Question :

A ‘credit note’ is sent by ________ to ________


A) Seller buyer
B) Buyer seller
C) Customer seller
D) Creditor seller

Answer : A

Description :


A credit note is a document sent by a seller to its buyer or, in other words, a vendor to the customer, notifying that a credit has been provided to their account against the goods returned by the buyer.


Related Questions - 1


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

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Related Questions - 2


Which option is used to view Stock Items or Group Summary


A) Accounts Books
B) Inventory Books
C) Statutory Books
D) Display

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Related Questions - 3


‘Allow components list details (Bill of Materials)’ option is activated for


A) Ledgers
B) Cost Category
C) Stock Items
D) Budgets

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Related Questions - 4


Which of the following is not a transaction


A) Goods are purchased on cash basis for Rs 1000
B) Salaries paid for the month of May 20XX
C) Land is purchased for Rs 10 lakhs
D) An employee is dismissed from the job

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Related Questions - 5


Which option lists inventory valuation method in tally


A) Stock report
B) Stock journal
C) Stock analysis
D) Stock summary

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