Question :

Sales return are recorded in ________ Voucher


A) Sales voucher
B) Debit note
C) Receipt
D) Credit note

Answer : D

Description :


Sales return are recorded in Credit note voucher. A credit note is a document sent by a seller to its buyer or, in other words, a vendor to the customer, notifying that a credit has been provided to their account against the goods returned by the buyer.


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


A ‘credit note’ is sent by ________ to ________


A) Seller buyer
B) Buyer seller
C) Customer seller
D) Creditor seller

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Related Questions - 3


We can show Bill wise details of Debtors and Creditors by activating


A) Maintain Bill by bill
B) Maintain Bill wise Details
C) Maintain References
D) None of these

View Answer

Related Questions - 4


Where do we record interest received, commission received or rent received in Tally


A) Contra
B) Payment
C) Receipt
D) Journal

View Answer

Related Questions - 5


Which menu is used to create new ledgers, groups and voucher types in Tally


A) Reports
B) Import
C) Transactions
D) Masters

View Answer