A&A Business Consulting Interview Questions and Answers

Q1. Tally full form
Ans. 
Tally full form is 'Tax Accounting and Legal Liabilities Yield'
• Tally is a popular accounting software used for financial transactions

• It helps in managing inventory, payroll, and other accounting functions

• Tally is widely used by businesses to maintain their financial records
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Q2. Who create company
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Q3. Who to create leger
Ans. 
To create a ledger, you need to follow specific steps and guidelines to accurately record financial transactions.
• Identify the accounts to be included in the ledger

• Assign each account a unique account number

• Record all transactions in the appropriate accounts

• Balance the accounts at the end of each accounting period

• Ensure accuracy and consistency in recording transactions
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Q4. Who to create vouchers
Ans. 
Vouchers can be created by authorized users in Tally software to record financial transactions.
• Authorized users can create vouchers by selecting the appropriate voucher type (e.g. sales, purchase, payment, receipt, etc.)

• Users need to enter relevant details such as party name, amount, date, and other transaction specifics

• Vouchers should be verified and approved before finalizing to ensure accuracy and compliance with ac
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Q5. Who to create tally
Ans. 
To create a Tally account, you need to download and install the software, set up company details, configure settings, and start entering transactions.
• Download and install Tally software from the official website

• Set up company details such as name, address, financial year, etc.

• Configure settings like taxation details, currency, and language preferences

• Start entering transactions like sales, purchases, expenses, etc.
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Mcq related accounting
Journal entry

Q1. Typing test within 60 sec
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Q1. Deferred revenue Basic journal entry
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Class x
In 2021
Studying in sai narayana high school

Q1. What is your ambition
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