Tally Accounting

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