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I applied via Referral and was interviewed in Dec 2022. There were 4 interview rounds.
Accrual concept is an accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when cash is exchanged.
Revenue is recognized when it is earned, not necessarily when cash is received.
Expenses are recognized when they are incurred, not necessarily when they are paid.
Accrual accounting provides a more accurate picture of a company's financial position.
Example: A company prov...
Depreciation is the allocation of the cost of an asset over its useful life. Types include straight-line, double declining balance, and units of production.
Depreciation is a method of allocating the cost of an asset over its useful life
Straight-line depreciation evenly spreads the cost over the useful life of the asset
Double declining balance method accelerates depreciation in the early years of an asset's life
Units of...
Accrual concept is a fundamental accounting principle where revenues and expenses are recognized when they are incurred, regardless of when cash is exchanged.
Revenue is recorded when it is earned, not necessarily when cash is received.
Expenses are recognized when they are incurred, not necessarily when they are paid.
Accrual accounting provides a more accurate representation of a company's financial position and perform...
Matching concept is an accounting principle that requires expenses to be matched with revenues in the same accounting period.
Expenses should be recognized in the same period as the revenues they helped generate.
It ensures that financial statements accurately reflect the results of operations for a specific period.
For example, if a company sells goods in December but doesn't receive payment until January, the revenue sh...
I have extensive experience in financial reporting, budgeting, and tax preparation across various industries.
Managed monthly financial statements for a mid-sized manufacturing company, ensuring accuracy and compliance with GAAP.
Prepared annual budgets and forecasts, collaborating with department heads to align financial goals with operational plans.
Conducted audits for small businesses, identifying discrepancies and re...
No, debits do not always increase every account.
Debits increase assets and expenses accounts.
Debits decrease liabilities, equity, and revenue accounts.
For example, when cash is received, the Cash account is debited and the Revenue account is credited.
Another example is when an expense is incurred, the Expense account is debited and the Cash account is credited.
Net profit can be calculated by subtracting the profit percentage from the gross profit.
Calculate 20% of the gross profit (1200) which is 240.
Subtract the profit percentage from the gross profit to get the net profit: 1200 - 240 = 960.
What type of work you done earlier?
What you are interested in accounting or filing return?
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How many transactions you have done at a time?
I applied via Indeed and was interviewed before Mar 2023. There were 3 interview rounds.
Basic c# and. Net questions
Examples of c# questions
Top trending discussions
I applied via Other and was interviewed before Sep 2020. There was 1 interview round.
The first priority for a customer is to provide excellent customer service and meet their needs.
Listen to the customer's needs and concerns
Offer personalized solutions
Provide prompt and efficient service
Build a strong relationship with the customer
Ensure customer satisfaction and loyalty
posted on 19 Sep 2022
I applied via LinkedIn and was interviewed in Mar 2022. There was 1 interview round.
posted on 28 Feb 2025
Basics of C language
posted on 4 Jun 2025
I appeared for an interview before Jun 2024, where I was asked the following questions.
posted on 4 Sep 2022
I applied via Approached by Company and was interviewed in Mar 2022. There were 2 interview rounds.
I applied via LinkedIn and was interviewed before Oct 2023. There were 2 interview rounds.
Giva a Full stack project. based on MERN AND MEAN stack
I appeared for an interview before Feb 2024.
posted on 14 Jun 2024
based on 2 interview experiences
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Accounts Associate
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