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इंडियन गवर्नमेंट एग्जाम प्रेप

Professionals usually maintain accounts as

A Accounts with inventory
B Accounts only
C Normal accounting
D Payroll accounting
Correct Answer: B
Solution & Explanation

Accounts Only: To maintain only the financial accounts of the company. Inventory (stock) management is not involved in it.


Account with Inventory: This is the default option, which allows maintaining both the financial account of the company as well as the inventory of the company.

 

Professionals usually does not have inventory so they maintain accounts as Accounts Only in Tally.

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