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


We can show Bill wise details of Debtors and Creditors by activating


A) Maintain Bill by bill
B) Maintain Bill wise Details
C) Maintain References
D) None of these

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Related Questions - 2


Where do we record credit purchase of furniture in Tally


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

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Related Questions - 3


Default ledger accounts in tally are ________


A) Balance sheet profit & loss and trial balance
B) Profit & loss and trial balance
C) Cash and profit & loss accounts
D) Cash and bank accounts

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Related Questions - 4


Where do we record cash sales in Tally


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

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Related Questions - 5


In tally you get currency symbol option from ________ menu


A) Company creation
B) Stock items units
C) Regional setting
D) None of the above

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