Question :

Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally


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

Answer : A

Description :


Generally as per option given we use Journal Voucher record purchase return, sales return, depreciation, bad debts etc.in Tally.

 

But Debit Note voucher (Ctrl+F9) can be used to enter purchase return and Credit Note voucher (Ctrl+F8) can be used to enter sales return in latest versions of tally ERP9.


Related Questions - 1


Where do we record interest received, commission received or rent received in Tally


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

View Answer

Related Questions - 2


________ 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 - 3


Optional Voucher is one type of


A) Conventional Voucher
B) Unconventional Voucher
C) Both A and B
D) None of these

View Answer

Related Questions - 4


A ________ serves the purpose of both journal and ledger accounts


A) Journal proper
B) Purchase day book
C) Cash book
D) Any of the above

View Answer

Related Questions - 5


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