Question :

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

Answer : A

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 option lists inventory valuation method in tally


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

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Related Questions - 2


Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally


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

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Related Questions - 3


Which unit is created for stock items like grain, pulse, sugar, oil, ghee etc.


A) Lts
B) Nos
C) Kgs
D) Box

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Related Questions - 4


Suspense Account Group is defined under


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

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Related Questions - 5


Which reports are prepared monthly in Tally?


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

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