You must be very good at statistics if you want to do well in accounting. Otherwise, with minimum knowledge you cannot manage your day to day transactions effectively in accounting.
What does financial statement of the company includes?
What are things will not be included in bank reconciliation statement?
Tell us have you ever prepared MIS reports and what are these?
Tell us what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
Tell me what is fair value accounting?
Mention in simple terms what is the difference between Asset, equity, and liabilities?
Tell me what are the accounting events that are frequently involved in compound entries?
Tell us how much mathematics knowledge is necessary or required in accounting?
Explain me what is the general classification of accounts that usually ledger account involve?
Can you list out some of the accrued expenses and the accounts in which you would record them?
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