Question :
A) Indirect Incomes
B) Indirect Expenses
C) Direct Incomes
D) Direct Expenses
Answer : B
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.
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Predefined groups are also called as
A) Main group
B) Primary group
C) Statutory group
D) Parent group
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A) Create Company
B) Alter
C) Select Company
D) Shut Company
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Discount Column is available in
A) Sales Invoice
B) Purchase Invoice
C) Both (a) and (b)
D) None of these
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Where do we record transactions of salary, rent or interest paid
A) Contra
B) Journal
C) Receipt
D) Payment