Maersk Senior Accountant Interview Questions and Answers

First introduce everyone then discuss on social media for 10 minutes.

Q1. Okay tell me about yourself and working experience.
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Q1. Basic accounting rules
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Q2. Are you able to do Manual entries
Ans. 
Yes, I am able to do manual entries in accounting.
• I have experience in manually entering financial transactions into accounting software.

• I am familiar with journal entries, adjusting entries, and other manual accounting processes.

• I can accurately input data into spreadsheets or ledgers for record-keeping purposes.
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Q1. What is the accounting
Ans. 
Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.
• Accounting involves recording financial transactions

• It classifies transactions into categories such as assets, liabilities, and equity

• It summarizes the transactions in financial statements such as balance sheets and income statements

• Accounting provides informatio...read more
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Q2. What is the sale or purchase
Ans. 
Sale or purchase refers to the exchange of goods or services for money or other valuable consideration.
• Sale is the transfer of ownership of goods or services from the seller to the buyer in exchange for money or other valuable consideration.

• Purchase is the acquisition of goods or services by paying money or other valuable consideration to the seller.

• Examples of sale include selling a car, a house, or a product in a sto...read more
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Q3. What is the Good & service tax
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Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services.
• GST is a single tax that replaced multiple indirect taxes in India

• It is a destination-based tax, meaning the tax is collected where the goods or services are consumed

• GST has 4 tax slabs - 5%, 12%, 18%, and 28%

• It has simplified the tax structure and made compliance easier for businesses
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