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


Where do we record cash sales in Tally


A) Contra
B) Receipt
C) Payment
D) Journal

View Answer

Related Questions - 2


Which option is used to view list of Primary and Secondary groups in Tally


A) List of Accounts
B) Accounts
C) List
D) None of these

View Answer

Related Questions - 3


Professionals usually maintain accounts as


A) Accounts with inventory
B) Accounts only
C) Normal accounting
D) Payroll accounting

View Answer

Related Questions - 4


Default ‘godown’ name in tally is ________


A) Primary
B) Main location
C) A or B
D) None of the above

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Related Questions - 5


Which of the following is not a disadvantage of introducing computerized accounting system


A) Possible demotivation through reundance
B) High expenditure on set up
C) Saving made on labour cost
D) Required staff training

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