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Q. The policy of anticipate no profit and provide for all possible losses arise due to the concept of _____

Q. Any written evidence in support of a business transaction is called:

Q. A ‘credit note’ is sent by------------- to ----------------

Q. Provision for discount on debtors is calculated on the amount of debtors.

Q. How many type of companies can be created in Tally?

Q. How many groups are pre-defined in Tally?

Q. Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally?

Q. In which voucher type credit purchase entry is posted in Tally?

Q. Trial balance is prepared on............ basis

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