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


Which shortcut key is used in Company Features Screen to use Statutory & Taxation in Tally


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

View Answer

Related Questions - 2


We can show Bill wise details of Debtors and Creditors by activating


A) Maintain Bill by bill
B) Maintain Bill wise Details
C) Maintain References
D) None of these

View Answer

Related Questions - 3


The options ‘use common narration’ and ‘narration each entry’ appear


A) Account creation screen
B) Voucher entry screen
C) F11 Accounting features
D) Voucher type creation screen

View Answer

Related Questions - 4


How many groups are pre-defined in Tally


A) 28
B) 30
C) 15
D) 19

View Answer

Related Questions - 5


Which menu is used to create new ledgers, groups and voucher types in Tally


A) Reports
B) Import
C) Transactions
D) Masters

View Answer