Category: Tally

1. Purchase of goods on credit is entered in: A. PaymentB. PurchaseC. JournalD. ContraAnswer: B 2. Cash received from customer is entered in: A. PaymentB. ReceiptC. SalesD. JournalAnswer: B 3. Bank to Cash transfer is entered in: A. ContraB. PaymentC. ReceiptD. JournalAnswer: A 4. Sales return is recorded in: A. Credit NoteB. Debit NoteC. SalesD.…

1. Which voucher type is used for entering a purchase of goods on credit? A. ContraB. PurchaseC. PaymentD. Journal 2. Which voucher records cash received from a customer? A. ReceiptB. PaymentC. SalesD. Journal 3. Bank to Cash transfer is recorded in which voucher? A. ContraB. ReceiptC. PaymentD. Journal 4. Sales return is entered in which…

1. Purchase Entry Q: How do you record a purchase of goods worth ₹25,000 from a credit supplier “Sharma Traders” in Tally? 2. Sales Entry Q: A customer “Rajesh Kumar” purchased goods worth ₹15,000 in cash. What will be the Tally voucher entry? 3. Payment Entry Q: You paid ₹5,000 to “Amit Traders” through bank.…