Top 150+ Solved Computerized Accounting Software MCQ Questions Answer
Q. Debit Note is used for
a. Sales Return
b. Purchase Return
c. Purchase Return only
d. None of the above
Q. A ‘Debit note’ is a statement sent to the ------------- by the ----------------
a. Seller, buyer
b. Buyer, seller
c. Customer, seller
d. Creditor, seller
Q. A ‘credit note’ is sent by------------- to ----------------
a. Seller, buyer
b. Buyer, seller
c. Customer, seller
d. Creditor, seller
Q. The rate of trade discount varies with the ----------- purchased
a. Total asset
b. Current asset
c. Quantity
d. None of these
Q. ‘Inventory books’ is used to view
a. Stock Items
b. Group Summary
c. Both A and B above
d. None of these
Q. A............. serves the purpose of both journal and ledger accounts
a. Journal proper
b. Purchase day book
c. Cash book
d. Any of the above
Q. Trial balance is prepared on............ basis
a. Monthly
b. Annually
c. Half yearly
d. Any of the above.
Q. Salary Account comes under which head?
a. Indirect Incomes
b. Indirect Expenses
c. Direct Incomes
d. Direct Expenses
Q. Which option is used to view list of Primary and Secondary groups in Tally?
a. List of Accounts
b. Accounts
c. List
d. None of these
Q. Which ledger is created by Tally automatically as soon as we create a new company?
a. Cash
b. Profit & Loss A/c.
c. Capital A/
d. A and B both