NICE

TALLY THEORY

FULL MARK: 100

PASS MARK:40

TIME:2Hrs

Answer the following Questions: (20*3=60)

1. Define a ‘Debtor’.

2. Define ‘Ledger’. Write the steps to create a ledger.

3. Define a ‘Creditor’.

4. Define voucher entry. What are the two types of voucher entry?

5. What are the three types of discount?

6. Write the steps to create a Company.

7. Write the steps to Alter a Company.

8. Write the steps to delete the company.

9. What are the methods of accounting system?

10.What is a payment voucher?

11.What is a purchase voucher?

12.What is a memorandum voucher?

13.Define cash flow and fund flow.

14.Define entry system and book keeping.

15.Define stock group.

16.Define Inventory.

17.Define delivery note, rejection in and secured loan.

18.Define a credit note and debit note.

19.What are the steps to open the journal entry

20.Write the steps to activate reversing journals.

21.Define Payroll. How do we generate Payslip?(5)

22.Write the steps to activate input vat and output vat.(5)

23.Mention the voucher entry and their function keys.(10)

24.Mention the button bar that displays the button (keys).(10)

25.Mention ten Ledger Account with Account Group.(10)

NICE

EXAM

NAME COURSE THEORY EXAM (29/10/15)

PRACTICAL EXAM (30/10/15)

1. JATIN CHHETRI TALLY 1:00PM-:3:00PM 1:00PM-4:00PM2. PRISKALI CHISHI TALLY 1:00PM-3:00 PM 1:00PM-4:00PM