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Question: 6

Which key is pressed to post entries in double entry accounting system instead of single entry system in Tally.ERP9?

(A) F11

(B) F12

(C) Alt+F11

(D) Alt+F12

Ans: B

F12

Question: 7

Which voucher type is used to transfer amount from one bank to another?

(A) Contra

(B) Payment

(C) Receipt

(D) Post-Dated

Ans: A

Contra

Question: 8

Rs.10, 000 withdrawn from State Bank. In which voucher type this transaction will be recorded?

(A) Payment

(B) Receipt

(C) Contra

(D) Post-Dated

Ans: C

Contra

Question: 9

Where do we record transactions of salary, rent or interest paid?

(A) Contra

(B) Journal

(C) Receipt

(D) Payment

Ans: D

Payment

Question: 10

Where do we record interest received, commission received or rent received in Tally?

(A) Contra

(B) Payment

(C) Receipt

(D) Journal

Ans: B

Payment

Most Welcome