Question :

Transfer of materials from one godown to another godown, use


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

Answer : B

Description :


A stock journal is used to transfer materials or stock from one location to another location. Stocks could even simply be shown as consumed or even only produced and without both consumption and production.


Gateway of Tally > Voucher Entry > ALT+F7 or Click on Stock Journal


Related Questions - 1


Salary Account comes under which head


A) Indirect Incomes
B) Indirect Expenses
C) Direct Incomes
D) Direct Expenses

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Related Questions - 2


What is the advantage of a computer-based transaction processing system


A) Does not require as stringent a set of internal controls
B) Will produce a more accurate set of financial statements
C) Eliminates the need to reconcile control accounts and subsidiary ledgers
D) Will be more efficient at producing financial statements

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


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

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Find out which is not a Default Ledger in Tally


A) Cash in Hand
B) Capital Account
C) Profit & Loss
D) None of these

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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

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