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 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 - 3


Which reports are prepared monthly in Tally?


A) Profit ; Loss A/C
B) Balance Sheet
C) Trial Balance
D) Cash Flow of Funds Flow

View Answer

Related Questions - 4


ERP stands for


A) Enterprise resource planning
B) Economic resource planning
C) Efficient resource planning
D) Economic resource processing

View Answer

Related Questions - 5


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