part 2

part 2
20問 • 2年前
  • Praveen Raj
  • 通報

    問題一覧

  • 1

    Which of the following items appear on the debit side of the Profit & Loss A/c?

    Gross Loss, Indirect Expenses

  • 2

    The purpose of preparing a Trial Balance is to ensure the entries maintained in the company books are mathematically correct.

    True

  • 3

    '(Alt+K) : Company' option from Gateway of Tally is used to Alter the company in Tally Prime.

    True

  • 4

    __________ is the amount of money or money's worth invested into the business by Owner of company.

    Capital

  • 5

    What is the 'Double Entry System' of Accounting?

    Debit and Credit determining system

  • 6

    What are the major advantages of accounting software over manual accounting?

    Time saving, Arithmetical accuracy

  • 7

    Mr. Naresh has created a party ledger as Vani Solutions and grouped it under Sundry Debtors. Mr.Naresh realized that the account group selected while creating the ledger was incorrect, hence he wanted to change the Group to Sundry Creditors. Which of the following option is used to edit the ledger and select the correct account group in TallyPrime?

    Ledger Alteration

  • 8

    A chart of accounts is a listing of the name of the accounts, which is used to record the day to day business transactions.

    True

  • 9

    In TallyPrime, which of the following option is a 'Profit & Loss A/c' item?

    Direct Expenses

  • 10

    One of the accounting principles of the double-entry system is 'for every debit, there is a corresponding credit for an equal amount'.

    True

  • 11

    Which of the following does not belong to the accounting terminology?

    Partnership

  • 12

    Once the company is created, which of the following ledgers are available by default in TallyPrime?

    Cash A/c and Profit and Loss A/c

  • 13

    In a newly created company, there are two pre-defined stock items in Tally Prime.

    False

  • 14

    Which of the following option is not a part of the Business Entity concept of Accounting?

    Matching Entity Concept

  • 15

    What is the navigation path for creating multiple stock items in TallyPrime?

    Gateway of Tally > Chart of Accounts > Stock Items > (Alt+H) Multi Masters

  • 16

    In TallyPrime, in a newly created company, there are 28 Pre-defined Groups and 2 Pre-defined Ledgers.

    True

  • 17

    As per the accounting rule, Revenue/Income and Non Revenue/Expenses are the Balance Sheet elements.

    False

  • 18

    Electronic Enterprises paid 25,000 to Sagar Electronics by Kotak Bank vide cheque no 100001, for the credit purchase made earlier. Refer the above given transaction and find out which of the following types of accounts are involved?

    Sagar Electronics - Liability, Kotak Bank - Assets

  • 19

    While recording the journal voucher, the debit and credit amounts are transferred to respective ledger accounts.

    True

  • 20

    Lakshmi Enterprises Pvt.Ltd purchased the Machinery for 20,000 on cash. Find out the 2 ledger which is involved for recording the Transaction in the books of Lakshmi Enterprises?

    Machinery, Cash

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    問題一覧

  • 1

    Which of the following items appear on the debit side of the Profit & Loss A/c?

    Gross Loss, Indirect Expenses

  • 2

    The purpose of preparing a Trial Balance is to ensure the entries maintained in the company books are mathematically correct.

    True

  • 3

    '(Alt+K) : Company' option from Gateway of Tally is used to Alter the company in Tally Prime.

    True

  • 4

    __________ is the amount of money or money's worth invested into the business by Owner of company.

    Capital

  • 5

    What is the 'Double Entry System' of Accounting?

    Debit and Credit determining system

  • 6

    What are the major advantages of accounting software over manual accounting?

    Time saving, Arithmetical accuracy

  • 7

    Mr. Naresh has created a party ledger as Vani Solutions and grouped it under Sundry Debtors. Mr.Naresh realized that the account group selected while creating the ledger was incorrect, hence he wanted to change the Group to Sundry Creditors. Which of the following option is used to edit the ledger and select the correct account group in TallyPrime?

    Ledger Alteration

  • 8

    A chart of accounts is a listing of the name of the accounts, which is used to record the day to day business transactions.

    True

  • 9

    In TallyPrime, which of the following option is a 'Profit & Loss A/c' item?

    Direct Expenses

  • 10

    One of the accounting principles of the double-entry system is 'for every debit, there is a corresponding credit for an equal amount'.

    True

  • 11

    Which of the following does not belong to the accounting terminology?

    Partnership

  • 12

    Once the company is created, which of the following ledgers are available by default in TallyPrime?

    Cash A/c and Profit and Loss A/c

  • 13

    In a newly created company, there are two pre-defined stock items in Tally Prime.

    False

  • 14

    Which of the following option is not a part of the Business Entity concept of Accounting?

    Matching Entity Concept

  • 15

    What is the navigation path for creating multiple stock items in TallyPrime?

    Gateway of Tally > Chart of Accounts > Stock Items > (Alt+H) Multi Masters

  • 16

    In TallyPrime, in a newly created company, there are 28 Pre-defined Groups and 2 Pre-defined Ledgers.

    True

  • 17

    As per the accounting rule, Revenue/Income and Non Revenue/Expenses are the Balance Sheet elements.

    False

  • 18

    Electronic Enterprises paid 25,000 to Sagar Electronics by Kotak Bank vide cheque no 100001, for the credit purchase made earlier. Refer the above given transaction and find out which of the following types of accounts are involved?

    Sagar Electronics - Liability, Kotak Bank - Assets

  • 19

    While recording the journal voucher, the debit and credit amounts are transferred to respective ledger accounts.

    True

  • 20

    Lakshmi Enterprises Pvt.Ltd purchased the Machinery for 20,000 on cash. Find out the 2 ledger which is involved for recording the Transaction in the books of Lakshmi Enterprises?

    Machinery, Cash