Question :

Which of the following is compulsory to create while entry in Accounts with Inventory


A) Stock Groups
B) Stock Items
C) Units of Measure
D) All of these

Answer : D

Description :


For inventory accounting in tally Stock Groups, Stock Items and Units of Measure must be created.


Related Questions - 1


The Profit & Loss statement can be displayed in ________ format(s).


A) Horizontal
B) Vertical
C) A or B
D) None of the above

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Related Questions - 2


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


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

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Related Questions - 3


Where do we record credit purchase of furniture in Tally


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

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Related Questions - 4


How many types of users are present in tally


A) 1
B) 2
C) 3
D) 4

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Related Questions - 5


Which account is the odd one


A) Furniture
B) Land and buildings
C) Stock of raw materials
D) Plant and machinery

View Answer