Question :

Collection of ledgers of same nature is called


A) Vouchers
B) Asset
C) Group
D) None of these

Answer : C

Description :


Group are collection of ledgers of the same nature. An account group is a method of coordinating ledger accounts into a tree structured hierarchy. Each account group is component of either assets, liabilities, income and expenditure.


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To activate Job Costing which options require to be activated


A) Maintain Cost Centre
B) Use Cost Centre for Job Costing
C) Both A and B
D) None of these

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Related Questions - 2


Which shortcut key is used to view Report with all details in Tally


A) F1
B) Alt + F1
C) F3
D) Alt + F2

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In general the financial year from shall be from


A) 1st April of any year
B) 31st March of any year
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B) Symbol
C) Stock
D) Main location

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Which option is used in Tally to make changes in created company


A) Select Company
B) Shut Company
C) Alter
D) None of these

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