TallyTally(1)Who is a Managing Director (MD) of Tally ? Bharat GoenkaBharti GoenkaBharat AgrawalBharat GoenkaTallyTally(2)What is Tally ? Application SoftwareAccounting,Inventory and Payroll Management SoftwareProgramming SoftwareAccounting,Inventory and Payroll Management SoftwareTallyTally(3)What is GST ? Goods and Supply TaxGoods and Simple TaxGoods and Service TaxGoods and Service TaxTallyTally(4)In which Year the GST has been brought ? 2016201720182017TallyTally(5)Which is the right steps for Create Ledgers . . . . ? Account Info -> Ledgers -> CreateInventory Info -> Ledger -> CreateDisplay -> Account Books -> Ledgers -> CreateAccount Info -> Ledgers -> CreateTallyTally(6)Deposited Cash into the Bank, which Function Key is use ? F5 PaymentF7 JournalF4 ContraF4 ContraTallyTally(7)Choose correct steps for activation of Goods and Service Tax ? Gateway Of Tally -> F11:Company Features -> F3:Statutory and Taxation Gateway Of Tally -> F11:Company Features -> F1:Accounting FeaturesGateway Of Tally -> F12: Configuration -> Accts/Inventory InFoGateway Of Tally -> F11:Company Features -> F3:Statutory and Taxation
TallyTally(8)Which kind of Tax is GST ? Direct TaxIndirect TaxDepends on the type of goods and servicesIndirect TaxTallyTally(9)How many Predefined Groups are available in Tally.ERP9 ? 28183828TallyTally(10)Alt + Delete is use to Delete the Ledger ? TrueFalseNone of AboveFalseTallyTally(11)Purchase Stationary from Marshel Stationary on credit, What will be the group given to "Marshel Stationary" ? Sundry DebtorsSundry CreditorsIndirect ExpensesSundry CreditorsTallyTally(12)Alt + C is not use for Ledger Alteration ? TrueFalseAll of AboveTrueTallyTally(13)Profit and Loss A/c comes under ....... Group ? Indirect ExpensesIndirect IncomePrimaryPrimaryTallyTally(14)Where you can Create Voucher Types ? Accounts InfoAccounting VouchersVoucher EntryAccounts InfoTallyTally(15)Can you Delete Voucher Types after pass an Transaction ? YesNoAll Of AboveNoTallyTally(16)Loan Taken from Alok Sharma, Which Group we give to Alok Sharma ? Bank OCC/ODUnsecured LoanLoan and AdvanceUnsecured LoanTallyTally(17)What is the GST Rate on Rent Service? 18 %12 %28 %18 %TallyTally(18)State the right step for Group Creation? Accounts Info -> Ledgers -> CreateAccounts Info -> Groups -> CreateAccounts Info -> Voucher Types -> CreateAccounts Info -> Groups -> CreateTallyTally(19)If you want to Cancel any Voucher entry which Shortcut Key used ? Alt + DAlt + XCtrl + XAlt + XTallyTally(20)How many Predefined Voucher Types are available in Tally.ERP9 ? 18222022TallyTally(21)Mr. Kunj Withdraw cash for Personal Use, What will be the Entry pass for the transaction ? Mr. Kunj Bajaj Capital A/c to Mr. Kunj Bajaj Drawing A/cMr.Kunj Capital A/c to Cash A/cMr. Kunj Drawing A/c to Cash A/cMr. Kunj Drawing A/c to Cash A/cTallyTally(22)Paid Insurance Expenses, Which Function Key is use ? F5 PaymentF6 ReceiptF7 JournalF5 PaymentTallyTally(23)Security Deposite-Phone Comes Under..... ? Indirect ExpensesDeposits (Asset)Fixed AssetsDeposits (Asset)TallyTally(24)What is full form of CGST? Center Goods and Service TaxCentral Goods and Service TaxCash Goods and Service TaxCentral Goods and Service TaxTallyTally(25)If your firm annual turnover is below 20 lakhs what will be your registration type according to GST rule ? Regular DealerRegistered DealerUnregistered DealerUnregistered DealerTallyTally(26)Give the step to view Trial Balance ? Gateway of Tally -> Trial BalanceGateway of Tally -> Accounts InfoGateway of Tally -> Display > Trial BalanceGateway of Tally -> Display -> Trial BalanceTallyTally(27)While creating the Ledger CeA Fees which option is set "Applicable" ? Is GST ApplicableSet/alter GST DetailsEnable Goods and Service TaxIs GST ApplicableTallyTally(28)Where is the activation to view Party Details screen in transaction ? F11: Company FeaturesF3: Statutory and TaxationF12: ConfigurationF12: ConfigurationTallyTally(29)From which date the Goods and Service Tax is Applicable in India? 1st April 20171st July 20171st January 20181st July 2017TallyTally(30)Start up kit and Certificates Ledger Comes Under...... ? Indirect ExpensesDeposit AssetsCurrent AssetsCurrent AssetsTallyTally(31)Goods and Service Tax Registration number is of . . . . Digit Alpha Numeric Number ? 10 Digit15 Digit12 Digit15 DigitTallyTally(32)M.E. Fees comes under..... ? Indirect IncomeDirect IncomeDirect ExpensesDirect IncomeTallyTally(33)Mr.Kunj started a new batch of M.E.and Received Registration fees from Nayan of Rs. 1,500/-which two vouchers can be use for the entry ? F6: T.P Receipt and F7: Journal VoucherF6: M.E. Receipt and F7: Journal VoucherF6: M.E. Receipt and F6: T.P. Rceipt VoucherF6: M.E. Receipt and F7: Journal VoucherTallyTally(34)Electrical Fittings Comes Under..... ? Deposit AssetsCurrent AssetsFixed AssetsFixed AssetsTallyTally(35)Which Main Feature Implemented in Version 7.2 ? Service Tax VATPayrollVATTallyTally(36)Mr. Kunj Deposited the Collection of Fees Rs.50,000/- in State Bank of India A/c, What will be the entry for the transaction ? Petty Cash To State Bank of India A/cState Bank of India A/c To CashCash To State Bank of India A/cState Bank of India A/c To CashTallyTally(37)Which Tax type is selected to the ledger Output SGST ? Service TaxState TaxCentral TaxState TaxTallyTally(38)T.P 1.30pm to 3.00pm Group Comes Under ? Sundry Debtors1.00pm to 3.00pm1.30pm to 3.00pm1.30 to 3.00TallyTally(39)Withdraw cash from Bank for Office use , Which function key is used ? F5 PaymentF4 ContraF7 JournalF4 ContraTallyTally(40)Salary Advance comes under..... ? Loans and AdvancesCurrent AssetsBothBothTallyTally(41)Which function key is use for Provision Entries ? F5 PaymentF6 ReceiptF7 JournalF7 JournalTallyTally(42)How many companies you can create in one Folder of Tally ? 99999999Unlimited99999TallyTally(43)On which date all Provision entries are recorded ? 30th September31st MarchBothBothTallyTally(44)What will be the Provision entry for Rent Expenses ? Rent Expenses To Rent Expenses PayablesRent Expenses To Cash A/cRent Payable To Rent ExpensesRent Expenses To Rent Expenses PayablesTallyTally(45)Prepaid Insurance Comes Under..... ? Current LiabilitiesIndirect ExpensesCurrent AssetsCurrent AssetsTallyTally(46)Rs.7,200 paid for 01.06.2017 to 30.11.2017, Calculate the Prepaid Amount till 30.09.2017 ? Rs.4,800Rs.1,200Rs.2,400Rs.2,400TallyTally(47)While creating the Voucher Type of T.P. Receipt, what is under type of Voucher ? ReceiptT.P. ReceiptM.E. ReceiptReceiptTallyTally(48)To view the Stat Payment screen ______ key is used? Alt + SALt + VAlt + AAlt + STallyTally(49)Depreciation A/c Ledger Comes under..... ? ProvisionIndirect ExpensesFixed AssestsIndirect ExpensesTallyTally(50)What is the right steps to view GSTR1 Report ? Gateway of Tally -> Display -> Statutory Reports -> GST -> GSTR1 Gateway of Tally -> Display -> GST -> GSTR1Gateway of Tally -> Display -> GST -> Statutory Reports -> GSTR1Gateway of Tally -> Display -> Statutory Reports -> GST -> GSTR1TallyTally(51)M.E. Receipt Voucher and T.P.Receipt Voucher are same ? TrueFalseNo IdeaTrueTallyTally(52)Pass the necessary Journal Voucher for Transfer balance of Mr. Kunj Bajaj Drawing A/c to Mr. Kunj Bajaj Capital A/c ? Mr. Kunj Bajaj Drawing A/c to Mr. Kunj Bajaj Capital A/cMr. Kunj Bajaj Withdraw A/c To CashMr. Kunj Bajaj Capital A/c To Mr. Kunj Bajaj Drawing A/cMr. Kunj Bajaj Capital A/c To Mr. Kunj Bajaj Drawing A/cTallyTally(53)While Transfering Profit to Capital A/c, Profit and Loss A/c Should be Credited ? TrueFalseBothFalseTallyTally(54)Can you delete all Predefined Ledger in Tally.ERP9. ? TrueFalseNo IdeaTrueTallyTally(55)State the Step to view Profit and Loss Statement ? Gateway of Tally -> Profit and Loss A/c -> DisplayGateway of Tally -> Display -> Profit and Loss A/cNone of AboveNone of AboveTallyTally(56)IPD Fees Comes Under..... ? Indirect ExpensesIndirect IncomesSundry DebtorsIndirect IncomesTallyTally(57)Is GST applicable on Salary Expenses? YesNoSome TimeNoTallyTally(58)Can you enter Voucher Number Manually in Voucher Entry ? YesNoSome TimeYesTallyTally(59)Give the step of Voucher Type Creation/ Alteration ? Accounts Info -> Vouhcher Type -> Create/ AlterDisplay -> Voucher Type -> Create/ AlterAccounting Voucher -> Create/ AlterAccounts Info -> Vouhcher Type -> Create/ AlterTallyTally(60)What is the full form of GSTR? Goods and Service Tax ReportGoods and Service Tax ReturnGoods and Service Tax RuleGoods and Service Tax ReturnTallyTally(61)In which year GST was first introduced in India ? 2000200220172000TallyTally(62)Can you save Company Creation screen by using Alt + A ? YesNoSome TimeNoTallyTally(63)Which shortcut key is used for Repeat Narration ? Ctrl + VAlt + RCtrl + RCtrl + RTallyTally(64)In IGST, I stands for? Internal IntraIntegratedIntegratedTallyTally(65)Received cheque of SBI Bank for Rs. 10,000/- by Sundry Debtors, Which function key is use ? F4 ContraF5 PaymentF6 ReceiptF6 ReceiptTallyTally(66)Where you see Pending Amount of Student ? Display -> Account Books -> LedgersDisplay -> Statements of Accounts -> Outstandings -> LedgersBothBothTallyTally(67)Which Shortcut key used for Copy Text from Tally.ERP9 ? Alt + CCtrl + CCtrl + Alt + CCtrl + Alt + CTallyTally(68)Which Shortcut key used for Paste Text in Tally.ERP9 ? Ctrl + PCtrl + Alt + VCtrl + VCtrl + Alt + VTallyTally(69)Which Shortcut Key is Used to Add Voucher from Daybook ? Alt + ACtrl + AAlt + VAlt + ATallyTally(70)Purchase Computer P4 on Credit from Ujwal Computer,Which Function key is use for this Entry ? F9 PurchaseF5 PaymentF7 JournalF7 JournalTallyTally(71)You can't create Groups while making Vouchers ? TrueFalseBothFalseTallyTally(72)Which two Ledgers are available default created in Tally.ERP9 ? Cash and Bank A/cCash and Profit and Loss A/cProfit and Loss A/c and Bank A/cCash and Profit and Loss A/cTallyTally(73)Which voucher you can use for Refund amount to Student for discontinued of Course ? F5 PaymentF6 ReceiptF7 JournalF7 JournalTallyTally(74)While passing the Transaction how many Format we have learn ? 2 Format1 Format3 Format2 FormatTallyTally(75)To Quit the Screen in Tally which is the Shortcut Key ? Alt + QCtrl + QAlt + Ctrl + QCtrl + QTallyTally(76)Mrs.Shilpa appointed Rupesh as a faculty on a monthly Salary of Rs.5000/- give the Necessary Journal Entry ? Salary Expenses To Cash A/cRupesh To Cash A/cNone of AboveNone of AboveTallyTally(77)CGST and SGST will be levied on? Intra-state SupplyInter-state SupplyImportIntra-state SupplyTallyTally(78)Which of the following Tax in not applicable under GST ? 5 %12 %25 %25 %TallyTally(79)Medical Accessories comes under..... ? Current AssetsIndirect ExpensesFixed AssetsFixed AssetsTallyTally(80)Purchase B.P. Machine from Vijay Surgical of Rs. 50,000/- Which Function Key is use for the entry ? F9 PurchaseF5 PaymentF7 JournalF7 JournalTallyTally(81)Where You can see total number of Vouchers or Ledgers or Groups used,Select the right steps ? Display -> Statement of Accounts -> StatisticsDisplay -> Account Books -> StatisticsDisplay -> Day BookDisplay -> Statement of Accounts -> StatisticsTallyTally(82)You can't see Group summary by using Trial Balance ? TrueFalseNo IdeaFalseTallyTally(83)Select the Wrong option from the following ? Goods and Service Tax Activation is in Statutory and Taxation F11 Features and F12 Configurations are not SameYou can Delet any Voucher Type after making entry in itYou can Delet any Voucher Type after making entry in itTallyTally(84)Which option is set yes Invoice Mode in Sales voucher ? Activate InvoicingEnable InvoicingMaintain InvoicingEnable InvoicingTallyTally(85)Without entering Voucher Number can you Save the Voucher ? YesNoNo IdeaNoTallyTally(86)In GSTIN/UIN, UIN stands for ? Unique Identification NumberUndefined Identification NumberUnion Identification NumberUnique Identification NumberTallyTally(87)At the time of creation of any Masters Name and Alise both are use same ? TrueFalseNo IdeaTrueTallyTally(88)Formula for Depreciation ? Depriciation = Assets Value x Rate/100Depriciation = Computer Value x RateDepriciation = Assets Value x Useful LifeDepriciation = Assets Value x Rate/100TallyTally(89)Without Ledger can you enter Voucher entry ? YesNoNo IdeaNoTallyTally(90)Where you can display effect of Voucher entry ? In Display -> Day BookIn Display -> Trial BalanceBothBothTallyTally(91)Is Bank ODD and Bank OCC are same Groups ? TrueFalseBothTrueTallyTally(92)How many Features do you get in F11 in Vol I ? 4322TallyTally(93)I Module Is Based on ? Non Trading OrganisationTrading OrganisationManufacturing OrganisationNon Trading OrganisationTallyTally(94)Which shortcut key is use to Activate Calculator ? Alt + NCtrl + NCtrl + CCtrl + NTallyTally(95)What is the GST rate on Electricity? 28 %Exempt18%ExemptTallyTally(96)Which shortcut key is use to select All Vouchers from Daybook ? SpaceAlt + SpaceCtrl + SpaceCtrl + SpaceTallyTally(97)Which main Feature Implemented in version 8.1. ? Print InvoiceMultillingualPayrollMultillingualTallyTally(98)Which Group is given to Registration Fees ?Indirect IncomeIndirect ExpensesDirect IncomeIndirect IncomeTallyTally(99)Which Company has Invented Tally Software and which Year ? Tally.ERP9 Private Pvt Ltd(1988)Tally Software Pvt Ltd(1989)Tally Solution Pvt Ltd(1988)Tally Solution Pvt Ltd(1988)TallyTally(100)In which State the Goods and Service Tax is not Applicable ? GujratJammu and KashmirKarnatakJammu and Kashmir