Triphase Technologies fresher Graduate Interview Questions and Answers

Tally is an accounting software used for managing financial transactions and generating reports.

• Tally is a popular accounting software used by businesses to record and manage financial transactions.

• It helps in maintaining books of accounts, generating invoices, and managing inventory.

• Tally provides features like balance sheet preparation, profit and loss statement, and cash flow statement.

• It can handle various financia...read more

The accounting cycle is a series of steps followed in the accounting process to record, analyze, and report financial transactions.

• The accounting cycle starts with identifying and analyzing transactions.

• Transactions are then recorded in the general journal.

• The recorded transactions are then posted to the general ledger.

• Adjusting entries are made to ensure accurate financial statements.

• Financial statements are prepared,...read more