Question :

________ gives the balance for each day for the voucher type has been selected.


A) Trial Balance
B) Day book
C) Balance Sheet
D) None of the above

Answer : B

Description :


The Day Book lists all transactions made in a particular day and by default displays the last voucher entry date of a regular voucher. It could also be set up to list all the transactions made over a certain period. Transactions include all financial vouchers, reversing and memorandum journals as well as inventory vouchers.


Related Questions - 1


Which of the following shows daily balance for a selected voucher type


A) Day book
B) Trial Balance
C) Balance Sheet
D) None of the above

View Answer

Related Questions - 2


Which option is used to view Trial Balance from Gateway of Tally?


A) Gateway of Tally > Reports > Trial Balance
B) Gateway of Tally > Trial Balance
C) Gateway of Tally > Display > Trial Balance
D) None of these

View Answer

Related Questions - 3


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


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

View Answer

Related Questions - 4


A trial balance is a ________


A) Ledger
B) Journal
C) Account
D) List

View Answer

Related Questions - 5


Which option is used in Tally to close opened Company


A) Alter
B) Shut Company
C) Create Company
D) Select Company

View Answer