Question :
A) Contra
B) Journal
C) Receipt
D) Payment
Answer : D
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
Which of the following is not a disadvantage of introducing computerized accounting system
A) Possible demotivation through reundance
B) High expenditure on set up
C) Saving made on labour cost
D) Required staff training
Related Questions - 2
We can see list of Memorandum Vouchers from
A) Cash/Bank Books
B) Exception Reports
C) Accounts Books
D) Trial Balance
Related Questions - 3
Which of the following is the example of external users of accounting information
A) Government
B) Owners
C) Management
D) Employee
Related Questions - 4
Related Questions - 5
Retained Earnings is an alias of
A) Indirect Income
B) Reserve and Surplus
C) Capital Account
D) Investments