Top 50+ Solved Tally MCQ Questions Answer
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/c
d. A and B both
Q. Which option is used to make changes in created Groups of Ledgers in Tally
a. Create
b. Display
c. Alter
d. Change
Q. Which voucher type is used to transfer amount from one bank to another
a. Contra
b. Payment
c. Receipt
d. Post-Dated
Q. Rs.20,000 withdrawn from State Bank. In which voucher type this transaction will be recorded
a. Payment
b. Receipt
c. Contra
d. Post-Dated
Q. Where do we record transactions of salary, rent or interest paid
a. Contra
b. Journal
c. Receipt
d. Payment
Q. Where do we record interest received, commission received or rent received in Tally
a. Contra
b. Payment
c. Receipt
d. Journal
Q. Where do we record credit purchase of furniture in Tally
a. Purchase
b. Payment
c. Receipt
d. Journal
Q. Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally
a. Journal
b. Payment
c. Contra
d. Receipt
Q. Which of the following equation is true for balance sheet
a. Assets = Liabilities +Capital
b. Liabilities = Assets ? Capital
c. Capital = Assets ? Liabilities
d. All of these
Q. Which unit is created for stock items like grain, pulse, sugar, oil, ghee etc.
a. Lts
b. Nos
c. Kgs
d. Box