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Where do we record interest received, commission received or rent received in Tally

A. Contra

B. Payment

C. Receipt

D. Journal

Answer: Option C

Solution(By Examveda Team)

Receipt voucher is used to record all receipts into Bank or Cash Accounts. Such receipt from debtors, any direct or indirect income, refund of loans or advances given earlier, sale of fixed assets, cash sale etc.
Gateway of tally > Accounting Voucher > Receipt (F6)

This Question Belongs to Computer Fundamentals >> Tally

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Comments ( 1 )

  1. KHUSHI KAUSHAL
    KHUSHI KAUSHAL :
    6 years ago

    OPTION "C".

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