Question :
A) Nett Transactions
B) Closing Balance
C) Both A and B
D) None of the above
Answer : C
Which of the following can be budgeted in tally
A) Nett Transactions
B) Closing Balance
C) Both A and B
D) None of the above
Answer : C
Description :
Nett Transactions and Closing Balance can be budgeted in tally.
‘On Closing Balance’ option is used to compare the closing balances of the Accounts with the budgets in the final statements. ‘On Nett Transactions’ is used to monitor the transaction amounts (not the balances) for a specified period.
Related Questions - 1
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
Related Questions - 2
We can see list of Memorandum Vouchers from
A) Cash/Bank Books
B) Exception Reports
C) Accounts Books
D) Trial Balance
Related Questions - 3
Which voucher type is used to transfer amount from one bank to another
A) Contra
B) Payment
C) Receipt
D) Post-Dated
Related Questions - 4
‘Tally vault’ is a ________
A) Security mechanism
B) Ledger a/c
C) Cost category
D) None of the above
Related Questions - 5
Which shortcut key is used in Company Features screen to use Accounting Features in Tally
A) F1
B) F2
C) F3
D) F4