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


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

Related Questions - 2


Recording of actual stock as physically verified or counted is done through


A) Journal
B) Stock Journal
C) Physical Stock
D) Sales

View Answer

Related Questions - 3


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 - 4


Transfer of materials from one godown to another godown, use


A) Manufacturing Journal
B) Stock Journal
C) Purchase Journal
D) Both A & B

View Answer

Related Questions - 5


Which option is used in Tally to make changes in created company


A) Select Company
B) Shut Company
C) Alter
D) None of these

View Answer