Question :
A) Conventional Voucher
B) Unconventional Voucher
C) Both (a) and (b)
D) None of these
Answer : B
Reversing journal is a
A) Conventional Voucher
B) Unconventional Voucher
C) Both (a) and (b)
D) None of these
Answer : B
Description :
Reversing Journals (Non-Accounting/Unconventional Voucher) are special journals that are automatically reversed after a specified date. They exist only till the specified date and are effective only when they are included in reports like the Balance Sheet.
Gateway of Tally > Display > Exception Reports > Reversing Journals
Related Questions - 1
To create Scenario which option requires to be activated
A) Use Rev Journal ; Optional voucher in F12
B) Use Optional voucher in F11
C) Use Reversing voucher in F11
D) Use Rev journal ; Optional voucher in F11
Related Questions - 2
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 - 3
Which option is used to view list of Primary and Secondary groups in Tally
A) List of Accounts
B) Accounts
C) List
D) None of these
Related Questions - 4
Which of the following is compulsory to create while entry in Accounts with Inventory
A) Stock Groups
B) Stock Items
C) Units of Measure
D) All of these
Related Questions - 5
Full form of ODBC
A) Open database connectivity
B) Open database calculating
C) Open document basically
D) Order data base connection