Where do we record cash sales in Tally

A. Contra

B. Receipt

C. Payment

D. Journal

Correct Answer is :

B. Receipt

Explanation

Receipt voucher is used to record all receipts into Bank or Cash Accounts. Such receipt from debtors, any direct or indirect income, refund of loans or advances given earlier, sale of fixed assets, cash sale etc. Gateway of tally > Accounting Voucher > Receipt (F6)