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


Employee salary details are shown in


A) Attendance sheet
B) Gratuity papers
C) Exact reports
D) Payroll

View Answer

Related Questions - 2


Sales return are recorded in ________ Voucher


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

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Related Questions - 3


How many groups are pre-defined in Tally


A) 28
B) 30
C) 15
D) 19

View Answer

Related Questions - 4


We can change the Company Information from


A) A Company Info > Back up
B) Company Info > Alter
C) Company Info > Split Company Data
D) None of these

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Related Questions - 5


Where do we record cash sales in Tally


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

View Answer