Question :

We can use Stock Journal for


A) Production and Consumption
B) Inter Godown transfer for stock
C) Both (a) and (b)
D) None of these

Answer : C

Description :


A stock journal is used to transfer materials or stock from one location to another location. Stocks could even simply be shown as consumed or even only produced and without both consumption and production.

 

Gateway of Tally > Voucher Entry > ALT+F7 or Click on Stock Journal


Related Questions - 1


Which of the following file is usually used as a master file


A) Inventory subsidiary
B) Cash disbursements
C) Cash receipts
D) Payroll transactions

View Answer

Related Questions - 2


A trial balance is a ________


A) Ledger
B) Journal
C) Account
D) List

View Answer

Related Questions - 3


Which of the following is not a transaction


A) Goods are purchased on cash basis for Rs 1000
B) Salaries paid for the month of May 20XX
C) Land is purchased for Rs 10 lakhs
D) An employee is dismissed from the job

View Answer

Related Questions - 4


Which option is used to copy company’s data into pendrive or CD


A) Backup
B) Restore
C) Split Company Data
D) Copy Data

View Answer

Related Questions - 5


The home screen of tally is also known as


A) Menu bar
B) Gateway of tally
C) Accounts info
D) Button tool bar

View Answer