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Recording Transactions Question Bank

Authored by Accounts Mentor

Financial Education

University

Used 1+ times

Recording Transactions Question Bank
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which voucher type in TallyPrime is used to record credit purchases?

Payment Voucher

Journal Voucher

Purchase Voucher

Contra Voucher

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In TallyPrime, which shortcut is used to open the Accounting Voucher creation screen?

F1

Alt + G

V

F11

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which voucher type is used to record cash received from a customer?

Receipt Voucher

Payment Voucher

Contra Voucher

Journal Voucher

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which shortcut key is used to record a Sales Voucher in TallyPrime?

F8

F7

F9

F6

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Contra Voucher in TallyPrime is used for:

Recording transactions between cash and bank accounts

Recording outstanding expenses

Recording GST adjustments

Recording purchase returns

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which option allows alteration of vouchers in TallyPrime?

Gateway of Tally → Display More Reports → Voucher Register

Gateway of Tally → Vouchers → Alter

Company Info → Voucher Alter

Inventory Info → Vouchers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which voucher type is used for recording purchase returns in TallyPrime?

Debit Note

Credit Note

Contra Voucher

Journal Voucher

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