In Tally accounting software, from which menu sequence can you modify or alter the details of an existing company?

Introduction / Context:
This question focuses on Tally accounting software, which is widely used in businesses for maintaining accounts. A common administrative task is modifying an existing company record to change details such as the company name, address, financial year, or contact information. Knowing the correct menu sequence for altering a company is important for day to day operations and for Tally related interview questions.

Given Data / Assumptions:

• The software in question is Tally or a similar Tally based accounting package.
• We want to modify details of a company that has already been created.
• The options describe different menu paths within Tally.
• We assume the user has sufficient rights to alter company information.

Concept / Approach:
In Tally, company management options such as create, alter, and select company are grouped under the Company Info menu, typically opened from the Gateway of Tally. The correct way to alter an existing company is to enter Company Info and choose the Alter command. The approach here is to recognise which answer reflects that standard navigation pattern and to discard options that refer to menus not designed for company level changes.

Step-by-Step Solution:
1. Recall from Tally usage that the Gateway of Tally screen provides access to Company Info options.2. The Company Info menu groups functions such as Create Company, Select Company, and Alter Company.3. Option A states that you go to the Company Info menu and then choose Alter, which matches the standard workflow.4. Option B suggests a direct Modify Company option under Gateway of Tally without going through Company Info, which does not match the usual naming of menu choices.5. Option C mentions the Display menu and Trial Balance, which are reporting features and not used for altering company master data.6. Option D refers to Accounting Vouchers and Company Configuration, which again relate to transactions and configuration, not direct company alteration.7. Therefore, Option A is the correct description of how to alter an existing company in Tally.

Verification / Alternative check:
You can verify this by opening Tally, navigating to the Gateway of Tally screen, pressing the relevant key combination to open Company Info, and observing the menu options. You will see an entry labelled Alter, which when selected, lists the existing companies and allows you to edit their details. Documentation and training material for Tally also describe this same path for altering company details.

Why Other Options Are Wrong:
Option B is wrong because there is not usually a direct Modify Company option on the main Gateway screen; company alteration is accessed through Company Info.Option C is wrong because the Display menu and Trial Balance are for viewing reports, not editing master records.Option D is wrong because Accounting Vouchers and configuration options are for transaction entry and preferences, not for altering the basic company master.

Common Pitfalls:
New users sometimes confuse company level operations (create, alter, select) with configuration or reporting functions because they are all accessible from the Gateway of Tally. Another mistake is assuming that any screen that shows company information can be used to change that information. In Tally, only the Alter option under Company Info allows safe modification of company details, while other screens are read only or transaction focused.

Final Answer:
Company Info menu followed by the Alter option.