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


If we purchase any fixed asset in credit, we can pass it from


A) Payment mode
B) Receipt mode
C) Purchase mode
D) Contra mode

View Answer

Related Questions - 2


A Group Company is ________ given to the merged accounts of member companies of the group


A) a name
B) an identity
C) A and B
D) None of the above

View Answer

Related Questions - 3


Recording of actual stock as physically verified or counted is done through


A) Journal
B) Stock Journal
C) Physical Stock
D) Sales

View Answer

Related Questions - 4


‘Tally vault’ is a ________


A) Security mechanism
B) Ledger a/c
C) Cost category
D) None of the above

View Answer

Related Questions - 5


Where do we record interest received, commission received or rent received in Tally


A) Contra
B) Payment
C) Receipt
D) Journal

View Answer