Question :

Discount Column is available in


A) Sales Invoice
B) Purchase Invoice
C) Both (a) and (b)
D) None of these

Answer : C

Description :


Discount Column is available in both Sales Invoice and Purchase Invoice.


Related Questions - 1


Retained Earnings is an alias of


A) Indirect Income
B) Reserve and Surplus
C) Capital Account
D) Investments

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Related Questions - 2


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 - 3


Professionals usually maintain accounts as


A) Accounts with inventory
B) Accounts only
C) Normal accounting
D) Payroll accounting

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Related Questions - 4


What is the utility of Tally Vault Password


A) It will lock the period of Company
B) It will lock all voucher entries for that Company
C) It will not show the Company Name in the Company Select List
D) None of these

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Related Questions - 5


Which of the following is not compulsory to create while entry in Accounts with Inventory


A) Stock Groups
B) Stock Items
C) Stock Categories
D) Units of Measure

View Answer