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


Where do we record interest received, commission received or rent received in Tally


A) Contra
B) Payment
C) Receipt
D) Journal

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Related Questions - 2


Where do we record transactions of salary, rent or interest paid


A) Contra
B) Journal
C) Receipt
D) Payment

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Related Questions - 3


Which shortcut key is used in Company Features Screen to use Statutory & Taxation in Tally


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

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Related Questions - 4


Which shortcut key is used to view Report with all details in Tally


A) F1
B) Alt + F1
C) F3
D) Alt + F2

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Related Questions - 5


Which of the following can be budgeted in tally


A) Nett Transactions
B) Closing Balance
C) Both A and B
D) None of the above

View Answer