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


By which option Purchase or Sales register can be viewed


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

View Answer

Related Questions - 2


Default ‘godown’ name in tally is ________


A) Primary
B) Main location
C) A or B
D) None of the above

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Related Questions - 3


Which of the following can be budgeted in tally


A) Nett Transactions
B) Closing Balance
C) Both A and B
D) None of the above

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Related Questions - 4


Which key is used to post entry in Debit Note in tally


A) F7
B) F8
C) Ctrl + F9
D) Ctrl + F8

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Related Questions - 5


Where do we record transactions of salary, rent or interest paid


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

View Answer