Question :

Branch / Division is a group defined under


A) Liabilities
B) Assets
C) Income
D) Expenditure

Answer : A

Description :


Branch / Division is a group defined under Liabilities


Related Questions - 1


Predefined groups are also called as


A) Main group
B) Primary group
C) Statutory group
D) Parent group

View Answer

Related Questions - 2


Suspense Account Group is defined under


A) Income
B) Expenditure
C) Liabilities
D) Assets

View Answer

Related Questions - 3


‘Allow components list details (Bill of Materials)’ option is activated for


A) Ledgers
B) Cost Category
C) Stock Items
D) Budgets

View Answer

Related Questions - 4


How many primary groups are there in Tally


A) 19
B) 28
C) 15
D) 20

View Answer

Related Questions - 5


Which of the following equation is true for balance sheet


A) Assets = Liabilities + Capital
B) Liabilities = Assets + Capital
C) Capital = Assets + Liabilities
D) All of these

View Answer