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Past Papers Accounting Entries In Tally ERP MCQs With Answers
1. Which Shortcut key is pressed to view features in Tally ?
A. F10
B. Alt+11
C. F11 (Answer)
D. F12
2. Which of the following can be budgeted in tally ?
A. Net Transactions
B. Closing Balance
C. Closing Balance
D. A and B (Answer)
3. The Profit & Loss statement can be displayed in ........... ..... format(s).
A. Horizontal
B. A or B (Answer)
C. Vertical
D. None of the above
4. Payroll Auto fill is done through
A. Ctrl + A
B. Ctrl + B
C. Alt + A (Answer)
D. Alt + B
5. Input Vat Credit on Capital goods should be defined under
A. Capital Account
B. Duties & Taxes (Answer)
C. Current Liabilities
D. Misc. Expenses (Assets)
6. Which option is used in Tally to make changes in created company ?
A. Select Company
B. Alter (Answer)
C. Shut Company
D. None of these
7. F12 is known as
A. Company Features
B. Company Configuration (Answer)
C. Accounting Features
D. None of these
8. Which shortcut key is pressed and then ‘yes’ is given in “Use Debit/Credit Noted” to post entry in Credit Note and Debit Note in Tally ?
A. Alt+F11
C. F12
C. F11 (Answer)
D. Alt+F12
9. Which shortcut key is pressed for voucher entry or deleting a ledger ?
A. Alt + A
B. Alt + C
C. Alt + X
D. Alt + D (Answer)
10. Where do we record transactions of salary, rent or interest paid ?
A. Contra
B. Receipt
C. Journal
D. Payment (Answer)
