Sewells MSXI Vice Principal Interview Questions and Answers

Q1. About balance sheet
Add your answer
Q2. About profit and loss
Add your answer

Q1. About balance sheet
Add your answer

Q1. What is Balance sheet?
Ans. 
Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• It provides a snapshot of a company's financial position.

• Assets are listed on one side, liabilities and shareholders' equity on the other.

• The balance sheet equation is Assets = Liabilities + Shareholders' Equity.

• Example: If a company has $100 in assets, $60 in liabilities, and $40 in s...read more
Answered by AI
View 1 more answer
Q2. Difference between the Debit and Credit ?
Ans. 
Debit increases assets and expenses, while credit increases liabilities, equity, and revenue.
• Debit is on the left side of an accounting entry, while credit is on the right side.

• Debit increases assets and expenses, while credit increases liabilities, equity, and revenue.

• Debit balance is positive, while credit balance is negative.

• Debit is abbreviated as 'Dr' and credit as 'Cr'.
Answered by AI
Add your answer
Q3. Tell me about yourself?
Ans. 
Experienced accountant with a strong background in financial analysis and reporting.
• Over 5 years of experience in accounting roles

• Proficient in financial statement preparation and analysis

• Skilled in budgeting and forecasting

• Strong attention to detail and accuracy

• Excellent communication and interpersonal skills
Answered by AI
Add your answer
Q4. Tell me about your internship experience?
Ans. 
I completed a 6-month internship at a CPA firm where I gained hands-on experience in financial analysis and reporting.
• Assisted in preparing financial statements and reports

• Conducted audits and reconciliations

• Utilized accounting software such as QuickBooks

• Collaborated with team members on various projects
Answered by AI
Add your answer
Q5. Tell me about MS Excel, vlookup, how to use?
Ans. 
MS Excel is a spreadsheet program used for data analysis and organization. VLOOKUP is a function used to search for a value in a table.
• MS Excel is a powerful tool for organizing and analyzing data

• VLOOKUP is a function in Excel used to search for a value in a table and return a corresponding value

• To use VLOOKUP, you need to specify the value to search for, the range to search in, the column index to return the value fro...read more
Answered by AI
Add your answer

Q1. Nilesh Nahata sir
Add your answer
Q2. Silk and expression
Add your answer
Q3. And knowledge with my accountant realted
Add your answer
Q4. Experience in workrealted
Add your answer
Q5. And knowledge in accountant skils
Add your answer
Q6. Communication and body language
Add your answer
Q7. Knowledge in work process
Add your answer

Costing and factory work

The CEO of the company comes to us and give us to discuss in group

The CEO gave us a assignment to clear the installment files

It's confidential!