Take Exam - Tally Account

Question 1: Shortcut to delete a voucher is

Alt+D Ctrl+D Shift+D Alt+Del

Question 2: Purchase Voucher is used for

Buying Goods Selling Goods Receiving Goods Paying Bills

Question 3: Rent Paid is

Expense Income Asset Liability

Question 4: To print current screen press

Alt+P Ctrl+P Shift+P Alt+Ctrl+P

Question 5: Which key is used to quit Tally

Ctrl+Q Alt+Q Esc Ctrl+Alt+Del

Question 6: Payment Voucher is used for

Payment Made Payment Received Purchase Sales

Question 7: To create cost centre go to

Accounts Info ? Cost Centres Inventory Info ? Stock Item Display ? Reports None

Question 8: Delete option is used to

Remove Entries Edit Print Backup

Question 9: Stock Category is used for

Grouping Similar Items Payroll Bank Reconciliation Ledger Analysis

Question 10: Cost Category helps in

Analyzing Cost Centres Payroll Sales Tax Printing

Question 11: Alter option in Tally is used to

Edit Entries Delete Print Backup

Question 12: To export data press

Alt+E Ctrl+E F11 F12

Question 13: TDS stands for

Tax Deducted at Source Total Data Source Tax Data Sheet Transfer Data Source

Question 14: Prepaid Expenses are

Assets Liabilities Income Expense

Question 15: VAT stands for

Value Added Tax Verified Added Tax Value Account Tax Virtual Added Tax

Question 16: To display day book press

D from Gateway F2 F3 F12

Question 17: Cost Centre is used for

Departmental Accounting Payroll Inventory GST

Question 18: Ledger Creation is under

Accounts Info ? Ledger ? Create Gateway ? Display Accounts Voucher None

Question 19: Cost Centre can be enabled in

F11 Features F12 Configurations Gateway None

Question 20: F11 is used for

Features Configuration Reports Calculator

Question 21: Payroll feature is used for

Salary Management Inventory Tax Budget

Question 22: Credit sale is recorded in

Sales Voucher Purchase Voucher Receipt Payment

Question 23: Payroll process involves

Attendance and Salary Stock Tax Discount

Question 24: Purchase of Goods is

Expense Income Liability Asset

Question 25: Fixed Assets include

Furniture Creditors Cash Capital

Question 26: Which menu shows financial statements

Display ? Statements Gateway ? Display Accounts Info None

Question 27: Salaries Account belongs to

Indirect Expenses Direct Income Direct Expenses Fixed Assets

Question 28: Budgets help in

Controlling Expenses Managing Stock Managing Salary Data Entry

Question 29: Gateway of Tally is divided into how many sections

3 4 2 5

Question 30: Cash Book shows

Cash Transactions Bank Transactions Credit Transactions All Transactions

Tally Account

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