Question :

Where do we record cash sales in Tally


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

Answer : B

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


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

Related Questions - 2


Single Entry mode is applicable for


A) Receipt Voucher
B) Contra Voucher
C) Payment Voucher
D) All of these

View Answer

Related Questions - 3


Party account can be created through


A) Group creation window
B) Ledger creation window
C) Inventory creation window
D) Any one of them

View Answer

Related Questions - 4


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 - 5


Vouchers can be displayed in


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

View Answer