Question :
A) 1st April of any year
B) 31st March of any year
C) All of them are true
D) None of these
Answer : A
In general the financial year from shall be from
A) 1st April of any year
B) 31st March of any year
C) All of them are true
D) None of these
Answer : A
Description :
The Balance Sheet and Income statement of companies across the Globe are usually prepared for a period of 1 year. However, the date from which this period starts varies from country to country.
In India, this 1 year period starts from 1st April and ends on 31st March.
Related Questions - 1
Which shortcut key is used in Company Features Screen to use Statutory & Taxation in Tally
A) F3
B) F4
C) F2
D) F1
Related Questions - 2
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Which option is used to place data taken in pen drive or CD to Appropriate place in Tally
A) Backup
B) Restore
C) Split Company Data
D) None of these
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Which option is true for viewing Profit & Loss A/C in Gateway of Tally
A) Gateway of Tally > Reports > Profit ; Loss A/C
B) Gateway of Tally > Display > Profit ; Loss A/C
C) Gateway of Tally > Account Books > Profit ; Loss A/C
D) None of these
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Which of the following is the predefined stock category in tally
A) Primary
B) Symbol
C) Stock
D) Main location