Question :
A) Journal
B) Stock Journal
C) Physical Stock
D) Sales
Answer : C
Recording of actual stock as physically verified or counted is done through
A) Journal
B) Stock Journal
C) Physical Stock
D) Sales
Answer : C
Description :
Physical Stock Voucher is used for recording the actual stock which is verified or counted. It could happen that the Book Stocks and the Physical Stock do not match. It is not unusual that the company finds a discrepancy between actual stock and computer stock figure.
Related Questions - 1
Retained Earnings is an alias of
A) Indirect Income
B) Reserve and Surplus
C) Capital Account
D) Investments
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
Related Questions - 3
Which unit is created for stock items like grain, pulse, sugar, oil, ghee etc.
A) Lts
B) Nos
C) Kgs
D) Box
Related Questions - 4
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
Related Questions - 5
ERP stands for
A) Enterprise resource planning
B) Economic resource planning
C) Efficient resource planning
D) Economic resource processing