Welcome to your Tally Set - 13Read this before do Start Exam: 1- There are 25 Questions and complete it within 30 Minutes. 2- For Best Experience download our Android App from Google Play Store.परीक्षा शुरू करने से पहले इसे पढ़ें: 1- 25 प्रश्न हैं और इसे 30 मिनट के भीतर पूरा करें। 2- बेहतरीन अनुभव के लिए Google Play Store से हमारा Android ऐप डाउनलोड करें।Download App Now 1. ______ are the liabilities which are payable after a long period Current liabilities liabilities Fixed liabilities None of these None 2. A person who owes money to the business is a ______ Creditor Accountist Debtor Both B & C None 3. Capital is treated as liability because of Entity concept Dual aspect concept Working concept All of thses None 4. Accounting principles are divided into two types. These are Accounting concepts Accounting conventions Both A and B None of these None 5. Assets acquired for long term use in the business are called ________ Fictitious assets Fixed assets Liquid asset None of these None 6. Accrued income comes under Capital Current asset Fictitious assets Fixed assets None 7. ______ is an example for long term liabilities Current liabilities Liabilities Debentures None of thses None 8. Integrated accounts with inventory is available in F12 configuration Accounts details F11 features Company details None 9. F10 is the short key for ________ Voucher Ledger group Memo Receiving Journal stock None 10. E-mail can be used to Send mail directly from tally screen Downloading work To send e-mail To receive e-mail None 11. Patent account falls under Liquid asset Current assets Liabilities asset None of these None 12. The process of ascertaining the balance of a particular account on a given date is Balancing Journalizing Voucher Reports None 13. The term current assets does not include ________ Bills Cash Goodwill Debtors None 14. Closing stock come under ________ Indirect income Balance Cash in hand Stock in hand None 15. Income tax number of the company will appear in which report Cash/bank book Profit and loss a/c Both A & B None of these None 16. ______ is the book of original entry Cah book Account book Journal None of these None 17. A trial balance is prepared Profit and loss a/c Trial balance To balance the a/c To test the arithmetical accuracy None 18. Transactions are firstly entered in: Ledger Contra Journal All of these None 19. The branch of accounting which analyses and interprets the overall data is ________ Cost accounting Management accounting Journal accounting Financial accounting None 20. The option 'statutory compliance for' is appearing in Creat window screen Account creation screen Company creation screen None of these None 21. Drawings account is to be created by linking with Capital account Current liability Capital None of these None 22. Adjustment entries can be entered in Contra voucher Purchase voucher Voucher class Journal voucher None 23. In tally screen right extreme displays ________ Bottom Stock Items Selected companies Button bar None 24. Which of the following is not a disadvantage of introducing computerized accounting system Required staff training Saving made on labour cost Both A & B All of these None 25. _______ is the collection of all accounts Payments Ledger Journal accounts Invoices None Share this:TweetEmailTelegramPrintWhatsAppLike this:Like Loading...Related Posts (You May Also Read):