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


Suspense Account Group is defined under


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

View Answer

Related Questions - 2


Which option is used to place data taken in pen drive or CD to Appropriate place in Tally


A) Backup
B) Restore
C) Split Company Data
D) None of these

View Answer

Related Questions - 3


Which of the following is not compulsory to create while entry in Accounts with Inventory


A) Stock Groups
B) Stock Items
C) Stock Categories
D) Units of Measure

View Answer

Related Questions - 4


Professionals usually maintain accounts as


A) Accounts with inventory
B) Accounts only
C) Normal accounting
D) Payroll accounting

View Answer

Related Questions - 5


Which account is the odd one


A) Furniture
B) Land and buildings
C) Stock of raw materials
D) Plant and machinery

View Answer