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


Employee salary details are shown in


A) Attendance sheet
B) Gratuity papers
C) Exact reports
D) Payroll

View Answer

Related Questions - 2


Tally package is developed by


A) Peutronics
B) Tally Solutions
C) Coral Softwares
D) Vedika Softwares

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Related Questions - 3


How many secondary groups are there in Tally


A) 15
B) 13
C) 28
D) 3

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Related Questions - 4


A Group Company is ________ given to the merged accounts of member companies of the group


A) a name
B) an identity
C) A and B
D) None of the above

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Related Questions - 5


Manufacturing Journal creates based on


A) Journal
B) Receipt Note
C) Stock Journal
D) Purchase Quotation

View Answer