Saburi Panels Accountant Interview Questions and Answers

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.

Q1. What is tha accounts?
Ans. 
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.
Answered by AI
Add your answer
Q2. What is tha payable and receivable
Ans. 
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
Answered by AI
Add your answer
Q3. What is TDS ?
Ans. 
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...read more
Answered by AI
Add your answer
Q4. What is tally used for ?
Ans. 
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.
Answered by AI
Add your answer
Q5. What is tally skills?
Ans. 
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...read more
Answered by AI
Add your answer

Q1. Self introduction
Add your answer
Q2. Why do you left your previous company
Add your answer

Q1. How many types of financial statements
Ans. 
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.
Answered by AI
View 1 more amswer
Q2. Difference between trial balance and balance sheet
Ans. 
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...read more
Answered by AI
View 1 more amswer

Q1. Journal entry for prepaid expenses
Ans. 
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...read more
Answered by AI
Add your answer
Q2. Journal entry for purchase return
Ans. 
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
Answered by AI
Add your answer

Q1. Journal entry for prepaid expenses
Ans. 
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
Answered by AI
Add your answer
Q2. What is bank reconciliation
Ans. 
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...read more
Answered by AI
Add your answer

Q1. About your self
Add your answer
Q2. Your highest study
Ans. 
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
Answered by AI
Add your answer
Q3. Why you working in tcs company
Ans. 
TCS company in my lively company and this company is top company I work to top company in my life
Answered Anonymously
Add your answer
Q4. Experience and how many company experience in how year
Ans. 
3 company in 2 year experience in auto mobile company
Answered Anonymously
Add your answer
Q5. Family back ground asked
Ans. 
Father is farmer and mother house wife
Answered Anonymously
Add your answer

Q1. Tell me about your self
Add your answer
Q2. What role in your privious job
Add your answer

Q1. Different between reserve and provision
Ans. 
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...read more
Answered by AI
Add your answer
Q2. Different between tangible and intangible
Ans. 
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...read more
Answered by AI
Add your answer

Q1. AAAAA BB fdf dfjkdfji dkjfkd ldjfld
Add your answer
Q2. Skdjkjmd dwlhfdohfld lnofne f l
Add your answer

We are about the question

How many companies are you working

Availability of course in company

Q1. Technical features of your company
Add your answer
Q2. How many more than years in company managing
Add your answer
Q3. Any technical support Engineer at jobs in the market
Add your answer
Q4. Technical support billing for your caring
Add your answer
Q5. How do you have any situation for all members
Add your answer
Q6. Any idea about the question
Add your answer
Q7. Description any situation
Ans. 
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
Answered by AI
Add your answer

Q1. Only for now you job application for made
Add your answer
Q2. Internet connection for your leaving this company
Add your answer
Q3. Your experience for job application
Add your answer
Q4. Accountant experience for a job
Add your answer
Q5. How many years of experiene
Add your answer
Q6. Any situation for your leaving this job
Add your answer
Q7. What topic and course in
Add your answer

Q1. Any members of your company managing her
Add your answer
Q2. How many people are their company
Add your answer
Q3. Whole members are group discussion of company
Add your answer
Q4. Add any situation for your leaving
Add your answer
Q5. All inclusive person are the company
Add your answer
Q6. Any idea for company managing director
Add your answer
Q7. Profile and losses are their any situation for all members will give for strength
Add your answer

Allow the group discussion in the market