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Discussion :: Tally

  1. Which of the following shows daily balance for a selected voucher type

  2. A.

     Day book

    B.

     Trial Balance

    C.

     Balance Sheet

    D.

     None of the above

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    Answer : Option A

    Explanation :

    The Day Book lists all transactions made in a particular day and by default displays the last voucher entry date of a regular voucher. It could also be set up to list all the transactions made over a certain period. Transactions include all financial vouchers, reversing and memorandum journals as well as inventory vouchers.


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