Balbharti Maharashtra State Board 12th Commerce Book Keeping & Accountancy Solutions

Chapter 10 Computer in Accounting Textbook Exercise Questions and Answers.

1. Objective questions:

A. Select the most appropriate alternatives from those given below and rewrite the statements.

Question 1.
The primary document for recording all financial transactions in Tally is the ______________
(a) Journal
(b) Trial sheet
(c) Voucher
(d) File
Answer:
(c) Voucher

Question 2.
______________ displays the balance day-wise for a selected voucher type.
(a) Record book
(b) Ledger book
(c) Journal book
(d) Daybook
Answer:
(d) Daybook



Question 3.
Fixed Deposit A/c comes under ______________ group.
(a) Investments
(b) Current liability
(c) Bank A/c
(d) Current asset
Answer:
(a) Investments

B. Give the word term or phrase which can substitute each of the following statements:

Question 1.
The details of Bills receivable are maintained in this record.
Answer:
Sundry Debtors

Question 2.
Tally software is classified into this category.
Answer:
Mercantile

Question 3.
The short key is used to save or accept the information.
Answer:
Ctrl + A



Question 4.
It is a damaged software, cracked, nearly fully functional.
Answer:
Pirated Software

Question 5.
The process by which all the calculations are automatically done by the accounting software.
Answer:
Automation

C. State whether the following statements are true or false with reason:

Question 1.
Alt + D is the short key for delete voucher entries.
Answer:
This statement is True.
To delete voucher entries, people use the Alt + D key.

Question 2.
In Tally, the F6 Function key is for the payment vouchers.
Answer:
This statement is False.
In Tally, the F6 Function key is useful for receipt vouchers.



Question 3.
Legal software is fully functional software without any restriction.
Answer:
This statement is True.
The base of the legal software is fully functional, safe, and legal, so one can use this kind of software without any hesitation and restriction.

Question 4.
Salary Account comes under Indirect expenses.
Answer:
This statement is True.
When the expenses are made for the purchase of goods, and for the manufacturing process, they are known as a direct expense. Salary does not fall in that category and so it comes under the indirect expense category.

Question 5.
Accounting software may not be customized to meet the special requirement of the user.
Answer:
This statement is False.
Customized Accounting software is prepared to meet the special requirement of the user which is not readily available in the market.

D. Answer in One Sentences:

Question 1.
What is CAS?
Answer:
CAS means Computerized Accounting System which helps business firms to implement accounting processes and makes it user friendly with automation.

Question 2.
Write the steps to create a ledger account in tally.
Answer:
Steps to create a ledger account in the tally are as follows:



Question 3.
How to view reports in Tally?
Answer:
For viewing accounting reports in accounting software to click on the report option and select the Display option.

Question 4.
State the various types of vouchers.
Answer:
Following are the various voucher types:

Question 5.
Write the steps to create a company.
Answer:
Following are the steps to create a company: