[Solved] Question to Arrange the Following Steps for Creation final accounts

by ADAMDecember 04, 20230 Comments

 Welcome back again today we are going to solve a question based on the "arrange the following steps for creation of final accounts in tally".


These are the most common question questions that can be asked in any tally exam so if you are a tally student or learning tally, you should know how to solve these questions.


So let's start our post and solve the questions:


arrange the following steps for the creation of final accounts in tally


Q.1: Arrange the following steps for creating final accounts in Tally in the correct sequence:

a) Ledger Posting

b) Trial Balance

c) Journal Entries

d) Financial Statements


Options:

A) a, c, b, d

B) c, a, b, d

C) b, a, c, d

D) c, b, a, d


Q.2: What is the correct order of the steps needed in Tally for generating final accounts?


Please take 1st question options.


Options:

A) a, c, d, b

B) c, a, d, b

C) b, a, c, d

D) c, b, a, d


Q.3: Arrange the following steps required for final accounts creation in Tally in the proper sequence:

a) Ledger Posting

b) Trial Balance

c) Journal Entries

d) Financial Statements


Options:

A) a, b, c, d

B) c, a, b, d

C) b, a, c, d

D) c, b, a, d


Q.4: Which sequence correctly outlines the steps involved in Tally for preparing final accounts?


Please take 3rd question options.


Options:

A) a, c, b, d

B) c, a, b, d

C) b, a, c, d

D) c, b, a, d


Q.5: Rearrange the steps needed for creating final accounts in Tally in the correct order:

a) Ledger Posting

b) Trial Balance

c) Journal Entries

d) Financial Statements


Options:

A) a, c, b, d

B) c, a, b, d

C) b, a, c, d

D) c, b, a, d


Download Solution:- Click Here 



Arrangments of accounts for the final account


Please follow this arrangement to solve these questions.

  • Journal Entries
  • Ledger Posting
  • Trial Balance
  • Adjustments
  • Adjusted Trial Balance
  • Financial Statements
  • Closing Entries
  • Post-Closing Trial Balance



Conclusion


Here in this post, we add some questions related to "arrange the following steps for creation of final accounts in tally" so if you are also learning accounts then you can solve these questions and remember the account sequence in tally.


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