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Tally Accounting

25 Questions  I  By Mohsin Khan
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Question Excerpt

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