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 shortcut key is used in Company Features screen to use Accounting Features in Tally


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

View Answer

Related Questions - 2


How many voucher types are readily available in Tally


A) 18
B) 16
C) 20
D) 28

View Answer

Related Questions - 3


Which option is used to view Trial Balance from Gateway of Tally?


A) Gateway of Tally > Reports > Trial Balance
B) Gateway of Tally > Trial Balance
C) Gateway of Tally > Display > Trial Balance
D) None of these

View Answer

Related Questions - 4


Employee salary details are shown in


A) Attendance sheet
B) Gratuity papers
C) Exact reports
D) Payroll

View Answer

Related Questions - 5


Which unit is created for stock items like grain, pulse, sugar, oil, ghee etc.


A) Lts
B) Nos
C) Kgs
D) Box

View Answer