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