Question :
A) Direct expense
B) Current liability
C) Indirect expense
D) Current asset
Answer : C
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
What is the utility of Tally Vault Password
A) It will lock the period of Company
B) It will lock all voucher entries for that Company
C) It will not show the Company Name in the Company Select List
D) None of these
Related Questions - 2
Single Entry mode is applicable for
A) Receipt Voucher
B) Contra Voucher
C) Payment Voucher
D) All of these
Related Questions - 3
Related Questions - 4
Company features in tally includes
A) Accounting features
B) Inventory features
C) Statutory features
D) All of the above
Related Questions - 5
Professionals usually maintain accounts as
A) Accounts with inventory
B) Accounts only
C) Normal accounting
D) Payroll accounting