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Recording the purchase of a pen involves a journal entry reflecting the transaction in accounting records.
Identify the accounts involved: 'Office Supplies' and 'Cash' or 'Accounts Payable'.
Determine the cost of the pen, e.g., $2.00.
Debit 'Office Supplies' for $2.00 to increase assets.
Credit 'Cash' or 'Accounts Payable' for $2.00 to decrease cash or increase liabilities.
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I applied via Walk-in and was interviewed before May 2021. There were 2 interview rounds.
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I applied via Walk-in and was interviewed before Apr 2020. There were 3 interview rounds.
EBIDTA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization.
EBIDTA is a financial metric used to assess a company's operating performance.
It measures a company's profitability before accounting for interest, taxes, depreciation, and amortization expenses.
EBIDTA is often used by investors and analysts to compare the financial performance of different companies.
It helps in evaluating a company's abi...
The ideal debt equity ratio depends on the industry and company's risk tolerance.
The debt equity ratio measures the proportion of debt and equity used to finance a company's assets.
A lower debt equity ratio indicates a more conservative financial structure, while a higher ratio suggests higher financial risk.
The ideal ratio varies across industries and depends on factors such as stability, growth prospects, and cash fl...
An ideal balance sheet should accurately reflect the financial position of a company and provide relevant information to stakeholders.
An ideal balance sheet should be prepared in accordance with accounting standards and regulations.
It should present a true and fair view of the company's assets, liabilities, and equity.
The balance sheet should be well-organized and easy to understand.
It should include all relevant finan...
I applied via Job Portal and was interviewed before Dec 2019. There were 3 interview rounds.
I applied via Hirect and was interviewed in Jun 2022. There were 3 interview rounds.
General English and Mathematics
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I applied via Walk-in and was interviewed in Nov 2021. There was 1 interview round.
I applied via Referral and was interviewed in Sep 2020. There were 3 interview rounds.
I applied via LinkedIn and was interviewed before Nov 2023. There was 1 interview round.
A general scenario is a common situation or setting that can be applied to various contexts.
General scenarios help to provide a framework for understanding different situations
They can be used in problem-solving, decision-making, and planning
Examples include a job interview, a classroom setting, or a family gathering
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