Download App

Computerised Accounting System-Tally — Accountancy STD 12 — Question

Tamilnadu BoardEnglish MediumSTD 12AccountancyComputerised Accounting System-Tally3 Marks
Question
What is the voucher entry in the accounting system Tally ERP9?
✓

Answer

The following are the basic voucher types considered
  1. Receipts: To record receipts of money by cash, cheque, and basic transfer.
  2. Payments: To record payment of money by cash and cheque.
  3. Journal: To record all Non-cash transactions.
  4. Contra: To record the transfer of funds between cash and bank accounts.
The voucher Entry Screen is divided into three parts.
  1. Main voucher entry
  2. Button Bar
  3. Calculator

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Answer the following questions:" from Computerised Accounting System-Tally→Computerised Accounting System-Tally — all question types→Accountancy STD 12 question papers→Tamilnadu Board STD 12 question papers→Tamilnadu Board question paper generator→

Similar questions

Mannan and Ramesh share profits and losses in the ratio of $3 : 2$ and their capital on $1^{st}$ April, $2018$ was Mannan $₹ 1,50,000$ and Ramesh $₹ 1,00,000$ respectively and their current accounts show a credit balance of $₹ 25,000$ and $₹ 20,000$ respectively. Calculate interest on capital at $6\%$ p.a. for the year ending $31^{st}$ March, $2019$ and show the journal entries.
→
From the following particulars, prepare a comparative income statement of Barani Ltd.
Particulars 2016-17 ₹ 2017-18 ₹
Revenue from operations 30,000 45,000
Other income 4,000 6,000
Expenses 10,000 15,000
Income tax 30% 30%
→
From the following balance sheets of Subha and Sudha who share profits and losses in $2 : 3,$ calculate interest on capital at $5\%$ p.a. for the year ending $31^{st}$ December, $2018.$
Balance sheet as on $31^{st}$ ​​​​​​​December, $2018$
Liabilities ₹ ₹ Assets ₹
Capital accounts:     Fixed assets $70,000$
Subha $40,000$   Current assets $50,000$
Sudha $60,000$ $1,00,000$    
Current liabilities   $20,000$    
    $1,20,000$   $1,20,000$
Drawings of Subha and Sudha during the year were $₹ 8,000$ and $₹ 10,000$ respectively. Profit earned during the year was $₹ 30,000.$
→
Explain how to view profit and loss statement in Tally.ERP 9.
→
What is average profit method?
→
Nivetha Ltd. forfeited 1,000 equity shares of ₹ 10 each for non-payament of call of ₹ 4 per share. Of these 800 shares were reissued @ ₹ 7 per share. Pass journal entries for forfeiture and reissue?
→
What are the features of financial statements?
→
Explain the objectives of financial statement analysis.
→
How to alter the company details in Tally.ERP9?
→
The following particulars are available in respect of the business carried on by a partnership firm:

  1. Profits earned: 2016: ₹ 25,000; 2017: ₹ 23,000 and 2018: ₹ 26,000.
  2. Profit of 2016 includes a non-recurring income of ₹ 2,500.
  3. Profit of 2017 is reduced by ₹ 3,500 due to stock destroyed by fire.
  4. The stock was not insured. But, it is decided to insure the stock in the future. The insurance premium is estimated to be ₹ 250 per annum.

You are required to calculate the value of goodwill of the firm on the basis of 2 years purchase of average profits of the last three years.

→