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.


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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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Which option is used to open company created in Tally


A) Create Company
B) Alter
C) Select Company
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B) Purchase Invoice
C) Both (a) and (b)
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A) Short name
B) Nick name
C) Code name
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Where do we record transactions of salary, rent or interest paid


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B) Journal
C) Receipt
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