China Gate Restaurants Interview Questions and Answers

Q1. Golden rule of accounting
Ans. 
The golden rule of accounting is to debit the receiver and credit the giver.
• Debit the receiver, credit the giver

• Assets = Liabilities + Equity

• Revenue - Expenses = Net Income

• Debit increases assets and expenses, credit decreases them

• Credit increases liabilities, equity, and revenue, debit decreases them
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Q2. All entry like sale purchase contra etc and tally shortcut
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Q1. Golden rule of account
Ans. 
The golden rule of accounting is to record debits and credits accurately to ensure the balance sheet and income statement are correct.
• Debits must equal credits in every transaction

• Assets = Liabilities + Equity

• Revenue - Expenses = Net Income

• Always follow the principle of conservatism

• Maintain accurate and detailed records
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Q2. Sale entry all type of entry
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Q1. You are willing to do for long term
Ans. 
Absolutely, I am committed to a long-term position where I can grow and contribute to the team's success.
• I believe in building strong relationships with colleagues and clients, which takes time and dedication.

• In my previous role, I stayed for over five years, during which I led multiple successful projects that enhanced the brand's identity.

• Long-term positions allow for deeper understanding of the brand and its audienc...read more
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Q2. You know what to do ?
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Can you take responsibility?

Can your work with extra efforts because we will be paying you high ?