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Tally Accounting

25 Questions  I  By Mohsin Khan
Accounting Quizzes & Trivia
Max time: 30 Minutes
No. Of Questions: 25
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Question Excerpt

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