Y-not Designs And Manufacturing Senior Accountant Interview Questions and Answers for Experienced

Q1. No question only required refference
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Q2. Personal details
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Q3. Experience requirements
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It was basic 10th grade quantitative questions

Case study depending on the situation of current market condition

Q1. Define what is a balance sheet?
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A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.
• It shows the company's assets, liabilities, and shareholders' equity.

• Assets include cash, accounts receivable, inventory, and property.

• Liabilities include loans, accounts payable, and accrued expenses.

• Shareholders' equity represents the company's net worth.

• The balance sheet follows the formula...read more
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Q2. Describe the golden rules of Accounts?
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The golden rules of Accounts are basic principles that guide the recording of financial transactions.
• The first golden rule is the Personal Account rule, which states that debit the receiver and credit the giver.

• The second golden rule is the Real Account rule, which states that debit what comes in and credit what goes out.

• The third golden rule is the Nominal Account rule, which states that debit all expenses and losses
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Q3. Describe Types of Accounts ?
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Types of accounts include assets, liabilities, equity, revenue, and expenses.
• Assets: Resources owned by a company, such as cash, inventory, and property.

• Liabilities: Debts or obligations owed by a company, such as loans and accounts payable.

• Equity: Represents the owner's interest in the company's assets after deducting liabilities.

• Revenue: Income generated from the sale of goods or services.

• Expenses: Costs incurred in ...read more
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Q4. Theer Different types of accounts in accounting are Real account, Personal account and Nominal Account. Real account is then classified in two subcategories – Intangible real account, Tangible real account...read more
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Q1. Tell me about yourself.
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Q2. Why do you want to work for our company?
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Q3. Why are you looking for a change?
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Q4. What are your greatest strengths and weaknesses?
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Q1. Working experience
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Q1. My personal activities
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Q2. My experience and working rolls and responsibility.
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Q3. Your qualifications or exc.. ..........
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Q1. Accounting based on Tally nd excel work
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Q2. About Accounting Questions
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Q1. Family background
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Q2. Education and experience related questions
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Q1. In our resume related questions only
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Q2. Basic gst knowledge questions
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Q1. Final department head meeting general topics.
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