Question :

Which menu is used to create new ledgers, groups and voucher types in Tally


A) Reports
B) Import
C) Transactions
D) Masters

Answer : D

Description :


New ledgers, groups and voucher types in Tally is created from Masters


Go to Gateway of Tally > (under Masters) Account info.


Related Questions - 1


Which voucher type is used to transfer amount from one bank to another


A) Contra
B) Payment
C) Receipt
D) Post-Dated

View Answer

Related Questions - 2


Salary Account comes under which head


A) Indirect Incomes
B) Indirect Expenses
C) Direct Incomes
D) Direct Expenses

View Answer

Related Questions - 3


What is the predefined number of groups in tally


A) 16
B) 28
C) 128
D) 228

View Answer

Related Questions - 4


Which option from Company Info. menu is selected to create a new Company in Tally


A) Company Create
B) Create Company
C) Create
D) New Company

View Answer

Related Questions - 5


Retained Earnings is an alias of


A) Indirect Income
B) Reserve and Surplus
C) Capital Account
D) Investments

View Answer