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Tally Accounting

25 Questions  I  By Mohsin Khan
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Question Excerpt

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