JM INSTITUTE OF TECHNOLOGIESTest Paper : TALLY

DURATION : 1 Hr. MM : 50

Q.1 Goods returned of Rs. 500/- by Anil will be entered in- 2

(a) Purchases Book (b) Purchases Returns A/c

(c) Sales Book (d) Sales Returns Book

Q.2 Purpose of Sales Book is- 2

(a) To record all sales made by the firm (b) To record payment due to creditors

(c) To record all credit sales made by the firm (d) to record credit sales of goods made by the firm

Q.3 Salaries paid to staff will be debited to which A/c 2(a) Salary A/c (b) Cash A/c

(c) Staff A/c (d) Expense A/c

Q.4 A Ledger Account is prepared from:- 2

(a) events (b) transactions (c) Journal

Q.5 Cash book is used to record. 2

(a) All Cash receipts only. (b) All Cash payments only

(c) All Cash & credits sales (d) All receipts & payments of Cash

Q.6. What is the meaning of Ledger? 3

Q.7. Prepare the Purchases Book From the following details:- 3

(a). Purchase of goods costing Rs. 5000 from M/s. Ramesh vide invoice no. 120 dated 15.09.2009

(b). Purchase of Fixed Assets costing Rs. 8000 from M/s. Renu vide invoice no. 016 dated 20.09.2009.

(c) Paid wages Rs. 600 in cash vide receipt no.16 dated 25.092009.

Q.8. Classify the following under the three types of accounts ( Real, Nominal or Personal): 3

(a) Drawings (b) Cash

(c) Capital (d) Machinery

(e) Bank (f) Depreciation

Q.9 1. Create a Company as “Sagar Industries Ltd.” in Tally with inventory management. 10

2. Pass the following Entries :-

(i) Sagar started “Sagar Industries Ltd.” by bringing Capital Rs.3,00,000/- Cash.

(ii) He deposited Rs.1,00,000/- cash at ICICI bank.

(iii) He paid electricity bill for Rs.1,200/- by cash.

(iv) He withdrawn Rs.10,000/- cash for his personal use.

(a) Computer - 10 Nos. - @20000/- each

(a) Computer - 5 Nos. - @27500/- each

(vii) He received Rs.6,000/- as commission from Rohit by cash.

(viii) He paid House Rent for Rs.5,000/- by cash.

(ix) He withdrawn Rs.25,000/- cash from ICICI Bank.

(x) He purchased furniture for Rs.25,000/- by cash for office use.

Q10. Name the Accounting and Inventory Vouchers Seperatly. 5

Q.11. How many groups Present in Tally and also list the main and subgroups also. 3

Q. 12. How can we Delete any Group, Ledger, Stock Item, or full company. 3

Q.13. Match the Following : 5

Purchase Voucher F4

Contra Voucher F6

Sale Voucher F7

Delivery Note F5

Reciept Note F8

Payment alt+F9

Purchase Order F9

Sale Order alt+F4

Journal alt+F5

Reciept alt+F8

Q.14. Write down the use of Sale and Purchase Order. 2

Q.15. What is the Difference Between Stock Group and Stock Items. Write the procedure to create the Stock Group and Stock Items. 3

Student Name

Marks Obtained Teacher’s Signature