ZeusIP Advocates Accountant Interview Questions and Answers

Q1. Self Introduction
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Q2. Self Intro and Previous work experience
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Q1. 3 golden rules of accounting
Ans. 
The 3 golden rules of accounting are: 1. Debit the receiver, credit the giver. 2. Debit what comes in, credit what goes out. 3. Debit expenses and losses, credit income and gains.
• Debit the receiver, credit the giver - when a business receives something, it debits the account and when it gives something, it credits the account.

• Debit what comes in, credit what goes out - when money comes into the business, it debits the ...read more
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Q2. Difference between budget and forcast
Ans. 
Budget is a financial plan for a specific period, while forecast is an estimate of future financial outcomes.
• Budget is a detailed plan of income and expenses for a specific period, usually a year.

• Forecast is an estimate of future financial outcomes based on past performance and current trends.

• Budget is more rigid and inflexible, while forecast is more flexible and adaptable.

• Budget is used for planning and controlling e...read more
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Q1. Journal entries Gst entries tds entries
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Q1. Explain about yourself
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Q2. How can you survive here
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Q1. Self Introduction
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Q2. Self Intro and Previous work experience
Add your answer

Q1. 3 golden rules of accounting
Ans. 
The 3 golden rules of accounting are: 1. Debit the receiver, credit the giver. 2. Debit what comes in, credit what goes out. 3. Debit expenses and losses, credit income and gains.
• Debit the receiver, credit the giver - when a business receives something, it debits the account and when it gives something, it credits the account.

• Debit what comes in, credit what goes out - when money comes into the business, it debits the ...read more
Answered by AI
Add your answer
Q2. Difference between budget and forcast
Ans. 
Budget is a financial plan for a specific period, while forecast is an estimate of future financial outcomes.
• Budget is a detailed plan of income and expenses for a specific period, usually a year.

• Forecast is an estimate of future financial outcomes based on past performance and current trends.

• Budget is more rigid and inflexible, while forecast is more flexible and adaptable.

• Budget is used for planning and controlling e...read more
Answered by AI
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Q1. Questions from my resume
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Q1. Telling about myself and moto of joining this company.
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Q1. Speed and accuracy in typing and formulas
Ans. 
Speed and accuracy in typing and formulas are essential for an Account Executive.
• Practice typing regularly to improve speed and accuracy.

• Familiarize yourself with common formulas used in accounting and finance.

• Use shortcuts and hotkeys to increase efficiency.

• Double-check your work to ensure accuracy.

• Utilize tools like Excel for complex calculations.
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Q1. Checking accounting knowledge for the best result
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Q1. Journal entries Gst entries tds entries
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