In Tally, there are ________ predefined ledgers.
A. One
B. Two
C. Three
D. Four
Answer: Option B
Solution(By Examveda Team)
There are two pre-defined ledgers available in Tally.ERP 9, they are:Cash - This Ledger is created under the Group Cash-in-hand. You can enter the opening balance as on the date of books beginning from. You can also alter the name and even delete the Ledger.
Profit and Loss Account - This Ledger is created under the Group Primary. Previous year’s Profit or Loss is entered as the opening balance for this ledger. The balance entered here is treated as the opening profit/loss and shown in the Balance Sheet as opening balance of Profit and Loss account in the Liabilities side.
You cannot delete this ledger, but you can modify the same.
Join The Discussion
Comments ( 2 )
Related Questions on Tally
A. Peutronics
B. Tally Solutions
C. Coral Softwares
D. Vedika Softwares
in general the financial year from shall be from
A. 1st April of any year
B. 31st March of any year
C. All of them are true
D. None of these
Which menu appears after starting Tally for the first time
A. Gateway of Tally
B. Company Info
C. Display
D. None of these
Which option is used in Tally to make changes in created company
A. Select Company
B. Shut Company
C. Alter
D. None of these
Alllow
we see the statistics report we find there just 28 groups But when we see in groups display or Alter we found 34 groups.pls kindly said me how is possible?