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


Budget represents ________


A) Estimation
B) Forecasting
C) Assumption
D) All of these

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Related Questions - 2


How many groups are pre-defined in Tally


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

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Related Questions - 3


Retained Earnings is an alias of


A) Indirect Income
B) Reserve and Surplus
C) Capital Account
D) Investments

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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

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Related Questions - 5


In general the financial year from shall be from


A) 1st April of any year
B) 31st March of any year
C) All of them are true
D) None of these

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