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Accruals are adjustments made to financial statements to ensure that revenues and expenses are recognized in the period they are earned or incurred, regardless of when cash is exchanged.
Accruals help match revenues and expenses to the period in which they are incurred, providing a more accurate representation of a company's financial performance.
Examples of accruals include accrued interest, accrued wages, and accrued ...
Deferrals are revenues or expenses that are recognized at a later date instead of immediately when they are incurred.
Deferrals involve postponing the recognition of revenue or expenses to a future period.
Common examples of deferrals include prepaid expenses, unearned revenue, and deferred tax assets/liabilities.
Prepaid expenses are costs that are paid in advance but recognized as expenses over time as they are used.
Une...
I was interviewed in Oct 2021.
The Golden Rules of Accounting are basic principles that guide the recording of financial transactions.
Debit the receiver, credit the giver
Debit what comes in, credit what goes out
Debit expenses and losses, credit income and gains
Accrued refers to expenses incurred but not yet paid, debtor is someone who owes money to the company, creditor is someone the company owes money to.
Accrued expenses are recorded as liabilities on the balance sheet until they are paid off.
Debtors are customers who have purchased goods or services on credit and owe money to the company.
Creditors are suppliers or vendors who have provided goods or services on credit and
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I applied via Campus Placement
I applied via Campus Placement
Guesstimate and behavioral question
My greatest achievement was leading a team to successfully launch a new product ahead of schedule and under budget.
Led a team to launch a new product ahead of schedule
Managed project under budget
Received recognition for successful project completion
My name is John Smith.
Full name is John Smith
Common first and last name combination
Easy to remember and pronounce
I applied via Naukri.com and was interviewed in May 2021. There was 1 interview round.
Extract 'oyo' from domain name in Google Sheets.
Use the formula =REGEXEXTRACT(A1, "oyo") where A1 is the cell containing the domain name.
This will extract the first occurrence of 'oyo' in the domain name.
If 'oyo' appears multiple times, use =REGEXEXTRACT(A1, "oyo", 2) for the second occurrence, and so on.
Time() is a SQL function that returns the current system date and time.
Time() can be used in SELECT, INSERT, UPDATE, and DELETE statements.
The returned value is in the format 'YYYY-MM-DD HH:MI:SS'.
Timezone can affect the returned value.
Example: SELECT Time() AS CurrentTime;
I applied via Referral and was interviewed before Dec 2021. There were 2 interview rounds.
based on 1 interview
Interview experience
based on 6 reviews
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