Accounting Examination 2026
Tally ERP 9 MCQs with Answers (1–50)
Company Creation & Basics
1. Tally ERP 9 is primarily used for:
A) Video Editing
B) Accounting
C) Programming
D) Web Designing
Answer: B
2. Tally ERP 9 is developed by:
A) Microsoft
B) Adobe
C) Tally Solutions Pvt. Ltd.
D) Google
Answer: C
3. Shortcut key to create a company in Tally ERP 9:
A) Alt + F1
B) Alt + F3
C) Ctrl + F3
D) F11
Answer: B
4. What is the first step before accounting in Tally?
A) Create Voucher
B) Create Company
C) Create Ledger
D) Create Stock Item
Answer: B
5. Which option is used to shut a company?
A) Alt + F1
B) Alt + F3
C) Ctrl + Q
D) F12
Answer: B
6. Financial year generally starts from:
A) 1 January
B) 1 April
C) 1 July
D) 1 October
Answer: B
7. Books of accounts are maintained in:
A) Company Data
B) Excel File
C) Word File
D) PDF File
Answer: A
8. Gateway of Tally is:
A) Main Screen of Tally
B) Ledger Report
C) Voucher Screen
D) Balance Sheet
Answer: A
9. Which key selects a company?
A) F1
B) F2
C) F3
D) F4
Answer: C
10. Which key changes the date?
A) F1
B) F2
C) F3
D) F4
Answer: B
Ledgers & Groups
11. A ledger is used to:
A) Store Transactions
B) Print Reports
C) Design Invoices
D) Create Company
Answer: A
12. Cash Account belongs to:
A) Indirect Expenses
B) Capital Account
C) Cash-in-Hand Group
D) Loans
Answer: C
13. Bank Account belongs to:
A) Bank Accounts Group
B) Loans Group
C) Sales Group
D) Purchase Group
Answer: A
14. Which group is used for customers?
A) Sundry Debtors
B) Sundry Creditors
C) Capital Account
D) Cash-in-Hand
Answer: A
15. Which group is used for suppliers?
A) Sundry Debtors
B) Sundry Creditors
C) Capital Account
D) Bank Accounts
Answer: B
16. Sales Account belongs to:
A) Purchase Accounts
B) Sales Accounts
C) Direct Income
D) Indirect Income
Answer: B
17. Purchase Account belongs to:
A) Purchase Accounts
B) Sales Accounts
C) Direct Expense
D) Loans
Answer: A
18. Capital Account belongs to:
A) Capital Account Group
B) Loans
C) Expenses
D) Assets
Answer: A
19. Shortcut key to create a ledger while voucher entry:
A) Alt + C
B) Ctrl + C
C) Alt + V
D) Ctrl + L
Answer: A
20. Ledger creation is done under:
A) Accounts Info
B) Inventory Info
C) Payroll Info
D) Banking
Answer: A
Voucher Entries
21. Shortcut key for Contra Voucher:
A) F4
B) F5
C) F6
D) F7
Answer: A
22. Shortcut key for Payment Voucher:
A) F4
B) F5
C) F6
D) F7
Answer: B
23. Shortcut key for Receipt Voucher:
A) F6
B) F5
C) F4
D) F8
Answer: A
24. Shortcut key for Journal Voucher:
A) F5
B) F6
C) F7
D) F8
Answer: C
25. Shortcut key for Sales Voucher:
A) F8
B) F7
C) F6
D) F5
Answer: A
26. Shortcut key for Purchase Voucher:
A) F8
B) F9
C) F10
D) F7
Answer: B
27. Contra Voucher is used for:
A) Cash to Bank Transfer
B) Sales Entry
C) Purchase Entry
D) Journal Entry
Answer: A
28. Payment Voucher is used for:
A) Receiving Money
B) Making Payment
C) Sales
D) Purchase
Answer: B
29. Receipt Voucher is used for:
A) Receiving Money
B) Purchase
C) Sales
D) Transfer
Answer: A
30. Journal Voucher is mainly used for:
A) Adjustment Entries
B) Sales
C) Purchases
D) Cash Transfer
Answer: A
Inventory Management
31. Inventory means:
A) Employee Records
B) Stock Records
C) Bank Records
D) Tax Records
Answer: B
32. Stock Group is used for:
A) Grouping Stock Items
B) Grouping Ledgers
C) Grouping Companies
D) Grouping Reports
Answer: A
33. Unit of Measure is required for:
A) Ledger
B) Voucher
C) Stock Item
D) Company
Answer: C
34. Example of Unit of Measure:
A) Kg
B) Voucher
C) Ledger
D) Group
Answer: A
35. Inventory information is maintained under:
A) Accounts Info
B) Inventory Info
C) Payroll Info
D) Banking
Answer: B
36. Stock Item represents:
A) Product Name
B) Customer Name
C) Supplier Name
D) Voucher Name
Answer: A
37. Godown is used for:
A) Employee Storage
B) Stock Storage Location
C) Tax Storage
D) Banking
Answer: B
38. Reorder Level is related to:
A) Stock Management
B) GST
C) Payroll
D) Banking
Answer: A
39. Stock Summary report shows:
A) Stock Position
B) Balance Sheet
C) Cash Book
D) Ledger Report
Answer: A
40. Inventory vouchers include:
A) Delivery Note
B) Receipt Note
C) Stock Journal
D) All of These
Answer: D
GST & Reports
41. GST stands for:
A) Goods and Services Tax
B) General Sales Tax
C) Global Service Tax
D) Goods Supply Tax
Answer: A
42. GST can be enabled from:
A) F11 Features
B) F12 Configure
C) Alt + F3
D) Gateway of Tally Only
Answer: A
43. GSTIN stands for:
A) Goods Service Tax Information Number
B) Goods and Services Tax Identification Number
C) General Tax Number
D) Government Tax Number
Answer: B
44. Balance Sheet shows:
A) Assets & Liabilities
B) Sales
C) Purchases
D) Inventory
Answer: A
45. Profit & Loss Account shows:
A) Business Profit or Loss
B) Inventory Details
C) Tax Details
D) Employee Details
Answer: A
46. Trial Balance is used to:
A) Verify Accounting Accuracy
B) Create Company
C) Create Ledger
D) Enter GST
Answer: A
47. Day Book displays:
A) All Transactions
B) Only Sales
C) Only Purchases
D) Only Payments
Answer: A
48. Cash Book displays:
A) Cash Transactions
B) Bank Transactions Only
C) Stock Transactions
D) GST Transactions
Answer: A
49. Bank Book displays:
A) Bank Transactions
B) Stock Transactions
C) GST Transactions
D) Sales Transactions
Answer: A
50. Tally ERP 9 supports:
A) Accounting
B) Inventory
C) GST
D) All of These
Answer: D
Tally Prime MCQs with Answers (51–100)
Tally Prime Basics
51. Tally Prime is developed by:
A) Microsoft
B) Adobe
C) Tally Solutions Pvt. Ltd.
D) Oracle
Answer: C
52. Tally Prime is the successor of:
A) Tally 7.2
B) Tally 9
C) Tally ERP 9
D) Busy
Answer: C
53. The main screen of Tally Prime is called:
A) Dashboard
B) Gateway of Tally
C) Control Panel
D) Home Screen
Answer: B
54. Which key is used to select a company?
A) Alt + K
B) Alt + F3
C) F2
D) Ctrl + F3
Answer: B
55. Which key is used to change the current date?
A) F1
B) F2
C) F3
D) F4
Answer: B
56. Which key is used to change the accounting period?
A) Alt + F2
B) Alt + F3
C) Ctrl + F2
D) F12
Answer: A
57. Tally Prime supports:
A) Accounting
B) Inventory
C) GST
D) All of These
Answer: D
58. Which menu is used for creating masters?
A) Reports
B) Create
C) Banking
D) Display
Answer: B
59. Which option is used to alter a ledger?
A) Create
B) Alter
C) Display
D) Export
Answer: B
60. Tally Prime works on:
A) Windows OS
B) Android Only
C) Linux Only
D) macOS Only
Answer: A
Masters & Ledgers
61. A ledger is used to record:
A) Transactions
B) Images
C) Reports
D) Programs
Answer: A
62. Customer accounts are created under:
A) Sundry Creditors
B) Sundry Debtors
C) Capital Account
D) Loans
Answer: B
63. Supplier accounts are created under:
A) Sundry Debtors
B) Sundry Creditors
C) Sales Accounts
D) Bank Accounts
Answer: B
64. Cash Account belongs to:
A) Capital Account
B) Cash-in-Hand
C) Loans
D) Expenses
Answer: B
65. Bank Account belongs to:
A) Bank Accounts
B) Cash-in-Hand
C) Capital Account
D) Sales
Answer: A
66. Shortcut key to create a master during voucher entry:
A) Alt + C
B) Ctrl + C
C) Alt + V
D) Ctrl + A
Answer: A
67. A stock item represents:
A) Customer
B) Supplier
C) Product
D) Employee
Answer: C
68. Stock Group is used for:
A) Grouping Products
B) Grouping Ledgers
C) Grouping Companies
D) Grouping Reports
Answer: A
69. Unit of Measure is used for:
A) Quantity Calculation
B) Tax Calculation
C) Salary Calculation
D) Interest Calculation
Answer: A
70. Godown is used for:
A) Customer Records
B) Stock Storage
C) Tax Reports
D) Salary Records
Answer: B
Voucher Entries
71. Shortcut key for Payment Voucher:
A) F4
B) F5
C) F6
D) F7
Answer: B
72. Shortcut key for Receipt Voucher:
A) F5
B) F6
C) F7
D) F8
Answer: B
73. Shortcut key for Contra Voucher:
A) F4
B) F5
C) F6
D) F7
Answer: A
74. Shortcut key for Journal Voucher:
A) F5
B) F6
C) F7
D) F8
Answer: C
75. Shortcut key for Sales Voucher:
A) F8
B) F9
C) F10
D) F7
Answer: A
76. Shortcut key for Purchase Voucher:
A) F7
B) F8
C) F9
D) F10
Answer: C
77. Contra Voucher is mainly used for:
A) Sales Entry
B) Cash and Bank Transfer
C) Purchase Entry
D) Salary Entry
Answer: B
78. Receipt Voucher records:
A) Money Received
B) Money Paid
C) Purchases
D) Inventory
Answer: A
79. Payment Voucher records:
A) Money Received
B) Money Paid
C) Sales
D) Banking Reports
Answer: B
80. Journal Voucher is mainly used for:
A) Adjustments
B) Sales
C) Purchases
D) Inventory
Answer: A
GST in Tally Prime
81. GST stands for:
A) Goods and Services Tax
B) General Service Tax
C) Government Sales Tax
D) Goods Supply Tax
Answer: A
82. GST can be enabled from:
A) Features (F11)
B) Reports
C) Banking
D) Display
Answer: A
83. GSTIN stands for:
A) Goods and Services Tax Identification Number
B) General Tax Number
C) Government Tax Number
D) Goods Tax Information Number
Answer: A
84. CGST means:
A) Central Goods and Services Tax
B) Common GST
C) Current GST
D) Central Government Sales Tax
Answer: A
85. SGST means:
A) State Goods and Services Tax
B) Sales GST
C) Service GST
D) State Government Service Tax
Answer: A
86. IGST means:
A) Integrated Goods and Services Tax
B) Internal GST
C) Indian GST
D) International GST
Answer: A
87. GST reports can be viewed under:
A) Reports Menu
B) Banking
C) Inventory
D) Company Info
Answer: A
88. GSTR stands for:
A) GST Return
B) Goods Service Tax Report
C) General Sales Tax Return
D) Government Service Tax Record
Answer: A
89. GST is applicable on:
A) Supply of Goods and Services
B) Salaries Only
C) Bank Interest Only
D) Fixed Assets Only
Answer: A
90. Tally Prime supports GST return preparation:
A) Yes
B) No
C) Limited
D) Not Available
Answer: A
Reports, Banking & Features
91. Balance Sheet shows:
A) Assets and Liabilities
B) Sales
C) Purchases
D) Inventory
Answer: A
92. Profit & Loss Account shows:
A) Business Profit or Loss
B) Inventory Position
C) GST Details
D) Employee Details
Answer: A
93. Trial Balance is used to:
A) Verify Ledger Balances
B) Create Company
C) Enter Vouchers
D) Create Stock Items
Answer: A
94. Day Book contains:
A) All Voucher Entries
B) Sales Only
C) Purchases Only
D) Payments Only
Answer: A
95. Cash Book contains:
A) Cash Transactions
B) Bank Transactions
C) Stock Transactions
D) GST Transactions
Answer: A
96. Bank Book contains:
A) Bank Transactions
B) Cash Transactions
C) Inventory Records
D) Salary Records
Answer: A
97. Which feature is used for online banking in Tally Prime?
A) Banking Module
B) Payroll Module
C) Inventory Module
D) Cost Centre Module
Answer: A
98. Data can be exported from Tally Prime to:
A) Excel
B) PDF
C) XML
D) All of These
Answer: D
99. Tally Prime allows printing of:
A) Invoices
B) Reports
C) Vouchers
D) All of These
Answer: D
100. Tally Prime is useful for:
A) Accounting
B) Inventory Management
C) GST Compliance
D) All of These
Answer: D