what is golden rule? What is Deffered revenue & it's journal entry? Whats depreciation & entry? Whats is prepaid expenses? Whats is accrual? And your current responsibilities such as what's reconciliation? How do you perform reconciliation? Whats is open item? How you resolve such issue? What a is cost & profit center? Etc

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Questions related to accounting principles and responsibilities for Senior Associate position.

Golden rule is to treat others as you would like to be treated.
Deferred revenue is revenue received in advance but not yet earned. Journal entry is to credit revenue and debit deferred revenue account.
Depreciation is the decrease in value of an asset over time. Entry is to debit depreciation expense and credit accumulated depreciation account.
Prepaid expenses are expenses paid in advance but not yet incurred. Accrual is the recognition of revenue or expenses before they are received or paid. Reconciliation is the process of comparing financial records to ensure accuracy.
Open item is a transaction that has not been fully resolved. Cost center is a department or unit that incurs costs. Profit center is a department or unit that generates revenue.
Responsibilities include reconciling accounts, preparing financial statements, analyzing financial data, and ensuring compliance with accounting principles and regulations.

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