Tally Solutions Financial Accountant Interview Questions and Answers

Q1. Self introduction
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Q2. Online communication
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Q3. Artificial intelligence
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Q1. Accounts golden rules
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Q1. What you do ?
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Q1. Self intro What is Account's What is Ar and AP Where u want to see after 5 years
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I am an accountant with knowledge of AR and AP. I have a vision for my career growth.
• Accounting involves recording, classifying, and summarizing financial transactions.

• AR (Accounts Receivable) is the amount of money owed to a company by its customers for goods or services provided.

• AP (Accounts Payable) is the amount of money a company owes to its suppliers for goods or services received.

• In 5 years, I see myself as a se...read more
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Q1. Balance sheet reco.
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Q1. Golden rules of account
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The golden rules of accounting are basic principles that guide the process of recording financial transactions.
• The golden rules include: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

• These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.

• For example, when a company receives ...read more
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Q1. They asked about basic of accounting
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Q2. Journal entry about sales andpurchase
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Journal entry for sales and purchases
• Sales journal entry involves debiting accounts receivable or cash and crediting sales revenue

• Purchase journal entry involves debiting purchases or inventory and crediting accounts payable

• Both entries impact the income statement and balance sheet
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