Q67
Reversing journal is a
A.
Conventional Voucher
B.
Unconventional Voucher
AnswerC.
Both (a) and (b)
D.
None of these
Answer: Option B
Solution
Answer: Option B
Solution:
Reversing Journals (Non-Accounting/Unconventional Voucher) are special journals that are automatically reversed after a specified date. They exist only till the specified date and are effective only when they are included in reports like the Balance Sheet.Gateway of Tally > Display > Exception Reports > Reversing Journals