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The Net Profit transferred to Balence Sheet in Fact using

A. Defined Total

B. Net Total

C. Opening P/L Balence

D. None of the above

You can do it
  1. FACT supports ____ number of users
  2. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
  3. To pass a credit note we select
  4. In Fact the additional information in transaction can be added through
  5. Fact Support 4 Inventory valuation method
  6. FACT does not support transfer of stock
  7. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  8. The 'Bill Terms' option in Fact is used to record
  9. We can assign rights to the user
  10. It is optional to enter cost centre in inventory issue
  11. In Fact the Install date can be a date earlier than starting date
  12. Template provides a pre-defined voucher
  13. In Fact while creating a company we can specify an accounting model at
  14. When FACT is installed, the group created is
  15. We can assign password to the user 'Manager' from
  16. We can insert a new page while designing P/L Layout by using
  17. It is not possibe to create online ledger in Fact
  18. To create a group while creating P/L Layout we have to press
  19. In Sales transaction, we can maintain
  20. In Fact the accounting period can be specified for a maximum period of
  21. We can maintain multiple currency in FACT
  22. If the Initial name of a company is "PQR", the company data will be stored in
  23. Audit Trail facility is available in FACT
  24. The GL Account which must be created in Fact are known as
  25. When Fact is installed for the first time we have to enter a blank company to creat a new company
  26. The default user that is created immdiately after creation of company in Fact is 'Admin'
  27. The special account created to need cash withdrawal entris from bank is known as
  28. AR/AP stands for
  29. We can Copy Master from one company to another company with ____________________ option.
  30. We can maintain monthly budget through the option Budget under Master