Tally Accounting

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