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Q. Which option is used in Tally to close opened Company?

Q. Which voucher type is used to transfer amount from one bank to another?

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

Q. The process of recording financial data upto trial balance is

Q. How many primary groups are there in Tally?

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

Q. How can we see Vat Reports?

Q. Which submenu is used for voucher entry in Tally?

Q. A trader purchases goods for Rs. 2500000, of these 70% of goods were sold during the year. At the end of 31st December 2009, the market value of such goods were Rs. 500000. But the trader recorded in his books for Rs. 750000. Which of the following concept is violated?

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