TVS Motor Junior Accountant and Assistant Interview Questions and Answers

Q1. Purchase account
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Q2. How many days work
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The number of days work required depends on the specific tasks and deadlines for the Executive Accountant role.
• The number of days work can vary based on the complexity of financial reports, audits, and budget analysis required.

• Deadlines for financial statements, tax filings, and other accounting tasks may impact the number of days work needed.

• Prioritizing tasks and efficient time management can help in completing work
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Q1. One- on- one round is a job interview where a single candidate meet with one interviewer person, over the phone , or through video conferencing.
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Group decision is a process where a group of people together to make a choice from a set of options.

Group decision is a process where a group of people together to make a choice from a set of options

Q1. Work from office
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Q2. Accounts
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Q1. What are the 3 golden rules
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The 3 golden rules of accounting are the rules that govern how financial transactions should be recorded and reported.
• 1. Debit the receiver, credit the giver: When an asset is received, it is debited. When an asset is given, it is credited.

• 2. Debit what comes in, credit what goes out: Debit increases assets and expenses, credit decreases them.

• 3. Debit all expenses and losses, credit all incomes and gains: Expenses and ...read more
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Q2. Voucher in tally
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A voucher in Tally is a document used to record financial transactions in the accounting software.
• Vouchers in Tally include sales vouchers, purchase vouchers, payment vouchers, receipt vouchers, journal vouchers, etc.

• Each voucher type has specific fields to enter transaction details like date, party name, amount, ledger accounts, etc.

• Vouchers help in maintaining accurate and organized financial records for businesses.

• V...read more
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Q3. What is balance sheet explain liability asset & equity
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Balance sheet is a financial statement that shows a company's assets, liabilities, and equity at a specific point in time.
• Assets are resources owned by the company, such as cash, inventory, and equipment.

• Liabilities are obligations or debts that the company owes to others, such as loans and accounts payable.

• Equity represents the owner's stake in the company, calculated as assets minus liabilities.

• The balance sheet equa...read more
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Q4. What is GST & tds
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GST stands for Goods and Services Tax, a consumption tax levied on the supply of goods and services. TDS stands for Tax Deducted at Source, a tax collection method.
• GST is a value-added tax levied on most goods and services sold for domestic consumption.

• TDS is a tax deducted by the payer at the time of making payment to the payee.

• GST is collected by businesses and remitted to the government, while TDS is deducted by the...read more
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Q5. What is reconciliation
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Reconciliation is the process of comparing two sets of records to ensure they are in agreement.
• Reconciliation involves verifying and adjusting financial records to match bank statements or other sources.

• It helps identify discrepancies, errors, or fraud in financial transactions.

• Examples include reconciling bank statements with cash records, credit card statements with expense reports, or inventory records with physical
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Q1. Golden rules of accounting
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The golden rules of accounting are basic principles that guide the process of recording financial transactions.
• There are three golden rules of accounting: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

• These rules help ensure that financial transactions are accurately recorded and classified.

• For example, when a company receives cash fr...read more
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Q2. Some journal entries
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Q1. Which city do you live
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Q2. What is the Father Business
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The Father Business refers to the original or founding business of a company or organization.
• The Father Business is typically the first business established by a company before any subsidiaries or spin-off ventures.

• It is often the core business that sets the foundation for the company's growth and expansion.

• For example, if a company started as a small bakery and later expanded into a chain of restaurants, the bakery wo
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Q3. What is last salary package
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Q4. What is the motive to do you Job at Ashok Leyland
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Q5. Which reference to come you in this company
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Q1. Tell me about yourself.
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Reasoning common accounting basic computer knowledge

Q1. Salary expectations Flexible work life
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Q2. Communication ability Relationship between employees
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