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


‘Allow components list details (Bill of Materials)’ option is activated for


A) Ledgers
B) Cost Category
C) Stock Items
D) Budgets

View Answer

Related Questions - 2


Which of the following is the example of external users of accounting information


A) Government
B) Owners
C) Management
D) Employee

View Answer

Related Questions - 3


‘Inventory books’ is used to view


A) Stock Items
B) Group Summary
C) Both A and B above
D) None of these

View Answer

Related Questions - 4


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 - 5


Single Entry mode is applicable for


A) Receipt Voucher
B) Contra Voucher
C) Payment Voucher
D) All of these

View Answer