Reliance Retail Junior Accountant Interview Questions and Answers

The golden rules of accounting are basic principles that guide the recording of financial transactions.

• The first golden rule is the Personal Account rule, which states that debit the receiver and credit the giver.

• The second golden rule is the Real Account rule, which states that debit what comes in and credit what goes out.

• The third golden rule is the Nominal Account rule, which states that debit all expenses and losse

Debtor and creditor are accounting terms used to describe the relationship between two parties in a financial transaction.

• A debtor is a person or entity that owes money to another party.

• A creditor is a person or entity to whom money is owed by another party.

• Debtors are recorded as liabilities on the balance sheet, while creditors are recorded as assets.

• Examples of debtors include customers who have not yet paid for goo...read more

I want to join Croma because of its reputation and growth opportunities. To sell Croma brand and others, I will focus on understanding customer needs and providing personalized solutions.

• Croma has a strong brand reputation and is a leader in the electronics retail industry

• I am excited about the growth opportunities and potential for career advancement at Croma

• To sell Croma brand and others, I will focus on building rel...read more

I have a Bachelor's degree in Business Administration with a focus on Marketing.

• Bachelor's degree in Business Administration

• Focus on Marketing

• Relevant coursework in sales and marketing strategies

• Internship experience in sales and customer relations

I am currently staying in New York City.

• I am currently residing in the heart of Manhattan.

• I have been living in New York City for the past two years.

• I enjoy the vibrant culture and opportunities that the city offers.

The portfolio I managed had an average business of $2 million per year.

• The portfolio I managed had a consistent flow of business throughout the year.

• I was responsible for maintaining and growing the portfolio's business.

• I regularly analyzed the portfolio's performance and made adjustments as needed.

• I worked closely with clients to understand their needs and provide solutions.

• Examples of businesses in my portfolio inclu