Vikrant Chemicals Analyst Accelerator Interview Questions and Answers

Profit loss ,partnerships, ratio proportions

Q1. Excel ms words tally day book
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Interview person skills and knowledge checking the round 30 questions and answers in this round

Q1. Tell me about yourself? Thankey you so much for My name is Sukanya ,i am belonging to kundapura and I am recently staying in bangolre electronic City in konappana Agrahara . I am b.com completed in Mangal...read more
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Q2. Tell me what you know about in this company? Its a one best fastest growth of company in India . the work environment of company is good .the people proud feel this company work . company full support of ...read more
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Q3. You can work in night and weekends? Yes I am work in any shift and i an work completed in within days but I can't i work in weekends i ready to work in anytime.
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Q4. Difference between hardworking and smart working? Hardworking reaching the build with steps on run and susses Example mathamatics probelms solution in way of method in hardworking. Smart working reaching ...read more
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Hardworking is achieving success through consistent effort, while smart working is achieving success through efficient and effective methods.
• Hardworking involves putting in consistent effort and following a set process to achieve success.

• Smart working involves finding efficient and effective methods to achieve success.

• Hardworking may involve taking longer to achieve success, while smart working may involve achieving su...read more
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Q5. Why should I hire you? Sir I am a fresher I have theoretical knowledge but not work any organisation.i am sincerely work completed in your company timigs . I am good learner and good communication and try...read more
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Q1. What is sale purchase billing
Ans. 
Sale purchase billing is the process of creating invoices for goods or services sold and purchased.
• It involves recording the details of the transaction such as the quantity, price, and date.

• The invoice is then sent to the customer or supplier for payment.

• It is an important part of accounting as it helps to keep track of sales and purchases.

• Examples of sale purchase billing software include QuickBooks and Xero.
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Q2. What is sale return and purchase return
Ans. 
Sale return is when a customer returns a product to the seller, while purchase return is when a business returns a product to the supplier.
• Sale return is also known as sales return or return inwards.

• Purchase return is also known as purchase return or return outwards.

• Sale return reduces the revenue of the seller, while purchase return reduces the cost of goods sold for the buyer.

• Sale return may occur due to various reas...read more
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Q3. What is cash Discount purchase and cash Discount sale
Ans. 
Cash discount purchase is a discount offered by a seller to a buyer for paying the invoice amount within a specified time period. Cash discount sale is a discount offered by a buyer to a seller for paying the invoice amount within a specified time period.
• Cash discount purchase is a reduction in the invoice amount offered by the seller to the buyer if the buyer pays the invoice amount within a specified time period.

• Cash...read more
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Q4. What is Half payment by cheque for purchase and sale
Ans. 
Half payment by cheque for purchase and sale is a payment method where half of the amount is paid through cheque.
• Half payment by cheque is a common practice in business transactions.

• It involves paying half of the purchase or sale amount through a cheque.

• The remaining half is usually paid in cash or through another mode of payment.

• This method is used to ensure security and reduce the risk of fraud.

• For example, if a prod...read more
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Q5. What is Gst return sale and purchase both
Ans. 
Gst return sale and purchase both refers to the filing of returns for the goods and services tax paid on sales and purchases.
• Gst return sale and purchase both are filed by registered taxpayers

• The sale return is filed in GSTR-1 form and the purchase return is filed in GSTR-2 form

• The returns are reconciled in GSTR-3 form

• The returns contain details of the tax paid on sales and purchases, input tax credit claimed, and othe...read more
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Q1. What is balance sheet matching
Ans. 
Balance sheet matching is the process of ensuring that the assets, liabilities, and equity on a balance sheet are properly aligned.
• Balance sheet matching involves comparing the amounts and classifications of assets, liabilities, and equity to ensure they are accurately recorded.

• It helps identify any discrepancies or errors in the financial statements.

• For example, if a company reports a certain amount of cash on its bal...read more
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Q2. What is cash sales and cash purchase
Ans. 
Cash sales refer to transactions where payment is made in cash at the time of sale. Cash purchase refers to transactions where payment is made in cash at the time of purchase.
• Cash sales are common in retail businesses where customers pay for goods or services in cash.

• Cash purchase is when a business buys goods or services and pays for them in cash.

• Cash sales and purchases are recorded in the cash book or cash register.

• ...read more
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