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


Goods returning to a Creditor after challan but before bill we need to pass


A) Debit Note
B) Receipt Note
C) Rejection Out
D) Rejection In

View Answer

Related Questions - 2


The Profit & Loss statement can be displayed in ________ format(s).


A) Horizontal
B) Vertical
C) A or B
D) None of the above

View Answer

Related Questions - 3


Reversing journal is a


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

View Answer

Related Questions - 4


Which of the following user type can view audit list


A) Tally Vault
B) Owner
C) Data Entry
D) Administrator

View Answer

Related Questions - 5


Which option from Company Info. menu is selected to create a new Company in Tally


A) Company Create
B) Create Company
C) Create
D) New Company

View Answer