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


Vouchers can be displayed in


A) Accounts info
B) Day book
C) Inventory info
D) Ledger

View Answer

Related Questions - 2


The home screen of tally is also known as


A) Menu bar
B) Gateway of tally
C) Accounts info
D) Button tool bar

View Answer

Related Questions - 3


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

View Answer

Related Questions - 4


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


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

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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