Filter interviews by
I applied via Walk-in and was interviewed in Oct 2023. There were 2 interview rounds.
Cheque is a written order to pay a specific amount to a specific person, while a Demand Draft is a prepaid instrument where the bank guarantees payment.
Cheque is drawn by an individual to pay a specific amount to a specific person, while a Demand Draft is issued by a bank on behalf of a customer.
Cheque can bounce if there are insufficient funds in the account, but a Demand Draft is prepaid and guaranteed by the bank.
Ch...
Journal entry for prepaid and accrued expenses
Prepaid expense journal entry: Debit Prepaid Expense, Credit Cash/Bank
Accrued expense journal entry: Debit Expense, Credit Accrued Expense Liability
Example: Prepaid rent of $1,000 - Debit Prepaid Rent $1,000, Credit Cash $1,000
Example: Accrued salaries of $500 - Debit Salary Expense $500, Credit Accrued Salaries $500
Scenarios where book balance and bank balance will differ
Outstanding checks that have not cleared the bank yet
Deposits in transit that have not been recorded in the books yet
Bank fees or service charges not yet recorded in the books
Errors in recording transactions in either the books or the bank statement
Interest earned on the bank account not yet recorded in the books
Amortisation is for intangible assets, depreciation is for tangible assets, and depletion is for natural resources.
Amortisation is the process of spreading the cost of an intangible asset over its useful life.
Depreciation is the allocation of the cost of a tangible asset over its useful life.
Depletion is the allocation of the cost of natural resources over the period they are consumed or extracted.
Examples: Amortisatio...
20 random questions about accounting and Quick Books
I applied via Walk-in and was interviewed in May 2023. There were 3 interview rounds.
Top trending discussions
Numerical verbal abstracts and logical reasoning questions.
I applied via Naukri.com and was interviewed in Oct 2024. There were 3 interview rounds.
Implemented ad copy testing, keyword optimization, and landing page improvements to increase CTR and CVR.
Conducted A/B testing on ad copies to identify high-performing messaging
Optimized keywords to target relevant audience and improve ad relevance
Made improvements to landing pages to enhance user experience and increase conversions
posted on 26 Dec 2024
The cognizant company role refers to the responsibilities and duties assigned to a specific company or organization.
Cognizant company role includes managing financial transactions, preparing financial statements, and analyzing financial data.
It also involves ensuring compliance with accounting principles and regulations.
Examples of cognizant company roles include General Accountant, Financial Analyst, and Auditor.
This is not available this exam
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 owed by a company to its suppliers or vendors
It is typically recorded when goods or services are received but payment has not yet been made
Accounts payable is an important part of a company's working capital man
Bank reconciliation statement is a document that compares the bank's records with the company's records to ensure they match.
It is used to identify any discrepancies between the two sets of records.
It includes items such as deposits in transit, outstanding checks, bank errors, and service charges.
The goal is to ensure the accuracy of the company's financial records and the bank's records.
Once discrepancies are identifi...
I applied via Newspaper Ad and was interviewed in Aug 2024. There were 4 interview rounds.
The assignment involved the analysis the business problem and providing the detailed solution.
The group discussion focused on the topic. The impact of remote on productivity each participant was given two mintues to present the view follow by the open decision..
We were analysis the situation and identify the key issue
I am a detail-oriented and organized individual with a strong background in accounting and finance.
Bachelor's degree in Accounting
Experience with financial reporting and analysis
Proficient in using accounting software such as QuickBooks
Strong analytical skills and attention to detail
Excellent communication and interpersonal skills
I am passionate about finance and eager to learn from experienced professionals in this industry.
I am drawn to the company's reputation for excellence in financial management.
I am excited about the opportunity to work with a talented team and contribute to the company's success.
I believe this role will provide me with valuable experience and help me grow in my career.
In 5 years, I see myself as a senior Account Assistant, taking on more responsibilities and contributing to the growth of the company.
Continuing to excel in my role as an Account Assistant
Taking on leadership roles within the accounting department
Completing additional certifications or training to enhance my skills
Contributing to the company's financial success through strategic decision-making
Mentoring junior staff me
I am a detail-oriented and organized individual with a strong background in accounting and a proven track record of accuracy and efficiency.
I have a Bachelor's degree in Accounting and X years of experience in the field.
I am proficient in using accounting software such as QuickBooks and Excel.
I have a strong attention to detail and can ensure accurate financial records.
I am a team player and can effectively communicate...
I am motivated at work by the opportunity to learn and grow, the satisfaction of completing tasks successfully, and the positive impact I can make on the team and organization.
Opportunity to learn and grow
Satisfaction of completing tasks successfully
Positive impact on team and organization
Bad debt refers to money owed to a company that is unlikely to be paid by the debtor.
Bad debt is a financial loss for the company.
It is usually the result of customers who are unable or unwilling to pay their debts.
Companies often have to write off bad debts as uncollectible.
Bad debt can negatively impact a company's financial statements and cash flow.
Examples include unpaid invoices, defaulted loans, and overdue payme
Accounts refer to financial records that track the financial activities of a business or individual.
Accounts are used to record transactions such as income, expenses, assets, and liabilities.
They help in analyzing the financial health of an entity and making informed decisions.
Examples of accounts include cash account, accounts receivable, accounts payable, and equity accounts.
I was interviewed in Nov 2024.
I am a dedicated and experienced Executive Accountant with a strong background in financial management and strategic planning.
I have over 10 years of experience in accounting and finance
I have a proven track record of successfully managing budgets and financial reporting
I am skilled in financial analysis and forecasting
I have a strong understanding of GAAP and financial regulations
I have excellent communication and lea
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
Accounting involves recording financial transactions of a business.
Types of accounts include assets, liabilities, equity, revenue, and expenses.
Assets are resources owned by the business, like cash and inventory.
Liabilities are obligations of the business, such as loans and accounts payable.
Equity represen...
Interview experience
based on 2 reviews
Rating in categories
Senior Accountant
88
salaries
| ₹3 L/yr - ₹8 L/yr |
Staff Accountant
86
salaries
| ₹1.6 L/yr - ₹4.5 L/yr |
Senior Accounting Analyst
27
salaries
| ₹5.5 L/yr - ₹8.4 L/yr |
Accountant
25
salaries
| ₹2.3 L/yr - ₹4 L/yr |
Staff Accountant 1
19
salaries
| ₹2.2 L/yr - ₹3.8 L/yr |
Tech Mahindra
TCS
Wipro
Infosys