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posted on 24 Sep 2024
I applied via Referral and was interviewed in Mar 2024. There was 1 interview round.
Journal entry for prepaid expenses involves debiting Prepaid Expense account and crediting Cash or Bank account.
Prepaid expenses are expenses paid in advance but not yet incurred.
To record prepaid expenses, debit the Prepaid Expense account and credit Cash or Bank account.
Example: Journal entry for prepaid rent of $1,200 would be: Debit Prepaid Rent $1,200 and Credit Cash/Bank $1,200.
Journal entry for dividend involves debiting retained earnings and crediting dividends payable or cash account.
Debit retained earnings to decrease equity
Credit dividends payable or cash account to show payment to shareholders
Dividends are not an expense, but a distribution of profits
Journal entry: Debit Retained Earnings, Credit Dividends Payable or Cash
posted on 25 Jun 2024
I applied via Recruitment Consulltant and was interviewed before Jun 2023. There were 3 interview rounds.
Given a scenario where the customer is very angry how do you handle the situation?
I applied via Recruitment Consulltant and was interviewed in Jan 2022. There were 2 interview rounds.
posted on 29 Dec 2024
I applied via LinkedIn and was interviewed in Jun 2024. 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 represents a company's short-term debt obligations to its suppliers or vendors.
It is listed as a current liability on the company's balance sheet.
Accounts payable is typically settled within a short period, often within 30 to 60 days.
Examples of accounts payable include invoices ...
PO stands for Purchase Order, Non PO refers to transactions without a Purchase Order. 2 way match involves matching the invoice with the PO, while 3 way match involves matching the invoice, PO, and receiving report.
PO (Purchase Order) is a document issued by a buyer to a seller, outlining the products or services to be purchased.
Non PO transactions are purchases made without a formal Purchase Order.
2 way match is the p...
I applied via Referral and was interviewed in Apr 2023. There were 3 interview rounds.
Campaign idea needed
I want to join because I have a strong background in accounts management and I am excited about the opportunity to contribute to the growth and success of the company.
I have several years of experience in accounts management and have successfully handled large client portfolios.
I am highly skilled in financial analysis, budgeting, and forecasting, which are essential for the role of an Accounts Manager.
I am motivated b...
I am an experienced Accounts Manager with a strong background in financial management and team leadership.
Over 10 years of experience in managing accounts and financial operations
Proven track record of successfully leading teams and achieving financial targets
Expertise in budgeting, forecasting, and financial analysis
Proficient in using accounting software such as QuickBooks and Excel
Strong communication and interperso...
I applied via Approached by Company and was interviewed before Feb 2023. There was 1 interview round.
posted on 24 Sep 2024
I applied via Referral and was interviewed in Mar 2024. There was 1 interview round.
Journal entry for prepaid expenses involves debiting Prepaid Expense account and crediting Cash or Bank account.
Prepaid expenses are expenses paid in advance but not yet incurred.
To record prepaid expenses, debit the Prepaid Expense account and credit Cash or Bank account.
Example: Journal entry for prepaid rent of $1,200 would be: Debit Prepaid Rent $1,200 and Credit Cash/Bank $1,200.
Journal entry for dividend involves debiting retained earnings and crediting dividends payable or cash account.
Debit retained earnings to decrease equity
Credit dividends payable or cash account to show payment to shareholders
Dividends are not an expense, but a distribution of profits
Journal entry: Debit Retained Earnings, Credit Dividends Payable or Cash
posted on 22 Jan 2022
I applied via Naukri.com and was interviewed in Dec 2021. There were 3 interview rounds.
The journal entry for accounts payable is a credit to accounts payable and a debit to the corresponding expense or asset account.
Accounts payable is a liability account that represents the amount owed to suppliers or vendors for goods or services received.
When recording the journal entry for accounts payable, the accounts payable account is credited to increase the liability.
The corresponding expense or asset account i...
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