RutronixExams

KERALA RUTRONIX Accounting Tally Time.                      : 2 hours Maximum Marks : 100 Note: Write the answers for Questions from 1 to 30 in the MCQ answer sheet. Part-I Choose the correct answer (10 x 1 Mark = 10 Marks) 1) ................. is also widely referred to as the "language of business" a)  Accounting b) Book-keeping c) Costing d) None of these 2) Which of the following is the accounting equation a) Asset = Capital b) Asset = Capital - Liability c) Asset = Capital + Liability d) None of these 3) in Tally. the shortcut hy iv access calculator is ..…......….… a) Ctrl + N b) Ctrl + M c) Ctrl + C d) None of these 4) A Bank Reconciliation statement is prepared by ....…......... a) Banker b) by Customer c) Debtor d) None of these 5) Recording of transactions in the journal is called .............. a) Posting b) Journalizing c) Balancing d) None of these 6) In T...

KERALA STATE RUTRONIX Tally Short Term Examination ( practical ) Question Code : TA Time                  : 45 Minutes Total                  : 50 marks 1) Create a Company as "Beena industries Ltd." in Tally with inventory management Pass the following Entries: a) April 2015. Beena started "Beena Industries Ltd. by bringing Capital Rs.15, 00,000/- b) 2nd April 2015. He deposited Rs. 10,00,000/- at ICICI Bank c) 3rd April 2015. He paid electricity bill for Rs. 1, 200/- by cash d) 3rd April 2015. He purchased the following item from Computer Lab. Ltd. on credit with 4% Vat rate. ◆ Computer - 10 Nos. - @20000/- each (Bill No:AS12) ◆ Mouse - 20 Nos. - @ 175/-each (Bill No:AD2) ◆ Sound Card - 10 Nos @2000/-cash (Bill No:6001) ◆ 2 GB RAM 12 Nos. @1890/- each (Bill No: H154) ◆ Speakers - 5 Set @2000/-each (Bill No:L45) LCD Monitor - 16 Nos@5400/-each (Bill No:KG541) ◆...

KERALA STATE RUTRONIX Tally (Short Term Course) Time                       : 2 hours Question Code     : TA Maximum Marks : 100 Part I Choose the most appropriate answer (10 x 1 Mark 10 Marks) 1) Drawings account will be closed by transfer to ................. a/c a) Capital b) Suspence c)Loss d) None of these 2) Assets acquired for prolonged use are known as ................. assets a) Current b) Fixed c) Tangible d) Floating 3) The statement of debit and credit balances of account is called a ................. a) Journal b Ledger c)Trial Balance d) None of these 4) In double entry system accounts are mainly classified in to .................. a) TWO b) One c) Four d) Three 5) A ................. is a primary document for recording all financial transactions. a) Ledgers b) Reports c) Vouchers d Groups 6) To use Dr/Cr instead of To/By  during voucher entry pres...

KERALA STATE RUTRONIX Tally (Short Term Course) Question Code:       TA Time:.                       2  hours Maximum Marks  100 Part - I Choose the most appropriate answer (10 x 1 Mark = 10 Marks) 1) Assets which are held for a short period are known as ................ a) Current Assets b) Circulating Assets c) Floating assets d) All of these 2) Withdrawal of goods or cash from the business by the owner for personal use is called ................. a) Drawings b) Withdrawals c) Liability d) None of these 3) The accounting equation is a statement of .................... between the debits and credits. a) Equality b) Difference c) Balance d) None of these 4) in Tally, you can delete a ledger from the alteration mode by using the ................. shortcut key a) Alt+C b) Alt+D c) Alt-Y d) Ctrl+C 5) Journal is a book of ................ entry a...

KERALA STATE RUTRONIX Accounting Tally & Peach Tree (PDCFA) Question code:.       E1 Time:                         2 hours Maximum Marks : 100 (Note: Write the answers for Questions from 1 to 30 in the MCQ answer sheet) Part - I Choose the most appropriate answer (10 x 1 Mark 10 Marks) 1) in Tally Software. which of the following directories stores all the data entered by the user? a) Bin d) Database b) Sub c) Data 2) Which sub menu is used to create new Ledgers, groups and voucher types in Tally? a) Inventory Vouchers b) Accounting Vouchers c) Company Info d) Accounts Info 3) ................... voucher is pure Inventory Voucher a) Payment b) Delivery Note c) Cash Paid Creditor d) Expense 4) The navigation aid of Peach Tree contains a) Sales b) Purchase c) General Ledger d) All of These 5) Closing stock appears in .................. a) Journal Voucher ...

KERALA RUTRONIX (Established by Govt of Kerala) Accounting Tally & Peachtree (PDCFA) Question Code:.         E1 Time:                           2 hours Maximum Marks:    100 (Note: Write the answers for Questions from 1 to 30 in the MCQ answer sheet) Part-I Choose the correct answer (10 x 1 Mark 10Marks) 1) In Tally, you can delete a ledger from the alteration mode by using the ............... shortcut key a) Alt + D b) Alt + Y c) Alt + Del d) None of these 2) Accounting standards are issued by .............. a) ICAI b) IASC c) ICWA d) Accounting Standard Board 3) Peachtree follows ................. accounting method a) Double entry b) Single entry c) Accrual d) Cash 4) A combination of two or more simple journal entries is known as ................ a) Compound entry b) Complex entry c) Combination entry d) None of these 5)...

Accounting Tally & Peach Tree Note: ● These questions are given only to indicate the nature of questions for the Final Examination. ● The Final examination questions will not be confined to the ones in this question bank ● The ATCs may prepare the Question Paper for the Model examination with the questions from this Question Bank Part - I Choose the correct answer (1 Mark each) 1) The valuable things owned by the business are called ..........…..... a) assets b) capital d) none of these 2) Suppliers  are called .............. Peachtree a) Customer b) Vendor c) Creditor 3) Assets which are held for a short period is known as ..............…… a)  current assets b) circulating asset c) both a&b 4) Recording of transactions in the journal is called .............. a) Posting b) Journalizing c) Balancing 5) Gross profit is the difference between .…..…...... a) Sales and Purchase b) Sales and cost of goods sold c) Sales and total c...

Accounting Tally & Peach Tree Note: ● These questions are given only to indicate the nature of questions for the Final Examination. ● The Final examination questions will not be confined to the ones in this question bank ● The ATCs may prepare the Question Paper for the Model examination with the questions from this Question Bank Part - I Choose the correct answer (1 Mark each) 1) The valuable things owned by the business are called ..........…..... a) assets  b) capital  d) none of these 2) Suppliers  are called .............. Peachtree a) Customer  b) Vendor  c) Creditor 3) Assets which are held for a short period is known as ..............…… a)  current assets  b) circulating asset  c) both a&b 4) Recording of transactions in the journal is called .............. a) Posting b) Journalizing c) Balancing 5) Gross profit is the difference between .…..…...... a) Sales and Purchas...

KERALA STATE RUTRONIX Accounting Tally & Peachtree (PDCFA) Question code.     : E1 Time.                      : 2 hours Maximum Marks : 100 (Note: Write the answers for Questions from 1 to 30 in the MCQ answer sheet) Part - I Choose the most appropriate answer (10 x 1 Mark 10 Marks) (1) A person who owes money to the firm is a.............. a) Debtor b) Creditor c) Investor d) Owner 2) P&L account can be displayed through menu in Tally a) File b) Display c) Gateway of Tally  d) Account Info 3) All outstanding come under standing come under .............. group in Tally a) Current Asset  b) Current Liabilities  c) Fixed Asset  d) Both a & b 4) Term Loans and other medium/long-term loan come under ................ group in Tally! a) Unsecured Loan secured Loan  b) Secured Loan  c) L...