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


Where do we record credit purchase of furniture in Tally


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

View Answer

Related Questions - 2


How can data be imported in tally


A) One company to another company created within Tally Package
B) Other programs – a spreadsheet or a database file
C) Depends on number of companies
D) Both A and B

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Related Questions - 3


Which key is used to post entry in Debit Note in tally


A) F7
B) F8
C) Ctrl + F9
D) Ctrl + F8

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Related Questions - 4


Full form of ODBC


A) Open database connectivity
B) Open database calculating
C) Open document basically
D) Order data base connection

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Related Questions - 5


Party account can be created through


A) Group creation window
B) Ledger creation window
C) Inventory creation window
D) Any one of them

View Answer