Question :

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 in Tally to close opened Company


A) Alter
B) Shut Company
C) Create Company
D) Select Company

View Answer

Related Questions - 2


We can see list of Memorandum Vouchers from


A) Cash/Bank Books
B) Exception Reports
C) Accounts Books
D) Trial Balance

View Answer

Related Questions - 3


Employee salary details are shown in


A) Attendance sheet
B) Gratuity papers
C) Exact reports
D) Payroll

View Answer

Related Questions - 4


 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 - 5


We can modify an existing Company from


A) Company Info > Alter
B) Company Info > Alter Company
C) Gateway of Tally > Modify Company
D) None of these

View Answer