Bank OCC a/c is a group defined under
1.Loan & Liability
2.Secured Loan
3.Unsecured Loan
4.Bank Account
Branch/Division is a group defined under
1.Assets
2.Expenditure
3.Income
4.Liabilities
Find out which is not a Default Ledger in Tally.
1. Profit & Loss
2. Cash in Hand
3. Capital Account
4.All of these
How many formats are available while exporting?
1. 2
2.3
3.4
4.5
How many secondary groups are there in Tally?
1.13
2.15
3.22
4.28
How many types of measurement units we can create in Tally?
1.1
2.2
3. 3
4. 4
In which voucher type credit purchase entry is posted in Tally?
1.F5:Payment
2. F6:Receipt
3. F7:Journal
4. F9:Purchase
In which voucher type entry is done for TDS calculations?
1.F4:Contra
2. F5:Payment
3.F6:Receipt
4.F7:Journal
Income Tax number of the Company will appear in which report?
1.Payment voucher
2.Reminder Letter
3. Profit and Loss A/c
4.Cash/Bank Book
Input Vat Credit on Capital goods should be defined under
1.Duties & Taxes
2. Misc. Expenses ( Assets)
3.Current Liabilities
4.Capital Account
MRP formula for inclusive of vat is
1. {vat%*(MRP * QTY)}/100
2. (50*rate of vat)/(100+rate of vat)
3.(100*rate of vat)/(100+rate of vat)
4. Both a and b
Predefined Billing terms can be maintained through
1.Stock Categories
2.Maintain Multiple Godowns
3. Cost center
4. Voucher Class
TDS deduction entry can be made through
1. Journal voucher
2.Payment Voucher
3.Receipt Voucher
4. All of these
The shortcut used for Optional vouchers is
1.Ctrl + A
2.Ctrl + L
3.Ctrl + N
4.Ctrl + M
To active MRP feature from Gateway of Tally initially we need to press
1. F10
2.F11
3.F12
4.Alt + F1
To alter a master while making an entry or viewing a report
1.Ctrl + Enter
2.Tab + Enter
3. Shift + Enter
4.Alt + Enter
To remove a line at all reports screen, shortcut is
1.Alt + R
2. Alt + S
3. Alt + 1
4. Alt + T
Trial balance is prepared on _____ basis.
1.Monthly
2.Annually
3.Half yearly
4.Any of the above
Voucher Class for Interest calculation created based on
1.Debit and Credit Note
2. Journal Voucher
3. Receipt and payment Voucher
4.Both a and b
What is MRP?
1.Minimum Retail Price
2.Maximum Retail Price
3.Marginal Price
4.Market Price
Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally?
1.Receipt
2.Contra
3.Journal
4.Payment
Which group [Under] should be selected for TDS on Advertisement A/C?
1.Indirect Expenses
2. Indirect Incomes
3.Sundry Creditors
4.Duties and Taxes
Which key is pressed to go to Gateway of Tally from company Info. Menu?
1.Ctrl
2.Enter
3.Alt
4.Esc
Which key is used to post entry in Debit Note in tally?
1. Ctrl+F8
2.Ctrl+F9
3. F7
4.F8
Which option is used to make changes in created Groups of Ledgers in Tally?
1.Alter
2.Create
3.Display
4.Change
Which option is used to print From 16A of TDS?
1.Gateway of Tally → Display → Statutory Report → TDS Reports → Return → Print Form 16 A
2. Gateway of Tally → TDS Reports → Return → Print Form 16 A
3.Gateway of Tally → Return → Print Form 16 A
4.Gateway of Tally → StatutoryReport → Return → Print Form 16A
Which Shortcut key is pressed to create a new company in Tally?
1. Alt+F3
2. Alt+F2
3.F2
4.F3
Which shortcut key is used for Select Company in Tally?
1.F1
2.F3
3.Alt+F1
4.Alt+F2
Which shortcut key is used to enable Value Added Tax?
1.F1
2. F2
3.F5
4. F11
Which shortcut key is used to export data of any company in Microsoft Excel spreadsheet or in any other company?
1.Alt+P
2.Alt+S
3. Alt+O
4.Alt+E
Which shortcut key is used to view configure in Tally?
1.Alt+F9
2.F10
3. F11
4. F12
Which step is followed to view Purchase Register?
1.Gateway of Tally → Display → Account Books → Purchase Register
2. Gateway of Tally → Account Books → Sales Register
3.Gateway of Tally → Display → Sales Register
4.None of these
While exporting Ledgers from Tally to Web page, we use
1. ASCII Format
2. HTML Format
3. SDF Format
4.XML Format
_ is the shortcut to create contra voucher in Tally.
1.F2
2. F3
3. F4
4. F5
_ is the shortcut to purchase voucher from Accounting Vouchers in Tally.
1.F8
2.F9
3. Alt+F1
4. Ctrl+F1
_ is the shortcut to select a company in Tally.
1.Alt+F1
2.Alt+F2
3.Alt+F3
4.F1
__ is the shortcut to sales order from Payroll Vouchers in Tally.
1.Ctrl+F4
2. Ctrl+F45
3.Alt+F4
4. Alt+F5
__ is the shortcut to stock journal from inventory Vouchers in Tally.
1.Alt+F4
2.Alt+F5
3.Alt+F7
4.Alt+F10
___ gives the balance for each day for the voucher type has been selected.
1.Trial Balance
2.Balance Sheet
3.Daybook
4. None of the above
___ is the shortcut to indent from Inventory Vouchers in Tally.
1.Ctrl+F7
2. Alt+F6
3.Alt+F8
4.Alt+F8