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


We can see Working Capital figure changing


A) Voucher configuration
B) Profit & Loss configuration
C) Balance Sheet configuration
D) Ledger configuration

View Answer

Related Questions - 2


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

View Answer

Related Questions - 3


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


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

View Answer

Related Questions - 4


Retained Earnings is an alias of


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

View Answer

Related Questions - 5


Professionals usually maintain accounts as


A) Accounts with inventory
B) Accounts only
C) Normal accounting
D) Payroll accounting

View Answer