Question :

A Group Company is ________ given to the merged accounts of member companies of the group


A) a name
B) an identity
C) A and B
D) None of the above

Answer : C

Description :


A Group Company is a name and an identity given to the merged accounts of member companies of the group.


Related Questions - 1


Which option is used to make changes in created Groups of Ledgers in Tally


A) Create
B) Display
C) Alter
D) Change

View Answer

Related Questions - 2


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


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

View Answer

Related Questions - 3


Which option is selected from Company Info Menu to divide company data into two financial years


A) Change Tally Vault
B) Alter
C) Split Company Data
D) New Company

View Answer

Related Questions - 4


Where do we record cash sales in Tally


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

View Answer

Related Questions - 5


Which option is used to view list of Primary and Secondary groups in Tally


A) List of Accounts
B) Accounts
C) List
D) None of these

View Answer