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I applied via LinkedIn and was interviewed before Mar 2023. There was 1 interview round.
The golden rule of journal entries is to debit the receiver and credit the giver.
Debit the receiver account
Credit the giver account
Maintain the accounting equation (Assets = Liabilities + Equity)
Accrual concept in accounting refers to recognizing revenues and expenses when they are incurred, regardless of when cash is exchanged.
Accrual concept ensures that financial statements accurately reflect the financial position of a company.
It involves recording revenues when they are earned and expenses when they are incurred, regardless of when cash is received or paid.
For example, if a company provides services to a ...
The 3 Golden Rules of Accounting are: 1. Personal Account - Debit the receiver, Credit the giver 2. Real Account - Debit what comes in, Credit what goes out 3. Nominal Account - Debit all expenses and losses, Credit all incomes and gains
Personal Account: Debit - Receiver, Credit - Giver (e.g. Cash A/c Dr To Ram A/c)
Real Account: Debit - What comes in, Credit - What goes out (e.g. Bank A/c Dr To Sales A/c)
Nominal Accoun...
I applied via Walk-in and was interviewed in Jul 2022. There were 6 interview rounds.
Group discussion includes they give one topic and 10 minutes time for us and we have to prepare and answer
Verbal, logical, mathematical ability and passage
I applied via Walk-in and was interviewed before Apr 2023. There were 4 interview rounds.
They give one topic and we have to tell about pro's and cons
It has 30 question with timer
I applied via Referral and was interviewed before Apr 2022. There were 4 interview rounds.
It was covered with general , technical and coding
Thought Focus interview questions for designations
I applied via Naukri.com and was interviewed in Mar 2021. There were 3 interview rounds.
I applied via Referral and was interviewed before Jun 2021. There were 3 interview rounds.
Its easy if you prepared
Better to know about company
Typing skill must be 30 words per minute
I was interviewed before Apr 2019.
Top trending discussions
I applied via Campus Placement and was interviewed in Apr 2024. There were 4 interview rounds.
Verbal, Quantitative, Communication all the quesadillas included
Process Associates are responsible for handling various tasks within a company, such as data entry, document processing, and customer service.
Responsible for data entry and processing
Handling customer inquiries and providing support
Assisting with administrative tasks
Ensuring accuracy and efficiency in all processes
GEP is a global provider of procurement and supply chain services.
GEP helps businesses optimize their procurement processes and achieve cost savings.
They offer software solutions for procurement automation and analytics.
GEP has a presence in multiple countries and serves clients across various industries.
Some of their clients include Fortune 500 companies.
Yes, I am able to handle night shifts as required for the role of Process Associate.
I have previous experience working night shifts in my previous job.
I am a night owl and perform well during late hours.
I am willing to adjust my schedule to accommodate night shifts.
I understand the importance of being alert and focused during night shifts.
I have reliable transportation to and from work during night hours.
posted on 23 Feb 2024
Accruals are expenses incurred but not yet paid or recorded.
Accruals are expenses that have been incurred but not yet paid for.
They are recorded in the financial statements to reflect the true financial position of a company.
Accruals help match expenses with revenues in the same accounting period.
Examples include accrued salaries, interest, and taxes.
Accruals are necessary for accurate financial reporting.
Prepaid recalls are prepaid expenses that are reversed in the subsequent accounting period.
Prepaid recalls are expenses that have been paid in advance but are recognized as expenses in the following accounting period.
They are typically recorded as assets on the balance sheet until they are recognized as expenses.
Common examples of prepaid recalls include prepaid rent, insurance premiums, and subscription fees.
I applied via Naukri.com and was interviewed in Sep 2021. There were 4 interview rounds.
based on 49 reviews
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