Samacheer Kalvi solutions for Accountancy [English] Class 12 TN Board chapter 10 - Computerised Accounting system-Tally [Latest edition]

Accounting report prepared according to the requirements of the user is

Function key F11 is used for ______.

Which submenu displays groups, ledgers and voucher types in Tally?

What are the predefined Ledger(s) in Tally?

1. Cash
2. Profit & Loss A/c
3. Capital A/c

Contra voucher is used for

Which is not the default group in Tally?

Salary account comes under which of the following head?

₹ 25,000 withdrawn from bank for office use. In which voucher type, this transaction will be recorded

In which vouchers type credit purchase of furniture is recorded in Tally

Which of the following options is used to view Trial Balance from Gateway of Tally?

What is automated accounting system?

What are accounting reports?

State any five accounting reports.

What is Accounting Information System (AIS) ?

What is a group in Tally.ERP 9 ?

Write a brief note on accounting vouchers.

What are the pre-defined ledgers available in Tally.ERP 9?

Mention the commonly used voucher types in Tally.ERP 9?

Explain how to view profit and loss statement in Tally.ERP 9.

Explain any five applications of computerized accounting system.

Record the following transactions in Tally.

1. Devi commenced a business with a capital of ₹ 4,00,000
2. An account was opened with Indian Bank and deposited ₹ 60,000
3. Purchased furniture by paying cash ₹ 15,000
4. Goods purchased on credit from Sumathy for ₹ 50,000
5. Cash sales made for ₹ 10,000
6. Goods purchased from Raja for ₹ 5,000 and paid by cheque
7. Goods sold to Arun on credit for ₹ 70,000
8. Money is withdrawn from bank for office use ₹ 25,000
9. Part-payment of ₹ 30,000 made to Sumathy by cheque
10. Arun made part payment of ₹ 10,000 by cash
11. Salaries paid to staff through ECS ₹ 36,000
12. Carriage on purchases of ₹ 6,000 paid by cash
13. Purchased computer from Muthu Ltd. on credit ₹ 44000.

The following balance sheet has been prepared from the books of pearl on 1-4-2018,

During the year the following transactions took place.

1. Wages paid by cash ₹ 4,000
2. Salaries paid by cheque ₹ 10,000
3. Cash purchases made for ₹ 4,000
4. Good purchased on credit from Yazhini ₹ 30,000
5. Goods sold on credit to Jothi ₹ 40,000
6. Payment made to Yazhini through NEFT ₹ 6,000
7. Cash received from Peter ₹ 10,000
8. Cash sales made for ₹ 4,000
9. Depreciate buildings at 20%
10. Closing stock on 31.03.2013 ₹ 9,000

You are required to prepare trading and profit and loss account for the year ended 31-03-2019 and balance sheet as on that using Tally.