Question :

Which option lists inventory valuation method in tally


A) Stock report
B) Stock journal
C) Stock analysis
D) Stock summary

Answer : D

Description :


Stock Summary is a statement of the real-time stock-in-hand on a particular day. It is one of the primary inventory statements that gets updated in real-time as transactions recorded. In Tally it allows to compare data for different companies, stock groups, periods, valuation methods, and so on, by adding columns in the reports.


Related Questions - 1


Single Entry mode is applicable for


A) Receipt Voucher
B) Contra Voucher
C) Payment Voucher
D) All of these

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Related Questions - 2


Suspense Account Group is defined under


A) Income
B) Expenditure
C) Liabilities
D) Assets

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Related Questions - 3


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

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Related Questions - 4


By default, which mode is on in Purchase and Sales voucher


A) Normal Mode
B) Item Invoice Mode
C) Particulars Mode
D) None of these

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Related Questions - 5


Which option is used to open company created in Tally


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

View Answer