Polaris Accountant Interview Questions and Answers for Freshers

Q1. Nilesh Nahata sir
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Q2. Silk and expression
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Q3. And knowledge with my accountant realted
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Q4. Experience in workrealted
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Q5. And knowledge in accountant skils
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Q6. Communication and body language
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Q7. Knowledge in work process
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Costing and factory work

The CEO of the company comes to us and give us to discuss in group

The CEO gave us a assignment to clear the installment files

Q1. About balance sheet
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Q2. About profit and loss
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Q1. About balance sheet
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Q1. Regarding p&l account
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Q2. Journal entries of reconciliation
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Journal entries of reconciliation involve adjusting entries to ensure the balance in the general ledger matches the bank statement.
• Reconciliation involves comparing the transactions in the bank statement with those in the general ledger.

• Adjusting entries are made to correct any discrepancies between the two records.

• Common adjusting entries include recording bank fees, interest income, outstanding checks, and deposits i...read more
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Q1. Basic details of mine
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Q2. Reason for joining the volvo
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Q1. What is Balance sheet?
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Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• It provides a snapshot of a company's financial position.

• Assets are listed on one side, liabilities and shareholders' equity on the other.

• The balance sheet equation is Assets = Liabilities + Shareholders' Equity.

• Example: If a company has $100 in assets, $60 in liabilities, and $40 in s...read more
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Q2. Difference between the Debit and Credit ?
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Debit increases assets and expenses, while credit increases liabilities, equity, and revenue.
• Debit is on the left side of an accounting entry, while credit is on the right side.

• Debit increases assets and expenses, while credit increases liabilities, equity, and revenue.

• Debit balance is positive, while credit balance is negative.

• Debit is abbreviated as 'Dr' and credit as 'Cr'.
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Q3. Tell me about yourself?
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Experienced accountant with a strong background in financial analysis and reporting.
• Over 5 years of experience in accounting roles

• Proficient in financial statement preparation and analysis

• Skilled in budgeting and forecasting

• Strong attention to detail and accuracy

• Excellent communication and interpersonal skills
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Q4. Tell me about your internship experience?
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I completed a 6-month internship at a CPA firm where I gained hands-on experience in financial analysis and reporting.
• Assisted in preparing financial statements and reports

• Conducted audits and reconciliations

• Utilized accounting software such as QuickBooks

• Collaborated with team members on various projects
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Q5. Tell me about MS Excel, vlookup, how to use?
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MS Excel is a spreadsheet program used for data analysis and organization. VLOOKUP is a function used to search for a value in a table.
• MS Excel is a powerful tool for organizing and analyzing data

• VLOOKUP is a function in Excel used to search for a value in a table and return a corresponding value

• To use VLOOKUP, you need to specify the value to search for, the range to search in, the column index to return the value fro...read more
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Q1. Know about gd&t and application
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Q2. What is your responsibility to current organization
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Q1. Why VE commercial?
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VE Commercial is a reputable company known for its innovative products and strong commitment to customer satisfaction.
• VE Commercial has a strong reputation in the industry for quality products

• The company is known for its innovative solutions and cutting-edge technology

• VE Commercial has a strong focus on customer satisfaction and building long-term relationships

• The company offers opportunities for growth and development
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Q2. Strengths and weakness
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Q1. Difference between BS IV & BS VII
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BS IV and BS VI are emission norms set by the government to regulate the amount of pollutants released by vehicles.
• BS IV (Bharat Stage IV) is the emission standard set by the government in 2010, while BS VI (Bharat Stage VI) is the latest and more stringent emission standard introduced in 2020.

• BS IV vehicles are allowed to emit higher levels of pollutants compared to BS VI vehicles.

• BS VI compliant vehicles use advanced...read more
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Q2. All basics related Automobile
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