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


________ gives the balance for each day for the voucher type has been selected.


A) Trial Balance
B) Day book
C) Balance Sheet
D) None of the above

View Answer

Related Questions - 2


Manufacturing Journal creates based on


A) Journal
B) Receipt Note
C) Stock Journal
D) Purchase Quotation

View Answer

Related Questions - 3


We can create multiple users in Tally activating


A) Tally Audit
B) Use Security Control
C) Both (a) and (b)
D) None of these

View Answer

Related Questions - 4


Which option is used to place data taken in pen drive or CD to Appropriate place in Tally


A) Backup
B) Restore
C) Split Company Data
D) None of these

View Answer

Related Questions - 5


Which option is used to view Stock Items or Group Summary


A) Accounts Books
B) Inventory Books
C) Statutory Books
D) Display

View Answer