Tally Accounting

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