Question :
A) Payment
B) Receipt
C) Contra
D) Post-Dated
Answer : C
Rs. 20,000 withdrawn from State Bank.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 .
Related Questions - 1
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A) Stock Groups
B) Stock Items
C) Units of Measure
D) All of these
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A) Tally Audit
B) Use Security Control
C) Both (a) and (b)
D) None of these
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A) Gateway of Tally > Reports > Profit ; Loss A/C
B) Gateway of Tally > Display > Profit ; Loss A/C
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B) Unconventional Voucher
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B) Inventory features
C) Statutory features
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