Rs. 20,000 withdrawn from State Bank. In which voucher type this transaction will be recorded
A) Payment
B) Receipt
C) Contra
D) Post-Dated
Answer : C
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 withdraw amount from bank.
Go to Gateway of Tally > Accounting Vouchers > Select F4: Contra from the Button Bar or press F4 .
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We can create multiple users in Tally activating
A) Tally Audit
B) Use Security Control
C) Both (a) and (b)
D) None of these
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Which option is true for viewing Profit & Loss A/C in Gateway of Tally
A) Gateway of Tally > Reports > Profit ; Loss A/C
B) Gateway of Tally > Display > Profit ; Loss A/C
C) Gateway of Tally > Account Books > Profit ; Loss A/C
D) None of these
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A) Lts
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A) Gateway of Tally > Reports > Trial Balance
B) Gateway of Tally > Trial Balance
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A) Reports
B) Import
C) Transactions
D) Masters