Question :

Salary Account comes under which head


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

Answer : B

Description :


Salary Account is generally indirect expense because it cannot be conveniently allocated to a particular product.


Related Questions - 1


Which of the following is not a transaction


A) Goods are purchased on cash basis for Rs 1000
B) Salaries paid for the month of May 20XX
C) Land is purchased for Rs 10 lakhs
D) An employee is dismissed from the job

View Answer

Related Questions - 2


Budget represents ________


A) Estimation
B) Forecasting
C) Assumption
D) All of these

View Answer

Related Questions - 3


Tally package is developed by


A) Peutronics
B) Tally Solutions
C) Coral Softwares
D) Vedika Softwares

View Answer

Related Questions - 4


Which option is used to copy company’s data into pendrive or CD


A) Backup
B) Restore
C) Split Company Data
D) Copy Data

View Answer

Related Questions - 5


To create Scenario which option requires to be activated


A) Use Rev Journal ; Optional voucher in F12
B) Use Optional voucher in F11
C) Use Reversing voucher in F11
D) Use Rev journal ; Optional voucher in F11

View Answer