B.C.A. (Semester (CBCS) Examination Oct/Nov-2017
FINANCIAL ACCOUNTING WITH TALLY
Day Date: Tuesday, 14-11-2017 Max. Marks: 70
Time: 10.30 AM to 01.00 PM
Instructions: All Questions are compulsory.
Draw neat labeled diagram wherever necessary.
Figures to the right indicate full marks.
Q.1 Select correct alternatives and rewrite statement. 14
All indirect expenses are debited to Account.
Trading Capital
Profit and Loss Current
A is an intangible
Goodwill Stock
Building Cash
is the list of all ledger balances?
Balance sheet Trial balance
Trading Account Profit and Loss
Wages paid for installation of machinery should be debited to
Account.
Machinery Wages
Trading Profit and Loss
Prepaid expenses are shown on the of the balance sheet
Assets Liability
Debit Credit
Trading account is prepaid on the basis of Expenses.
Indirect Direct
Revenue Other
Income and Expenditure account is a
Capital account Real account
Personal account Nominal account s
The shortcut key used to activate calculate is
Ctrl N Ctrl M
Ctrl A Ctrl B
Which voucher type is used to transfer amount from one bank to another
Payment Receipt
Contra Post-Dated
10) The shortcut key to quit from tally is
Ctrl L Ctrl p
Ctrl M Ctrl Q
11) Which shortcut key is pressed for voucher entry or deleting a ledger?
Alt A Alt C
Alt X Alt D
Page 2 of 2
SLR-SD-3
12) Which shortcut key used to view configure in tally?
F10 F11
F12 Alt F9
13) is the invalid voucher type in tally?
Journal Receipt
Payment Invoice
14) The activate gateway of Tally shortcut key is used
Ctrl M Ctrl P
Ctrl O Ctrl g
Q.2 Solve any seven from the following 14
Define Voucher.
What is meant by Account?
What is meant by Drawings?
What is meant by Bad debts?
TDS stands for.
Define goodwill.
FIFO stands for.
Scenario Management.
MIS stands for.
Q.3 Attempt any two of the followings:
What is book-keeping? Explain the objectives of book-keeping.
How to create new company in Tally.
Define Voucher. Explain types of vouchers in tally.
10
Write a short note on Scenario Management. 04
Q.4 Answer any two of the followings: 14
What is group of tally? Enlist the groups.
Define accounting and Explain concept of accounting.
XYZ limited purchase machinery of Rs.50000 on 01/04/2007, company
decided to charge depreciation per annum using original cost method
company close its book of account on 31st March every year.
Shows Machinery Account for Three Year.
Q.5 Answer any two of the following. 14
Exception Report.
Methods of pricing of issues of materials.
Journalize the following transaction in the books of Shri. Mahavir and Co. for
the month of January 2016
1. Started business with cash Rs 12000, Furniture Rs 5000 and Building Rs
13000.
2. Goods of Rs 6000 purchased for cash.
3. Cash sales Rs 2700.
4. Goods of Rs 500 distributed as free sample.
5. Goods of Rs 10000 purchase from Miss. Palak.
6. Goods of Rs 5000 sold to Sujal of which Rs 3500 received immediately.
7. Paid Rs 550 as printing charges.
8. Paid Rs 2000 to Miss. Palak on her account.
9. Salary paid Rs.1500.