November 18, 2025 in Tally
100 Tally MCQs with Answers
1. Purchase of goods on credit is entered in:
A. Payment
B. Purchase
C. Journal
D. Contra
Answer: B
2. Cash received from customer is entered in:
A. Payment
B. Receipt
C. Sales
D. Journal
Answer: B
3. Bank to Cash transfer is entered in:
A. Contra
B. Payment
C. Receipt
D. Journal
Answer: A
4. Sales return is recorded in:
A. Credit Note
B. Debit Note
C. Sales
D. Payment
Answer: A
5. Depreciation is passed through:
A. Journal
B. Payment
C. Receipt
D. Contra
Answer: A
6. GST Output Tax ledger is grouped under:
A. Duties & Taxes
B. Indirect Income
C. Bank Accounts
D. Current Assets
Answer: A
7. Expense paid in cash is recorded in:
A. Receipt
B. Payment
C. Journal
D. Purchase
Answer: B
8. Owner introduces capital — entry passed in:
A. Payment
B. Contra
C. Receipt
D. Journal
Answer: C
9. Purchase from unregistered dealer is:
A. Payment voucher
B. Purchase voucher
C. Journal voucher
D. Debit Note
Answer: B
10. Bank-to-bank transfer is recorded in:
A. Payment
B. Receipt
C. Contra
D. Sales
Answer: C
11. Salary Payable comes under:
A. Current Liabilities
B. Indirect Expenses
C. Duties & Taxes
D. Direct Expenses
Answer: A
12. Refund received from supplier is entered in:
A. Debit Note
B. Receipt
C. Credit Note
D. Payment
Answer: B
13. Purchase of Fixed Assets is recorded in:
A. Payment Voucher
B. Purchase Voucher
C. Journal Voucher
D. Contra
Answer: A
14. Shortcut for Sales Voucher in Tally is:
A. F5
B. F7
C. F8
D. F9
Answer: C
15. Input CGST ledger belongs to:
A. Duties & Taxes
B. Current Liabilities
C. Direct Expenses
D. Bank
Answer: A
16. Advance received from customer is recorded in:
A. Payment
B. Receipt
C. Sales
D. Journal
Answer: B
17. Which voucher is used for adjustment entry?
A. Journal
B. Sales
C. Purchase
D. Contra
Answer: A
18. Purchase return is entered through:
A. Debit Note
B. Credit Note
C. Journal
D. Purchase
Answer: A
19. Outstanding Rent is grouped under:
A. Current Liabilities
B. Fixed Assets
C. Indirect Expenses
D. Direct Incomes
Answer: A
20. Opening Stock is shown under:
A. Current Assets
B. Current Liabilities
C. Direct Expenses
D. Branch/Division
Answer: A
21. Tally’s default company creation shortcut key is:
A. F12
B. Alt+F3
C. F2
D. Alt+F1
Answer: B
22. Sales to a debtor on credit is entered in:
A. Sales Voucher
B. Receipt Voucher
C. Journal Voucher
D. Payment
Answer: A
23. Discount Allowed is grouped under:
A. Indirect Expenses
B. Indirect Incomes
C. Current Assets
D. Direct Expenses
Answer: A
24. Discount Received is grouped under:
A. Indirect Income
B. Indirect Expense
C. Direct Income
D. Capital
Answer: A
25. Cash deposited into bank is a:
A. Receipt Entry
B. Payment Entry
C. Contra Entry
D. Sales Entry
Answer: C
26. Which key is used for Payment Voucher?
A. F5
B. F6
C. F7
D. F8
Answer: A
27. Credit purchase of machinery is recorded in:
A. Journal Voucher
B. Purchase Voucher
C. Payment Voucher
D. Sales
Answer: A
28. Purchase of stationery is:
A. Direct Expense
B. Indirect Expense
C. Indirect Income
D. Asset
Answer: B
29. Stock-in-hand is shown as:
A. Current Assets
B. Fixed Assets
C. Current Liabilities
D. Capital
Answer: A
30. Receipt of interest income is recorded in:
A. Payment
B. Receipt
C. Journal
D. Purchase
Answer: B
31. TDS payable is under:
A. Duties & Taxes
B. Loans
C. Suspense
D. Bank
Answer: A
32. Which voucher is used for transferring opening balances?
A. Journal
B. Purchase
C. Sales
D. Payment
Answer: A
33. VAT input is grouped under:
A. Duties & Taxes
B. Current Assets
C. Direct Expense
D. Bank
Answer: A
34. Cash withdrawal from bank:
A. Contra
B. Receipt
C. Payment
D. Journal
Answer: A
35. Which key is used for Receipt Voucher?
A. F5
B. F6
C. F7
D. F8
Answer: B
36. Bad debts are:
A. Direct Expense
B. Indirect Expense
C. Indirect Income
D. Asset
Answer: B
37. Purchases account is grouped under:
A. Direct Expenses
B. Indirect Expenses
C. Fixed Assets
D. Current Liabilities
Answer: A
38. Sale of Fixed Asset for cash is:
A. Sales Voucher
B. Journal Voucher
C. Receipt Voucher
D. Contra Voucher
Answer: C
39. Outstanding salary is:
A. Current Liability
B. Current Asset
C. Capital
D. Indirect Income
Answer: A
40. Furniture account is:
A. Fixed Asset
B. Current Asset
C. Indirect Expense
D. Direct Expense
Answer: A
41. GST Returns in Tally can be viewed from:
A. Gateway → Display
B. Gateway → Reports → GST
C. Gateway → Accounting Vouchers
D. Gateway → Masters
Answer: B
42. Closing Stock is shown under:
A. Direct Income
B. Current Assets
C. Fixed Assets
D. Capital
Answer: B
43. Bank Charges is:
A. Indirect Expense
B. Indirect Income
C. Direct Expense
D. Asset
Answer: A
44. Debit Note shortcut is:
A. Ctrl+F8
B. Ctrl+F9
C. F9
D. Alt+F5
Answer: B
45. Cost Centre is used for:
A. Profit analysis
B. Tax reports
C. Ledger creation
D. Voucher numbering
Answer: A
46. Cash sale is recorded in:
A. Receipt
B. Sales
C. Journal
D. Contra
Answer: B
47. Payment of electricity bill is recorded in:
A. Payment
B. Receipt
C. Contra
D. Sales
Answer: A
48. Prepaid Expenses are:
A. Current Assets
B. Current Liabilities
C. Fixed Assets
D. Indirect Expenses
Answer: A
49. Which voucher is used for credit sales?
A. F8 Sales
B. F5 Payment
C. F6 Receipt
D. F7 Journal
Answer: A
50. Bank Reconciliation is found in:
A. Display → Account Books
B. Display → Statements of Accounts
C. Banking → Bank Reconciliation
D. Gateway → Utilities
Answer: C
51. Tally Vault Password gives:
A. Inventory security
B. Company level data encryption
C. Voucher security
D. Invoice lock
Answer: B
52. Outstanding Expenses come under:
A. Current Liabilities
B. Fixed Assets
C. Current Assets
D. Direct Expenses
Answer: A
53. Which group contains Sundry Debtors?
A. Current Liabilities
B. Current Assets
C. Loans & Advances
D. Misc. Expenses
Answer: B
54. Sales ledger belongs to:
A. Direct Income
B. Indirect Income
C. Direct Expenses
D. Current Assets
Answer: A
55. Payment made by cheque is in:
A. Payment Voucher
B. Contra Voucher
C. Receipt Voucher
D. Sales
Answer: A
56. Petty Cash is shown under:
A. Cash-in-Hand
B. Bank Accounts
C. Loans & Advances
D. Suspense
Answer: A
57. Purchase of computer (Fixed Asset) is:
A. Purchase Voucher
B. Journal Voucher
C. Payment Voucher
D. Receipt Voucher
Answer: C
58. Salary paid is recorded in:
A. Payment
B. Journal
C. Purchase
D. Sales
Answer: A
59. Tally default output format of reports:
A. PDF
B. HTML
C. Excel
D. ASCII
Answer: D
60. Credit Note is used for:
A. Sales Return
B. Purchase Return
C. Depreciation
D. Expenses
Answer: A
61. Cheque Deposit is:
A. Receipt
B. Payment
C. Contra
D. Journal
Answer: C
62. GST Ledger type for Input SGST:
A. Input
B. Output
C. Reverse Charge
D. Cess
Answer: A
63. Sales to unregistered dealer:
A. Sales voucher
B. Journal voucher
C. Receipt voucher
D. Payment
Answer: A
64. Freight Outward is:
A. Indirect Expense
B. Direct Expense
C. Indirect Income
D. Direct Income
Answer: A
65. Opening balance in ledger is entered during:
A. Voucher entry
B. Ledger creation
C. Stock summary
D. Reconciliation
Answer: B
66. Capital account appears under:
A. Capital Account
B. Current Liabilities
C. Direct Incomes
D. Fixed Assets
Answer: A
67. Interest Paid is:
A. Indirect Expense
B. Direct Expense
C. Indirect Income
D. Current Liability
Answer: A
68. Printing and Stationery is:
A. Indirect Expense
B. Direct Expense
C. Direct Income
D. Fixed Asset
Answer: A
69. Purchase of goods by cash is entered in:
A. Payment
B. Purchase
C. Journal
D. Sales
Answer: B
70. TDS is applied on:
A. Income
B. Expense
C. Asset
D. Capital
Answer: B
71. Prepaid Rent is:
A. Current Asset
B. Current Liability
C. Fixed Asset
D. Direct Income
Answer: A
72. Rent Received is:
A. Direct Income
B. Indirect Income
C. Direct Expense
D. Indirect Expense
Answer: B
73. Stock Journal Voucher is used for:
A. Stock transfer
B. Purchase
C. Sales
D. Expense
Answer: A
74. GST Return details is under:
A. Display
B. Reports
C. Statutory Reports
D. Inventory Vouchers
Answer: C
75. Bank Ledger comes under:
A. Bank Accounts
B. Cash-in-Hand
C. Capital
D. Loans
Answer: A
76. Loan received is recorded in:
A. Receipt
B. Payment
C. Journal
D. Contra
Answer: A
77. Loan repayment by cheque is:
A. Receipt
B. Payment
C. Contra
D. Journal
Answer: B
78. Sales made on credit include:
A. Debtors
B. Creditors
C. Assets
D. Liabilities
Answer: A
79. Payment to a creditor is through:
A. Payment
B. Receipt
C. Journal
D. Sales
Answer: A
80. Purchase account increases with:
A. Debit
B. Credit
C. Either
D. None
Answer: A
81. GST output tax increases with:
A. Credit
B. Debit
C. Both
D. None
Answer: A
82. Tally backup file extension is:
A. .txt
B. .xml
C. .zip
D. .bak
Answer: C
83. In Tally, F11 is for:
A. Features
B. Inventory
C. Ledger
D. Print
Answer: A
84. F12 is used for:
A. Configuration
B. Features
C. Vouchers
D. Report
Answer: A
85. Cost Category is for:
A. Department wise tracking
B. Tax
C. Ledger
D. Bank
Answer: A
86. Debit the receiver and Credit the giver is rule of:
A. Personal Account
B. Real Account
C. Nominal Account
D. Capital Account
Answer: A
87. Contra entry affects:
A. Cash and Bank
B. Stock and Bank
C. Cash and Purchase
D. Cash and Sales
Answer: A
88. Sales account increases with:
A. Credit
B. Debit
C. Both
D. None
Answer: A
89. Cash discount allowed is:
A. Indirect Expense
B. Indirect Income
C. Direct Expense
D. Asset
Answer: A
90. Which is NOT a default Tally group?
A. Current Assets
B. Direct Incomes
C. Branch/Division
D. Purchases
Answer: D
91. Ledger creation shortcut:
A. Alt+C
B. Alt+K
C. F12
D. F5
Answer: A
92. Sales to cash customer is:
A. Cash Sale
B. Credit Sale
C. Purchase
D. Journal
Answer: A
93. Purchase of goods on credit increases:
A. Creditors
B. Debtors
C. Cash
D. Capital
Answer: A
94. Trial balance checks:
A. Debit = Credit
B. Profit
C. Stock value
D. Assets
Answer: A
95. Ledger under fixed asset:
A. Furniture
B. Salary
C. Purchases
D. Rent
Answer: A
96. Bad debts recovered is:
A. Indirect Income
B. Indirect Expense
C. Direct Expense
D. Asset
Answer: A
97. Payment made by cash increases:
A. Expense
B. Liability
C. Cash
D. Capital
Answer: A
98. GST applicable on:
A. Value added
B. Income
C. Profit
D. Capital
Answer: A
99. Expense increases with:
A. Debit
B. Credit
C. Both
D. None
Answer: A
100. Cash sales increase:
A. Cash & Sales
B. Cash & Purchase
C. Debtors & Sales
D. Cash & Expense
Answer: A
