Question: 1

Where do we record cash sales in Tally?

(A) Contra

(B) Receipt

(C) Payment

(D) Journal

Question: 2

Where do we record credit purchase of furniture in Tally?

(A) Purchase

(B) Payment

(C) Receipt

(D) Journal

Question: 3

Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally?

(A) Journal

(B) Payment

(C) Contra

(D) Receipt

Question: 4

Where do we record all type of adjustment entry in Tally?

(A) F5:Payment

(B) F6:Receipt

(C) F7:Journal

(D) F4:Contra

Question: 5

Which shortcut key is pressed and then ‘yes’ is given in “Use Debit/Credit Noted” to post entry in Credit Note and Debit Note in Tally?

(A) Alt+F11

(B) F11

(C) F12

(D) Alt+F12