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I applied via Naukri.com and was interviewed in May 2023. There were 4 interview rounds.
I have 3 years of experience in finance and accounts, including roles in budgeting, financial analysis, and reporting.
Managed budgeting process for a team of 50 employees
Conducted financial analysis to identify cost-saving opportunities
Prepared monthly financial reports for senior management
Collaborated with external auditors during annual audits
Journal entry with GST involves recording transactions related to goods and services tax.
Debit the receivable/payable account for the net amount excluding GST
Credit the GST payable/receivable account for the GST amount
Credit the revenue/expense account for the total amount including GST
Example: Debit Accounts Receivable $1,000, Credit GST Payable $100, Credit Sales $1,100
based on 1 interview
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