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 is used to view list of Primary and Secondary groups in Tally


A) List of Accounts
B) Accounts
C) List
D) None of these

View Answer

Related Questions - 2


‘Tally vault’ is a ________


A) Security mechanism
B) Ledger a/c
C) Cost category
D) None of the above

View Answer

Related Questions - 3


The options ‘use common narration’ and ‘narration each entry’ appear


A) Account creation screen
B) Voucher entry screen
C) F11 Accounting features
D) Voucher type creation screen

View Answer

Related Questions - 4


Budget represents ________


A) Estimation
B) Forecasting
C) Assumption
D) All of these

View Answer

Related Questions - 5


How can data be imported in tally


A) One company to another company created within Tally Package
B) Other programs – a spreadsheet or a database file
C) Depends on number of companies
D) Both A and B

View Answer