Tally Model question paper
[Link] can pass expenses voucher through purchase voucher ? T/F
[Link] GSTR1 contains details of inward supplies ? T/F
[Link] can not pass accounting adjustment entry thru journal voucher ? T/F
[Link] correct match
[Link] item name [Link] for parallel classification
[Link] unit of measure [Link]
[Link] unit of measure [Link] 32inch LED TV
[Link] category [Link] of 12 Numbers
[Link] paid advance amount of Rs.2,50,000 to ravi contractors ,TDS is applicable for advance payment.? T/F
[Link] correct Match
1. Cash in hand A. Revenue
[Link] in Business B. Liability
[Link] received A/C [Link] Account
[Link] Obligations of Business [Link] A/c
[Link] 1-4-16 Dinesh & Sons sold Goods to Mahesh & Sons @Rs.20,000. on 2-4-16 Mahesh & Sons returnedgoods to Dinesh & Sonsworth
Rs.2,000 in Tally which voucher should be used to record goods returned entry in books of Mahesh &sons
a)credit note b)debit note c)purchase d)contra
[Link] Tally B2C(Large) invoices in GSTR-1 Form captures those invoice value is above
a)5 lacs b)2 lacs c) 2.5 lacs d)3 lacs
[Link] is the function of credit days provided to customer in tally
a).does not allow the user to enter another sales entry for the same customer, if the credit days are due
b)can pay only after due days
c)can pay with out penality
d)none of the above
[Link] reference no. is same to two different sales transactions made to same party, there will be only one pending bill is shown in outstanding?
T/F
[Link] rates can be configured to stock group ? T/F
12. GST registration is not mandatory to e-commerce operator? T/F
[Link] withdrew computer from his business for personal use , computer is a fixed asset, what should be the entry of this transaction
a.)Drawing A/C Dr computer A/C Cr
b.)Computer A/C Dr Drawing Ac Cr
c) none of the above
[Link] is a central Tax ? T/F
15. While recording receipt voucher Rs.20,000 received through cheque , what should be filled in instrument number ?
a) PAN number b)bank A/C number c) cheque number
16.)[Link] a/c in books of Astha traders has been named as Ramprasad & co. It is not possible for Astha traders to print cheque with
[Link] name printed on it while recording payment ? T/F
17) Pradeep has un reconciled balances from last financial year in his books of accounts. It is possible to reconcile them in current finanacial
year ? T/F
18)Stock groups are similar to account groups and are mandatory to create Stock item in Tally ? T/F
19)Raman and Co purchased machinery of Rs.20,50,000and its market value is come down to Rs.18,00,000 at the time of preparing final A/C as
per historical cost concept value should be recorded as________
20)GSTR-1 is sale from one registered dealer to another registered dealer ? T/F
21)To record cash withdrawn from bank for personal use, entry should be passed through?
a)Payment b) Receipt c)Contra d)Receipt Note
22)Bad Debts entry can be passed through ?
a)Journal b)contra c)purchase d) none
23) Ledger for Land & Buildings is created under ___
[Link] assets [Link] assets [Link] account [Link]
24.)Integrated tax can set off against Integrated, Central, State tax ? T/F
25)Match the following
[Link] tax [Link] collected by U.T
[Link] tax B. Tax collected by state govt
[Link] [Link] collected by central govt
[Link] tax [Link] shared by Central and state govt.
26)Match
1. Tax Invoice A. Issued for supply of taxable item
2. Bill of supply [Link]
[Link] Note [Link] of exempted items
[Link] voucher [Link] paid
27) NEFT is used for Electronic Transfer of Funds ? T/F
28)who issues TDS certificate?
[Link] [Link] [Link] tax dept [Link]
29)Is it mandatory for Tax payee/Deductee to furnish his PAN to deductor? T/F
30) TAN Tax deduction and collection Number is ___ digits?
a. 11 b.10 c.13 d.15
31 .Bank charges is direct expenses ? T/F
32 .Due date for filing GSTR1 is 10th of succeeding month? T/F
33)for paying salary and payment of contractors how many TAN numbers are required?
a.1 b.2 c.3. d.4
[Link] ledger account can be allocated to?
[Link] [Link] [Link] asset [Link] asset
[Link] is PAN based ? T/F
[Link] consists of _digits
a.10 b.12 c.14 d.15
