Razorpay Associate Interview Questions and Answers

Debit and credit are accounting terms used to record financial transactions. Journal entries are the detailed records of these transactions. Bookkeeping involves organizing and maintaining financial records. Cash flows track the movement of money in and out of a business. Manual payouts routine wise refer to the process of making payments manually according to a set procedure.

• Debit and credit are used to record increas...read more

Accounting standards are guidelines and rules set by regulatory bodies to ensure consistency and transparency in financial reporting.

• Accounting standards dictate how financial transactions should be recorded, reported, and disclosed in financial statements.

• They help ensure comparability between different companies' financial statements.

• Examples of accounting standards include GAAP (Generally Accepted Accounting Princip...read more

I have experience working in various companies across different industries.

• Worked in a tech startup where I gained experience in fast-paced environment

• Transitioned to a large corporation where I learned about corporate structure and processes

• Spent time in a non-profit organization where I developed skills in community engagement