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Mangalam Landmarks
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Mangalam Landmarks Junior Accounts Assistant Interview Questions and Answers
Mangalam Landmarks Junior Accounts Assistant Interview Experiences
1 interview found
Prashant Sinalkar
(2 Questions)
- Q1. Salary Expectations
- Q2. Past Experience
(2 Questions)
- Q1. Types of Ratios
- Ans.
Ratios are used to analyze the financial health of a company by comparing different financial metrics.
Types of ratios include liquidity ratios, profitability ratios, efficiency ratios, and solvency ratios.
Liquidity ratios measure a company's ability to meet short-term obligations (e.g. current ratio, quick ratio).
Profitability ratios assess a company's ability to generate profit (e.g. return on equity, gross margin).
Ef...
- Q2. How to Pass Journal Entry in case of Advertising
- Ans.
To pass a journal entry for advertising expenses, debit the advertising expense account and credit the cash or accounts payable account.
Debit the advertising expense account to increase expenses
Credit the cash or accounts payable account to decrease assets or liabilities
Example: Debit Advertising Expense $500, Credit Cash $500
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