Kido Enterprises Finance Intern Interview Questions and Answers

Accounting principles and concepts

Q1. Reconciliation of accounts?
Ans. 
Reconciliation of accounts involves comparing financial records to ensure they are accurate and in agreement.
• Reconciliation involves matching transactions in a company's accounting records with those in bank statements.

• It helps identify discrepancies, errors, or fraud in financial records.

• Common types of reconciliations include bank reconciliation, accounts receivable reconciliation, and accounts payable reconciliation...read more
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