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INCA INFOTECH TECHNOLOGIES
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I applied via Walk-in and was interviewed in Jul 2021. There was 1 interview round.
I have a strong understanding of accounts and their management.
I have a solid knowledge of financial statements, including balance sheets, income statements, and cash flow statements.
I am familiar with various accounting principles and practices, such as GAAP (Generally Accepted Accounting Principles).
I have experience in managing accounts receivable and accounts payable, ensuring timely payments and collections.
I am p...
I have 5 years of experience in the accounting field.
I have worked as an accountant for 5 years.
During my time as an accountant, I have gained experience in financial statement preparation, budgeting, and tax compliance.
I have successfully managed the accounting processes for multiple clients, ensuring accuracy and timeliness.
I am proficient in using accounting software such as QuickBooks and Excel.
I have a strong unde...
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I applied via Referral and was interviewed before Dec 2016. There were 3 interview rounds.
I applied via Naukri.com and was interviewed before Aug 2020. There was 1 interview round.
A type of obligation that a company or individual owes to another party.
Liability refers to the legal obligation to pay debts or fulfill other obligations.
It can be classified as current or long-term, depending on the time frame for repayment.
Examples include accounts payable, loans, and taxes owed.
Liabilities are listed on a company's balance sheet and are an important factor in determining financial health.
Debit represents incoming funds while credit represents outgoing funds.
Debit is used to record an increase in assets or a decrease in liabilities or equity.
Credit is used to record a decrease in assets or an increase in liabilities or equity.
For example, when a company receives cash from a customer, it would debit cash and credit accounts receivable.
Conversely, when a company pays a supplier, it would credit cash and d
I applied via Referral and was interviewed before Mar 2021. There was 1 interview round.
Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
Accounts payable is a liability on the balance sheet
It represents the amount of money owed by a company to its suppliers or vendors
It is typically recorded when goods or services are received but payment has not yet been made
Accounts payable is an important part of a company's working capital man
Bank reconciliation statement is a document that compares the bank's records with the company's records to ensure they match.
It is used to identify any discrepancies between the two sets of records.
It includes items such as deposits in transit, outstanding checks, bank errors, and service charges.
The goal is to ensure the accuracy of the company's financial records and the bank's records.
Once discrepancies are identifi...
I applied via Walk-in and was interviewed in Feb 2022. There were 2 interview rounds.
Nothing
I applied via Naukri.com and was interviewed in Dec 2021. There were 4 interview rounds.
The process of accounts payable involves recording and paying bills owed by a company.
Receive and review invoices
Verify accuracy of invoices
Record invoices in accounting system
Obtain approval for payment
Schedule payment and issue checks or electronic transfers
Reconcile accounts payable ledger with vendor statements
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