Question :

Where do we record credit purchase of furniture in Tally


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

Answer : A

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


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


Which account is the odd one


A) Furniture
B) Land and buildings
C) Stock of raw materials
D) Plant and machinery

View Answer

Related Questions - 3


Which menu is used to create new ledgers, groups and voucher types in Tally


A) Reports
B) Import
C) Transactions
D) Masters

View Answer

Related Questions - 4


Which of the following is the predefined stock category in tally


A) Primary
B) Symbol
C) Stock
D) Main location

View Answer

Related Questions - 5


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