Question :

Where do we record interest received, commission received or rent received in Tally


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

Answer : C

Description :


Receipt voucher is used to record all receipts into Bank or Cash Accounts. Such receipt from debtors, any direct or indirect income, refund of loans or advances given earlier, sale of fixed assets, cash sale etc.

 

Gateway of tally > Accounting Voucher > Receipt (F6)


Related Questions - 1


Vouchers can be displayed in


A) Accounts info
B) Day book
C) Inventory info
D) Ledger

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Related Questions - 2


We can use Stock Journal for


A) Production and Consumption
B) Inter Godown transfer for stock
C) Both (a) and (b)
D) None of these

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Related Questions - 3


Which of the following is compulsory to create while entry in Accounts with Inventory


A) Stock Groups
B) Stock Items
C) Units of Measure
D) All of these

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Related Questions - 4


Which option is used to make changes in created Groups of Ledgers in Tally


A) Create
B) Display
C) Alter
D) Change

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Related Questions - 5


‘Inventory books’ is used to view


A) Stock Items
B) Group Summary
C) Both A and B above
D) None of these

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