0% found this document useful (0 votes)
360 views

Tally Test

This document contains 25 multiple choice questions related to concepts in Tally, including shortcuts, groups, ledgers, and accounting terms like GST. It tests knowledge of how to perform common tasks in Tally such as creating companies, changing accounting periods, recording purchases and sales, and using shortcuts. The questions cover a range of fundamental accounting concepts and the structure and functionality of the Tally software.

Uploaded by

sathish kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
360 views

Tally Test

This document contains 25 multiple choice questions related to concepts in Tally, including shortcuts, groups, ledgers, and accounting terms like GST. It tests knowledge of how to perform common tasks in Tally such as creating companies, changing accounting periods, recording purchases and sales, and using shortcuts. The questions cover a range of fundamental accounting concepts and the structure and functionality of the Tally software.

Uploaded by

sathish kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

Name:

Date:

--------------------------------------------------------------------------------------------------------------------------------------

1.Goods & Service Tax Ledger falls under which Group?


(A) Sales (B) Purchases (C) Indirect Expenses (D) Duties and Taxes

2.The shortcut used for Sales is


(A) F4 (B) F5 (C) F7 (D) F8

3.What is MRP?
(A) Minimum Retail Price (B) Maximum Retail Price(C) Marginal Price
(D) Market Price

4._____ is the shortcut to select a company in Tally.


(A) Alt+F1 (B) Alt+F2 (C) Alt+F3 (D) F1

5.Which option from Company Info. menu is selected to create a new Company in Tally?
(A) Create Company (B) Create (C) New Company (D) Company Create

6.Bank OCC a/c is a group defined under


(A) Loan & Liability (B) Secured Loan (C) Unsecured Loan (D) Bank Account

7._____ is the shortcut to create contra voucher in Tally.


(A) F2 (B) F3 (C) F4 (D) F5

8.Which shortcut key is used to enable Goods and Service Tax?


(A) F1 (B) F2 (C) F5 (D) F11

9.Which option is used in Tally to make changes in created company?


(A) Select Company (B) Shut Company (C) Alter (D) None of these

10.Which menu appears after starting Tally for the first time?
(A) Company Info (B) Gateway of Tally (C) Display (D) None of these

11.Which group [Under] is selected in Input GST or Output GST?


(A) Sundry Creditors (B) Direct Expenses (C) Indirect Expenses
(D) Duties & Taxes

12._____ is the shortcut to change the accounting period from Gateway of Tally.
(A) F1 (B) Alt+F1 (C) Alt+F2 (D) Alt+F3

13.How many groups are pre-defined in Tally?


(A) 15 (B) 19 (C) 28 (D) 30

14._____ is the shortcut for purchase voucher in Tally.


(A) F5 (B) F9 (C) Alt+F4 (D) Alt+F5
15.Which shortcut key is used to shut opened company in Tally?
(A) F1 (B) F3 (C) Alt+F1 (D) Alt+F3

16.Where do we record credit purchase of furniture in Tally?


(A) Journal (B) Receipt (C) Payment (D) Purchase

17.In taxation, GST stands for


(A) goods and services tax
(B) goods and services Transaction
(C) Value Added Transaction
(D) Value Assigned Tax

18._____ is the shortcut to create payment voucher in Tally.


(A) F2 (B) F4 (C) F5 (D) F6

19.In which voucher type credit sales is recorded in Tally?


(A) F5: Payment (B) F6: Receipt (C) F7: Journal (D) F8: Sales

20._____ is the shortcut to create receipt voucher in Tally.


(A) F2 (B) F3 (C) F4 (D) F6

21.Financial year normally ends no?


(A) 31 March (B) 1 April (C) 30 April (D) 31 December

22._____ is the shortcut to shut a company in Tally.


(A) Alt+F1 (B) Alt+F2 (C) Alt+F3 (D) F1

23.How many primary groups are there in Tally?


(A) 15 (B) 19 (C) 20 (D) 28

24.Default ledger accounts in tally are


(A) Profit & loss and trial balance
(B) Cash and bank
(C) Balance sheet & profit & loss profit & loss and trial balance
(D) Cash and profit & loss

25.Financial year begins from?


(A) 31 March (B) 1 April (C) 30 April (D) 31 December

You might also like