Wipro Accountant Interview Questions and Answers for Freshers

Q1. Tell me something about yourself?
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Q2. Your native place or your inspiration
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A person determined the personal ability of skills in that fields.

The recruiter given the topic to the group members and they tell the persons are difference about the topic.

Q1. Tell about yourself?
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Q2. What was the main process of HR in the company?
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Q1. What is Cp and Sp
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Q1. What are you salary requirements ?
Ans. I'm a fresher.salary is not my first priority for me This is a big plot form to start my career and I also want to improve my skills and knowledge and again Experience.
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Q2. Why did I hire you? Sir I would like say your company skills and my skills are some maching.
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Q3. What you know about this company?
Ans. It is one of fastest growing growing company in India.the work environment of the company is very good. It has many branches across the world.
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Q4. What are you career goals ?
Ans. Thank you for asking me My short time goal is to get a job in reputed company. My long time goal is to be in respectable position in that organization.
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Q1. Accounting information
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Q2. What are the golden rules
Ans. 
The golden rules of accounting are basic principles that guide the recording of financial transactions.
• The first golden rule is the rule of debit and credit.

• The second golden rule is the rule of assets and liabilities.

• The third golden rule is the rule of income and expenses.

• These rules ensure accuracy and consistency in financial reporting.

• For example, if a company purchases inventory on credit, the rule of debit and c...read more
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Q1. What are accounting cycle? Step in the accounting cycle first step journal entry and second step is ledgers and third step subsidiary books and forth step is trail balance and fifth step is trading accoun...read more
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Step in the accounting cycle first step journal entry and second step is ledgers and third step subsidiary books and forth step is trail balance and fifth step is trading account next step is profit and loss account and final step is balance sheet
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Q1. What is accounting
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Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.
• Accounting involves recording financial transactions such as sales, purchases, and payments.

• It also involves classifying these transactions into categories such as assets, liabilities, and equity.

• Finally, accounting involves summarizing this information in financ...read more
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Q2. What is a trial balance
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A trial balance is a list of all the accounts in the general ledger with their debit or credit balances.
• Prepared at the end of an accounting period

• Used to ensure that the total of all debits equals the total of all credits

• Helps in identifying errors in the accounting records

• If the trial balance doesn't balance, it indicates that there is an error in the accounting records

• Does not guarantee that the accounting records a
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Q3. What are the 7 types of journals
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The 7 types of journals are Sales, Purchases, Cash Receipts, Cash Disbursements, General, Payroll, and Non-Cash Adjusting.
• Sales Journal records all sales transactions

• Purchases Journal records all purchases transactions

• Cash Receipts Journal records all cash received transactions

• Cash Disbursements Journal records all cash paid transactions

• General Journal records all other transactions not recorded in the above journals

• Pa...read more
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Q4. What is journal class
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Journal class is a categorization of transactions based on their nature and purpose.
• Journal class helps in organizing and analyzing financial transactions.

• It is used to group similar transactions together for reporting purposes.

• Examples of journal classes include sales, purchases, payroll, and general ledger.

• Each journal class has its own set of rules and procedures for recording transactions.
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Q5. What is journal and it's types
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A journal is a record of financial transactions categorized into different types such as sales, purchases, and cash receipts.
• A journal is a book of original entry where transactions are first recorded.

• There are different types of journals such as sales journal, purchases journal, cash receipts journal, and cash disbursements journal.

• Sales journal records all credit sales transactions.

• Purchases journal records all credi...read more
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Q6. What in a journal or diary
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A journal or diary is a record of daily events, thoughts, and feelings.
• A journal or diary is a personal record of one's life experiences.

• It can be used to track progress towards goals or reflect on past experiences.

• Entries can include thoughts, feelings, and observations about the world around us.

• Some people use journals to work through difficult emotions or to practice gratitude.

• Examples of journals include bullet jou
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Q7. What is trial balance
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Trial balance is a list of all the general ledger accounts and their balances at a specific point in time.
• Prepared at the end of an accounting period

• Used to ensure that the total debits equal the total credits

• Identifies errors in the accounting records

• Does not guarantee that the financial statements are accurate

• Example: If the company has $10,000 in cash, the trial balance will show a debit balance of $10,000 in the ca
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Q8. Accounting principles
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Q9. What are the 5 basic accounting
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The 5 basic accounting principles are: revenue recognition, matching principle, cost principle, full disclosure principle, and objectivity principle.
• Revenue recognition: recognizing revenue when it is earned, not when payment is received

• Matching principle: matching expenses with the revenue they generate

• Cost principle: recording assets at their original cost

• Full disclosure principle: disclosing all relevant information...read more
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Q10. What is the accounting cycle
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The accounting cycle is a series of steps that a company follows to record and report its financial transactions.
• The cycle starts with identifying and analyzing transactions

• Then, the transactions are recorded in the journal

• The journal entries are then posted to the ledger

• An unadjusted trial balance is prepared to ensure the debits and credits are equal

• Adjusting entries are made to update accounts for accruals and defer...read more
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Q11. What GAAP means
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GAAP stands for Generally Accepted Accounting Principles.
• GAAP is a set of guidelines and standards for financial accounting and reporting.

• It ensures consistency and transparency in financial reporting.

• GAAP is used by companies to prepare their financial statements.

• It is also used by auditors to evaluate the accuracy of financial statements.

• Examples of GAAP include the matching principle, revenue recognition principle,
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