Question :

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


Which option is used to move from one company to another when more than one companies are open


A) Company Info
B) Shut Company
C) Select Company
D) Company

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Related Questions - 2


Professionals usually maintain accounts as


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

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Related Questions - 3


Optional Voucher is one type of


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

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Related Questions - 4


Which file in tally is used to record the import activity


A) Tally.dat
B) Tally.ini
C) Tally.imp
D) None of the above

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Related Questions - 5


The home screen of tally is also known as


A) Menu bar
B) Gateway of tally
C) Accounts info
D) Button tool bar

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