Using Accounting Software Set 7

---

Which function of key is used the list / select a company in Tally?

  

    (A) F1

    (B) F3

    (C) F5

    (D) F7

F1

---

Where does the transactions are entered, before taken to the appropriate ledger account?

  

    (A) Balance sheet

    (B) Journals

    (C) Receipts

    (D) Vouchers

Journals

---

Which term is used for the amount invested for starting a business by a person?

  

    (A) Asset

    (B) Capital

    (C) Debit

    (D) Liabilities

Capital

---

What is the purpose of Technological feature in Tally?

  

    (A) Allows importing and exporting data

    (B) Flexible units of measure

    (C) Provides budgeting option

    (D) Provides option for data backup

Allows importing and exporting data

---

Which term is used for giving aspect of a transaction?

  

    (A) Credit

    (B) Debit

    (C) Journal

    (D) Voucher

Credit

---