Question :
A) Purchase
B) Payment
C) Receipt
D) Journal
Answer : A
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
Which option lists inventory valuation method in tally
A) Stock report
B) Stock journal
C) Stock analysis
D) Stock summary
Related Questions - 2
Suspense Account Group is defined under
A) Income
B) Expenditure
C) Liabilities
D) Assets
Related Questions - 3
Which ledger is created by Tally automatically as soon as we create a new company
A) Cash
B) Profit ; Loss A/c
C) Capital A/c
D) A and B both
Related Questions - 4
To see reports of Job Work Analysis
A) Display > Statements of Accounts > Job Work Analysis
B) Display > Job Work In Reports > Job Work Analysis
C) Display > Statements of Accounts> Cost Centre > Job Work Analysis
D) None of these
Related Questions - 5
Where do we record interest received, commission received or rent received in Tally
A) Contra
B) Payment
C) Receipt
D) Journal