Question :

Salary comes under ________ Head


A) Direct expense
B) Current liability
C) Indirect expense
D) Current asset

Answer : C

Description :


Salary Account is generally indirect expense because it cannot be conveniently allocated to a particular product.


Related Questions - 1


Salary Account comes under which head


A) Indirect Incomes
B) Indirect Expenses
C) Direct Incomes
D) Direct Expenses

View Answer

Related Questions - 2


In Tally, there are ________ predefined ledgers.


A) One
B) Two
C) Three
D) Four

View Answer

Related Questions - 3


How many options related to Company Features are there in “F11: Features” in Tally


A) 3
B) 2
C) 4
D) 5

View Answer

Related Questions - 4


A ________ serves the purpose of both journal and ledger accounts


A) Journal proper
B) Purchase day book
C) Cash book
D) Any of the above

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Related Questions - 5


Find out which is not a Default Ledger in Tally


A) Cash in Hand
B) Capital Account
C) Profit & Loss
D) None of these

View Answer