Question :

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


Which of the following user type can view audit list


A) Tally Vault
B) Owner
C) Data Entry
D) Administrator

View Answer

Related Questions - 2


We can see Working Capital figure changing


A) Voucher configuration
B) Profit & Loss configuration
C) Balance Sheet configuration
D) Ledger configuration

View Answer

Related Questions - 3


A company can be deleted only in


A) Display
B) Alter
C) Delete
D) Create

View Answer

Related Questions - 4


Which ledger is created by Tally automatically as soon as we create a new company


A) Cash
B) Profit ; Loss A/c
C) Capital A/c
D) A and B both

View Answer

Related Questions - 5


To create Manufacturing Journal which option must be activated


A) Use Common Narration
B) Narrations for each entry
C) Prefilled with Zero
D) Use as manufacturing Journal

View Answer