Tata Electronics Accountant Interview Questions, Process, and Tips

Q1. Whatis the TDS rate
Ans. 
TDS rate refers to the percentage of tax deducted at source on various incomes such as salary, interest, rent, etc.
• TDS rates vary depending on the type of income and the recipient's status

• For example, TDS rate on salary income can range from 5% to 30% based on the income slab

• TDS rate on interest income is usually 10% but can vary for different types of interest

• TDS rate on rent income is typically 10% for individuals an
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Q2. What is the joner entry of sale receive
Ans. 
The journal entry for sale received involves debiting the cash or accounts receivable account and crediting the sales revenue account.
• Debit the cash or accounts receivable account to reflect the increase in assets

• Credit the sales revenue account to record the revenue earned from the sale

• Ensure the journal entry follows the double-entry accounting system

• Example: Debit Cash $1,000, Credit Sales Revenue $1,000
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Q1. What is the current liabilities
Ans. 
Current liabilities are debts or obligations that are due within one year.
• Current liabilities are typically found on the balance sheet and include items such as accounts payable, short-term loans, and accrued expenses.

• They represent the company's obligations that must be settled within a year.

• Examples of current liabilities include salaries payable, income taxes payable, and short-term borrowings.

• Monitoring current lia...read more
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Q2. What is meaing of assets
Ans. 
Assets are resources owned by a company that have economic value and can be used to generate future revenue.
• Assets are resources owned by a company

• They have economic value

• Assets can be used to generate future revenue

• Examples include cash, inventory, equipment, and investments
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It is an interesting i improve my knowledge and than lot of experience in interview

Q1. Teel me your self
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Q2. What is your streanth
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About Accounts
GST
Financial accounting
Management accounting

Q1. Self introduction
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Q2. Accounting and GST taxation
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Q3. Internship details
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