Where do we record transactions of salary, rent or interest paid?

Related MCQs

• Where do we record interest received, commission received or rent received in Tally?
• How many voucher types are provided in Tally to record transactions?
• 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?
• Salary Account comes under which head?
• Where do we record cash sales in Tally?
• Where do we record credit purchase of furniture in Tally?
• Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally?
• Where do we record all type of adjustment entry in Tally?
• Which file in tally is used to record the import activity ?
• Which file in tally is used to record the import activity?