Accruals and Deferrals Concepts Examples and Top 10 Interview Questions | CorporateWala | Accenture

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📌 Accounts Payable Tricky Questions eBook - bit.ly/APTebook
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📌 O2C (Accounts Receivable) 2 days Video Course - bit.ly/3KH3ogw
If you are preparing for an Accounting interview then this video is going to help you a lot because in this video I have covered the most important topic Accruals and Deferrals or Deferred concepts, examples and interview question and answers. Watch this video till the end and prepare for your interview.
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[@mahimabhardwaj5854]

Hello sir.....
Can you please provide adjustment entries questions for practice

[@suryachari5660]

Excellent video thanks ❤

[@CorporateWala]

Glad you enjoyed it

[@RekhaKumari-rm8dx]

Hello sir, i want to give mock interview.. Can you please align. For R2R And AP to join genpact.

[@CorporateWala]

Hi DM me on Instagram on coming Saturday or Sunday 😊

[@sarthaksharma4950]

Hlo sir , Genpact se offer letter aane me kitna time lgta hai ?

[@CorporateWala]

Document submission ke 7-10 days main aa jata hai generally

[@UmaMuneE]

Hi sir I watched your video I want your suggestion now I am working in an Indian company in an accounts payable process from the last 7 years. Now I want to move MNC companies but no one hire me They say my package is huge we can't hire you I need your help

[@CorporateWala]

If this is the case, Acquire some new skills based on your Qualification and experience and then try for higher positions where package wont be an issue

[@sangeetaroychowdhury7582]

Kindly provide us the accrual journal entries with explanation

[@CorporateWala]

I have shared the entries in the video

[@witch9862]

Prepaid and defferls are same?

[@CorporateWala]

Yes but remember deferrals also include prepaid payments as well as receipts 🧾

[@krishnasharma44118]

Brother, can freshers get job in R2R Record To Report ?

[@CorporateWala]

Yes they can

[@jyoti5..]

Sir i want to purchasr r2r interview preparation course.

[@CorporateWala]

hi pls visit corporatewala.in from there you can get it.

[@Alibaksh_Shekh_TallyPrime]

In a interview I was asked a scenario
If GRN received Rs 80 and later on invoice received for Rs 100 how will you process invoice
What's entry you pass for balance 20 rs
System will allow to pass entry for 100 if GRN is 80 rs

[@user-ox2ll4vc7i]

Accrual
Rent a/c dr
To rent payable a/c
Deferred
Prepaid rent a/c dr
To cash a/c
Accrual
A/r acc dr
To sales acc
Deferred
Sell product in dec , already received payment in nov, need to record this unearned revenue or advance
Bank a/c dr
To unearned income a/c

[@CorporateWala]

💛😇