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I applied via Company Website and was interviewed in Sep 2024. There were 7 interview rounds.
Employment business to the client confirming
Assignment including ant programs
Correspondence between the company
Clarifies the details of an assignment
Communicate the association
Position or post calling for specified duties to which an employee is assigned for a definite or indefinite period of time but which has not been designated as a work classification.
Accounts refer to the records of financial transactions of a business or organization.
Accounts are used to track income, expenses, assets, and liabilities.
They help in analyzing the financial health of a company.
Examples of accounts include cash, accounts receivable, inventory, and accounts payable.
Payable and receivable refer to amounts owed by a company (payable) and amounts owed to a company (receivable).
Payable refers to money owed by a company to its suppliers or vendors
Receivable refers to money owed to a company by its customers or clients
Payable and receivable are recorded on a company's balance sheet
Examples: Accounts payable, accounts receivable
TDS stands for Tax Deducted at Source, which is a system where tax is deducted by the payer at the time of making payment.
TDS is a form of advance tax which ensures that the government receives tax revenue in advance.
It is applicable to various payments such as salary, interest, commission, rent, etc.
The deducted TDS amount is then deposited with the government on behalf of the recipient.
TDS rates vary depending on the...
Tally is a software used for accounting and financial management.
Tally is used for recording financial transactions.
It helps in managing accounts, generating reports, and analyzing data.
Tally is commonly used by businesses for bookkeeping and tax compliance.
It can also be used for inventory management and payroll processing.
Tally skills refer to proficiency in using Tally software for accounting purposes.
Tally skills involve knowledge of creating and managing accounts, generating financial reports, and performing audits.
Proficiency in data entry, reconciliation, and inventory management using Tally is essential.
Examples of Tally skills include creating ledgers, recording transactions, and generating balance sheets.
Knowledge of shortcuts a...
I applied via Walk-in and was interviewed in May 2024. There were 3 interview rounds.
There are three main types of financial statements: balance sheet, income statement, and cash flow statement.
Balance sheet shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
Income statement shows a company's revenues, expenses, and profits over a period of time.
Cash flow statement shows how changes in balance sheet and income statement affect cash and cash equivalents.
Trial balance is a list of all ledger accounts with their closing balances, while balance sheet is a financial statement showing assets, liabilities, and equity at a specific point in time.
Trial balance is an internal document used to ensure the debits and credits are equal before preparing financial statements.
Balance sheet is a financial statement that shows the company's financial position at a specific point in tim...
Journal entry for prepaid expenses involves debiting an asset account and crediting a prepaid expense account.
Prepaid expenses are expenses paid in advance but not yet incurred.
To record prepaid expenses, debit the Prepaid Expense account and credit the Cash/Bank account.
As the prepaid expense is incurred, it is transferred from the Prepaid Expense account to the Expense account.
Example: Payment of insurance premium in...
Journal entry for purchase return involves debiting accounts payable and crediting inventory account.
Debit accounts payable to reduce liability
Credit inventory account to reduce inventory on hand
Example: Debit Accounts Payable $500, Credit Inventory $500
I applied via campus placement at Christ University, Bangalore and was interviewed in Aug 2024. There was 1 interview round.
Journal entry for prepaid expenses involves debiting Prepaid Expense account and crediting Cash or Bank account.
Debit Prepaid Expense account to record the expense paid in advance
Credit Cash or Bank account to show the decrease in cash due to prepayment
Prepaid expenses are considered assets until they are used up or expire
Example: Journal entry for prepaid rent - Debit Prepaid Rent, Credit Cash/Bank
Bank reconciliation is the process of comparing a company's records with those of its bank to ensure they match.
Bank reconciliation involves comparing the company's records of its financial transactions with the bank's records.
It helps identify any discrepancies such as missing transactions, errors, or fraudulent activity.
The process involves adjusting the company's records to match the bank's records by reconciling an...
I applied via Walk-in and was interviewed in Oct 2024. There were 3 interview rounds.
Accounting Questions
I applied via Walk-in and was interviewed in Oct 2024. There was 1 interview round.
Bachelor's degree in Accounting from XYZ University
Graduated with honors
Completed coursework in financial accounting, managerial accounting, auditing, and taxation
Participated in internship at a local accounting firm
Completed a senior thesis on the impact of tax reform on small businesses
TCS company in my lively company and this company is top company I work to top company in my life
3 company in 2 year experience in auto mobile company
Father is farmer and mother house wife
Reserve is set aside for specific purposes, while provision is set aside for potential future expenses.
Reserve is a part of profits retained by a company for specific purposes, such as expansion or dividends.
Provision is an amount set aside to cover a probable future expense, such as bad debts or legal claims.
Reserve is not a liability, while provision is a liability on the balance sheet.
Reserve is voluntary, while pro...
Tangible assets are physical assets that can be touched and seen, while intangible assets are non-physical assets like intellectual property or brand recognition.
Tangible assets have a physical form, such as buildings, machinery, or inventory.
Intangible assets lack physical substance, such as patents, trademarks, or goodwill.
Tangible assets are typically easier to value and sell compared to intangible assets.
Intangible...
I applied via Campus Placement and was interviewed in Nov 2023. There were 7 interview rounds.
We are about the question
How many companies are you working
Availability of course in company
Describing a situation where you had to resolve a discrepancy in financial records
Identify the source of the discrepancy
Review all relevant financial documents
Communicate with relevant parties to gather information
Reconcile the accounts to find the root cause of the discrepancy
Implement corrective measures to prevent future discrepancies
Allow the group discussion in the market
HR & Administration Executive
3
salaries
| ₹2.4 L/yr - ₹3.5 L/yr |
TCS
Accenture
Infosys
Wipro