Tally Accounting

25 Questions  I  By Mohsin Khan
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Question Excerpt

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