In Tally, there are ________ predefined ledgers. A. One B. Two C. Three D. Four

The correct answer is: B. Two

Tally has two predefined ledgers:

• Purchase Ledger – This ledger is used to record all purchases
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  made by the company.
• Sales Ledger – This ledger is used to record all sales made by the company.

The other options are incorrect because they do not represent the number of predefined ledgers in Tally.