Question :
A) Profit ; Loss A/C
B) Balance Sheet
C) Trial Balance
D) Cash Flow of Funds Flow
Answer : C
Which reports are prepared monthly in Tally?
A) Profit ; Loss A/C
B) Balance Sheet
C) Trial Balance
D) Cash Flow of Funds Flow
Answer : C
Description :
Trial balance is a list of ledger accounts balances, showing debit balances and credit balances, separately on a certain date. Trial balance is only a statement not an account. Every transaction has equal debit and credit aspects so that the trial balance possesses equal debit and credit balances. Preparing trial balances monthly will help you to fix errors as soon as it happens.
Related Questions - 1
A ______ is sent to a customer when he returns the goods
A) Debit note
B) Credit note
C) Proforma invoice
D) Bill
Related Questions - 2
Company Restore option is available in
A) Company Features
B) Company Information
C) Configuration
D) None of these
Related Questions - 3
How to activate the tally audit feature in a company
A) Press F11 key
B) During the creation of a company
C) In comp info > security control-option
D) Press F12 key
Related Questions - 4
The home screen of tally is also known as
A) Menu bar
B) Gateway of tally
C) Accounts info
D) Button tool bar
Related Questions - 5
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