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TALLY Test

Total questions: 30

Worksheet time: 15mins

Name
Class
Date
1.
Which shortcut key is used to create a new Company in Tally?
a)
Alt + C
b)
Alt + F3
c)
F11
d)
F12
2.
Cash deposited into the Bank is recorded in which voucher?
a)
Reciept
b)
Payment
c)
Contra
d)
Journal
3.
Which of the following is NOT a predefined group in Tally?
a)
Direct Expenses
b)
Indirect Expenses
c)
Land & Buldings
d)
Sundry Debitors
4.
To record credit purchase of "Office Furniture" (Asset), which voucher is used?
a)
Receipt
b)
Payment
c)
Contra
d)
Journal
5.
What is the shortcut key for "Stock Summary" from the Gateway of Tally?
a)
S
b)
T
c)
O
d)
G
6.
Which functional key is used for "Configuration" in any Tally screen?
a)
F10
b)
F11
c)
F12
d)
Alt + F12
7.
"Salaries Paid" should be entered in which voucher type?
a)
Contra
b)
Receipt
c)
Payment
d)
Journal
8.
I Have Purchase a land and i need to create a leadger, so select the group to be assign for the Land Ledger.
a)
Fixed Assets
b)
Other Assets
c)
Expenses
d)
Other Expenses
9.
In Tally, the "Current Assets" group includes:
a)
Bank Account
b)
Cash-in-hand
c)
Stock-in-hand
d)
All of the above
10.
Which of the following shortcuts is used to delete a voucher or a ledger in Tally?
a)
Shift + Del
b)
Alt + D
c)
Ctrl + D
d)
Ctrl + X
11.
F4 key belongs which voucher
a)
Journal
b)
Contra
c)
Payment
d)
Reciept
12.
What is the shortcut key to change the current date of the transaction in Tally?
a)
F3
b)
F2
c)
F1
d)
Alt + F2
13.
Narration can be entered in which voucher
a)
Payment
b)
Contra
c)
Stock Journal
d)
All The Above
14.
Ledger Means
a)
No of transactions
b)
No of Masters
c)
No of Groups
d)
No of Ledgers
15.

Latest Version Tally Prime 7.1 Released @?

a)

20-May-2026

b)

19-Dec-2025

c)

20-Jun-2026

d)

20-Dec-2025

16.

Which of the following is a type of voucher used for recording sales in Tally?

a)

Receipt

b)

Journal

c)

Sales

d)

Payment

17.

In Tally, which group would you assign to a ledger for 'Office Supplies'?

a)

Direct Expenses

b)

Indirect Expenses

c)

Fixed Assets

d)

Current Assets

18.

What is the shortcut key to view the 'Trial Balance' report in Tally?

a)

F6

b)

F5

c)

Ctrl + T

d)

Alt + T

19.

What is the shortcut key to open the 'Ledger' screen in Tally?

a)

F5

b)

F6

c)

F8

d)

F7

20.

In Tally, which group would you assign to a ledger for 'Utilities Expenses'?

a)

Fixed Assets

b)

Indirect Expenses

c)

Current Liabilities

d)

Direct Expenses

21.

What is the full form of Tally?

a)

Transactions Allowed in a Linear Line Yards

b)

Total Accounting Ledgers Link Yard

c)

Transaction Accounting Ledger Line Year

d)

None of the above

22.

Which voucher is generally used for adjustment entries?

a)

Contra

b)

Journal

c)

Receipt

d)

Sales

23.

IGST generally applies when a transaction is:

a)

Within the same state

b)

Within the same city

c)

Between different states

d)

Cash only

24.

Which report shows outstanding receivables from customers?

a)

Payables

b)

Receivables

c)

Stock Summary

d)

Day Book

25.

Which report shows the financial position of a business?

a)

Profit & Loss A/c

b)

Balance Sheet

c)

Day Book

d)

Stock Summary

26.

Stock Items are created under:

a)

Groups

b)

Stock Categories

c)

Units

d)

Inventory

27.

Which voucher is used to transfer stock between godowns?

a)

Receipt Note

b)

Delivery Note

c)

Stock Journal

d)

Purchase

28.

What is the purpose of a Cost Centre?

a)

Track expenses

b)

Create stock items

c)

Calculate GST

d)

Create companies

29.

TDS stands for:

a)

Total Deduction System

b)

Tax Deposit Scheme

c)

Tax Data Statement

d)

Tax Deducted at Source

30.

What is the basic accounting equation?

a)

Capital = Assets + Liabilities

b)

Assets = Income − Expenses

c)

Assets = Liabilities + Capital

d)

Liabilities = Assets + Capital

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