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Q. If one of the cars purchased by a car dealer is used for business purpose, instead of resale, then it should be recorded by_____

Q. . Which of the following can be budgeted in tally?

Q. Which file in tally is used to record the import activity?

Q. Change in the capital A/c of proprietor may occur due to ______

Q. Which of the following is used for voucher entry?

Q. Which Shortcut key is pressed to create a new company in Tally?

Q. Which Shortcut key is pressed to view features in Tally?

Q. A firm has reported a profit of Rs.1,47,000 for the year ended 31-3-2014 after taking into consideration the following items. (i) The cost of an asset Rs.23,000 has been taken as an expense (ii) The firm anticipated a profit of Rs.12,000 on the sale of an old furniture (iii) Salary of Rs.7,000 outstanding for the year has not been taken into account. (iv) An asset of Rs.85,000 was purchased for Rs.75,000 and was recorded in the books at Rs.85,000. What is the correct amount of profit to be reported in the books?