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    Question

    Under which menu heading does a balance sheet fall in Tally ERP 9?

    A Statutory Reports Correct Answer Incorrect Answer
    B Transactions Correct Answer Incorrect Answer
    C Masters Correct Answer Incorrect Answer
    D Reports Correct Answer Incorrect Answer

    Solution

    In Tally ERP 9, a balance sheet falls under the "Reports" menu heading. Tally ERP 9 is an accounting software widely used for managing financial transactions and generating various types of financial reports, including balance sheets, income statements, and more. The balance sheet provides a snapshot of an organization's financial position, showing its assets, liabilities, and equity at a specific point in time. You can access the balance sheet report by navigating to the "Reports" menu in Tally ERP 9.

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