Question :

Which voucher type is used to transfer amount from one bank to another


A) Contra
B) Payment
C) Receipt
D) Post-Dated

Answer : A

Description :


As per the Accounting Principles, a Contra entry is a transaction involving transfer of cash between one Bank / Cash account to another Bank / Cash account, Cash Deposit / Withdrawals into / from Bank.

Contra voucher type is used in tally to transfer amount from one bank to another.

Go to Gateway of Tally > Accounting Vouchers > Select F4: Contra from the Button Bar or press F4 .


Related Questions - 1


Which submenu is used for voucher entry in Tally


A) Vouchers
B) Accounting Vouchers
C) Accounts Info
D) None of these

View Answer

Related Questions - 2


A ________ serves the purpose of both journal and ledger accounts


A) Journal proper
B) Purchase day book
C) Cash book
D) Any of the above

View Answer

Related Questions - 3


To create Scenario which option requires to be activated


A) Use Rev Journal ; Optional voucher in F12
B) Use Optional voucher in F11
C) Use Reversing voucher in F11
D) Use Rev journal ; Optional voucher in F11

View Answer

Related Questions - 4


Which account is the odd one


A) Furniture
B) Land and buildings
C) Stock of raw materials
D) Plant and machinery

View Answer

Related Questions - 5


 To get Payroll Reports choose


A) Gateway of Tally > Display
B) Gateway of Tally > Display > Statement of Accounts
C) Gateway of Tally > Display > Statement of Payroll
D) Gateway of Tally > Display > Payroll Reports

View Answer