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I applied via Walk-in and was interviewed before Jan 2020. There were 4 interview rounds.
Trial balance is used to ensure that the total debits equal the total credits in the accounting records.
Helps in detecting errors in the accounting records
Ensures accuracy of financial statements
Assists in preparing financial statements
Used to identify adjusting entries
Provides a summary of all ledger accounts
Example: If the trial balance shows a difference, it indicates that there is an error in the accounting records
I applied via Job Fair and was interviewed in Oct 2021. There were 2 interview rounds.
There are various accounting systems used by businesses to manage their financial transactions.
Some common accounting systems include QuickBooks, Xero, and Sage.
These systems help businesses track income and expenses, generate financial reports, and manage payroll.
Accounting systems can be cloud-based or installed on a local computer.
They can also be customized to fit the specific needs of a business.
Choosing the right...
I applied via Naukri.com and was interviewed in Sep 2021. There was 1 interview round.
I applied via AngelList and was interviewed in Aug 2022. There were 2 interview rounds.
There are several types of accountants, including public accountants, management accountants, government accountants, and internal auditors.
Public accountants work for accounting firms and provide services to clients such as tax preparation and financial statement audits.
Management accountants work for companies and provide financial analysis and advice to help with decision-making.
Government accountants work for feder...
MS Office Word and Excel are software applications used for word processing and spreadsheet management respectively.
MS Office Word is used for creating and editing documents such as letters, reports, and resumes.
MS Office Excel is used for managing and analyzing data in spreadsheets.
Both applications are commonly used in business and academic settings.
They offer a wide range of features and tools to enhance productivit...
A financial statement that shows a company's assets, liabilities, and equity at a specific point in time.
Balancesheet is a snapshot of a company's financial position at a specific date.
It shows the company's assets, liabilities, and equity.
Assets are what the company owns, liabilities are what the company owes, and equity is the difference between the two.
The balancesheet follows the accounting equation: Assets = Liabi...
Cash flow statement is a financial statement that shows the inflow and outflow of cash in a business over a period of time.
It shows the sources of cash and how it was used.
It helps in analyzing the liquidity and solvency of a business.
It is divided into three sections: operating, investing, and financing activities.
Example: If a company has a positive cash flow from operating activities, it means that the company is ge...
Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence or other factors.
Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet.
It is calculated based on the useful life of the asset and the method of depreciation chosen.
Examples of assets that can be depreciated include buildings, vehicles, machinery, and equipment.
Depreciation can be straight-...
I applied via Company Website and was interviewed in Jul 2022. There were 2 interview rounds.
I applied via Company Website and was interviewed in Dec 2021. There were 2 interview rounds.
Two sections appitude in English
I applied via Naukri.com and was interviewed in Jun 2022. There were 2 interview rounds.
I applied via Walk-in and was interviewed in Mar 2022. There were 2 interview rounds.
This Group Discussion on Commerce
TCS
Accenture
Wipro
Cognizant