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Accounts & MIS_10_April_2020

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

If receptionist of Kamla travels charged Mr. Manish 1650 for 3 tickets from Delhi to Lucknow, so which transaction voucher will be filled?

a)

Payment Voucher

b)

Receipt Voucher

c)

Sale Voucher

d)

Memo Voucher

2.

If we have to make the payment of our telephone bill then which voucher will be used.

a)

Contra

b)

Payment

c)

Journal

d)

Receipt

3.

Mahesh InfoTech purchased the goods of ₹ 5,000/- from a sundry creditor Ramesh, which statement is correct ?

a)

Ramesh is debited by Mahesh InfoTech for ₹ 5,000

b)

Mahesh InfoTech is not debited by Ramesh for ₹ 5,000

c)

Mahesh InfoTech is credited by Ramesh for ₹ 5,000

d)

Ramesh is credited by Mahesh Info Tech for ₹ 5,000

4.

Which is the correct order of accounting cycle ?

a)

Transactions > Ledgers > Journal > Trail Balance > Balance Sheet

b)

Ledgers > Transactions > Journal > Trail Balance > Balance Sheet

c)

Transactions > Journal > Ledgers >Trail Balance > Balance Sheet

d)

Journal > Transactions > Ledgers > Trail Balance > Balance Sheet

5.

Balance sheet display

a)

Entire summary of the all ledger accounts

b)

Balances of all individual account

c)

Bank and cash Balances

d)

Exact financial position of the business on specific date

6.

In each & every entry Debit & Credit balance must be equal

a)

Not necessary in Contra entry

b)

Above statement is true

c)

This is applicable in payment type entries only

d)

None of the above

7.

Duties & Taxes is considered as ___________________ in accounting groups.

a)

Current liabilities

b)

Current assets

c)

Fixed assets

d)

Taxes

8.

While exporting Ledgers from Tally to Web Page, we use

a)

ASCII Format

b)

XML Format

c)

PDF Format

d)

HTML Format

9.

Transfer from Main Cash to Petty Cash/Bank you require to pass voucher

a)

Payment

b)

Contra

c)

Receipt

d)

Voucher

10.

Recording of actual stock as physically verified or counted is done through

a)

Journal

b)

Sales

c)

Stock Journal

d)

Physical Stock

11.

Which shortcut key is pressed to alter a Ledger during voucher entry?

a)

Alt + C

b)

Alt + D

c)

Ctrl + C

d)

Ctrl + Enter

12.

Goods returning to a Creditor after challan but before bill we need to pass

a)

Rejection Note

b)

Rejection In

c)

Rejection Out

d)

Debit Note

13.

We have activated the Interest option in ledger and passed a entry, where we can see the report of Interest calculated for the ledger

a)

Statements of Accounts

b)

Accounts Books

c)

Statement of Inventory

d)

Cash and Fund flow

14.

Which step is followed to view Purchase Register ?

a)

Gateway of Tally → Display → Purchase Register

b)

Gateway of Tally → Display → Account Books → Purchase Register

c)

Gateway of Tally → Account Books → Purchase Register

d)

None of these

15.

The GSTIN consists of 15 digits alpha numeric. Which one is correct ?

a)

Code + Unique code + PAN

b)

State Code + PAN + Unique Code

c)

Country Code + PAN + Business Entity

d)

State Code + PAN + Entity Code