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I applied via Recruitment Consulltant and was interviewed before May 2023. There was 1 interview round.
Journal entry for credit sale involves debiting accounts receivable and crediting sales revenue.
Debit accounts receivable to increase the amount owed by customers
Credit sales revenue to record the revenue earned from the sale
Example: Debit Accounts Receivable $1,000, Credit Sales Revenue $1,000
Credit period is the duration for which a buyer is allowed to pay for goods or services purchased on credit.
Credit period is the time frame within which a buyer must settle their outstanding balance with the seller.
It is agreed upon by both parties and typically ranges from 30 to 90 days.
Extending credit period can be a strategy to attract more customers or maintain good relationships with existing ones.
Working in accounting involves managing financial records, analyzing data, preparing reports, and ensuring compliance with regulations.
Maintaining accurate financial records
Analyzing financial data to identify trends and make recommendations
Preparing financial statements and reports
Ensuring compliance with tax laws and regulations
Communicating financial information to stakeholders
I applied via Campus Placement and was interviewed in Mar 2023. There was 1 interview round.
I applied via Approached by Company and was interviewed before Feb 2023. There were 2 interview rounds.
I applied via Naukri.com and was interviewed in Oct 2021. There was 1 interview round.
I applied via Referral and was interviewed before Jun 2021. There were 3 interview rounds.
I applied via Naukri.com and was interviewed before Jul 2021. There were 2 interview rounds.
I applied via Campus Placement and was interviewed before Oct 2020. There were 3 interview rounds.
I applied via Campus Placement and was interviewed before May 2021. There were 3 interview rounds.
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based on 1 interview
Interview experience
Senior Buyer
4
salaries
| ₹0 L/yr - ₹0 L/yr |
Assistant Coordinator
3
salaries
| ₹0 L/yr - ₹0 L/yr |
Big Bazaar
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Spencer's Retail