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


Which of the following is not a disadvantage of introducing computerized accounting system


A) Possible demotivation through reundance
B) High expenditure on set up
C) Saving made on labour cost
D) Required staff training

View Answer

Related Questions - 2


‘Inventory books’ is used to view


A) Stock Items
B) Group Summary
C) Both A and B above
D) None of these

View Answer

Related Questions - 3


How many voucher types are readily available in Tally


A) 18
B) 16
C) 20
D) 28

View Answer

Related Questions - 4


We can create multiple users in Tally activating


A) Tally Audit
B) Use Security Control
C) Both (a) and (b)
D) None of these

View Answer

Related Questions - 5


We can see list of Memorandum Vouchers from


A) Cash/Bank Books
B) Exception Reports
C) Accounts Books
D) Trial Balance

View Answer