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 transactions of salary, rent or interest paid


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

View Answer

Related Questions - 2


 To get Payroll Reports choose


A) Gateway of Tally > Display
B) Gateway of Tally > Display > Statement of Accounts
C) Gateway of Tally > Display > Statement of Payroll
D) Gateway of Tally > Display > Payroll Reports

View Answer

Related Questions - 3


Integrated accounts with inventory is available in


A) F12 configuration
B) F11 features
C) Inventory info
D) Accounts info

View Answer

Related Questions - 4


Sales return are recorded in ________ Voucher


A) Sales voucher
B) Debit note
C) Receipt
D) Credit note

View Answer

Related Questions - 5


In Tally, there are ________ predefined ledgers.


A) One
B) Two
C) Three
D) Four

View Answer