Question :

Optional Voucher is one type of


A) Conventional Voucher
B) Unconventional Voucher
C) Both A and B
D) None of these

Answer : B

Description :


The Non Accounting/Unconventional Vouchers are the special vouchers that are used to record provisional or non-accounting transactions. Unconventional vouchers are mainly used to exclude unnecessary entries or provisional entries from the books of accounts and make them available for what if (future reports, projections, forecasts etc.) reports required at any given time.


Related Questions - 1


Which of the following shows daily balance for a selected voucher type


A) Day book
B) Trial Balance
C) Balance Sheet
D) None of the above

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Related Questions - 2


Which shortcut key is used in Company Features screen to use Accounting Features in Tally


A) F1
B) F2
C) F3
D) F4

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Related Questions - 3


Which voucher type is used to transfer amount from one bank to another


A) Contra
B) Payment
C) Receipt
D) Post-Dated

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Related Questions - 4


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

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Related Questions - 5


Suspense Account Group is defined under


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

View Answer