Question :

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


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

Answer : A

Description :


Inventory subsidiary is usually used as a master file.


Related Questions - 1


Suspense Account Group is defined under


A) Income
B) Expenditure
C) Liabilities
D) Assets

View Answer

Related Questions - 2


Optional Voucher is one type of


A) Conventional Voucher
B) Unconventional Voucher
C) Both A and B
D) None of these

View Answer

Related Questions - 3


Retained Earnings is an alias of


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

View Answer

Related Questions - 4


Which option lists inventory valuation method in tally


A) Stock report
B) Stock journal
C) Stock analysis
D) Stock summary

View Answer

Related Questions - 5


Which of the following is used for voucher entry?


A) Ledger Account
B) Groups
C) Sub-Groups
D) Depends on number of companies

View Answer