USING ACCOUNTING SOFTWARE - Quiz

1) Which function of key is used the list / select a company in Tally?

F1 F3 F5 F7

2) Where does the transactions are entered, before taken to the appropriate ledger account?

Balance sheet Journals Receipts Vouchers

3) Which term is used for the amount invested for starting a business by a person?

Asset Capital Debit Liabilities

4) What is the purpose of Technological feature in Tally?

Allows importing and exporting data Flexible units of measure Provides budgeting option Provides option for data backup

5) Which term is used for giving aspect of a transaction?

Credit Debit Journal Voucher