Puerto Life Sciences Production Officer Interview Questions and Answers

Q1. Tell me about yourself.
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Aptitude and reasoning

Face to face

Q1. Tell Mee about your self What are your strength What is java
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Reasoning,General knowledge

Q1. Golden rules of accounts
Ans. 
Golden rules of accounts are basic principles that guide the recording of financial transactions.
• Debit what comes in, credit what goes out

• Debit the receiver, credit the giver

• Debit expenses and losses, credit income and gains
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Q2. Accounts Receivable Accounts Payable
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Q1. Tell me about Debit credit golden rules
Ans. 
Debit credit golden rules are principles that guide the recording of financial transactions in accounting.
• Debit the receiver, credit the giver: When an asset is received, it is debited, and when an asset is given, it is credited.

• Debit what comes in, credit what goes out: When there is an increase in assets, it is debited, and when there is a decrease in assets, it is credited.

• Debit expenses and losses, credit income an...read more
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Q2. Tell me Purchases comes under which account , Purchase returns like wise Sales account and Sales Returns account
Ans. Purchases shows-Debit balance & Purchase Returns credit balance simultaneously Sales - Credit balance & Sales Returns- Debit balance.
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Q1. Are you comfortable to relocate to Vizag
Ans. Yes, As its my home town I am comfortable to relocate to vizag
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Prepare your excel well especially sumifs and countifs

Q1. Detailed explaination about the P&L structure
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Q2. Accruals and deferred journal enteries
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Q1. Process to pay cycle
Ans. 
The process to pay cycle involves the steps taken to initiate, authorize, and complete a payment.
• The process begins with the initiation of a payment request.

• The request is then authorized by the appropriate parties.

• Once authorized, the payment is processed and completed.

• The cycle may involve multiple steps and parties depending on the payment method and system used.

• Examples include electronic fund transfers, credit car
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Q2. Reconciliation and query
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Reasoning