Tally Accounting

25 Questions  I  By Mohsin Khan
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1.  F4 button is used to ___________.
A.
B.
C.
D.
2.  Suspense account is used ______________________.
A.
B.
C.
D.
3.  Balance sheet is a _______________.
A.
B.
C.
D.
4.  Trail balance is summarized form of ___________.
A.
B.
C.
D.
5.  Which is the correct order of accounting cycle?
A.
B.
C.
D.
6.  Assets are the property of _____________.
A.
B.
C.
D.
7.  The term in proprietor in tally is used as
A.
B.
C.
D.
8.  Whether the business is in profit or loss during the period covered by the trial balance. A trading and profit and loss account is prepared for this purpose. Which account reveals this fact?
A.
B.
C.
D.
9.  Tally is accounting software with coding.
A.
B.
10.  Restore option is used to store the data of another drive to your hard disk.
A.
B.
11.  If receptionist of Kamla travels charged Mr. Manish 1650 for 3 tickets from Delhi to Lucknow, so which transaction voucher will be filled?
A.
B.
C.
D.
12.  Why is F1 used?
A.
B.
C.
D.
13.  What is the use of direct command?
A.
B.
C.
D.
14.  Select the steps to create a new voucher:
A.
B.
C.
D.
15.  If we have to make the payment of our telephone bill then which voucher will be used.
A.
B.
C.
D.
16.  Mesh InfoTech purchased the goods of 5,000 Rs. from a sundry creditor Ramesh, which statement is correct?
A.
B.
C.
D.
17.  Inventory is the information of ___________.
A.
B.
C.
D.
18.  Accounting Process contains following steps
A.
B.
C.
D.
E.
19.  Which voucher provides debit note and credit note options?
A.
B.
C.
D.
E.
20.  What is the short key in tally for printing the sale voucher?
A.
B.
C.
D.
21.  This button of button area is used to switch between the selected companies.
A.
B.
C.
D.
22.  Which one is better defined as Money measurement concept?
A.
B.
C.
D.
23.  There may be several transactions relating to one particular account.
A.
B.
24.  Credit was comes in Debit what goes out is ____________.
A.
B.
25.  The period of an accounting year is ___________.
A.
B.
C.
D.
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