytical and problem-solving skills th...
I applied via Job hai and was interviewed in Aug 2023. There was 1 interview round.
Working capital is the difference between current assets and current liabilities. Bank reconciliation is the process of matching the balances in a company's accounting records to the corresponding information on a bank statement. Golden rules of accounting are basic principles that guide the process of recording financial transactions.
Working capital is calculated as current assets minus current liabilities.
Bank reconc...
I appeared for an interview in May 2022.
I applied via Indeed and was interviewed in Jun 2022. There were 2 interview rounds.
I applied via Naukri.com and was interviewed before Sep 2020. There were 3 interview rounds.
I applied via Walk-in and was interviewed before Jan 2021. There were 3 interview rounds.
I applied via Recruitment Consulltant and was interviewed in Dec 2022. There were 6 interview rounds.
I have 8 years of experience in HVAC sales.
8 years of experience in HVAC sales
Managed a team of sales representatives
Successfully increased sales by 20% in the last year
My total Sales Target is 50 Lakhs with 100 ODU. I handle products like electronics, home appliances, and furniture.
Total Sales Target: 50 Lakhs
Number of ODU: 100
Products handled: electronics, home appliances, furniture
Yes, I am aware of how to do heat load and BOQ preparation.
For heat load calculation, I consider factors like building size, insulation, number of occupants, and equipment usage.
For BOQ preparation, I consider materials needed, quantities required, labor costs, and any additional expenses.
I also take into account any special requirements or specifications provided by the client or project manager.
Examples: For heat loa...
I have handled territories in the Midwest region, major dealers include ABC Company and XYZ Inc., and have contributed to a 20% increase in business.
Handled territories in the Midwest region
Major dealers include ABC Company and XYZ Inc.
Contributed to a 20% increase in business
2 Hours -logical ,Apti & case based questions.
My in hand salary is the amount I receive after deductions. The fixed component of my CTC is the guaranteed portion of my salary, while the variable component depends on performance.
In hand salary is the amount received after deductions such as taxes and other withholdings.
Fixed component of CTC is the guaranteed portion of salary, such as base salary.
Variable component of CTC is the portion that can vary based on perf
My expected CTC is negotiable based on the responsibilities and benefits offered for the Assistant Manager position.
My expected CTC is based on industry standards and my level of experience.
I am open to discussing the salary range during the interview process.
I am looking for a competitive salary package that reflects my skills and contributions to the role.
I applied via LinkedIn and was interviewed in Apr 2024. There were 2 interview rounds.
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