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


Which shortcut key is used in Company Features Screen to use Statutory & Taxation in Tally


A) F3
B) F4
C) F2
D) F1

View Answer

Related Questions - 2


How many groups are pre-defined in Tally


A) 28
B) 30
C) 15
D) 19

View Answer

Related Questions - 3


Which of the following is used for voucher entry?


A) Ledger Account
B) Groups
C) Sub-Groups
D) Depends on number of companies

View Answer

Related Questions - 4


________ 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 - 5


A ______ is sent to the seller when he is taken back the sold goods


A) Debit note
B) Credit note
C) Proforma invoice
D) Bill

View Answer