If we purchase any fixed asset in credit, we can pass it from
A) Payment mode
B) Receipt mode
C) Purchase mode
D) Contra mode
Answer : C
Description :
To account a fixed asset purchase in tally, normally we use journal voucher in earlier versions of tally. But now you can use purchase voucher to enter purchase of fixed assets in latest versions of tally ERP9.
To activate fixed asset purchase in purchase voucher,
Gateway of Tally > F12 Configure > Voucher Entry
Allow expense/fixed assets in purchase vouchers : Yes
Related Questions - 1
Which option is used to move from one company to another when more than one companies are open
A) Company Info
B) Shut Company
C) Select Company
D) Company
Related Questions - 2
Which ledger is created by Tally automatically as soon as we create a new company
A) Cash
B) Profit ; Loss A/c
C) Capital A/c
D) A and B both
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Which option lists inventory valuation method in tally
A) Stock report
B) Stock journal
C) Stock analysis
D) Stock summary
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We can show Bill wise details of Debtors and Creditors by activating
A) Maintain Bill by bill
B) Maintain Bill wise Details
C) Maintain References
D) None of these
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The home screen of tally is also known as
A) Menu bar
B) Gateway of tally
C) Accounts info
D) Button tool bar