Accounting

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Accounting

Cybo Tech Computers, Near Bus Stand Jn, Convent Road, Neyyattinkara. Ph. 9446903873

Name of the Student *

Name of the Course *

------ represents the investment made by the owners in the business? *

1 point

Capital

Income

Asset

Liability

Other:

In tally, ---- is the short cut key to the change date of voucher? *

1 point

The trial balance is ----- *

1 point

A statement

An account

A summary

Voucher

Sales Return also called------ *

1 point

Return in ward

Return outward

Scrap

Purchase

Bank Reconciliation statement is prepared by ----- *

1 point

Banker

Customer

Debtor

Creditor

All operating Expenses are debited in the --- account *

1 point

Trading

P&L

Cash book

Balancesheet

The main window of tally is called ---- *

1 point

Accounts info

Display

Gateway of tally

Create company

---- asset used for selling purpose *

1 point

Fixed asser

Intangible asset

Tangible asset

current asset

All outstanding expenses comes under --- group in tally? *

1 point

Current asset

current liabilities

Fixed assets

Both A&B

---- is called stock items in tally? *

1 point

Product name

billing name

voucher

none of these

Owners draw is called ------? *

1 point

Capital

Drawings

Stock

Payment

cash comes under--- group in tally? *

1 point

cash in hand

cash at bank

current asset

cash

----- key is used to payment voucher? *

1 point

debit means --- in asset? *

1 point

increase

decrease

both a&b

loss

properties capital account is a ----- account? *

1 point

Personal

Real

Nominal

None of these

------ is also widely referred to has the "language of business" *

1 point

accounting

costing

book keeping

none of these

In tally, the short cut key to access the calculator is -----? *

1 point

ctrl+n

ctrl+m

ctrl+g

ctrl+c

Other:

------ involves the direct exchange of goods or services for other goods or services without reference to money or a money value? *

1 point

cash transaction

credit transacation

bank transaction

barter transaction

salary paid to Madhav amount in to 3,000 will be debited to -----? *

1 point

sales a/c

madhav a/c

salaries a/c

cash a/c

Ramesh withdrawals Rs. 2,000 cash from his sbt bank current account. In the book of ramesh it is a case of -----? *

1 point

increase in one asset and decrease in another asset

increase in one liability and decrease in one asset

increase in one liability and decrease in one asset.

none of these

personal accounts deals the account of ----? *

1 point

natural persons

artifical persons

representative persons

none of these

In tally, to email the report ----- key combination is used ? *

0 points

alt+m

alt+l

alt+r

alt+n

----- is prepared to check the arithmetical accuracy of books of account? *

1 point

balancesheet

trail balance

trading account

P&L

the amount invested by the proprietor is called ----? *

1 point

capital

drawings

liability

stock

----- is voucher is used for adjustment entries in tally? *

1 point

receipt voucher

payment voucher

journal voucher

contra voucher

---- is used to delete a company in tally? *

1 point

alt+f

alt+n

alt+g

alt+d

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