Welcome to your Tally Set - 2 1. Default ledger accounts in tally are Cash and bank Profit & loss and trial balance Cash and profit & loss Balance sheet & profit & loss profit & loss and trial balance None 2. In taxation, TDS stands for Tariff Deduction at Source Tax Deducted at Station Tax Deducted at Source Tax Deviation at Source None 3. Which shortcut key is pressed to view features in tally? Alt+11 F10 F11 F12 None 4. Which option is used to view Stock Items or Group Summary? Display Inventory Books Statutory Books Accounts Books None 5. Amount payable as TDS can be known by which report in Tally? E-Return Form-26 Computation Print Form 16A None 6. _____ is the shortcut to credit note from Accounting Vouchers in Tally. Ctrl+F1 Ctrl+F8 Ctrl+F9 Alt+F1 None 7. For stock journal entry we press _____ in tally. Alt + F7 F7 F10 F11 None 8. Where do we record cash sales in Tally? Contra Journal Receipt Payment None 9. Which of the following shows daily balance for a selected voucher type? Balance Sheet Trial Balance Daybook None of the above None 10. _____ is the shortcut to inventory buttons from Accounting Vouchers in Tally. F7 F9 Ctrl+F1 Alt+F1 None 11. How can data be imported in tally? Depends on number of companies One company to another company created within Tally Package Other programs - a spreadsheet or a database file. Both B and C None 12. _____ is the shortcut to shut a company in Tally. Alt+F1 Alt+F3 Alt+F2 F1 None 13. _____ is the shortcut to receipt note from Inventory Vouchers in Tally. Alt+F6 Alt+F8 Alt+F9 Ctrl+F7 None 14. _____ is the shortcut to Attendance from Payroll Vouchers in Tally. Ctrl+F4 Alt+A Ctrl+F5 Alt+S None 15. Which option is true for viewing Profit & Loss A/C in Gateway of Tally? Gateway of Tally > Account Books > Profit & Loss A/C Gateway of Tally > Reports > Profit & Loss A/C Gateway of Tally > Display > Profit & Loss A/C None of these None 16. Which group [Under] is selected in Input VAT or Output VAT? Duties & Taxes Sundry Creditors Direct Expenses Indirect Expenses None 17. Which shortcut key is used in Company Features Screen to use Statutory & Taxation in Tally? F1 F2 F3 F4 None 18. _____ is the shortcut to journal from accounting vouchers in tally. Alt+F1 Ctlr+F1 F7 F8 None 19. _____ denotes increase in money. Debit Credit Asset Accrual basis None 20. Which shortcut key(s) are used to display list of inventory reports within balance sheet? F8 F11 F9 F10 None 21. How many primary groups are there in Tally? 15 19 28 10 None 22. _____ is the shortcut to Payroll Auto fill from Payroll Vouchers in Tally. Alt+S Alt+A Ctrl+F4 Ctrl+F5 None 23. Which file in tally is used to record the import activity? Tally.dat Tally.imp Tally.ini None of the above None 24. To declare a voucher as post dated press Ctrl + P Ctrl + D Ctrl + T Alt + T None 25. Which option is used to view list of Primary and Secondary groups in Tally? Accounts List List of Accounts None of these None Share this:TweetEmailTelegramPrintWhatsAppLike this:Like Loading... Related Posts (You May Also Read):