Tally Prime Basic Level Test
1. SBI comes under which group in Tally Prime?
o a) Bank Accounts
o b) Sundry Debtors
o c) Sundry Creditors
o d) Cash-in-hand
2. What is the group for 'Capital Account'?
o a) Direct Expenses
o b) Loans (Liability)
o c) Capital Account
o d) Current Liabilities
3. 'Cash in Hand' comes under which group?
o a) Bank Accounts
o b) Cash-in-hand
o c) Current Assets
o d) Loans & Advances (Assets)
4. Sundry Debtors belong to which group in Tally Prime?
o a) Direct Income
o b) Current Assets
o c) Loans (Liability)
o d) Sundry Debtors
5. 'Purchases' is categorized under which group?
o a) Direct Expenses
o b) Purchase Accounts
o c) Current Assets
o d) Indirect Expenses
6. TDS payable is placed under which group?
o a) Current Liabilities
o b) Sundry Creditors
o c) Duties & Taxes
o d) Bank OD Account
7. Which group does 'Fixed Assets' fall under?
o a) Current Assets
o b) Investments
o c) Fixed Assets
o d) Current Liabilities
8. Sales account comes under which group?
o a) Sales Accounts
o b) Indirect Income
o c) Direct Income
o d) Direct Expenses
9. Outstanding Salaries is classified under which group?
o a) Direct Expenses
o b) Indirect Expenses
o c) Provisions
o d) Current Liabilities
10. Bank OD Account comes under which group?
o a) Loans (Liability)
o b) Bank Accounts
o c) Current Liabilities
o d) Secured Loans
11. Which group does 'Goodwill' belong to?
o a) Intangible Assets
o b) Fixed Assets
o c) Current Assets
o d) Investments
12. 'Interest on Loan' is categorized under which group?
o a) Indirect Expenses
o b) Direct Expenses
o c) Loans (Liability)
o d) Capital Account
13. Provision for Depreciation falls under which group?
o a) Provisions
o b) Current Liabilities
o c) Fixed Assets
o d) Current Assets
14. What group would 'Prepaid Expenses' fall under?
o a) Indirect Expenses
o b) Current Liabilities
o c) Loans & Advances (Assets)
o d) Provisions
15. 'Rent Paid' belongs to which group in Tally Prime?
o a) Direct Expenses
o b) Indirect Expenses
o c) Provisions
o d) Direct Incomes
16. Which group does 'Machinery' fall under in Tally Prime?
o a) Fixed Assets
o b) Current Liabilities
o c) Investments
o d) Current Assets
17. Sundry Creditors is placed under which group?
o a) Loans (Liability)
o b) Current Liabilities
o c) Sundry Creditors
o d) Current Assets
18. 'Freight Charges' comes under which group?
o a) Direct Expenses
o b) Indirect Expenses
o c) Fixed Assets
o d) Current Liabilities
19. Which group does 'Salary Payable' fall under?
o a) Current Assets
o b) Current Liabilities
o c) Provisions
o d) Indirect Expenses
20. 'Drawings' is classified under which group?
o a) Capital Account
o b) Loans (Liability)
o c) Current Assets
o d) Direct Income
21. Which group does 'GST Payable' fall under?
o a) Direct Expenses
o b) Duties & Taxes
o c) Sundry Creditors
o d) Provisions
22. 'Insurance Premium' is categorized under which group?
o a) Indirect Expenses
o b) Direct Expenses
o c) Current Assets
o d) Loans & Advances (Assets)
23. 'Discount Allowed' belongs to which group in Tally Prime?
o a) Indirect Expenses
o b) Indirect Income
o c) Direct Expenses
o d) Direct Income
24. Which group does 'Loans Given' fall under?
o a) Current Assets
o b) Loans & Advances (Assets)
o c) Loans (Liability)
o d) Bank Accounts
25. 'Capital Introduced' is placed under which group?
o a) Current Liabilities
o b) Capital Account
o c) Fixed Assets
o d) Indirect Income
26. Which group does 'Bad Debts' belong to?
o a) Current Liabilities
o b) Sundry Creditors
o c) Indirect Expenses
o d) Direct Income
27. 'Depreciation' is classified under which group?
o a) Fixed Assets
o b) Indirect Expenses
o c) Provisions
o d) Indirect Income
28. Which group does 'Stock in Hand' fall under?
o a) Current Assets
o b) Current Liabilities
o c) Direct Expenses
o d) Sundry Creditors
29. 'Interest Received' comes under which group?
o a) Indirect Income
o b) Loans & Advances (Assets)
o c) Indirect Expenses
o d) Direct Income
30. What group would 'Accrued Income' fall under?
o a) Current Liabilities
o b) Loans (Liability)
o c) Current Assets
o d) Capital Account
