Question :

Goods returning to a Creditor after challan but before bill we need to pass


A) Debit Note
B) Receipt Note
C) Rejection Out
D) Rejection In

Answer : C

Description :


Rejection Out/Purchase Returns (Alt + F6) Voucher is used to record goods returned back that were rejected by the company.


Related Questions - 1


We can see Working Capital figure changing


A) Voucher configuration
B) Profit & Loss configuration
C) Balance Sheet configuration
D) Ledger configuration

View Answer

Related Questions - 2


Retained Earnings is an alias of


A) Indirect Income
B) Reserve and Surplus
C) Capital Account
D) Investments

View Answer

Related Questions - 3


We can see list of Memorandum Vouchers from


A) Cash/Bank Books
B) Exception Reports
C) Accounts Books
D) Trial Balance

View Answer

Related Questions - 4


Transfer of materials from one godown to another godown, use


A) Manufacturing Journal
B) Stock Journal
C) Purchase Journal
D) Both A & B

View Answer

Related Questions - 5


In Tally, there are ________ predefined ledgers.


A) One
B) Two
C) Three
D) Four

View Answer