PC Jewellers Account Assistant Interview Questions and Answers

Golden rules of accounting are basic principles that guide the process of recording financial transactions.

• There are three golden rules of accounting: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit expenses and losses, Credit income and gains.

• These rules help ensure that financial transactions are accurately recorded and classified.

• For example, when a company receives cash from a...read more

Golden rules of accounting are basic principles that guide the process of recording financial transactions.

• There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

• These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.

• For example, when a com...read more

The golden rules of accounting are basic principles that guide the process of recording financial transactions.

• The three golden rules are: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

• These rules ensure that the accounting equation (Assets = Liabilities + Equity) remains balanced.

• For example, when a company receives cash from a custo...read more

Rules of accounting are the guidelines and principles that govern the preparation of financial statements.

• Accounting equation must always be in balance: Assets = Liabilities + Equity

• Revenue recognition principle: Revenue should be recognized when it is earned, not when cash is received

• Matching principle: Expenses should be matched with revenues in the period they are incurred

• Conservatism principle: Be conservative in r...read more

I have 8 years of experience as an Accounts Manager.

• I have been working as an Accounts Manager for the past 8 years.

• I have gained extensive experience in managing financial accounts and overseeing financial operations.

• During my tenure, I have successfully implemented cost-saving measures and improved financial processes.

• I have also trained and mentored junior accountants, ensuring their professional growth.

• My experienc...read more

I reported to the Finance Director in my previous company.

• Reported directly to the Finance Director

• Worked closely with the Finance team

• Provided regular financial reports and updates to the Finance Director

• Collaborated with other departments to ensure accurate financial information

I have extensive experience as an Accounts Manager with a strong knowledge of financial management and reporting.

• Managed all aspects of financial operations, including budgeting, forecasting, and financial analysis.

• Developed and implemented financial policies and procedures to ensure compliance with regulations.

• Led a team of accountants and supervised day-to-day accounting activities.

• Prepared and presented financial re...read more

There is no known meaning for the acronym fbpb.

• There is no context provided for the acronym fbpb, making it impossible to determine its meaning.

• It is important to provide context when using acronyms to avoid confusion.

• If the acronym fbpb is specific to a certain industry or organization, it may have a unique meaning within that context.