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Vedalekha Professionals Accountant Interview Questions and Answers

Updated 18 Jun 2024

Vedalekha Professionals Accountant Interview Experiences

1 interview found

Accountant Interview Questions & Answers

user image Anonymous

posted on 18 Jun 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected
Round 1 - Technical 

(2 Questions)

  • Q1. Difference between cash and accrual basis of accounting
  • Ans. 

    Cash basis records transactions when cash is exchanged, while accrual basis records transactions when they occur.

    • Cash basis records revenue when cash is received and expenses when cash is paid.

    • Accrual basis records revenue when it is earned and expenses when they are incurred.

    • Cash basis is simpler but may not accurately reflect financial position, while accrual basis provides a more accurate picture of financial health...

  • Answered by AI
  • Q2. Journal entry for sales return with GST
  • Ans. 

    Journal entry for sales return with GST involves debiting sales return account, crediting accounts receivable, and adjusting GST payable.

    • Debit sales return account for the amount of sales return

    • Credit accounts receivable for the amount of sales return

    • Adjust GST payable by reversing the GST charged on the original sale

    • Example: Debit Sales Return Account $500, Credit Accounts Receivable $500, Adjust GST Payable $50

  • Answered by AI
Round 2 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. Where will you see yourself after 5 years?

Interview Preparation Tips

Interview preparation tips for other job seekers - Basic concepts of accounting should be strong to clear the interview.

Interview questions from similar companies

I applied via Campus Placement and was interviewed before May 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Self introduction what is accounting classification of accounting
  • Ans. 

    Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.

    • Classification of accounting includes financial accounting, management accounting, tax accounting, and auditing.

    • Financial accounting involves recording and reporting financial transactions for external stakeholders.

    • Management accounting involves providing financi...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - You only choosing self introduction is most important

Interview Preparation Tips

Round: Resume Shortlist
Experience: Thank you for giving me this opportunity to introduce my self I am sharad I am belong from jalgaon I have mba finance complete instatude of resaer management college. there are my 5 family member and intrest creiket &sing asong thank you sir
Tips: intervies aaptiy hr

Round: Test
Duration: 1 hour 35 minutes
Total Questions: 50

Interview Questionnaire 

6 Questions

  • Q1. Job position
  • Q2. Time
  • Q3. Any advantages
  • Ans. 

    Yes, there are several advantages of being an accountant.

    • Stable and in-demand career

    • Opportunities for growth and advancement

    • Ability to work in various industries

    • High earning potential

    • Opportunity to work independently or as part of a team

  • Answered by AI
  • Q4. Which type of project
  • Q5. Which type of grop
  • Ans. 

    I'm sorry, but the question seems to be incomplete. Could you please provide more context?

    • Answered by AI
    • Q6. Night shift?

    I applied via Company Website and was interviewed in Oct 2020. There were 4 interview rounds.

    Interview Preparation Tips

    Interview preparation tips for other job seekers - This interview was a technical one but was mejorly a stress test the interviewer wanted to test both my knowledge and communication skills .the question asked to me ware related to my b.com curriculum account releted topics please go through the job description thoroughly word by world and recheck your resume to ensure that you are a best fit for the position .

    I applied via Recruitment Consultant and was interviewed before Jun 2020. There were 6 interview rounds.

    Interview Questionnaire 

    2 Questions

    • Q1. About Self Intro , Company , why should we hire you ? , Where do you see yourself after 5 years ?
    • Q2. Answer all the questions with confident and smile on your face.

    Interview Preparation Tips

    Interview preparation tips for other job seekers - Just be confident about what you say. If you don't know anything tell you don't know but you'll learn it and implement. Also do some research about the company and role to which you're applying. Your confidence and right attitude will give you , your desired job. Trust me guys if you are confident you'll get that job even if you do not have required skills.

    Interview Questionnaire 

    1 Question

    • Q1. Account

    I applied via Naukri.com and was interviewed before Jul 2020. There was 1 interview round.

    Interview Questionnaire 

    2 Questions

    • Q1. What is your habbit
    • Q2. Reading

    Interview Preparation Tips

    Interview preparation tips for other job seekers - Good but competition

    I applied via Campus Placement and was interviewed before Dec 2019. There was 1 interview round.

    Interview Questionnaire 

    2 Questions

    • Q1. How many experiences in accounting
    • Q2. How much education you did ?

    Interview Preparation Tips

    Interview preparation tips for other job seekers - No advice and no tips

    I applied via Referral and was interviewed in Jun 2018. There were 6 interview rounds.

    Interview Questionnaire 

    3 Questions

    • Q1. Asking about my Biodata
    • Q2. And my experience based
    • Q3. And my skills and personal information

    Interview Preparation Tips

    Round: Test
    Experience: Aptitude,Reasoning

    Round: Resume Shortlist
    Experience: As my experience and education strength

    General Tips: My knowledge on work and subjects way
    Skills: Communication, Body Language, Problem Solving, Analytical Skills, Leadership, Presentation Skills, Time Management, Decision Making Skills
    Duration: <1 week

    Vedalekha Professionals Interview FAQs

    How many rounds are there in Vedalekha Professionals Accountant interview?
    Vedalekha Professionals interview process usually has 2 rounds. The most common rounds in the Vedalekha Professionals interview process are Technical and One-on-one Round.
    What are the top questions asked in Vedalekha Professionals Accountant interview?

    Some of the top questions asked at the Vedalekha Professionals Accountant interview -

    1. Difference between cash and accrual basis of account...read more
    2. Journal entry for sales return with ...read more

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    Vedalekha Professionals Accountant Interview Process

    based on 1 interview

    Interview experience

    5
      
    Excellent
    View more

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    Vedalekha Professionals Accountant Salary
    based on 5 salaries
    ₹1.8 L/yr - ₹2.6 L/yr
    34% less than the average Accountant Salary in India
    View more details

    Vedalekha Professionals Accountant Reviews and Ratings

    based on 5 reviews

    3.8/5

    Rating in categories

    3.2

    Skill development

    4.3

    Work-life balance

    3.3

    Salary

    4.7

    Job security

    4.1

    Company culture

    3.1

    Promotions

    3.6

    Work satisfaction

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