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30 mins of aptitude test - 15 questions
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Topic Discussion on Artificial intelligence
Preparation of ledger to balance sheet
Different type of journal entries
Different situations and journal entries
posted on 22 Jan 2024
I applied via Naukri.com and was interviewed in Dec 2023. There were 2 interview rounds.
The 3 golden rules of accounting are the basic principles that guide the recording of financial transactions.
The first golden rule is the Personal Account rule, which states that 'Debit the receiver, credit the giver'. For example, when a customer pays cash for goods purchased, the cash account is debited and the sales account is credited.
The second golden rule is the Real Account rule, which states that 'Debit what co...
Bookkeeping is the process of recording, organizing, and maintaining financial transactions of a business.
Bookkeeping involves recording all financial transactions, such as sales, purchases, and expenses.
It helps in organizing and categorizing financial data for easy analysis and reporting.
Bookkeeping ensures accuracy and completeness of financial records.
It involves tasks like maintaining ledgers, reconciling accounts...
I applied via Walk-in and was interviewed in Jan 2024. There was 1 interview round.
I applied via LinkedIn and was interviewed in Sep 2023. There were 3 interview rounds.
posted on 5 Dec 2021
I applied via Naukri.com and was interviewed in Nov 2021. There were 3 interview rounds.
I applied via Indeed and was interviewed in Dec 2020. There were 4 interview rounds.
I applied via Walk-in and was interviewed in Feb 2024. There were 3 interview rounds.
The revenue recognition principle dictates when revenue should be recognized in financial statements.
Revenue should be recognized when it is earned, regardless of when cash is received.
Revenue is considered earned when goods or services are delivered or performed.
The amount of revenue recognized should be the fair value of the goods or services exchanged.
Revenue recognition can be complex, especially for long-term cont...
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