Question :

Where do we record transactions of salary, rent or interest paid


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

Answer : D

Description :


Payment voucher is used to paid any type of expenses either direct or indirect expenses by cash/cheque/dd to any party. This voucher is also used to pay bill amount against credit purchases.


Gateway of tally > Accounting Voucher > Payment (F5)


Related Questions - 1


Branch / Division is a group defined under


A) Liabilities
B) Assets
C) Income
D) Expenditure

View Answer

Related Questions - 2


 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

Related Questions - 3


Which of the following is the predefined stock category in tally


A) Primary
B) Symbol
C) Stock
D) Main location

View Answer

Related Questions - 4


How many voucher types are readily available in Tally


A) 18
B) 16
C) 20
D) 28

View Answer

Related Questions - 5


Recording of actual stock as physically verified or counted is done through


A) Journal
B) Stock Journal
C) Physical Stock
D) Sales

View Answer