Question :
A) Trial Balance
B) Day book
C) Balance Sheet
D) None of the above
Answer : B
________ 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
Related Questions - 2
Where do we record transactions of salary, rent or interest paid
A) Contra
B) Journal
C) Receipt
D) Payment
Related Questions - 3
Salary Account comes under which head
A) Indirect Incomes
B) Indirect Expenses
C) Direct Incomes
D) Direct Expenses
Related Questions - 4
Which of the following is not a disadvantage of introducing computerized accounting system
A) Possible demotivation through reundance
B) High expenditure on set up
C) Saving made on labour cost
D) Required staff training
Related Questions - 5
‘Allow components list details (Bill of Materials)’ option is activated for
A) Ledgers
B) Cost Category
C) Stock Items
D) Budgets