i
TCS
Filter interviews by
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit all expenses and losses, Credit all incomes and gains.
These rules ensure that every transaction is recorded accurately and consistently.
For example, when a company receives cash from a...
Accrual is an accounting method that recognizes revenues and expenses when they are incurred, regardless of when cash is exchanged.
Accrual accounting matches revenues to the time period in which they are earned and expenses to the time period in which they are incurred.
It provides a more accurate picture of a company's financial position compared to cash accounting.
Accruals are recorded as adjusting journal entries at ...
Fixed assets are long-term tangible assets that are used in the production of income and are not expected to be consumed or converted into cash within a year.
Fixed assets include property, plant, and equipment (PP&E) such as buildings, machinery, vehicles, and furniture.
They are recorded on the balance sheet at their original cost minus accumulated depreciation.
Fixed assets are not intended for sale in the normal cours...
Inventory refers to the goods and materials a business holds for the purpose of resale or production.
Inventory includes raw materials, work-in-progress, and finished goods.
It is an important asset on a company's balance sheet.
Inventory management involves tracking, ordering, and storing inventory efficiently.
Examples of inventory include merchandise in a retail store, components in a manufacturing plant, and supplies i
Asset life cycle refers to the stages an asset goes through from acquisition to disposal.
Includes acquisition, maintenance, depreciation, and disposal of assets
Helps in tracking the value and condition of assets over time
Optimizing asset life cycle can lead to cost savings and improved efficiency
posted on 11 May 2020
I applied via Recruitment Consultant and was interviewed in Nov 2019. There were 5 interview rounds.
posted on 22 Nov 2022
I applied via Referral and was interviewed before Nov 2021. There were 2 interview rounds.
posted on 28 Jul 2022
I applied via Recruitment Consulltant and was interviewed before Jul 2021. There were 3 interview rounds.
Some General Questions about Finance and Accounts followed by a descriptive test
posted on 31 May 2022
I applied via Recruitment Consulltant and was interviewed in May 2022. There were 6 interview rounds.
I applied via Campus Placement and was interviewed in Mar 2022. There were 3 interview rounds.
In arthmetic reasoning and English
posted on 20 Jan 2025
I would like to inform accruals depreciation bad debit
Excel and basic accounts as well email writing
Accred revenue refers to income generated by an accredited organization through its operations or services.
Accred revenue is the revenue earned by an organization that has received accreditation from a recognized body.
It can include income from services provided, products sold, or other sources related to the organization's operations.
Accreditation is a process of certification that ensures an organization meets certai...
Journal entry for salary paid in advance
Debit the Prepaid Wages (asset) account
Credit the Cash/Bank account
When the salary period ends, adjust the entry by transferring from Prepaid Wages to Salary Expense
posted on 3 Sep 2022
I was interviewed in Mar 2022.
MS Excel question were there and Questions like what will come next in the pattern, Email communication test were there
posted on 20 Sep 2023
I applied via Approached by Company and was interviewed before Sep 2022. There were 3 interview rounds.
Basic Accounting, Reasoning and English skills
posted on 5 Mar 2024
I applied via Walk-in and was interviewed before Mar 2023. There were 3 interview rounds.
Very Basic questions in one Portal for Aptitude
based on 1 interview
Interview experience
based on 2 reviews
Rating in categories
System Engineer
1.1L
salaries
| ₹0 L/yr - ₹0 L/yr |
IT Analyst
66.6k
salaries
| ₹0 L/yr - ₹0 L/yr |
AST Consultant
51.5k
salaries
| ₹0 L/yr - ₹0 L/yr |
Assistant System Engineer
29.8k
salaries
| ₹0 L/yr - ₹0 L/yr |
Associate Consultant
29.5k
salaries
| ₹0 L/yr - ₹0 L/yr |
Amazon
Wipro
Infosys
Accenture