Take Exam - Tally Account

Question 1: Prepaid Rent is

Asset Expense Liability Income

Question 2: Stock Group defines

Category of Items Ledger Type Voucher Type Account Type

Question 3: Closing stock appears in

Balance Sheet Trial Balance Profit and Loss Journal

Question 4: Journal Voucher is used for

Adjustments Sales Purchase Payment

Question 5: Which key is used for calculator in Tally

Ctrl+N Ctrl+M Alt+C Alt+N

Question 6: F9 in Tally is used for

Purchase Voucher Sales Voucher Receipt Voucher Payment Voucher

Question 7: Shortcut for Accounting Vouchers is

F7 F5 F11 F12

Question 8: To activate Calculator pane press

Ctrl+N F12 F11 Alt+F1

Question 9: Stock Item means

Product in Business Ledger Voucher Group

Question 10: F5 in Tally is used for

Payment Voucher Purchase Voucher Journal Sales

Question 11: Debit Note is used for

Purchase Return Sales Return Income Receipt

Question 12: Outstanding Salary is

Liability Asset Expense Income

Question 13: The default base currency in Tally is

INR USD GBP EUR

Question 14: Payroll process involves

Attendance and Salary Stock Tax Discount

Question 15: Alt+R is used to

Restore Deleted Remove Report Rewrite Data Refresh

Question 16: Shortcut to delete a voucher is

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

Question 17: Account Books include

Ledger and Journal Payroll Stock Summary Cost Centre

Question 18: To quit company press

Alt+F1 Alt+F3 Ctrl+Q Esc

Question 19: Which voucher records adjustment entries

Journal Contra Payment Receipt

Question 20: To deactivate Calculator pane press

Ctrl+M Ctrl+N Alt+F1 F2

Question 21: Outstanding Income are

Assets Liabilities Expense Capital

Question 22: Credit balance means

Payable Receivable Expense Asset

Question 23: Which menu shows financial statements

Display ? Statements Gateway ? Display Accounts Info None

Question 24: To define financial year date press

F2 Alt+F2 F3 F11

Question 25: Delivery Note is a

Inventory Voucher Accounting Voucher Payment Voucher None

Question 26: To export data press

Alt+E Ctrl+E F11 F12

Question 27: Which voucher records bank deposits

Receipt Payment Contra Journal

Question 28: Commission Received is

Income Expense Liability Asset

Question 29: F11 is used for

Features Configuration Reports Calculator

Question 30: Shortcut key for Payment Voucher

F5 F4 F6 F7

Tally Account

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