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 can be budgeted in tally


A) Nett Transactions
B) Closing Balance
C) Both A and B
D) None of the above

View Answer

Related Questions - 2


A ______ is sent to the seller when he is taken back the sold goods


A) Debit note
B) Credit note
C) Proforma invoice
D) Bill

View Answer

Related Questions - 3


Which option is used to copy company’s data into pendrive or CD


A) Backup
B) Restore
C) Split Company Data
D) Copy Data

View Answer

Related Questions - 4


Which of the following equation is true for balance sheet


A) Assets = Liabilities + Capital
B) Liabilities = Assets + Capital
C) Capital = Assets + Liabilities
D) All of these

View Answer

Related Questions - 5


We can modify an existing Company from


A) Company Info > Alter
B) Company Info > Alter Company
C) Gateway of Tally > Modify Company
D) None of these

View Answer