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Computerised Accounting with GST

Total questions: 23

Worksheet time: 21mins

Name
Class
Date
1.

A prenumbered accounting document used for posting daily transactions is called as (a)  

2.

(a)   was the first country to implement the GST in 1954.

3.

GST came into force in India with effect from (a)  

4.

(a)   Accounts are created to identify transactions.

5.

(a)   provides you a report with Debit and Credit balance of all ledger accounts.

6.

contra voucher is used for____________

a)

Master entry

b)

Withdrawal of cash from bank

c)

Reports

d)

Credit Purchase

7.

GST is _____________________type of tax.

a)

Regular

b)

Indirect

c)

Irregular

d)

Direct

8.

Computerised Accounting System is based on the concept of_______________

a)

Database

b)

Software

c)

Hardware

d)

Design

9.

________________is a statement showing assets and liabilities of the business concern.

a)

Trial Balance

b)

Balance sheet

c)

Profit and loss account

d)

Day Book

10.

___________is issued when there is reduction in the price given by supplier.

a)

Credit note

b)

Debit note

c)

Contra Note

d)

Receipt

11.

All Ledger accounts have same group in Computerized Accountig.

a)

True

b)

False

12.

GSTIN is a PAN based registration number.

a)

True

b)

False

13.

For calculating GST on services, accounts only mode should be selected while creating company.

a)

True

b)

False

14.

Goods sold from Mumbai to Pune is example of CGST.

a)

True

b)

False

15.

Contra voucher is used for recording rectifying entries.

a)

True

b)

False

16.

Every voucher maintained its______ and_________record.(Two correct options)

a)

Debit

b)

in

c)

out

d)

credit

e)

open

17.

Codes given to Goods and Services under GST are_________and_________.

a)

HSN

b)

HSC

c)

SSC

d)

SAC

e)

HNS

18.

Types of output reports are_______ and ____________.

a)

balance sheet

b)

ledger

c)

trial balance

d)

Godown

e)

vouchers

19.

______________,_____________ and_______________ ledgers are created under sub group duties and taxes.

a)

HSN

b)

SAC

c)

CGST

d)

IGST

e)

SGST

20.

Following are the valid voucher types used in Tally______.(three correct options)

a)

Trial balance

b)

receipt

c)

balance sheet

d)

sales return

e)

sales

21.

Followings are the correctly matched pairs

a)

Contra - Rectifying entries

b)

Receipt - Amount received by way of cash

c)

Day Book - Contains all vouchers for the day

d)

Trial Balance - Report with debit and credit balance of all ledger accounts

22.

List down the GST exempted for various goods and services.

4 lines
23.

What is Trial Balance and Contra voucher?

4 lines