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


If we purchase any fixed asset in credit, we can pass it from


A) Payment mode
B) Receipt mode
C) Purchase mode
D) Contra mode

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Related Questions - 2


Manufacturing Journal creates based on


A) Journal
B) Receipt Note
C) Stock Journal
D) Purchase Quotation

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Related Questions - 3


Where do we record transactions of salary, rent or interest paid


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

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Related Questions - 4


Default ledger accounts in tally are ________


A) Balance sheet profit & loss and trial balance
B) Profit & loss and trial balance
C) Cash and profit & loss accounts
D) Cash and bank accounts

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Related Questions - 5


Recording of actual stock as physically verified or counted is done through


A) Journal
B) Stock Journal
C) Physical Stock
D) Sales

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