Question :
A) Group creation window
B) Ledger creation window
C) Inventory creation window
D) Any one of them
Answer : B
Party account can be created through
A) Group creation window
B) Ledger creation window
C) Inventory creation window
D) Any one of them
Answer : B
Description :
A business deals with customers, wholesalers, retailers and many such business parties on a day-to-day basis. Party ledgers (Accounts) is used to record transactions which may involve receipts or payments, or supplies or receipts from these parties.
Gateway of Tally > Accounts Info. > Ledgers > Create
Related Questions - 1
What is the utility of Tally Vault Password
A) It will lock the period of Company
B) It will lock all voucher entries for that Company
C) It will not show the Company Name in the Company Select List
D) None of these
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Which shortcut key is used in Company Features screen to use Accounting Features in Tally
A) F1
B) F2
C) F3
D) F4
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Which voucher type is used to transfer amount from one bank to another
A) Contra
B) Payment
C) Receipt
D) Post-Dated
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How many options related to Company Features are there in “F11: Features” in Tally
A) 3
B) 2
C) 4
D) 5
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A) Alter
B) Shut Company
C) Create Company
D) Select Company