Question :
A) Vouchers
B) Asset
C) Group
D) None of these
Answer : C
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.
Related Questions - 1
Which of the following file is usually used as a master file
A) Inventory subsidiary
B) Cash disbursements
C) Cash receipts
D) Payroll transactions
Related Questions - 2
A ‘credit note’ is sent by ________ to ________
A) Seller buyer
B) Buyer seller
C) Customer seller
D) Creditor seller
Related Questions - 3
The home screen of tally is also known as
A) Menu bar
B) Gateway of tally
C) Accounts info
D) Button tool bar
Related Questions - 4
Which of the following is the predefined stock category in tally
A) Primary
B) Symbol
C) Stock
D) Main location
Related Questions - 5
Which option is used to move from one company to another when more than one companies are open
A) Company Info
B) Shut Company
C) Select Company
D) Company