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


We can use Stock Journal for


A) Production and Consumption
B) Inter Godown transfer for stock
C) Both (a) and (b)
D) None of these

View Answer

Related Questions - 2


Which shortcut key is used in Company Features screen to use Accounting Features in Tally


A) F1
B) F2
C) F3
D) F4

View Answer

Related Questions - 3


Suspense Account Group is defined under


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

View Answer

Related Questions - 4


Where do we record interest received, commission received or rent received in Tally


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

View Answer

Related Questions - 5


‘Allow components list details (Bill of Materials)’ option is activated for


A) Ledgers
B) Cost Category
C) Stock Items
D) Budgets

View Answer