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Tally Q&A
Tally Q&A
sheet display...
Entire summary of the all ledger accounts
Balances of all individual account
Bank and cash Balances
Exact financial position of the business on specific date
5) Tally is...
A. Package, which maintains accounts only
B. Which maintains accounts with inventory records
C. Which display the detail report trial balance, balance sheet etc
D. All are correct
6) Which of the following is not a account type
A. Personal Accounts
B. Real Accounts
C. Occasional account
D. Nominal account
7. 7) Term loans & other medium /long _term loans comes under __________Group
A. Unsecured Loan
B. Secured Loan
C. Loans & Advances
D. Current liability
8) ____________is beginning date of financial year
A. 1st January
B. 1st February
C. 1st March
D. 1st April
9) Manufacturing expenses comes under___________ Group
A. Expenses (Indirect)
B. Miss Expenses
C. Direct Expenses
D. None
10) Which financial statement can be made from Trial balance
A. Ledger
B. Purchases
C. Sales
D. Balance sheet
40) Which of the following account groups can be classified as a Nominal account
s
A. Accounts of Buyer, Suppliers, Owners, Lenders etc
B. Accounts of fixed and current assets such as Cash, Building, Plant an
d Machinery, vehicles etc
C. Accounts relating to expenses and Income such as sales, purchases Dis
count Allowed,
D. All types of Bank, Stock and Cash account
41) Duties
A.
B.
C.
D.
42) In balance sheet the shortcut key to activate the value is _________________
A. F7
B. B
C. F6
D. A
43) The supplier of the company belongs to ___________________ group in accounti
ng
A. Supplier
B. Sundery debtor
C. Sundry creditor
D. Sundry Customer
44) VAT stands for
A. Value Added Tax
B. Valuable At Tax
C. Value Added Tally
D. VAT Stands TAX
45) ______________________ is the short key to change period in tally
A. Ctrl + F2
B. Alt + F2
C. Alt + F1
D. F2
46) Fax machine is a ____________ asset.
A. Fixed
B. Direct
C. Current
D. None
47) Use Alt + F8
A. Stock
B. Goods
C. Goods
D. None
for________________
journal
out
In
A.
B.
C.
D.