Khosla Electronics Account Assistant Interview Questions and Answers

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Q1. Name Ctc Expectation etc
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My name is John Doe, my current CTC is $50,000 and I am looking for a 10% increase in my salary.
• Name: John Doe

• Current CTC: $50,000

• Salary Expectation: 10% increase

• Experience: 5 years in accounts

• Skills: Proficient in financial analysis and budgeting
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In aptitude test, there was the journal entries

Q1. Interview with boss for final assessment
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Q2. Are you comfortable with this location
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Q3. Are you satisfy with the company rules and regulations
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Q4. How many years will you work in this company
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Q1. Job related , qualification, salary
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Q1. Brief Discussion on the previous Company Profile? How will you handle ASIAN stakeholders? Explain in Short 5 IFRS most relevant to Philips? Explain Due diligence? What are internal Controls and how are the...read more
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Q2. Flexibility of working hours, General questions about the handling work for different stake holders
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Q1. Tell me about yourself
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Q1. Accounts payable entries
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Q2. Taxation entries
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Q1. Tell about Account payables
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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 a company owes for goods or services received but not yet paid for.

• Accounts payable is typically recorded when an invoice is received from a supplier.

• It is an important aspect of managing a company's cash flow ...read more
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Q2. What is fixed Assets
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Fixed assets are long-term tangible assets that are used in the production of goods or services and are not intended for sale.
• Fixed assets are physical assets like buildings, machinery, vehicles, and equipment.

• They are used by a company for more than one accounting period.

• Fixed assets are not intended for sale in the normal course of business.

• They are recorded on the balance sheet at their original cost minus accumulat...read more
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Q3. How to capitalise you plant
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To capitalise a plant, you can allocate costs associated with acquiring, constructing, or improving the plant as assets on the balance sheet.
• Determine the cost of the plant, including purchase price, installation costs, and any other costs directly related to getting the plant ready for use.

• Record the plant as a fixed asset on the balance sheet, categorising it appropriately based on its useful life and depreciation me...read more
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