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 make changes in created Groups of Ledgers in Tally


A) Create
B) Display
C) Alter
D) Change

View Answer

Related Questions - 2


Branch / Division is a group defined under


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

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Related Questions - 3


How to activate the tally audit feature in a company


A) Press F11 key
B) During the creation of a company
C) In comp info > security control-option
D) Press F12 key

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Related Questions - 4


Which file in tally is used to record the import activity


A) Tally.dat
B) Tally.ini
C) Tally.imp
D) None of the above

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Related Questions - 5


‘Inventory books’ is used to view


A) Stock Items
B) Group Summary
C) Both A and B above
D) None of these

View Answer