Veeraraghavan & Company Interview Questions and Answers

It was good and excellent

Good and excellent i liked that too and the questions were also basic .

Q1. Very good and fantastic i like it
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Q2. What is debtors ?
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Debtors are individuals or entities who owe money to a company for goods or services provided on credit.
• Debtors are recorded as accounts receivable on a company's balance sheet.

• They represent the amount of money owed to the company by customers or clients.

• Debtors are an important part of a company's working capital and cash flow management.

• Examples of debtors include customers who have purchased goods on credit, client...read more
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Q3. Describe the heads of Income as per Income tax?
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Heads of Income as per Income tax are categories under which income is classified for taxation purposes.
• There are five heads of income: Salary, House Property, Business or Profession, Capital Gains, and Other Sources.

• Salary includes income from employment.

• House Property includes income from rental properties.

• Business or Profession includes income from business activities.

• Capital Gains includes income from the sale of c...read more
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They will provide a case study of a business and ask you to prepare questions to gather information.

Q1. Tell Me about Yourself
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Q2. Tell me about Family background
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Q3. Golden Rules Of accounting
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Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

• These rules ensure that every transaction is recorded accurately and in a standardized manner.

• For example, when a company receives cash fro...read more
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Q4. Full form of Gst and Tds
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GST stands for Goods and Services Tax, while TDS stands for Tax Deducted at Source.
• GST is a consumption tax levied on the supply of goods and services in India.

• TDS is a form of income tax that is deducted at the time of payment.

• GST aims to simplify the tax structure and reduce tax evasion.

• TDS ensures that the government receives tax revenue at the time income is earned.
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Q5. Salary expectation
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Q1. Previous employment works and dutys, My self, credit work process
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