LCC Center for Computer Education Tally Test
Name of Student: Student: __________ ______________ ________ _____ _ Course Course Name: _________ _____________ ________ _______ ___ Duration: - 1 Hour
Section Max Marks
Total Marks: - 50
I
I
III
10
15
20
Marks Obtained
I.
Fill in the blanks
10 x 1 = 10
1.
_____________ ( Groups/Ledgers ) are the head of accounts such as Capital, Bank, Sundry Debtors etc in tally.
2.
___________ ( Payment/Contra) voucher is used when entering Cash Deposits and Cash withdrawals from bank.
3.
Profit & Loss Account Account ) displays incomes ______________( Balance Sheet / Profit and Expenses ledgers along with gross profit and gross loss in Tally.
4.
Journal / Contra) All All adj adjus ustm tmen ents ts entr entrie iess are are ente entere red d as as ___ _____ ____ ____ ____ ____ ___ _ ( Journal
5.
_______________ key ( Alt R / Alt D) is used to delete a ledger, voucher or a company in Tally.
6.
The ___________________ ( Billwise / Budgets) option is used to maintain out standings.
7.
____________________ ( Administrator/Owner ) user has all rights to the company.
8.
Purc Purcha hase se ord order erss are are prese present nt und under er ___ _____ ____ ____ ____ ____ __ (Acc (Accou ount ntin ing/ g/In Inven vento tory ry)) vouchers.
9.
Veri Verifi fica cati tion on of of Bank Bank Acco Accoun untt with with Bank Banker erss Stat Statem emen entt is cal calle led d as Reconciliation/ Reversing Journals) (Reconciliation/
10. 10.
The The state stateme ment nt whi which ch dis displ play ayss all all ledg ledger erss and and thei theirr balan balances ces is Balance Sheet Sheet / Trial Balance) ( Balance
II.
Match the Following
15 x 1 = 15
1.
Alt F2
-
To create a ledger during voucher entry
2.
Alt F1
-
To view detailed report/ To close a company
3.
Alt C
-
To Change Period
4.
F8
-
To display the next voucher.
5.
F6
-
Displays Company Info.
6.
Esc
-
To toggle between invoice and voucher.
7.
Page down
-
To explode a line into details.
8.
Enter
-
To duplicate a voucher.
9.
Alt 2
-
Key for Selecting a Receipt Voucher
10.
Alt F3
-
To come out of screen / Clear field entries.
11.
Alt A
-
Key for Selecting a Sales Voucher
12.
Alt I
-
To Accept a Voucher / Field.
13.
Shift Enter
-
To add a voucher.
14.
Ctrl V
-
To accept all audited vouchers
15.
Alt F7
-
To insert a voucher
III.
Explain in three to four sentences
1.
Briefly explain the four types of references available in maintaining Billwise details.
2.
What are Stock Groups/Categories/Items and Units of Measure?
3.
Briefly explain Security Control.
4.
Briefly explain vouchers involved under Order processing.
5.
Write the steps for creating a Backup/Restore.
5 x 4 = 20
Enter the following transactions in Tally for the month of April 2011
1 2 3 6 10 12 15 17 18 20 21 23 25 26 28 28 29 30 30 30 30
Shiva started business with Cash Deposited Cash into Indian Bank Cash Purchases Purchases on credit from Velu & Co Purchases on credit from Ramlal & Co Purchase Return made to Ramlal & Co Purchase Return to Velu & Co Cash sales Sales to Dinesh & Co on credit Sales to Suresh & Co on credit Sales Return from Dinesh & Co Sales Return from Suresh & Co Paid Cash to Ramlal & Co Paid Velu & Co by Cheque (Indian Bank) Received Cash from Suresh & Co Received Cheque(Indian Bank) form Dinesh& Co Withdrew Cash from Indian Bank for Office use Shiva withdrew cash form Indian bank For Personal use Paid Rent by Cash Paid Electric Charges by Cash Paid Salary by Cash
Rs.1, 50,000 Rs. 50,000 Rs.50, 000 Rs.20, 000 Rs30, 000 Rs. 5,000 Rs.5, 000 Rs. 50,000 Rs.20, 000 Rs.50, 000 Rs.5000 Rs 5,000 Rs.20, 000 Rs15, 000 Rs 40,000 Rs. 15,000 Rs.5, 000 Rs.3, 000 Rs.1, 800 Rs.1, 200 Rs.2, 000
Problem 5: Enter the following transactions in Tally for the month of April 2011
1 2 3 3 5 6 10 10 12 15 15 17 20 22 24 25 28 28 28 29 29
Rs.5, 00,000 Krishna started business with Cash Deposited Cash into Indian Bank Rs 2, 00,000 Rs.50, 000 Cash Purchases Rs50, 000 Purchases from Vinoth Stores Paid Cash to Vinoth Stores Rs.25, 000 Paid Cheque (Indian Bank) to Vinoth Stores Rs.25, 000 Cash Sales Rs.1, 00,000 Rs.1, 00, 000 Sales to Yogesh & Co Received Cheque (Indian Bank) form Yogesh & Co Rs.50, 000 Received Cash from Yogesh & Co Rs.50, 000 Rs.10, 000 Purchases form Vivek& Co Purchase Return to Vivek&Co Rs.1000 Sales to Vishal & Co Rs 25,000 Rs.2, 000 Sales Return from Vishal & Co Paid Cash to Vivek & Co account and Received Discount of 10% Received Cash from Vishal & Co and Allowed Discount 10% Withdrew Cash from Indian Bank Rs.2 5,000 Cash Drawings from Office for personal use Rs.5, 000 Paid Rent by Cash Rs.3, 000 Paid Salaries by Cash Rs.2, 000 Paid Printing Charges by Cash Rs.1, 000
30
Paid Stationary Charges by Cash
Rs.250
Adjustments Problem I
April
2011
1 Govindarajan commenced his business with the cash 5, 00,000 1 Bought Plant and Machinery Rs.2, 50,000. 2 Bought Furniture Rs.10, 000. 2 Purchased Goods for Cash Rs.1, 00,000 3 Purchased goods from Natarajan on credit Rs.65, 000. 4 Returned damaged goods to Natarajan Rs.5, 000. 10 Paid cash to Natarajan Rs.35, 000. 15 Deposited into State Bank of India Rs.50, 000 16 Sold goods to Rahul & Co. Rs.5000 March 2012 19 Sold goods to Sundar on credit Rs. 1, 50,000. 22 Withdrew Cash from State Bank of India Rs.20, 000 23 Sundar Returned Rs.10, 000. 25 Received cash from Sundar Rs. 1, 25,000 30 Paid rent Rs.5, 000. 30 Paid salaries Rs. 10,000 30 Withdrew cash from State Bank of India for personal use Rs.5000. 30. Received Commission as Cash Rs.2500. Adjustments 1. Depreciate Machinery @ 20% 2. Depreciate Furniture @ 10%. 2. Rent Outstanding Rs.5000 3. Salary Outstanding Rs.5000. 4. Commission Accrued Rs.1500. 5. Write off 5000 as Bad Debts from Rahul & Co. 6. Adjust Drawings and Net Profit/Net Loss to Capital Account.
