Welcome to your DFA-I DATE:October 10, 2024 Name of Student 1.Tally package is developed by Peutronics Tally Solutions Coral Softwares Vedika Softwares 2.We can change the Company Information from Company Info > Back up Company Info > Alter Company Info > Split Company Data None of these 3.To change Current Date from Gateway of Tally press the key F1 F5 F2 F9 4.Party account can be created through Group creation window Ledger creation window Inventory creation window Any one of them 5.F12 is known as Company Features Company Configuration Accounting Features None of these 6.A Ledger can't be deleted if it is caring Opening BalanceYour new question! FALSE TRUE 7.The shortcut key to quit from Tally is Ctrl + L Ctrl + P Ctrl + M Ctrl + O 8.The shortcut used to activate calculator is Ctrl + N Ctrl + M Ctrl + A Ctrl + C 9.Manufacturing Journal creates based on Journal Receipt Note Stick Journal Purchase Quotation 10.How many types of Measurement Units we can create in Tally? 2 3 5 Unlimited 11.Multiple Godowns are activated from F11 F11 > F1 F11 > F2 F11 > F3 12.The ------ key can be used to select an existing companyfrom list of companies. F1 ALT+F1 CTRL+F1 None of the above 13.A/An ------------- is the official notice that the firm sendsto its customers to advise then to the amount of money that is owed. Invoice Bill A or B None of the above 14.In tally, we can alter ledger details using either single or multiple modes but not alble to delete a ledger from multiple modes. TRUE FALSE 15.Tally was first released in the year _________. 1988 1981 1991 1974 16.Which of the following is a category or element of the balance sheet? Expenses Gains Liabilities Losses 17.What is the normal balance for an asset account? Debit Credit 18.Amount withdrawn by a proprietor from business for personal use. Capital Drawing Creditors NULL 19.Purchased furniture from Mr. XYZ of Rs.60,000/-' ______ a/c should be debited. Purchase Furniture 20.Accounting is an art of recording ________________ transactions scientifically. Scientific Accounting Political Business 21.A ________ is a statement which shows the list of accountsshowing debit balances and list of accounts showing creditbalances. Trial Balance Balance Sheet Journal NULL 22.Which type of bank account Businessman opens. Saving a/c Current a/c Joint Account NULL 23.When bank column shows credit balance it indicates. Bank Overdraft Normal Bank Balance 24.We can not print Vouchers and Cheque from Tally. True False 25.'Received a interest on bank deposit Rs.1500/- should be credited to _______ a/c. Interest a/c Bank a/c
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