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
Where do we record credit purchase of furniture in Tally
A) Purchase
B) Payment
C) Receipt
D) Journal
Related Questions - 2
Transfer of materials from one godown to another godown, use
A) Manufacturing Journal
B) Stock Journal
C) Purchase Journal
D) Both A & B
Related Questions - 3
Which option is used to copy company’s data into pendrive or CD
A) Backup
B) Restore
C) Split Company Data
D) Copy Data
Related Questions - 4
Which unit is created for stock items like grain, pulse, sugar, oil, ghee etc.
A) Lts
B) Nos
C) Kgs
D) Box