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The golden rule of accounting states that debits must equal credits in every financial transaction.
The golden rule of accounting is also known as the double-entry accounting system.
It ensures that the accounting equation (Assets = Liabilities + Equity) remains balanced.
Debits increase assets and expenses, while credits increase liabilities, revenues, and equity.
For example, when a company receives cash from a customer,...
The types of financial statements include income statement, balance sheet, cash flow statement, and statement of changes in equity.
Income statement: Shows a company's revenues and expenses over a specific period of time.
Balance sheet: Provides a snapshot of a company's financial position at a specific point in time, including assets, liabilities, and equity.
Cash flow statement: Details the cash inflows and outflows of ...
I applied via Job Fair and was interviewed in Sep 2023. There were 2 interview rounds.
I applied via Company Website and was interviewed before Mar 2023. There was 1 interview round.
I applied via Naukri.com and was interviewed in Oct 2022. There were 3 interview rounds.
Basic Questions asked related to mathematics, GK, probability, statistics and English
Short term goal is to learn new skills and contribute to the company. Long term goal is to become a team leader.
Short term goal: Learn new skills and contribute to the company
Long term goal: Become a team leader
Examples: Attend training sessions, take on new projects, collaborate with colleagues
Examples: Develop leadership skills, mentor junior team members, lead projects
I was interviewed before Aug 2022.
I applied via LinkedIn and was interviewed in Feb 2024. There was 1 interview round.
I applied via Job Fair
I approach problems by breaking them down into smaller parts and finding practical solutions.
Identify the problem and its root cause
Brainstorm possible solutions
Evaluate the pros and cons of each solution
Choose the best solution and implement it
Monitor the results and make adjustments as needed
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