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I applied via Recruitment Consulltant and was interviewed in Nov 2023. There were 2 interview rounds.
1. 3-way matching is a process in accounts payable that involves comparing the purchase order, receiving report, and invoice to ensure accuracy. 2. 2-way matching is a simplified version of 3-way matching that only compares the purchase order and invoice. 3. A non-PO invoice is an invoice received for goods or services without a corresponding purchase order.
3-way matching involves comparing purchase order, receiving re...
Accounts payable refers to the amount of money a company owes to its suppliers or vendors for goods or services received.
Accounts payable is a liability on the balance sheet and represents the company's short-term obligations.
It includes invoices from suppliers, outstanding bills, and other payables.
Managing accounts payable effectively is crucial for maintaining good relationships with suppliers and ensuring timely pa...
The journal entry for cash purchase of goods involves debiting the Purchases account and crediting the Cash account.
Debit the Purchases account to record the increase in inventory.
Credit the Cash account to record the decrease in cash.
The journal entry is: Purchases (debit) and Cash (credit).
posted on 9 Jul 2024
I applied via Naukri.com and was interviewed in Jan 2024. There were 2 interview rounds.
Moreover the generic knowledge about the role as per the JD provided. Interviewer took JD as base to ask further knowleadge of the topics. Didnt expect me to know all, instead was more interested in knowing about the areas and concepts I could think of and prep for the interview. Friendly conversation with giving away the idsa of how work will look like and what are the things i would require to re do or learn to better do the job.
I applied via Naukri.com and was interviewed in Nov 2021. There were 6 interview rounds.
I was interviewed in Nov 2022.
The journal entry for purchasing goods on credit involves debiting the inventory account and crediting the accounts payable account.
Debit the inventory account for the cost of the goods purchased
Credit the accounts payable account for the same amount
Example: Debit Inventory for $1,000 and Credit Accounts Payable for $1,000
This entry reflects an increase in inventory and a liability to pay for the goods purchased
I applied via govt exam and was interviewed in Mar 2024. There was 1 interview round.
I applied via Approached by Company and was interviewed before Sep 2022. There were 3 interview rounds.
Indian accounting standards
I was interviewed in Apr 2024.
Subject hold, general knowledge
I applied via Company Website and was interviewed in Jan 2024. There was 1 interview round.
I am a recent graduate with a degree in Business Administration and a passion for leadership and team building.
Graduated with a degree in Business Administration
Passionate about leadership and team building
Have experience in organizing and leading group projects
I took time off to explore different career paths and gain diverse experiences before realizing my passion for management.
I took a gap year to travel and volunteer, gaining valuable life experiences.
I switched majors to explore different interests before finding my passion for management.
I took time off to care for a family member, which required my full attention.
I realized my previous academic path was not aligned wi...
based on 1 interview
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