Take Exam - Tally Account

Question 1: Prepaid Rent is

Asset Liability Expense Income

Question 2: Cost Centre is used for

Departmental Accounting Payroll Inventory GST

Question 3: Shortcut key for Contra Voucher

F4 F5 F6 F7

Question 4: Alt+R is used to

Restore Deleted Remove Report Rewrite Data Refresh

Question 5: Balance Sheet shows

Assets and Liabilities Income and Expense Cash Flow Trial Balance

Question 6: Which account has debit balance

Assets Liabilities Capital Income

Question 7: Depreciation belongs to

Indirect Expense Direct Expense Income Liability

Question 8: Voucher means

Document of Transaction Document of Employee Document of Goods Document of Ledger

Question 9: Tally is a type of

Accounting Software Operating System Database Hardware

Question 10: Shortcut key for Purchase Voucher

F9 F8 F7 F5

Question 11: Which company developed Tally

Tally Solutions Pvt Ltd Infosys Wipro Microsoft

Question 12: Tally is most commonly used by

Accountants Engineers Designers Students

Question 13: Machinery is

Fixed Asset Current Asset Liability Expense

Question 14: To display day book press

D from Gateway F2 F3 F12

Question 15: Sales Tax has been replaced by

GST VAT TDS Excise

Question 16: Which option is used to restore backup data

Restore Backup Import Export

Question 17: Suspense Account is used for

Temporary Entries Fixed Assets Cash Stock

Question 18: To display Balance Sheet press

F12 F1 F10 F11

Question 19: Which key is used for export

Alt+E Alt+M Alt+P Alt+F1

Question 20: Which key is used for company features

F11 F12 F2 F3

Question 21: Voucher numbering can be set as

Automatic Manual Both None

Question 22: Excise is related to

Manufacturing Retail Transport Service

Question 23: Journal Voucher is used for

Adjustments Sales Purchase Payment

Question 24: Group means

Collection of Similar Ledgers Collection of Vouchers Collection of Items Collection of Employees

Question 25: Which menu is used for inventory info

Inventory Info Accounts Info Reports Display

Question 26: Salaries Account belongs to

Indirect Expenses Direct Income Direct Expenses Fixed Assets

Question 27: The full form of Tally is

Transactions Allowed in a Linear Line Yards Total Accounting Logical Layer Year There is no full form Transaction Accounting Language

Tally Account

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