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Tally Prime Ledger Group Quiz

Authored by Undabatla Rambabu

Financial Education

University

Used 3+ times

Tally Prime Ledger Group Quiz
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75 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Tally Prime, the ledger Cash is created under which group?

Sundry Debtors

Cash-in-Hand

Bank Accounts

Capital Account

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ledger Bank of India is created under which group?

Sundry Creditors

Cash-in-Hand

Bank Accounts

Capital Account

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ledger Capital Account is created under which group?

Loans (Liability)

Capital Account

Reserves & Surplus

Current Liabilities

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ledger Salaries is created under which group?

Direct Expenses

Indirect Expenses

Indirect Income

Current Liabilities

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ledger Wages is created under which group?

Indirect Expenses

Direct Expenses

Indirect Income

Loans (Asset)

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ledger Rent Paid is created under which group?

Indirect Expenses

Direct Expenses

Fixed Assets

Current Liabilities

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ledger Sales is created under which group?

Indirect Income

Direct Incomes

Current Assets

Sundry Debtors

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