1. What is Tally Prime?

Ans:- Tally Prime is an Accounting software.

 Versions of Tally software:-

Tally 4.0 Tally 5.4 Tally 8.1 Tally Prime

Tally 4.5 Tally 6.3 Tally 9.0

Tally 5.0 Tally 7.2 Tally .ERP 9

 Note:- Tally Prime is the Latest Version.

 History of Tally Software:-

TALLY

Accounting Software

Tally Solution Pvt. Ltd. (Bangalore)

1988 (Launch)

Used by 100+ Countries

2 Million Users
 Introduction:→

Tally is an Accounting software and Inventory management business software

included with the feature of Taxation & Payroll.
This accounting software is used by small and medium scale business.
Tally software generally maintain the accounting transactions, inventory and stock
management, invoicing or billing, salary management etc.

Tally Software is developed by “Tally Solution Pvt. Ltd.”. Tally is used by over 2
Million users across the world.

 Feature of Tally Software:-

Accounts
Feature

Inventoy Taxation
Feature Feature

Tally
Payroll Data
Feature Maintainance

Banking
Feature
 Accounts Feature :- Related to cash & bank entry.
 Inventory Feature:- Related to Stock/goods/products.
 Taxation Feature:- Related to indirect taxes.
 Payroll Feature:- Related to employees, attendance, salary.
 Data Maintenance:- Related to Password setting, Backup, Restore etc.
 Banking Feature :- Related to cheque management, Bank Reconciliation
Accounting is the language of every business. We can use this language to communicate
financial transactions and their results. Accounting is a system to collect, analyze and
communicate financial information.
In old age accounting means Money.
In 1494, Lucas Pacioli introduced the new concept of accounting. He is also known as
“Father of Accounting”.

Accounting or Book Keeping

Father of Accounting

Lucas Pacioli

Year

In 1494
Place

Italy

 Definition:→
1. Accounting is the process of identifying measuring, recording and
communicating economic information.
Or,
2. Accounting system means of collecting, recording, summarizing, analyzing and
reporting in monetary terms.

Or,
3. Accounting is the managing process of business resources (Money & Material).

Note:- Accounting has been defined in different ways by different authors and
 experts.
 Definition of Book Keeping:-

Book Keeping is the art of recording business transactions in systematic manner.

 Definition of Accountancy:-
Accountancy is the practice of recording, classifying and reporting of financial
transactions for a business.
 Definition of Accountant:-

An Accountant maintains, prepares and audits financial records for a company.

 Definition of Finance:-
Finance is the management of large amount of money included with banking,
investments, assets and liabilities. Finance is talking about important decision on
the basis of accounting reports.

 Branches/Types of Accounting:-

Branches of Accounting

Financial Accounting Managerial Cost Accounting

Accounting Used to record
Used to prepare
Income Statement & Used to make decision manufacturing
Financial Reports. and controlling the activities and cost of
management activities. production.
 Users of Accounting Information:-
Users

Internal External

Suppliers
Owner/Proprietor

Bank
Employees/Workers

Government
Management

Investos

 Purpose Or Need of Accounting:-

 To record all the transactions of business.

 To provide total earning details of business.
 How much money was earned in previous year?
 How much earn in this year?
 Is our business improving?
 How much money do we have?
 Is our business in profit & loss position?

 Process of Accounting:-
  Collection of Business transactions.
 Recording of transactions (Journalizing).
 Classifying and Calculating (Ledger-Posting).
 Summarizing (Trial Balance).
 Reporting (Final Accounts)

Trading Account

Profit & Loss Account

Balance Sheet

 Stage of Accounting Cycle:-

Financial Transacton

Balance
Journal
Sheet

Accounting Cycle

Profit & Ledger

Loss A/c Posting

Trail
Balance

 Accounting/ Financial year:-

 A Financial year is 12 months period over which company’s financial accounts are
calculated. Accounting year is started from 1st April and ends at 31st March.

E.g:- Calendar Year = 1st Jan. to 31st Dec.

Financial Year = 1st Apr. to 31st Mar.

 Basic Accounting Terms:-
Accounting Terms are used in daily business activities.

1. Business:- A Business is an organization or artificial person, where goods or

services are exchanged one to another for earning money.

 There are two types of business

a. Trade Business b. Non-Trade Business

2. Business Transaction:- Exchange or dealing of goods or services in cash or on

credit one business to another .

Transaction

Cash Transaction Credit Transaction

Immediate payment or Payment or receipt of

receipt of cash cash postponed to
future date

3. Proprietor/Owner :- The person who invests his money in business or

organization and bears the all risks.

Business Invested by Mr. Ram

4. Capital:- Capital is the amount which invested by the proprietor or
owner to start a new business. Capital terms shows the amount or
assets value.
e.g.:- Mr. Ram started a new business with capital Rs. 5,00,000.

Note:- Capital is also called as “Owner’s Equity” or Net Worth.

5. Drawing:-The value of goods cash withdrawn by the owner from his business for
his personal or domestic use.
e.g.:- Mr. Ram withdrawn cash Rs.50,000 from business for his personal use.

Withdrawn 50,000 for personal purpose

6. Debtors:-The person who purchase goods on credit from the supplier.

Credit Credit

You purchased goods Sold goods to you

Debtors Supplier

7. Creditors:-The person who sold goods on credit to the customer.

Credit Credit

You Sold goods Purchased goods from you

Creditors Customer

8. Discount:-Discount is the concession or reduction of amount which given to the

customer on buying of goods in large quantity.
Discount

Trade Discount
Cash Discount

Trade discount is an amount Cash discount is a reduction in

deducted from the list price of the amount of an invoice.
goods

Applied on Percent Basis Applied on Value Basis

Other Discount Types:- Quantity Discount, Free Shipping, Buy One Get One,
Seasonal Discount.
9. Assets:-Assets are referred to properties or things which related to the
business.
Assets

Current Assets Fixed Assets

Within a short period Use for long period of

of time time

Within One Year Till after One year

e.g.- Cash, Debtors, Stock etc. e.g.- Furniture, Land, Machinery etc.
 10. Expenses:- Expenses denotes the amount which spent on the cost of goods or
services for earning revenue.
Expenses

Direct Expense Indirect Expense

A Long period of time

A Short period of time

e.g.- Salary, Rent, Advertisement etc.

All factory & Godown Expenses All Office & Admin. Expenses

e.g.- Wages, Freight, Carriage etc.

11. Purchase:- When goods are bought from the supplier in cash or on credit.

Purchase

Cash Purchase Credit Purchase

Payment made on the

time of purchase.

Purchase is done but

payment is later.

e.g.- Purchased goods Rs. 5,000.

e.g.- Purchased goods from Ravi Rs. 5,000 on
credit.
12. Purchase Return or Return Outward:- When goods are return against purchase to
the party(Supplier).
e.g.- On 24/6, Purchased goods from Mahesh traders (Creditors) Rs.10,000 on credit.

On 28/6, Goods are returned to Mahesh traders Rs.2000 against purchase.

This transaction shows the Purchase Return.

13. Sales:- Goods or services sold by business is called Sales.

Sales

Credit Sales

Payment received on the Sales done but receive

Cash
time Sales
of sales. cash later.

e.g.- Sold goods Rs. 7,000.

e.g.- Sold goods to Rishi Rs. 7,000 on credit.

14. Sales Return or Return Inward:- Goods are returned from customer against sales.

e.g.- On 25/6, Sold goods to Ramesh Traders Rs.15,000 on credit.

On 29/6, Goods returned from Ramesh Rs.1000 due to bad quality.

This transaction shows the Sales Return.

15. Income:- Income terms denotes the difference between revenue and expenses.

Income

Direct Income Indirect Income

e.g.- Sales of goods e.g.- Discount Received,

Interest Received etc.

16. Liability:- Liability is the legal obligations which taken by the business from
financial institution or outsiders.

Liability

Current Liability Fixed Liability

e.g.- Tax, Supplier, Short e.g.- Long term loan.

Term Loan, Overdraft.

17. Expenditure:- Expenditure refers to payments made or liabilities incurred in
exchange for goods or services.

Expenditure

Capital Expenditure Revenue Expenditure

e.g.- Payment made for
e.g.- Purchase of
Machinery/furniture. salary, rent etc.

Accounts

Accounts are identifying the nature of business transactions which related to Assets,
Liabilities, Expenses and Income.

 Classification of Accounts:-
 Personal Account e.g.- Ram’s A/c, Capital A/c

Accounts Real Account e.g.- Cash A/c, Furniture

A/c

Nominal Account e.g.- Salary A/c, Rent A/c

1. Personal Account:- This Account type is identify the terms of persons(Natural &
Artificial Person).
e.g.- Ram’s A/c, Company’s A/c, Creditor’s A/c.

2. Real Account:- Real Account collects the terms of properties and Assets related to
the business.
e.g.- Cash A/c, Car A/c, Building A/c, Land A/c.

3. Nominal Account:- All types of expenses, losses, Incomes and gains accounts are
placed under Nominal Account.
e.g.- Salary A/c, Rent A/c, Discount Received A/c.
 Examples of Personal, Real and Nominal Accounts.

1. Capital A/c → Personal Account

2. Cash-in-hand → Real Account
3. HDFC A/c → Personal Account
4. Furnitures A/c → Real Account
5. Discount Allowed A/c → Nominal Account
6. Cash-at-Bank → Real Account
7. Stock in hand → Real Account
8. Insurance Premium A/c → Nominal Account
9. Office Rent A/c → Nominal Account
10.Repairing charges A/c → Nominal Account
11.Wages A/c → Nominal Account
12. Machinery A/c → Real Account
13.Drawing A/c → Personal Account
14.Purchase A/c → Nominal Account
15.Purchase Return A/c → Nominal Account
16.Sales A/c → Nominal Account
17.Sales Return A/c → Nominal Account
18.Loan at SBI A/c → Personal Account
19.Computers A/c → Real Account
20.Factory Expenses A/c → Nominal Account
21.Debtors A/c → Real Account
22.Over Draft at SBI → Personal Account
23.Electricity Bill A/c → Nominal Account
24.Building A/c → Real Account
25. Creditors A/c → Personal Account
 Rules of Debit and Credit on the basis of accounts

The Receiver is Debit (Dr.)

Personal Account
The Giver is Credit (Cr.)

Real Account What Comes in Debit (Dr.)

Golden
Rule What Goes Out Credit (Cr.)

Nominal Account

All Expenses/Losses Debit (Dr.)

All Incomes/Gains Credit (Cr.)

 Definition of Journal Entry:-

Journal Entries are the first step in the accounting cycle. They are used to record all
business transactions and events.

 Definition of Journalizing:-

Journalizing is the process of keeping a record of all your business transaction in

chronological order and included with date, debit, credit and description of
transaction.

 Format of Journal :-
Date Particulars LF Debit (Rs.) Credit (Rs.)

01/04/20 Cash A/c ----- Dr. 300000

To Capital A/c 300000

(Being Started business by Ravi)

02/04/20 Bank A/c ------- Dr. 20000

To Cash A/c 20000

(Being deposited into bank)

 Step of passing journal entry:-

1. Identify the transactions.

2. Identify the nature of accounts.
3. Put on the Golden rule.

Entry System
1. Double Entry System:-

In this entry system every transaction has dual effects with equal amount.
This system is based on Dual Aspect concept.

2. Complex/Compound Entry System:-

In this entry system transactions have more than one debit and one credit with
same nature and same date.

 Example of Double Entry System:-

1. Purchase machine for cash Rs.90, 000.

A/c Head Machine A/c Cash A/c

A/c Type Real A/c Real A/c

Condition Comes In Goes Out

Nature Dr. Cr.

Entry:- Machine A/c -------Dr. 90,000

To Cash A/c 90,000

2. Paid Rent Rs.5,000.

A/c Head Rent A/c Cash A/c

A/c Type Nominal A/c Real A/c

Condition Expenses Goes Out

Nature Dr. Cr.

Entry:- Rent A/c -------Dr. 5,000

To Cash A/c 5,000

3. Receive commission Rs.2,000.

A/c Head Commission Received A/c Cash A/c

A/c Type Nominal A/c Real A/c

Condition Income Comes In

Nature Cr. Dr.

Entry:- Cash A/c -------Dr. 2,000

To Commission Rec. A/c 2,000
4. Purchase equipment from Raj Store Rs.26,000 on credit.

A/c Head Equipment A/c Raj Store A/c

A/c Type Real A/c Personal A/c

Condition Comes In Giver

Nature Dr. Cr.

Entry:- Equipment A/c -------Dr. 26,000

To Raj Store A/c 26,000

5. Purchase Water Purifier for Rs.6,500.

A/c Head Water Purifier A/c Cash A/c

A/c Type Real A/c Real A/c

Condition Comes In Goes Out

Nature Dr. Cr.

Entry:- Water Purifier A/c -------Dr. 6,500

To Cash A/c 6,500

6. Paid wages Rs.3,000.

A/c Head Wages A/c Cash A/c

A/c Type Nominal A/c Real A/c

Condition Expenses Goes Out

Nature Dr. Cr.

Entry:- Wages A/c -------Dr. 6,500

To Cash A/c 6,500
 Record the following transactions in journal with narration.
1. Started Business with cash 50,000.
2. Purchase machine for Rs.30,000.
3. Purchase cycle for Rs.2,000.
4. Purchase goods for Rs. 7,000.
5. Paid carriage Rs.200.
6. Sale goods for Rs. 8,000.
7. Receive interest Rs.900.
8. Paid electricity bill Rs. 1500.
Date Particulars LF Debit Credit

01/04 Cash A/c -------Dr. 50000

To Capital A/c 50000

(Being Started business)

02/05 Machine A/c -------Dr. 30000

To Cash A/c 30000

(Being purchase machine)

03/04 Cycle A/c --------Dr. 2000

To Cash A/c 2000

(Being purchase a cycle)

04/04 Purchase A/c -------Dr. 7000

To Cash A/c 7000

(Being purchase goods in cash)

05/04 Carriage A/c ------Dr 200

To Cash A/c 200

(Being carriage paid)

 06/04 Cash A/c -------Dr. 8000

To Sales A/c 8000

(Being goods sale in cash)

07/04 Cash A/c --------Dr. 900

To Interest Received A/c 900

(Being receive interest)

08/04 Electricity Bill A/c 1500

To Cash A/c 1500

(Being paid electricity bill)

Total 99600 99600

 Example of Drawings entries:-

1. Started business with Capital Rs. 1,00,000.

Entry :- Cash A/c --------Dr. 1,00,000.

To Capital A/c 1,00,000.

2. Withdrawn Cash from business Rs. 10,000 for personal use.

Entry :- Drawings A/c --------Dr. 10,000.

To Cash A/c 10,000.

3. Withdrawn goods from business Rs. 5,000 for domestic purpose.

Entry :- Drawings A/c --------Dr. 5,000.
To Purchase A/c 10,000.

 Example of Purchase and Sales Return entries:-

1. Purchased goods from Ranjeet Rs. 34,000.

Entry :- Purchase A/c --------Dr. 34,000.

To Ranjeet’s A/c 34,000.

2. Goods returned to Ranjeet Rs. 4,000.

Entry :- Ranjeet’s A/c --------Dr. 4,000.

To Purchase Return A/c 4,000.

3. Sold goods to Piyush Rs. 55,000.

Entry :- Piyush’s A/c --------Dr. 55,000.

To Sales A/c 55,000.

4. Goods are returned from Piyush Rs. 2,000.

Entry :- Sales Return A/c --------Dr. 2,000.

To Piyush’s A/c 2,000.
 Example of Discount entries:-

1. Sold goods to Prashant Rs. 50,000 with Trade discount 2%.

Entry : Prashant’s A/c ------Dr. 49,000.

To Sales A/c 49,000.

Note:- Trade discount is always deducted in amount not shows in entry.

2. Sold goods to Ganesh Rs. 1,00,000 with Trade discount @10% and received
cash.

Entry : Cash A/c ------Dr. 90,000.

To Sales A/c 90,000.

3. Purchased goods from Umesh Rs. 40,000.

Entry : Purchase A/c ------Dr. 40,000.

To Umesh A/c 40,000.

4. Paid cash to Umesh Rs. 38,000 with full settlement.

Entry : Umesh’s A/c ------Dr. 40,000.

To Cash A/c 38,000
To Discount Received A/c 2,000.

5. Sold goods to Yogesh Rs.50,000.

Entry : Yogesh’s A/c ------Dr. 50,000.

To Sales A/c 50,000.

6. Goods returned from Yogesh Rs. 5,000.

Entry : Sales Return A/c ------Dr. 5,000.

To Yogesh’s A/c 5,000.
7. Received cash from Yogesh Rs. 42,000 and discount allowed Rs. 3,000 to him.

Entry : Cash A/c ------Dr. 42,000.

Discount Allowed a/c ---Dr. 3,000
To Yogesh’s A/c 45,000.
 Example of Compound Entry Transaction:-
1. Purchased goods Rs. 50,000, Paid wages Rs.3,000 and Carriage Rs. 1,000.

Entry:- Purchase A/c ------Dr. 50000

Wages A/c ------Dr. 3000
Carriage A/c------Dr. 1000
To Cash A/c 54000

2. Paid Salary Rs. 40,000, Electricity Bill Rs. 2,500 and Office Rent Rs. 20,000.

Entry:- Salary A/c ------Dr. 40000

Electricity Bill A/c------Dr. 2500
Office Rent A/c ------Dr. 20000
To Cash A/c 62500

3. Sold goods Rs. 60,000, withdrawn cash from bank Rs. 10,000 and received
commission Rs. 10,000.

Entry :- Cash A/c ------Dr. 80000

To Sales A/c 60000
To Bank A/c 10000
To Commission Received A/c 10000

4. Deposited cash into SBI Rs. 40,000 and HDFC Rs. 50,000.

Entry :- SBI A/c ------Dr. 40000

HDFC A/c ------Dr. 50000
To Cash A/c 90000
5. Purchased goods from Rajesh Rs. 30,000 and Ajay Rs. 40,000 on credit.

Entry :- Purchase A/c ------Dr. 70000

To Rajesh’s A/c 30000
To Ajay’s A/c 40000
 FOA Assignment No. 1:;-
Identify the nature of accounts (Personal\Real\Nominal):-

1. Postage and telegrams A/c  Personal A/c  Real A/c  Nominal A/c
2. Telephone charges A/c  Personal A/c  Real A/c  Nominal A/c
3. Fixtures and fittings A/c  Personal A/c  Real A/c  Nominal A/c
4. Land and building A/c  Personal A/c  Real A/c  Nominal A/c
5. Discount Allowed A/c  Personal A/c  Real A/c  Nominal A/c
6. Bank overdraft A/c  Personal A/c  Real A/c  Nominal A/c
7. Loan from others  Personal A/c  Real A/c  Nominal A/c
8. Depreciation on assets  Personal A/c  Real A/c  Nominal A/c
9. Printing & Stationery A/c  Personal A/c  Real A/c  Nominal A/c
10. Staff Welfare A/c  Personal A/c  Real A/c  Nominal A/c
11. Capital A/c  Personal A/c  Real A/c  Nominal A/c
12. Sales A/c  Personal A/c  Real A/c  Nominal A/c
13. Bonus A/c  Personal A/c  Real A/c  Nominal A/c
14. Factory Land A/c  Personal A/c  Real A/c  Nominal A/c
15. Charity & Donation A/c  Personal A/c  Real A/c  Nominal A/c
16. Cash In Hand  Personal A/c  Real A/c  Nominal A/c
17. Cash at Bank  Personal A/c  Real A/c  Nominal A/c
18. Electricity Charges A/c  Personal A/c  Real A/c  Nominal A/c
19. Commission Allowed a/c  Personal A/c  Real A/c  Nominal A/c
20. Sales Returns A/c  Personal A/c  Real A/c  Nominal A/c
21. Purchase A/c  Personal A/c  Real A/c  Nominal A/c
22. Purchase Returns A/c  Personal A/c  Real A/c  Nominal A/c
23. Cartage Charges A/c  Personal A/c  Real A/c  Nominal A/c
24. Carriage Inward A/c  Personal A/c  Real A/c  Nominal A/c
25. Drawings A/c  Personal A/c  Real A/c  Nominal A/c
26. Raman Enterprises A/c (Customer) Personal A/c  Real A/c  Nominal A/c
27. Stock In Hand  Personal A/c  Real A/c  Nominal A/c
28. Goodwill A/c  Personal A/c  Real A/c  Nominal A/c
29. Bills Payable A/c  Personal A/c  Real A/c  Nominal A/c
30. Insurance Premium A/c  Personal A/c  Real A/c  Nominal A/c
31. Shares A/c  Personal A/c  Real A/c  Nominal A/c
32. HDFC  Personal A/c  Real A/c  Nominal A/c
33. Auditing Fee A/c  Personal A/c  Real A/c  Nominal A/c
34. Live Stock A/c  Personal A/c  Real A/c  Nominal A/c
35. Interest Received A/c  Personal A/c  Real A/c  Nominal A/c
36. Fuel & Gas A/c  Personal A/c  Real A/c  Nominal A/c
37. Harshit Traders A/c (Supplier)  Personal A/c  Real A/c  Nominal A/c
38. O/d at SBI  Personal A/c  Real A/c  Nominal A/c
39. Loan from Kamal  Personal A/c  Real A/c  Nominal A/c
40. Travelling Expenses A/c  Personal A/c  Real A/c  Nominal A/c
41. Bills Receivable A/c  Personal A/c  Real A/c  Nominal A/c
42. Plant & Machinery A/c  Personal A/c  Real A/c  Nominal A/c
43. Repairing Charges A/c  Personal A/c  Real A/c  Nominal A/c
44. Professional Fees A/c  Personal A/c  Real A/c  Nominal A/c
45. Bank Charges A/c  Personal A/c  Real A/c  Nominal A/c
46. Loan from HDFC  Personal A/c  Real A/c  Nominal A/c
47. Carriage on Sales a/c  Personal A/c  Real A/c  Nominal A/c
48. Freight Charges a/c  Personal A/c  Real A/c  Nominal A/c
49. Computer A/c  Personal A/c  Real A/c  Nominal A/c
50. Petty Cash A/c  Personal A/c  Real A/c  Nominal A/c
51. Raw Materials A/c  Personal A/c  Real A/c  Nominal A/c
52. Consultancy Fee Received A/c  Personal A/c  Real A/c  Nominal A/c
53. Discount Received A/c  Personal A/c  Real A/c  Nominal A/c
54. Provident Fund A/c  Personal A/c  Real A/c  Nominal A/c
55. Advance Salary A/c  Personal A/c  Real A/c  Nominal A/c
56. Lorry (Vehicle) A/c  Personal A/c  Real A/c  Nominal A/c
57. Interest Allowed A/c  Personal A/c  Real A/c  Nominal A/c
58. Salary Payable A/c  Personal A/c  Real A/c  Nominal A/c
59. Debtors A/c  Personal A/c  Real A/c  Nominal A/c
60. Coffee Machine A/c  Personal A/c  Real A/c  Nominal A/c
 FOA Assignment No 2 :-
Journalize the following transactions-
1. Mr. Umesh started a business with Rs. 12,00,000.

2. Purchased goods for cash Rs. 2,00,000.

3. Deposited cash into HDFC Rs. 2,50,000.

4. Purchased goods by Cheque of HDFC Rs. 1,00,000.

5. Purchased goods from Ramakant Traders Rs. 2,25,000 on credit.

6. Paid Office Rent Rs. 55,000.

7. Sold goods to cash Rs. 8,00,000.

8. Commission received Rs. 1,20,000.

9. Salaries paid by cheque of HDFC Rs. 90,000.

10. Sold goods to Gopal Bros. Rs. 30,000.

 FOA Assignment No. 3 :-
Journalize the following transactions-
1. Mr. Yogesh Harsh commenced business with cash Rs. 20,00,000.

2. Purchase furniture for Rs. 1,00,000.

3. Borrowed loan from Mr. Raju Rs. 20,000.

4. Purchased goods on credit from Mr. Mohan Rs. 80,000.

5. Sold goods to Mr. Rajesh on credit Rs. 95,000.

6. Purchased goods for cash Rs. 1,20,000.

7. Sold goods for cash Rs. 50,000.

8. Cash deposited into SBI Rs. 1,00,000.

9. Received cash from Mr. Rajesh Rs. 55,000.

10. Withdrawn cash for personal use Rs. 5000 from business.
11. Received commission Rs. 20,000.

12. Interest paid on loan Rs. 2,000.

13. Paid Carriage on Sales Rs. 1,200.

14. Paid cash to Mr. Mohan Rs. 60,000.

15. Goods withdrawn for personal use Rs.7,000 from business.

16. Received a cheque of Axis bank Rs. 40,000 from Mr. Rajesh.

17. Issued a cheque of SBI Rs.20,000 to Mr. Mohan.

18. Interest allowed by SBI bank Rs. 2,400.

19. Withdrawn cash from SBI for office use Rs. 30,000.

20. Paid cash to Mr. Raju Rs. 15,000.

 FOA Assignment No. 4:-
Journalize the following transactions-
1. Mr. Krishna started business of Computer Education Rs. 8,00,000.

2. Purchased Computers Rs. 1,80,000.

3. Purchased furniture & fittings Rs. 55,000.

4. Tally admission fee received Rs. 1,20,000.

5. Ms-Office admission fee received Rs. 85,000.

6. Graphics admission fee received Rs. 95,000.

7. Office rent paid Rs. 8,000.

8. Electricity bill paid Rs. 5,500.

9. Paid salaries to staffs Rs. 24,500.

10. Paid mobile & telephone charges Rs. 1,250.

 FOA Assignment No. 5 :-

 Journalize the following transactions-
1. Mr. Wasim commenced a business with cash Rs. 3,00,000.

2. Purchased goods from Mr. Vinay Rs. 80,000.

3. Cash sales Rs. 50,000.

4. Bought machinery Rs. 15,000.

5. Sold goods to Mr. Ravi Rs. 40,000.

6. Sold goods to Mrs. Kiran Rs. 12,000.

7. Paid for stationery Rs. 1,000.

8. Paid Carriage charges Rs. 500.

9. Bought furniture for proprietor’s home and paid cash Rs. 10,000 from business.

10. Sold goods to Mr. Santosh for cash Rs. 30,000.

11. Paid for wages Rs. 1,500.

12. Received Commission Rs. 12,000.

13. Give a loan to Mrs. Madhu Rs. 60,000.

14. Deposited cash into BOI Rs. 80,000.

15. Received interest on loan from Mrs. Madhu Rs. 6000.

16. Paid donation to charity Rs. 5,000.

17. Purchased plant & machinery from Uday Traders Rs. 65,000 on credit.

18. Paid to Uday Traders Rs. 30,000 through net banking of BOI.

 FOA Assignment No. 6 :-

 Journalize the following transactions with date and narration-
1. 01-09-2019, Mr. Kamlesh Started business with Rs. 15,00,000.

2. 02-09-2019, Cash deposited into ICICI Bank Rs. 3,50,000

3. 03-09-2019, Purchase Bike Washing Machinery by Cheque of ICICI Rs. 75,000 Chq. No.-236548

4. 04-09-2019, Purchase furniture for cash Rs. 65,000.

5. 06-09-2019, Received Honda bike service charges Rs. 82,000.

6. 07-09-2019, Received Hero bike service charges Rs. 1,20,000 by Cheque of SBI, Chq. No.- 525448.

7. 09-09-2019, Received Royal Enfield Service charges Rs. 1,55,500.

8. 15-09-2019, Salaries paid by cheque of ICICI Rs. 38,750, Chq. No.- 238854.

9. 17-09-2019, Withdrawn cash from business Rs. 35,000 for domestic purpose.
10. 17-09-2019, Paid Staff Welfare expense on the occasion of festival Rs. 24,800.

11. 19-09-2019, Received KTM Suzuki service charges Rs. 95,000 by cheque of BOI, Chq. No.-548902

12. 21-09-2019, withdrawn cash from ICICI Rs. 1,00,000 for office use.

13. 22-09-2019, Paid Bank Charges Rs. 350.

14. 24-09-2019, Paid Office rent Rs. 16,000 through Cheque of ICICI, Chq. No. – 239102.

15. 29-09-2019, Paid Office expenses Rs. 3,800.

 FOA Assignment No. 7 :-
 Write Journal Entries for the transactions in journal format.

1. Harish started business with cash Rs. 10,00,000.

2. Deposited cash into SBI Rs. 2,00,000.
3. Bought goods from Manohar Rs. 50,000.
4. Purchase Furniture & Fittings for cash Rs. 80,000.
5. Sold goods to Charanjeet Rs. 16,000.
6. Paid cash to Manohar Rs. 30,000.
7. Sold goods Ram & Co. Rs. 20,000.
8. Received from Charanjeet Rs. 15,400 and allowed him discount Rs. 600
9. Paid wages Rs. 800
10. Bought goods for cash Rs. 60,000 with Trade Discount @ 5%.
11. Sold goods to Ramesh Rs. 34,000
12. Purchase goods from Yash Traders Rs. 26,000
13. Paid Manohar in settlement Rs. 18,000 and discount allowed by him Rs. 2,000.
14. Paid carriage against sales Rs. 400.
15. Paid wages Rs. 900.
16. Bought goods Manohar Rs. 30,000
17. Bought goods for cash Rs. 18,000 with Trade Discount @ 2%.
18. Sold goods Ram & Co. Rs. 40,000
19. Ram & Co. paid by cheque by bank Rs. 40,000.
20. Purchase goods from Hari & Co. Rs. 15,000
21. Sold goods for cash Rs. 16,000 with Trade Discount @5%.
22. Paid cartage Rs. 500
23. Paid to Yash Traders Rs. 24,000 and discount allowed by him Rs. 2,000.
24. Sold goods to Charanjeet Rs. 26,000
25. Bought goods for Manohar Rs. 14,000
26. Bought goods for cash Rs. 15,000 with Trade Discount @ 3%.
27. Paid on account to Manohar Rs. 14,000
28. Received from Charanjeet Rs. 40,000
29. Paid advertisement expense Rs. 15,000 to Bipul Agency.
30. Paid for electric lighting expenses Rs. 12,000
31. Paid Rent Rs. 16,000 to landlord.
32. Harish withdrawn for personal use Rs. 30,000
33. Purchases machinery Rs. 80,000
34. Paid General expense Rs. 190.
 Tally Prime
Tally prime is the latest product from Tally solutions which replaces

Tally.ERP 9.

 Key highlights :-
1. You can quickly access your business data through
different reports.
2. Recording your vouchers and masters in Tally Prime is
simple.
3. Introduction of windows key combinations like Ctrl + C, Ctrl
+ V.
4. Mouse compatibility has been enhanced in the product.
5. Enable go to feature in this product.

 How to start Tally Prime :-

Step – Double click on Tally Prime Icon  Press ‘T’ for continue in
Educational Mode.

 Create a new company :-

Step – Select create company  Fill the all data of your company
 Accept Press (Ctrl+ A), Accept.

Press (Alt + K), for company .

  Select (Alt + F3):- To open your existing company from the company
list.
Step: - Press (Alt + k), Company  Select  choose name
Or,
Press (Alt + F3), Select.

 Shut (Ctrl + F3):- To close the company.

Step :- Press (Alt + k) , Company  Shut Choose name .
Or,
Press (Ctrl + F3), Shut.

 Change (F3):- To start other company from the open list.

Step: - Press (Alt+ K), Company Change  Choose name
Or,
Press (F3), Change.
 Alter:- To Change or add options in company.
Step:- Press (Alt + K), Company Alter Choose name  Press
(Ctrl+ A), Accept .

 Delete:- To remove the company .

Step :- Press (Alt + K), Company Alter choose name open
Press (Alt + D), Delete Yes Yes.
Gateway of Tally

Gateway of tally contains all features related to your Company.

 Create: - This option contains the feature related to Accounts, inventory
etc.

Group:- The group is a collection of ledgers of the Same nature . Group is

identifying the nature of ledgers.

Automatically creates 34 groups.

Primary Groups = 15
Sub – Groups = 13
Alias = 06

 Creation of Group:-
Step: - GOT Create Group

 Display / Alteration of group :-

Step: - GOT Alter Group
 List of Groups:-
1. Capital Account
a. Reserve & Surplus (Retained Earning)
2. Current Assets
a. Bank Account
b. Cash-in-Hand
c. Stock-in-Hand
d. Deposits
e. Loan & Advance (Assets)
f. Sundry Debtors
3. Fixed Assets
4. Investments (Assets)
5. Purchase Account
6. Sales Account
7. Current Liabilities
a. Duties & Taxes
b. Provision
c. Sundry Creditors
8. Loan (Liability)
a. Bank OD A/c (Bank OCC A/c)
b. Secured Loan
c. Unsecured Loan
9. Direct Income (Income Direct)
10. Direct Expenses (Expenses Direct)
11. Indirect Income (Income Indirect)
12. Indirect Expenses (Expenses Indirect)
13. Suspense Account
14. Miscellaneous Expenses
15. Branch/Division

 Ledger: - A ledger is the actual account head to identify your

transactions.

Automatically creates two ledgers.

a) Cash b) Profit & Loss A/c

 Creation of ledger :-
Step: - GOT Create  Ledger.
 Display / Alteration of ledger :

Step:- GOT  Alter  Ledger.

 Tally Assignment No.-1

 Creation of ledgers accounts for recording accounting transaction:-

SL.NO LEDGER NAME UNDER /GROUPS
1. Capital a/c Capital Account
2. Drawing a/c Capital Account
3. Income Tax Capital Account
4. Purchase a/c Purchase Account
5. Purchase return a/c Purchase Account
6. Sales a/c Sales Account
7. Sales return a/c Sales Account
8. Wages a/c Direct Expenses
9. Carriage inward a/c Direct Expenses
10. Factory expense a/c Direct Expenses
11. Power, Fuel, Coal, & gas Direct Expenses
12. Cartage a/c Direct Expenses
13. Transportation a/c Direct Expenses
14. Telephone bill a/c Indirect Expenses
15. Electricity bill a/c Indirect Expenses
16. Bonus a/c Indirect Expenses
17. Insurance premium a/c Indirect Expenses
18. Depreciation a/c Indirect Expenses
19. Office rent a/c Indirect Expenses
20. Discount allowed a/c Indirect Expenses
21. Commission allowed a/c Indirect Expenses
22. Interest allowed a/c Indirect Expenses
23. Printing & stationery a/c Indirect Expenses
24. Building a/c Fixed Assets
25. Computer a/c Fixed Assets
26. Live stocks Fixed Assets
27. Goodwill Fixed Assets
28. Furniture a/c Fixed Assets
29. Factory land a/c Fixed Assets
30. Rent & taxes Indirect Expenses
31. Machinery a/c Fixed Assets
32. HDFC Bank Account
 33. SBI Bank Account
34. ICICI Bank Account
35. Loan from SBI Secured Loan
36. Loan from Kamal Unsecured Loan
37. Interest Received A/c Indirect Income
38. Discount Received A/c Indirect Income
39. O/d from SBI A/c Bank Overdraft Account
40. Genpact Pvt. Ltd. (Supplier) Sundry Creditors
41. ITC Limited (Local Supplier) Sundry Creditors
42. Keltron Infratech (Inter state supplier) Sundry Creditors
43. Thirdware Technology (Loc. Customer) Sundry Debtors
44. Sawraj Pvt. ltd. (Customer) Sundry Debtors
45. Trishal Groups Ltd. ( Int. St. Customer) Sundry Debtors
46. Auditing Fees A/c Indirect Expenses
47. Office Maintenances Charges A/c Indirect Expenses
48. Entertainment Allowance A/c Indirect Expenses
49. Charity & Donation A/c Indirect Expenses
50. Carriage outward A/c Indirect Expenses

Test

 Identify the account groups for following ledgers accounts:-

Sl.No. Ledger Name Under/ Group
1. Partners Capital A/c
2. Proprietor Capital a/c
3. Petty Cash A/c
4. Cash at Branch
5. Kolkata Branch
6. Rent Payable A/c
7. Provident Fund A/c
8. Security Deposits
9. Fuel Expenses A/c
10. Freight Charges A/c
11. Sales Tax A/c
12. CGST
13. Lorry (Vehicle) A/c
14. Office Building A/c
15. Cash Discount to Customer
16. Depreciation A/c
17. Professional Charges Rec.
18. Rent Received A/c
19. Advance Salary A/c
20. Loan to Employees
21. Export Sales
22. Sales @10%
23. Loan from Utkarsh Finance
24. Stock of Raw materials
25. Royal Traders (Supplier)
26. Provision for Rent
27. Carriage on Sales
28. Purchase @ 12%
29. Loan from Arvind
30. Bank Charges A/c
 Voucher Type: - Vouchers are used to record business transactions.

Automatically provides 20 vouchers.

i. Contra
ii. Credit Note
iii. Debit Note
iv. Delivery Note
v. Journal
vi. Material In
vii. Material Out
viii. Memorandum
ix. Payment
x. Physical Stock
xi. Purchase
xii. Purchase Order
xiii. Receipt
xiv. Receipt Note
xv. Rejections In
xvi. Rejections Out
xvii. Reversing Journal
xviii. Sales
xix. Sales Order
xx. Stock Journal.

Accounting Vouchers

This feature is used to recording of daily basis all transactions in

different voucher’s format.

a) Receipt (F6)

b) Payment (F5)

c) Contra (F4)

d) Journal (F7)

e) Purchase (F9)

f) Sales (F8)
1. Receipt Voucher (F6):- Used to record all cash Or cheque received by the
business.
 Collection from debtors.
 Incomes by sales of fixed assets for cash.
 Receipt like commission, interest, advance
Etc.
 Received capital
 Received loans.

Que.  Started business with Capital Rs. 1, 00,000.

Step: GOT  Vouchers  Press (F6) Press (Ctrl + H), Change mode

a) Double Entry
b) Single Entry
c)
2. Payment Voucher (F5):- Used to record all cash and cheque paid by the
business.
 Payment to suppliers/ creditors.
 Paid expenses like: Salary, Rent, Wages, and Commission etc.
 Give loans.

Ques. > Paid office rent Rs. 3000.

Step: - GOT  Vouchers  Press (F5) .

3. Contra Voucher (F4) :-

 Transaction related with transfer of funds between banks, cash,
withdrawals and deposits.
 Cash to Bank
 Bank to Cash
 Bank to Bank
 Cash to Cash (Petty Cash)

Step:- GOT  Vouchers  Press F4.

E.g. Deposited cash into SBI Bank Rs. 50,000.

4. Journal Voucher (F7) :-

Used to enter the adjustment transactions or the transactions

without money movement.

 Fixed assets purchased for credit

 Depreciation on Fixed assets
 Party to party adjustment
 Closing Entry adjustment
 Purchase and Sales Return

Step: - GOT  Vouchers  Press F7.

E.g. Purchase machinery from R.K. Traders Rs. 55,000.

5. Purchase Voucher (F9) :-

Used to record credit goods purchase from the supplier.

e.g. Purchased goods from Dinesh & Com. Rs. 40,000.

Step:- GOT  Vouchers  Press F9  Click on “Change Mode”

option  Select “As Voucher”.
 Note :-
a. As Voucher :- In debit and credit formation.

b. Invoice Mode :- In invoice format with item description, quantity,

rate, amount.

 There are four types of bill wise detail:-

1) New reference: - at the time of sales/purchases.

2) Against reference: - at the time of cash Received /payment

3) Advance: - cash received/paid as advance.

4) On account: - at the time of specify entries.

6. Sales Voucher (F8) :-

Used to record credit goods sold to the customers.

E.g. Sold goods to Yogesh Traders. Rs. 50,000.

Step: - GOT  VouchersPress F8  Click on “Change Mode” option

 Select “As Voucher”.
 Day Book:-

It shows the all entries of business.

Step:- GOT Day Book Press (Alt + F1), Detailed.

 Alteration of entry:-

Step:- GOT Day Book  Select entry Change Accept.

 Deletion of entry:-

Step:- GOT  Day Book  Select entryPress (Alt + D).

 Insert of Voucher:-

Step:- GOT  Day Book Press (Alt + I), Insert

Voucher.

 Cancelation of entry:-

Step:- GOT Day Book Select entry Press (Alt + X).

 Duplicate Voucher:-

Step:- GOT  Day Book  Press (Alt + 2), Duplicate Voucher.

Tally Assignment
 Journalize the following transaction and identify the vouchers and groups for ledgers.
1. Azim Khalid started a business with capital Rs. 15, 00,000.
Particulars Group Amount Voucher
Dr.
Cr.
2. Purchased Furniture for Cash Rs. 70,000.
Particulars Group Amount Voucher
Dr.
Cr.
3. Purchased Goods for Cash Rs. 20,000.
Particulars Group Amount Voucher
Dr.
Cr.
4. Purchased goods from Ganesh Retail Store Rs. 55,000 on credit.
Particulars Group Amount Voucher
Dr.
Cr.
5. Purchased office equipments from Radha Enterprises Rs. 90,000 on credit.
Particulars Group Amount Voucher
Dr.
Cr.
6. Owner withdrew Rs. 25, 000 from business for his domestic use.
Particulars Group Amount Voucher
Dr.
Cr.
7. Deposited cash into Bank Of India Rs. 1, 80,000.
Particulars Group Amount Voucher
Dr.
Cr.
8. Transferred cash from Bank Of India to Axis Bank Rs. 50,000.
Particulars Group Amount Voucher
Dr.
Cr.
9. Paid carriage charges on purchase of goods Rs. 2, 000.
Particulars Group Amount Voucher
Dr.
Cr.
10. Received interest from Bank Of India Rs. 3,500.
Particulars Group Amount Voucher
Dr.
Cr.
11. Sold goods to Pranay Traders Rs. 60,000 on credit.
Particulars Group Amount Voucher
Dr.
Cr.
12. Paid cheque of Axis Bank to Ganesh Retail Store Rs. 40,000 against purchase.
Particulars Group Amount Voucher
Dr.
Cr.

13. Goods returned from Pranay Traders Rs. 5, 000 against sales.
Particulars Group Amount Voucher
Dr.
Cr.

14. Withdrawn cash from Bank Of India Rs. 10,000 for office use.
Particulars Group Amount Voucher
Dr.
 Cr.

15. Paid rent to landlord through cheque of Bank of India Rs. 15, 000.
Particulars Group Amount Voucher 16.
Dr.
Cr.
Goods returned to Ganesh Retail Store Rs. 3,000 due to bad quality.
Particulars Group Amount Voucher
Dr.
Cr.
17. Purchased goods from Kamal Enterprises Rs. 90,000 on credit.
Particulars Group Amount Voucher
Dr.
Cr.
18. Purchased 2 pieces of Computer Rs. 24,000 per pcs from Intel Computer Shop on credit.
Particulars Group Amount Voucher
Dr.
Cr.
19. Received cash from Pranay Traders Rs. 35,000.
Particulars Group Amount Voucher
Dr.
Cr.
20. Paid wages to labours of godown Rs. 8,000.
Particulars Group Amount Voucher
Dr.
Cr.
21. Paid salaries to staffs through cheque of Bank of India Rs. 54, 000.
Particulars Group Amount Voucher
Dr.
Cr.
22. Paid cash to Intel Computer Shop Rs. 40,000.
Particulars Group Amount Voucher
Dr.
Cr.
23. Received commission of Rs. 8,600.
Particulars Group Amount Voucher
Dr.
Cr.
24. Sold goods to Yash & Com. Rs. 80,000 on credit.
Particulars Group Amount Voucher
Dr.
Cr.
25. Opened a new bank account in State Bank of India Rs. 2,00,000.
Particulars Group Amount Voucher
Dr.
Cr.

*****************************

 Tally Assignment
1. Create a new company.
2. Create the following ledgers with opening balance and identify the group.
Sl.No. Ledger Name Under/Group Debit Credit
1. Drawings A/c 45,000
2. Goodwill A/c 90,000
3. Building A/c 60,000
4. Machinery A/c 40,000
5. Bills Receivable A/c 6,000
6. Opening Stock A/c 40,000
7. Purchase A/c 51,000
8. Wages A/c 26,000
9. Carriage Outward A/c 500
10. Carriage Inward A/c 1,000
11. Salaries A/c 35,000
12. Rent A/c 3,000
13. Discount Allowed A/c 1,100
14. Repairs (Factory) A/c 2,300
15. Bank (SBI) A/c 25,000
16. Cash 1,600
17. Debtors 45,000
18. Bad Debts A/c 1,200
19. Sales Return A/c 2,000
20. Furniture A/c 6,000
21. Advertisement expense 3,500
22. General expense A/c 450
23. Capital A/c 1,60,000
24. Bills Payable A/c 35,000
25. Creditors A/c 70,000
26. Purchase return A/c 2,650
27. Sales A/c 2,18,000
Total 4,85,650 4,85,650
 To Display Reports:
1. GOT  Display  Trail Balance Rs.……………………………
2. GOT  Balance Sheet  Rs.………………………………………
3. GOT  Profit & Loss  Rs………………………………………
Net Profit/Loss Rs………………………………………
Gross Profit/Loss Rs……………………………………

 Tally Assignment
1. Create a new company.
2. Record the following transaction in accounting vouchers.
a. Started business with capital Rs. 5,00,000.
Particulars Amount Group Voucher
Dr.
Cr.
b. Paid into SBI Rs.1,50,000.
Particulars Amount Group Voucher
Dr.
Cr.
c. Purchased goods for cash Rs.30,000.
Particulars Amount Group Voucher
Dr.
Cr.
d. Purchased furniture and paid by cheque of SBI Rs. 10,000.
Particulars Amount Group Voucher
Dr.
Cr.
e. Sold goods for cash Rs.45,000.
Particulars Amount Group Voucher
Dr.
Cr.
f. Sold goods to Khan Traders Rs.25,000 on credit.
Particulars Amount Group Voucher
Dr.
Cr.
g. Goods returned from Khan Traders Rs.4,000 against sales.
Particulars Amount Group Voucher
Dr.
Cr.
h. Withdrawn cash from business for personal use Rs. 20,000.
Particulars Amount Group Voucher
Dr.
Cr.
 i. Paid telephone bill Rs.1,500.
Particulars Amount Group Voucher
Dr.
Cr.
j. Received commission in cash Rs. 5,600.
Particulars Amount Group Voucher
Dr.
Cr.

Every businessman wants to know profit & loss and also financial condition or position of his
business. For this purpose, he maintains Final Account.
It consist three types of account:-
a. Trading Account
b. Profit & Loss Account
c. Balance Sheet

Trading Account contains the accounts of direct expenses and direct incomes. It shows gross profit
or gross loss of business.
Trading A/c as on…………….

Particulars Amount Particulars Amount

To Opening stock xxx By Sales xxx
To Purchases xxx By (-)Sales return xxx
To (-)purchase return xxx By Closing stock xxx
To Freight charges xxx
To Cartage and coolie xxx
To Lorry hire xxx
To Manufacturing expenses xxx

To Wages xxx
To Factory rent, fuel power xxx
To Gross profit (transfer to profit and loss account) xxx
 Profit & Loss account contains the accounts of indirect expenses and indirect incomes. It shows
net profit or net loss of business.
Profit & Loss A/c as on ……………………….
Particulars Amount Particulars Amount
To Salary xxx By Gross profit xxx
To Postage and Telegram xxx By Interest on investment received xxx
To Telephone charges xxx By Interest on deposit received xxx
To Rent paid xxx By Interest on loans received xxx

To Rate and taxes xxx By Discount received xxx

To Insurance paid xxx By Rent received xxx
To Interest on bank loan xxx By Bad debts received xxx
To Bank charges xxx By Net loss xxx
To Printing and stationery xxx
To Discount allowed xxx
To Carriage outward (sales) xxx
To Depreciation on assets xxx
To General expenses xxx
To Bad debts xxx

To Net profit
Balance Sheet shows assets and liabilities. It shows the financial condition of the business.
Balance Sheet as on ……….
Liabilities Amount Assets Amount
Bank loan xxx Cash in hand xxx
Bank overdraft xxx Cash at bank xxx
Bills payable xxx Fixed deposit at bank xxx
Sundry creditors xxx Investments xxx
Expenses outstanding xxx Bills receivable xxx
Capital xxx Sundry debtors xxx
(-)Drawings xxx Closing stock xxx
Net profit/loss xxx Stock of stationery xxx

Furniture xxx
Plant machinery xxx
Land and building xxx
Motor vehicles xxx
Prepaid expenses xxx
Income outstanding xxx
Assignment
From the following Trial Balance of Radhe Shyam. Prepare the Trading and Profit and Loss A/c for the
year ending 31st March, 2019 and Balance Sheet as on that date. The Closing Stock on 31st March, 2019
was valued at Rs. 2,50,000.

Particulars Dr. Amount Particulars Cr. Amount

(Rs.) (Rs.)

Stock (1-4-2018) 2,00,000 Sundry Creditors 1,50,000

Purchases 7,50,000 Purchases Return 30,000

Sales Return 80,000 Sales 25,00,000

Freight and Carriage 75,000 Commission Received 33,000

Wages 3,65,000 Capital 17,00,000

Salaries 1,20,000 Interest received 20,000

Repairs 12,000 Bills Payable 62,000

Trade Expenses 40,000

Rent and Taxes 2,40,000

Cash in Hand 57,000

Bills Receivable 40,000

Building 5,50,000

Plant and Machinery 16,00,000

Drawings 1,66,000

Bank Deposit (SBI) 2,00,000

44,95,000 44,95,000
Tally Assignment

1. Open new a company.

2. Record the following transactions-
a. Rajeev Agarwal started a new business with capital Rs. 20, 00,000 on dated 01-04-19.
b. Company deposited cash into SBI Rs. 2, 50,000 and ICICI bank Rs. 1, 50,000 on dated 01-04-19.
c. Purchased Machinery of Rs. 68,000 for factory use from “Sentex Machineries Pvt. Ltd.” and paid
Refreshment expenses of Rs. 5,500 On dated 02-04-19.
d. Purchased furniture &fixture of Rs.80, 000 on dated 02-04-19.
e. Purchased office equipments Rs.60, 000 and 3Pcs Laptop (HP) Rs.32, 000/pcs on dated 02-04-19.
f. He withdrawn cash from business Rs.30, 000 for personal use on dated 02-04-19.
g. Purchased goods from Manik Chandra Traders Rs.1, 20,000 on credit on dated 01-05-19.
h. Paid carriage on purchase Rs. 1800 and wages Rs. 3,600 on dated 01-05-19.
i. Open new bank account in HDFC Rs.50, 000 on dated 01-05-19.
j. Paid cheque of SBI Rs.50, 000 to Sentex Machineries Pvt. Ltd. On dated 02-05-19.
k. Paid Insurance Premium through HDFC cheque Rs. 20,000 on dated 02-05-19.
l. Goods returned to Manik Chandra Traders Rs.10, 000 on dated 31-05-19.
m. Transfer cash from ICICI to HDFC account Rs. 50,000 on dated 31-05-19.
n. Received interest from SBI Rs. 4,500 on dated 31-05-19.
o. Sold goods to Mahindra Enterprises Rs. 1,50,000 on credit and paid carriage on sales Rs. 2,000
on dated 31-05-19.
p. Paid commission to sales agents Rs.6, 500 on dated 31-05-19.
q. Withdrawn cash from SBI Rs. 20,000 and paid donation to charity Rs. 6,000 on dated 31-05-19.
r. Sold goods in cash Rs. 90,000 with Trade discount @5% on dated 01-06-19.
s. Purchased 3Pcs Air Condition (Blue Star) @ Rs. 48,000/pcs from S.K.Electronics on
dated 01-06-19.
t. Paid Salary Rs. 95,000, Electricity Bill Rs. 10,000, Telephone Bill Rs. 4,000, Bank Charge
Rs. 1,000 and Advertisement Expense Rs. 15,000 on dated 01-06-19.

Sl.No. Vchr.Type Sl.No. Vchr.Type Sl.No. Vchr.Type

a. b. c.

d. e. f.

g. h. i.

j. k. l.

m. n. o.

p. q. r.

s. t.
 Inventory
Inventory is the total amount of goods and materials contained in a store
at

Group Category Item Qty. Rate/pcs Godown

Smart Phone Realme Pro 10 Pcs 16,000 Patna

Mobile
Keypad Phone Lyf Jio 15 Pcs 899 Patna

any given time. This system is useful for recording of purchase, sales and
manufacturing transactions.
e.g.

 Stock Group: - You can arrange stock items into common features.

Step: - GOT  Create  Stock Groups

 Stock Category :- It is categories the feature of items.

Step :- GOT Create Stock Categories

 Unit :- Stock item is measured in terms of unit.
Step :- GOT  Create  Unit.

 Godown/Location :- Where stocks are stored.

Step:- GOT  Create  Location  Create New

 Stock Items:- You maintain quantitative details of materials in and

out.

Step: - GOT  Create  Stock Item  Press F12  Show more

configuration? Yes

Use Stock Category for Stock Item? Yes

 For Stock Report :-

Stock Summary

The Stock Summary is a statement of the stock-in-hand on a

particular date, and it updates the stock record real time. Stock
Summary provides information on stock groups, and shows the
quantity details, rate, and closing value of the stock items under
each group.

Step:- GOT  Stock Summary  Press (Alt + F1)

Tally Assignment

1. Open a new company.

2. Journalize the following transactions.
a. Mr. Aakash Started business of Electronics product with capital Rs. 18, 00,000.
b. Deposited cash into Bank of Baroda Rs. 1, 00,000 and SBI Rs. 60,000.
c. Purchased furniture & fixture Rs. 40,000 and office equipment Rs. 20,000.
d. Purchased Laptop Rs. 52,000, CCTV Camera Rs. 32,000 and Printer Rs. 16,000.
e. Purchased Glass Counter table Rs. 19,500 from Sagar Industries on credit.
3. Record the statement of following inventories-
STOCK STOCK GODOWN
STOCK ITEMS QTY. RATE/Per
GROUPS CATEGORIES
Syska LED Bulb 80 Pcs 75.00
Philips LED Light 56 Pcs 55.00
Philips LED Tube 44 Pcs 110.00 Aakash Store 1,
INDOOR
Bajaj LED Down light 15 Pcs 260.00 Gandhi Maidan
LIGHTS
Surya LED Lamp 23 Pcs 58.00
Osram CFL Bulb 32 Pcs 85.00
Syska Ceiling Light 22 Pcs 65.00
Hitachi Washing Machine 8 Nos. 6,300.00
HOME Havells Electric Iron 15 Nos. 1,100.00
APPLIANCES Bajaj Vacuum Cleaner 9 Nos. 4,500.00
Philips Air Purifier 12 Nos. 5,600.00 Aakash Store 2,
Bajaj Mixer Grinder 19 Nos. 1,800.00 Patna City
LG Microwave Oven 14 Nos. 6,200.00
KITCHEN
Electrolux Kitchen Chimney 16 Nos. 7,100.00
APPLIANCES
Maytag Juicer Mixer 22 Nos. 3,200.00
LG Induction Cooker 25 Nos. 2,300.00
Havells Fancy Light 18 Pcs 250.00
Rozy Wall Light 26 Pcs 160.00 Aakash Store 3,
DECORATIVE
Philips Table Lamp 23 Pcs 220.00 Boring Road
LIGHT
Syska Hanging Lights 12 Pcs 630.00
Surya Gate Light 42 Pcs 320.00
Havells Ceiling Fans 18 Nos. 1,080.00
Voltas Window A.C 8 Nos. 31,500.00
FANS, AC & LG Air Cooler 16 Nos. 5,800.00 Aakash Store 2,
COOLER Toofan Table Fan 12 Nos. 1,360.00 Patna City
Samsung Split A.C 16 Nos. 43,000.00
Bajaj Exhaust Fans 22 Nos. 990.00

4. Withdrawn cash from Bank of Baroda Rs. 10,000 for office use.
5. Withdrawn cash from business Rs. 20,000 for personal use.
6. Paid through SBI to Sagar Industries Rs. 5,000.
 How to activate part no.:-
Step :- Press F12,

Provide Part No. for Stock items? Yes

 Tally Assignment

1. Open a new company.

2. Create the following Stock items with opening quantity and rate.

Stock Groups Stock Item Unit Qty. Rate Per Part No. Godown

MOTHER
Intel Motherboard Pcs 5 5,200.00 IN MB 001 Patna Store
BOARD Asus M2N SLI Pcs 8 5,445.00 MB AS 001 Patna Store
AMD Opteron 1224 Pcs 6 3,600.00 PR AMD 005 Patna Store
PROCESSOR Intel Core 2 Quad 930 Pcs 6 9,200.00 PR IN Q930 Patna Store
Intel Core 2 Duo 4500 Pcs 5 4,620.00 PR IN D4500 Patna Store
RAM 1 GB Nos 12 1,350.00 RM 001 Patna Store
RAM RAM 2 GB Nos 15 2000.00 RM 002 Patna Store
RAM 4 GB Nos 10 2,500.00 RM 004 Patna Store
HDD LaCie 500 GB Nos 8 4,800.00 HD LC 500 Patna Store
HARD DISK HDD Seagate 500 GB Nos 9 5,200.00 HD SG 500 Patna Store
HDD Seagate 1 TB Nos 12 6,300.00 HD SG 1000 Patna Store
ACER 4720Z Pcs 6 24,520.00 ACE 47 20 Boring Road St.
ACER 5920 L Pcs 3 26,840.00 ACE 59 20 Boring Road St.
LAPTOP
HCL MiLeap Pcs 4 35,000.00 HCL MIL 04 Boring Road St.
HP Pavilion DV012 Pcs 6 37,000.00 HP PVL 012 Boring Road St.
Monitor LG 14” Pcs 4 8,000.00 MR LG 14 Boring Road St.
Monitor LG 17” Pcs 9 9,200.00 MR LG 17 Boring Road St.
MONITOR
Monitor Sony 19” Pcs 8 11,200.00 MR SY 19 Boring Road St.
Monitor Samsung 17” Pcs 7 9,500.00 MR SMG 17 Boring Road St.
Printer Epson Lq 1024 Pcs 11 17,500.00 PRT EPN 1024 Patna Store
PRINTER
Printer HP Laser Jet Pcs 13 16,800.00 PRT HP L 20 Patna Store
UPS Apc Pcs 14 1,600.00 UPS AP 20W Patna Store
UPS
UPS Microtech Pcs 12 1,800.00 UP MT 15W Patna Store
Anti Virus Norton Nos 6 1,800.00 AV NRT 001 S.P.Verma St.
SOFTWARE Tally. ERP 9 SU Nos 8 16,000.00 TL SU 6.5 S.P.Verma St.
Tally. ERP 9 Gold Nos 8 51,800.00 TL GD 6.5 S.P.Verma St.
 Windows 2010 Nos 9 8,800.00 WDS 10 S.P.Verma St.
Windows 2008 Nos 10 7,800.00 WDS 08 S.P.Verma St.

 Stock Reports:-

Total Stock Qty:-……………………… Laptop Value: - ………………………..

Total Stock Value: - …………………... Monitor Value: - ……………………….

Mother Board Value: - ……………….. Printer Value: - ………………………..

Processor Value: - …………….………. UPS Value: - …………………………...

RAM Value: - ………………….……… Software Value: - ……………………...

Hard Disk Value: - ……………………

 Invoicing

It is like a bill which contains all information about goods or stock items and it also contains
information about supplier and customer.

Invoice

Purchase Invoice Sales Invoice

Issued by Supplier Issued to Customer

 Purchase (F9):- It is also known as an Invoice. This voucher is record receipt of goods from the
supplier.

e.g. Purchase 5Pcs Mouse @150/pcs from Piyush Infotech.

Step:- GOT  Vouchers  Press (F9), Purchase

 Sales (F8):- It is also known as an Invoice. This voucher is record delivered of goods to the
customer.

e.g. Sold 5Pcs Mouse @180/pcs to Manas Infotech.

Step :- GOT  Accounting Vouchers  Press F8.

 e.g. Purchase 10Pcs Headphone @180/pcs and 5Pcs Pen Drive(16 GB) @360/pcs in cash.

 Debit Note (Alt + F5):- This voucher is record the entry of returned goods against purchase to the
supplier.
e.g:- Returned 1pcs Mouse @ 150/pcs to Piyush Infotech.

Step:- GOT  Vouchers  Press (Alt + F5), Debit Note  Press (Ctrl + H)  Select Invoice Mode.
 Credit Note (Alt + F6):- This voucher is record the entry of returned goods against sales from the
customer.
e.g:- Returned 1pcs Mouse @ 180/pcs from Manas Infotech due to bad quality.

Step:- GOT  Vouchers  Press (Alt + F6), Credit Note  Press (Ctrl + H)  Select Invoice Mode.
Tally Assignment

1. Open a new Company.

2. Purchased the following stocks form Sudip Traders-

a. 20 Pcs Hard Disk (1 TB) @ 4,500/Pcs

b. 50 Pcs Mother board (Intel) @ 3,200/Pcs

3. Sold 15 Pcs Hard Disk (1 TB) @4900/Pcs to Shivam InfoTech .

4. Sold 30 pcs Mother board (Intel) @ 3,800/pcs to Jagdish Computer Store.

5. Received cash from Shivam Infotech . Rs. 70,000

6. Return 5 pcs Mother board (INTEL) @ 3,800 /pcs from Jagdish Computer Store , against

sales.

7. Paid cash to sudip Traders Rs. 70,000 .

8. Returned 5 pcs Motherboard (INTEL) @ 3,200/pcs to Sudip Traders against purchases.

9. Received cheque of SBI Rs. 90,000 from Jagdish computer store.

10. Transfer cash from SBI to HDFC Rs. 90,000.

Tally Assignment

1.) Create a new company (Financial year 01/04/2019).

2.) Recording the statement of inventory:-
Stock Groups Stock Items Qty Rate Godown

Multimedia (M.K) 20pcs 320.00

Key board Patna
Normal (N.K) 15pcs 180.00

Wireless (W.M) 25pcs 380.00

Mouse Patna city
Optical (O.M) 20pcs 160.00

3.) Started business with capital Rs.10, 00,000 and Deposited cash into PNB Rs. 1, 00,000.
4.) purchase 18 pcs SanDisk pen drive (16 GB) @ Rs. 450.00/pcs and 15pcs Micro SD pen drive (16 GB) @
Rs. 400.00/pcs from Rajat traders (Bill no: - Pur/RJ/004) and store in Patna godown.
5.) Purchased 20 pcs Headphone (Digital Sound) @ Rs.560.00/pcs from S.R computer (Bill no: -
Pur/SR/005) and stored in Patna city godown.
6.) Paid carriage charge on purchase Rs.500 and withdrawn cash from business Rs.15,000.
7.) Purchase 2 pcs ceiling fan (Havells) @ Rs. 2200/pcs in cash for official purpose.
8.) Sold the following items to Kamal Electronics
a.) 10 pcs multimedia (M.K)@ Rs. 380.00/pcs
b.) 10 pcs wireless (W.M) @ Rs. 450.00/pcs
c.) 10 pcs optical (O.M) @ Rs. 200.00/pcs
d.) 10 pcs Micro SD pen drive (16GB) @ Rs. 480/pcs
9.) Paid wages Rs.1200 and carriage on sales Rs. 800
10.) You returned 5 pcs SanDisk pen drive (16 GB)@ Rs. 450/pcs to Rajat Traders against bill no :-
Pur/RJ/004.
{Return invoice no.:- (DN/RJ/001)}
11.) Sold 15pcs Headphone (Digital Sound) @ Rs. 650/pcs to Vijaya Computer
12.) Withdrawn cash from PNB Rs.30,000 and paid cash to Rajat Traders Rs.10,000 against Bill no.
Pur/RJ/004.
13.) 2pcs Headphone (Digital sound) @ Rs. 650/pcs returned from Vijaya Computer against Bill no.
Sale/VC/004,
due to bad quantity {Returned invoice no. (CN/VC/001)}.
14.) Received cheque of SBI Rs. 10,000 from Kamal Electronics.
15.) Received cash from Vijaya computer Rs.5000.
16.) Paid salary to staffs Rs.30,000, office rent Rs.8,000 and electricity bill Rs.3,000.
17.) Purchased Laptop (HP) @ Rs. 35,000 and Printer (Canon) @ Rs. 13,000 for office use.
 Trade Discount on Invoice

A discount on the list price granted by a manufacturer or wholesaler to buyers.

e.g. Sold 5Pcs Pen Drive (16 GB) @440/Pcs to Jay Store with trade discount @4%.

 How to activate:-

Step:- Press F11

“Use discount column in invoices? Yes”

GOT  Accounting Vouchers  Press F8, Sales

 Cash Discount on Invoice

e.g. Purchase 15 Bag Rice (Arwa 25Kg) @780/bag in cash. The supplier gives Rs.700 discount
on total invoice value.

Step:- GOT  Accounting Vouchers  Press F9.

e.g. Sold 10 Bag Rice (Arwa 25Kg) @830/bag n cash and issued cash discount@3% on invoice
value.
 Tally Assignment

1. Create a new company.

2. Record the previous balance of Capital Rs. 15,00,000 and Cash Rs. 4,50,000.
3. To maintain the following opening stock statement in your company.
Group Categories Stock item Purchase Quantity Godown
Price
Bal Barati 80.00 1500
English
Yuvak Barati 75.00 1000
School Patna City
Algebra 65.00 1000
Maths Geometry 55.00 1500
Basic 85.00 1100
Accounts
Final 90.00 1000
College Patna
Arithmatic 45.00 1400
Maths
Statistics 35.00 1300

2. Purchase goods to the following parties with discount-

Bill no. Party name Stock item Godown Qty Rate T.D%
Bal Barati Patna City 200 80.00
OM 011 Balaji store 6%
Arithmatic Patna 150 45.00
OM 012 Anand store Yuvak Barati Patna City 220 75.00 5%
OM 013 Saraswati store Algebra Patna City 200 65.00 4%
Geometry Patna City 150 55.00
OM 014 Azim’s store 6.5%
Statistics Patna 180 35.00
3. Sold goods to the following parties with Cash discount-
Bill no. Party name Stock item Godown Qty Rate C.D%

Ganesh Book Bal Barati Patna City 400 92.00

OM 021 4%
store Arithmatic Patna 650 56.00
OM 022 Anshu store Yuvak Barati Patna City 620 88.00 4%
OM 023 Saras Book Basic Patna 300 112.00 6%
Store
Geometry Patna City 450 62.00
OM 024 Uma Book store 4.5%
Statistics Patna 580 48.00
4. Paid amount to parties against purchase-
Party name Mode of Payment Cheque Number Amount

Balaji store Cash --------- 25,000.00

Azim’s Store SBI A/c 450729 28,000.00
Anand store SBI A/c 120035 26,000.00
 Saraswati store HDFC 458200 23,000.00

5. Received payment from parties-

Party name Mode of Payment Cheque Number Amount

Ganesh Book store Cash --------- 15,000.00

Anshu store SBI A/c 456789 18,000.00
Saras Book Store Cash --------- 21,000.00
Uma Book store HDFC 556230 14,000.00
  Tally Assignment

1. Mr. Sourabh Jain is the owner of the Company, his opening capital balance is Rs. 25,34,650/-

2. Company has Opening Cash Balance is Rs. 11,20,325/-

3. Company has Three Bank A/c.:-
(i) ICICI bank – Rs. 2,50,000/-
(ii) HDFC bank – Rs. 1,15,000/-
(iii) Bank of India – Rs. 1,35,000/-

4. Company has some Fixed Assets opening balance is.

(i) Computers – Rs. 15,222/-
(ii) Nano Car – Rs. 1,95,000/-
(iii) Building – Rs. 10,00,000/-
(iv) Hero Honda Splendor – Rs. 45,000/-
(v) Plant & Machinery – Rs. 6,17,103/-

5. Company Received cash from Jain Elactronic Rs.1,50,000 as an advance against sales.

6. Company Purchase from Suresh & com with Trade discount @ 3%-
I. Mouse 500 nos @190/- per. nos.,
II. Keyboard 200 nos @ 215/- per nos.&
III. Speakers 500 Nos @ 600/ per nos.
.
7. Company Purchase from Shiv Dutt ltd & com. With Cash discount @ 4% on invoice value-
I. Wireless Mouse 200 Nos @300/- per. nos.,
II. Monitor 100 Nos @ 3000/- per nos.&
III. Speakers 500 @ 650/- per nos.

8. Company Sales to Softcom Computer Institute with following scheme-

I. Mouse 300nos @ 210/- (100 + 2 Nos free)
II. Keyboard 150nos@240/- with trade discount @ 4%
III. Speakers 500nos @1000/- (100 + 1Nos free)

9. Company Sales to Shushant & Com. With cash discount Rs. 2000.
I. Wireless Mouse 180nos @370/-
II. Keyboard 25nos @250/-
III. Speakers 300nos @ 890/- with trade discount @ 2%.

10.Company received goods return from Softcom Computer Institute.

I. Mouse 20nos @210/-
II. Keyboard 25nos @240/-

11. Company received cash from-

a. Softcom Computer Institute - Rs 6,14,000/-
b. Shushant & Com. - Rs 5,80,000/-

12. Paid wages Rs.6,000, carriage on purchase Rs. 2,500 and carriage on sales Rs. 2,800.
13. Paid office rent Rs. 16,000 and electricity bill Rs.8,000.
14. Company paid cash to party-
a. Shiv Dutt ltd & com. – Rs. 4,80,000/-
b. Suresh & com – Rs. 3,50,000/-
 Tally Assignment

1. Open a new company.

2. Mr. Suman Vats started a new business of menswear store Rs.15, 00,000.
3. Purchased office equipment Rs.1, 50,000 and furniture Rs. 60,000.
4. Loan taken from HSBC Bank Rs.2, 00,000.
5. Purchased 1pcs Voltas Split A.C (2ton)@42,000, 1pcs Computer (HP)@28,000 and 3pcs Stool
(Neelkamal)
@1,200/pcs in cash.
6. Record the renovation expenses for store Rs.78, 000.
7. Deposited cash into SBI Rs. 1, 00,000.
8. Purchased the following jeans items from Shyam Garment Traders (Pur/SHY/003).
Stock Group Stock Item Qty. Rate/pcs
Wrangler (Ripped) 20 pcs 1,600.00
Diesel Buster (Regular) 20 pcs 1,800.00
Jeans Pant Denim (Stretch) 20 pcs 1,400.00
Denim (Ripped) 20 pcs 1,500.00
Levis (Straight) 20 pcs 1,600.00
9. Purchased Leather Belt from Monika Pvt. Ltd. (Pur/MNK/004).
Stock Group Stock Item Qty. Rate/pcs
Woodland (Normal) 30 pcs 850.00
Shree Leather 30 pcs 450.00
Leather Belt
Levis 30 pcs 650.00
Woodland (Casual) 30 pcs 480.00
10. Purchased T-Shirts for men from Rajeev Commercial Pvt. Ltd. With festive scheme (Pur/RAJ/005).
Stock Group Stock Item Qty. Free Qty. Rate/pcs
Adidas (V Neck) 20 pcs 3pcs 350.00
Adidas (Collar Neck) 20 pcs 2 pcs 430.00
T-Shirts Nike (Collar Neck) 20 pcs ------ 460.00
Puma (Crew Neck) 20 pcs 2 pcs 380.00
Puma (V Neck) 20 pcs 2 pcs 360.00
11. Purchased Water Cooler Machine @12,800 for store.
12. Paid carriage charges on purchased Rs. 1,200 and wages Rs. 2,300.
13. Paid cash to the parties against purchase through SBI.
a. Rajeev commercial Pvt. Ltd. = Rs. 25,000.
b. Monika Pvt. Ltd. = Rs. 20,000.
c. Shyam Garment Traders = Rs. 40,000.
14. Paid donation (Puja) Rs. 2000 to Viraj Puja Samiti and Cleaning charges Rs. 1,300 to cleaner boy.
15. Purchased the following cotton pants from Shyam Garment Traders (Pur/SHY/006).
i. Levis (Cotton) 20 pcs @ 1,400/pcs.
ii. Wrangler (Cotton) 20 pcs @ 1,900/pcs and the party gives 100 pcs Jute Carry Bags as free.
16. Depreciation on office equipments (Rate @10%).

17. Sold the following items with 20% off on this festival.
Stock Item Qty. Free Item. Rate/pcs Mode
Denim (Ripped) 10 pcs 10 bags 1999.00 Cash
Denim (Stretch) 8 pcs 8 bags 1899.00 Cash
Wrangler (Ripped) 8 pcs 8 bags 1949.00 Cash
Levis (Straight) 10 pcs 10 bags 1849.00 Cash
Puma (Crew Neck) 12 pcs 12 bags 499.00 Cash
Adidas (V Neck) 10 pcs 10 bags 449.00 Cash
Levis (Cotton) 9 pcs 9 bags 1699.00 Cash

18. Deposited cash into SBI Rs. 50,000.

19. Sold the following items with free gifts.
i. Wrangler (Cotton) 8pcs @2,600 with 8pcs Shree Leather Belt as a gift.
ii. Diesel Buster (Regular) 10pcs @2,400 with 10pcs Levis Belt as a gift.
20. Deposited cash into SBI Rs. 50,000.
21. Paid to Shyam Garment Traders Rs.30, 000 through SBI.
22. Paid refreshment expenses Rs. 2,500.
23. Purchased CCTV Camera Rs.18, 000 and LCD Monitor Rs.5, 600.
24. Sold the items with 30% off-
Stock Item Qty. Free Item. Rate/pcs Mode
Adidas (Collar Neck) 5 pcs 5 bags 799.00 Cash
Puma (V Neck) 15 pcs 15 bags 599.00 Cash
Nike (Collar Neck) 5 pcs 5 bags 699.00 Cash
Woodland (Normal) 12 pcs ------ 1299.00 Cash
Woodland (Casual) 18 pcs ------ 789.00 Cash

25. Paid Salaries Rs. 36,000, Bonus Rs. 18,000 to staffs and general expenses Rs. 5,000.
26. Paid store decoration charges to Manish Rs. 4,800.
27. Purchased 1 Pcs Sony Bravia T.V @ 65,000 for home and paid through business SBI a/c.
28. Take a back of your company.
  Tally Assignment
Create a new company.
Create the following Godowns with their address details.
Godown Details

Godowns Name Address Under

Kolkata 25, G.L.T Road, Kolkata Primary

Delhi 36, H. M. Road, Shibpur Primary

Patna C-10/11, Patliputra Industrial area Primary

Mumbai Senapati Bapat Marg, Lower Parel Primary

Lucknow Road No.25, Basu Road, SBI ATM Primary

 Define the following Stock Items with proper Stock groups and proper location details.
Stock Group: Exercise Book [Rate of Duty:18]

Stock Details Quantity

Godown Rate Amount
Stock Items Unit Total
Kolkata Delhi Patna
Big Exercise Book Pcs 2400 1500 600 300 45.00 108000.00
Medium Exercise Book Pcs 1100 600 340 160 28.00 30800.00
Small Exercise Book Pcs 800 400 250 150 14.00 11200.00

Stock Group: Pen [Rate of Duty:12]

Stock Details Quantity

Godown Rate Amount
Stock Items Unit Total
Patna Mumbai Kolkata
Gel Pen Pkt 640 340 200 100 40.00 25600.00
Fountain Pen Pkt 500 350 80 70 150.00 75000.00
Ball Point Pen Pkt 380 180 100 100 95.00 36100.00

Stock Group: Pencil [Rate of Duty:12]

Stock Details Quantity

Godown Rate Amount
Stock Items Unit Total
Delhi Mumbai Kolkata
Mechanical Pencil Pkt 580 250 130 200 220.00 127600.00
Wood Case Pencil Pkt 450 200 100 150 120.00 54000.00
 Tally Assignment

MITRA COMPUTER EDUCATION CENTRE

 Record the following transactions of Mitra Computer Education Centre.
1. Mr. Dipesh Mitra started a new business of computer education with capital Rs.10,00,000 on
dated 02-04-19.
2. Purchased furniture & fittings Rs. 50,000 and Readymade Chairs (Neelkamal)50 pcs @ Rs.
700/pcs on dated 02-04-19.
3. Deposited cash into Bank of India (BOI) Rs. 1,20,000 on dated 02-04-19.
4. Purchased 12 pcs Computer sets @ Rs. 12,800/pcs from Kajal Computers in cash and 2 pcs
Laptop (Asus) @ Rs. 24,000/pcs on credit on dated 01-05-19.
5. Paid office rent Rs. 12,000, electricity bill Rs. 3,500 and office expenses Rs. 8,500 on dated
02-05-19.
6. Received admission fees of Tally Course Rs. 88,000 on dated 02-05-19.
7. Received admission fees of Hardware & Networking course Rs. 86,000 on dated 02-05-19.
8. Paid advertisement expenses Rs. 15,000, printing & stationeries Rs. 9,000 and refreshment
expense Rs. 3,600 on dated 31-05-19.
9. Received an admission of Fundamental Course Rs. 80,000 on dated 31-05-19.
10. Cash withdrawal from Bank of India (BOI) Rs. 45,000 on dated 01-06-19.
11. Purchased Invertor & battery Rs. 55,000 for office use on dated 01-06-19.
12. Paid salaries to staffs & faculties Rs. 65,000 on dated 02-06-19.
13. Received admission fees of Graphics Designing Course Rs. 76,000 and AutoCad Course Rs.
1,80,000 on dated 02-06-19.
14. Purchased 2 pcs Air Condition (HITACHI) @ Rs. 28,500/pcs from Somya Electronics on credit
on dated 02-06-19.
15. Paid cheque of BOI to Kajal Computers Rs. 45,000 and Somya Electronics Rs. 30,000 in cash on
dated 02-06-19.

Reports:-

 Balance Sheet :- ………………………

 Profit & Loss A/c :- …………………..
 Trail Balance :- ……………………….
 Nett Profit or Loss :- ………………….
****************
 Tally Assignment

 Journalized the following transactions in their respective voucher types:

1. Started business with capital Rs.10, 00,000.
Ledger Name Under/Group
2. Deposited cash into SBI Rs.2, 00,000.
3. Purchased furniture for office Rs.40,000.
4. Purchased machineries for factory Rs.50,000.
5. Purchased goods from D.K.Traders Rs.80,000 on credit.
6. Paid wages to labours Rs.5,000.
7. Paid carriage charges on purchased of goods Rs.1,000.
8. Purchase one piece of printer machine for office use Rs.12,000.
9. Withdrawn cash from SBI Rs.20,000.
10. Paid electricity bill Rs.5,500.
11. Goods returned to D.K.Traders against purchase Rs.2,000.
12. Sold goods to S.K.Traders Rs.90, 000 with trade discount @ 5%.
13. Paid to D.K.Traders through cheque of SBI Rs.40,000.
14. Received interest from SBI Rs.4,500.
15. Purchase printing & stationary Rs.1,200.
16. Goods returned from S.K.Traders Rs.3,000.
17. Transfer cash from SBI to HDFC Rs.40,000.
18. Received cheque of HDFC from S.K.Traders Rs.50,000.
19. Paid office rent Rs.15,000 and salary Rs.40,000.
20. Opened a new bank account in PNB Rs.1,00,000.

Note: - Identify the all ledger accounts with their accurate groups.

Reports:

Balance Sheet:...................................
Profit & Loss A/c:...............................
Trail Balance:.....................................
Gross Profit/Loss:..............................
Net Profit/Loss:.................................
Capital:..............................................
Current Assets:..................................
Fixed Assets:......................................
 Tally Assignment
1. Create a new company.
2. Identify the ledger a/c with their opening balances.
Sl.No. Ledger name Under/Group Debit (Rs.) Credit (Rs.)
1. Capital A/c 1,50,000
2. Cash 50,000
3. Wages a/c 3000
4. Purchase A/c 78,000
5. Purchase Return 3000
6. Sales a/c 1,20,000
7. Sales Return 2000
8. Building A/c 3,50,000
9. Furniture A/c 58,000
10. Discount Allowed & Rec. A/c 2,800 3,500
11. Commission Allowed A/c 5,600
12. SBI A/c 40,000
13. Salaries A/c 55,000
14. Printing & Stationary 3000
15. Office Rent A/c 25,000
16. Interest Received A/c 5,800
17. Drawings A/c 20,000

3. Purchase the following items from Radhika Traders and stored in Patna location-
a. 20Pcs Hard Disk (1TB) @ Rs. 4200/pcs.
b. 15Pcs motherboard (Intel) @ Rs.2200/pcs and discount received Rs.3000 on total value.
4. Transferred cash from SBI to HDFC Rs.20,000 and paid carriage on purchase Rs.2000.
5. Sold 10Pcs Hard Disk (1TB) @ Rs.5400/pcs to Rishi Computers with Trade discount @5%.
6. Returned 1Pcs Hard Disk (1TB) @ Rs.4200 to Radhika Traders due to bad quality,
7. Sold 5Pcs Hard Disk (1TB) @ Rs.4800/pcs and 10PCS motherboard (Intel) @ Rs. 2,600/pcs
to R.K.Computers and discount allowed to the party Rs.2000 on sales value.
8. Withdrawn cash from business for personal use Rs.45,000 and deposited cash into SBI Rs. 25,000.
9. Returned 1Pcs motherboard (Intel) @ Rs.2600/pcs from R.K.Computers and paid carriage on sales Rs.2000
10. Received cash from Rishi Computers against sales invoice.
11. Paid Cash to Radhika Traders Rs.60,000 against purchase invoice.
12. Purchased machinery Rs.65,000 and paid wages Rs.3,500.
13. Received cheque of SBI Rs. 30,000 from R.K.Computers.
14. Purchased 120 mtr Cable wire @ Rs.25/mtr from Radhika Traders and the party gives 5 mtr extra wire as a
gift.
15. Paid Salaries to staffs Rs.25,000 and Office Rent Rs.13,000.
16. Take a back your company in D drive.
17. Export the Balance Sheet and Profit & Loss statement in Excel format.
 Tally Assignment

1. Mr. Rajendra is owner of the company his capital opening balance is Rs.25,00,000.
2. Company has taken loan in previous year, there opening balance is-
a. Loan from ICICI Bank = Rs. 5,60,000.
b. Loan from HDFC Bank = Rs. 2,10,000.
3. Company has previous balance of Creditors-
a. Kailash Enterprises = Rs. 5,00,000.
b. Sanjay Stores = Rs. 2,25,000.
c. Singh & Co. = Rs. 2,00,00.
4. Deposited cash into SBI Rs. 6,00,000.
5. Company has opening balance for stock-
Sl.No. Group Stock Item Qty. Rate Unit

1. Ashirwad (5kg) 45 55.00 Pkt.

2. Ashirwad (10Kg) 51 95.00 Pkt.

Aata
3. Swastik(5Kg) 25 52.00 Pkt.

4. Swastik(10Kg) 56 90.00 Pkt.

5. Tata (100gm) 80 48.00 Pkt.

6. Tata (250gm) 60 110.00 Pkt.

7. Tata (500gm) 45 190.00 Pkt.

Tea
8. Brooke Bond (250gm) 40 128.00 Pkt.

9. Lipton (100gm) 60 54.00 Pkt.

10. Pataka Leaf (250gm) 55 105.00 Pkt.

11. Addiction(100ml) 60 135.00 Nos.

12. Axe (100ml) 80 125.00 Nos.

Perfume
13. Fogg (100ml) 85 110.00 Nos.

14. Wlid Stone (100ml) 82 118.00 Nos.

15. Breeze (100gm) 120 7.50 Pkt.

16. Lux (75gm) 200 9.75 Pkt.

17. Lux (100gm) 230 14.50 Pkt.

Soap Bars
18. Dove (100gm) 150 21.00 Pkt.

19. Dove (200gm) 120 40.00 Pkt.

20. Pears (100gm) 85 25.00 Pkt.

21. Mc cafe (200gm) 62 165.00 Pkt.

Coffee
22. Nescafe (200gm) 65 150.00 Pkt.

23. Vatika (100ml) 82 62.00 Nos.

24. Hair Oil Dabur Awala (200ml) 66 35.00 Nos.

25. Bajaj Almond (200ml) 90 48.00 Nos.

 26. Sunsilk (100ml) 65 34.00 Nos.

27. Sunsilk (200ml) 35 56.00 Nos.

28. Clinic Plus (100ml) 63 32.00 Nos.

29. Shampoo Clinic All Clear (200ml) 78 62.00 Nos.

30. Vatika (200ml) 45 74.00 Nos.

31. Ayur (50ml) 25 24.00 Nos.

32. Ayur (100ml) 50 36.00 Nos.

33. Parle –G (100gm) 48 3.80 Pkt.

34. Krack Jack (250gm) 55 12.00 Pkt.

Biscuits
35. Milk Shakti (100gm) 28 8.50 Pkt.

36. Hide & Sick (250gm) 60 14.50 Pkt.

37. Fair & Lovely (50gm) 68 49.00 Pkt.

38. Fair & Handsome (20gm) 70 48.00 Pkt.

39. Face Creams Vicco (75gm) 55 42.00 Pkt.

40. Nivea (50gm) 45 45.00 Pkt.

41. Ponds (50gm) 70 43.00 Pkt.

42. Surf Excel (500gm) 50 84.00 Pkt.

43. Tide Plus (500gm) 60 75.00 Pkt.

44. Detergent Arial (500gm) 70 68.00 Pkt.

45. Guide (250gm) 35 42.00 Pkt.

46. Wheel (500gm) 60 46.00 Pkt.

47. White King (500ml) 23 48.00 Nos.

48. Toilet Cleaner Harpic (500 ml) 55 54.00 Nos.

49. Domex (500ml) 58 50.00 Nos.

6. Company has some fixed assets and Currest asstes, there opening balance-
a. Maruti Swift = 3,15,000.
b. Land & Building = 13,52,200.
c. Furnitures = 5,00,800.
d. Cash in Hand = 15,00,000.
7. Company purchased from Raj Enterprises with trade discount @ 5%.
a. Laxmi bhog Aata (5kg) = 100 Pkt. @ 62.00/each.
b. Laxmi Bhog Aata (10Kg) = 55 Pkt. @ 90.00/each.
c. Wagh Bakri Tea (500gm) = 60 Pkt. @ 160.00/each.
8. Sold goods to Sharda Pvt. Ltd with trade discount @2%.
a. Ashirwad (5kg) = 25 Pkt @ 59.00/each.
 b. Pataka Leaf (250gm) = 40 Pkt @ 109.00/each.
c. Domex (500ml) = 28 Nos. @ 46.00/each.
d. Bajaj Almond (200ml) = 50 Nos. @ 52.00/each.
e. Dove (200gm) = 60 Pkt. @ 45.00/each.
f. Surf Excel (500gm) =25 Pkt. @ 88.00/each.
9. Company has some opening balance for Debtors.
a. Suman General Store = Rs. 84,000.
b. Kamal Enterprises = Rs. 2,30,000.
c. J.K. Store = Rs. 1,90,000.
10. Paid Carriage Charges Rs. 5,000 and Wages to labours Rs. 6,000.
11. Withdrawn cash from business Rs. 50,000 for personal use.
12. Paid carriage on sales Rs. 4,000.
13. Paid electricity bill Rs. 15,000.
14. Paid 1pcs Freezer machine Rs.42, 000.
15. Paid salaries to staffs Rs. 45,000.
16. Take a backup of your company.
17. Export the Stock summary reports in Excel format.
 Tally Assignment
1. Open a new company.
2. Animesh and Yogesh are partners sharing profit and loss 2:1. Following is the tail balance on dated
31-03-2019.

Trial Balance
Particulars Debit Rs. Credit Rs.
Land & Building 5,55,000
Machinery 40,000
Salary & Wages 21,000
Cash at bank (SBI) 40,000
Cash in Hand 1,100
Motor Car 20,000
Office Expenses 1,000
Animesh Capital 4,16,000
Yogesh Capital 1,62,000
Carriage Outward 5,000
Purchase 2,20,000
Sales 3,22,000
Return Inward 5,500
Return Outward 2,000
Bad Debts 1,000
Debtors 32,800
Creditors 20,000
Rent 1,100
Bills Payable 35,000
Printing & Stationary 1,500
Travelling Expenses 5,500
Opening Stock (01-04-19) 30,000
Insurance 1,500
Discount Allowed 8,000
Advertisement Expenses 12,000
Furniture 20,000
Outstanding Rent 65,000

Total 10,22,000 10,22,000

 Balance Sheet ………………………

 Profit & Loss……………………….

 Net Profit or Loss ………………….

  Actual and Billed Quantity:-

It is used to maintain all those transactions which are related with free
item such as “Buy One Get One”.

e.g. Purchased 100 Pcs Formal Men’s Shirt @ 650/Pcs from P.K.Retail
and the party gives 5 Pcs extra Shirts to you.

 How to activate:-

Step:- Press F11

“Use separate actual and billed quantity columns in Invoice : Yes”.

GOT  Vouchers  Press F9, Purchases

  Zero Value Entry:-

Zero Valued entries are those entries where a voucher entry is made
without any values.

e.g. Purchased 200 Pcs DVD @25/pcs from Rajat Infotech and he gives
5 Pcs Permanent CD Marker as a free.

 How to activate:-

Step :- GOT  Alter  Voucher Types  Select Purchase Voucher

“ Allow Zero valued transactions : Yes”

GOT  Vouchers  Press F9, Purchases

Export of Data:-

Tally has a facility to export its data to other application like

spreadsheet, HTML and other database.
Export of data is provided mainly for summaries and statement
reports like Trail Balance, Stock Summary etc.

 Tally uses 6 formats to export data:-

a. ASCII
b. HTML
c. XML
d. EXCEL
e. JPEG
f. PDF

 You get exported Tally data in 2 formats:-

a. Report Data:- Report I processed from the transactions.

Like as- Trail Balance, Day Book, Balance Sheet etc.

b. Raw Data:- It contains basic data of masters & vouchers.

Like as- Ledgers, Groups, Stock Items etc.
 Export Balance Sheet in Excel Format:-

Step:- GOT  Balance Sheet  Press (Alt + F1)  Press (Alt + E),
Export  Current  Configure  Send
Stock Journal:-

Stock Journal is useful to records transfer of goods/items from one

godown or location to another godown.

e.g. Record the stock in your company.

Stock Item Qty. Rate Godown
Dell Laptop 35 Pcs 45,000 Main Location

e.g. Transfer 10 Pcs Laptop in Kanpur Godown and 15 Pcs in Kolkata

godown.

 Create Stock Item:-

Step:- GOT  Create  Stock Item (With Location)

 Record the Stock Transfer:-

Step:- GOT  Vouchers  Press (Alt + F7), Stock Journal.

  Batch Wise Details :-

Batch Wise details are used to identify the movement of

the inventory in batches or lots. Batches or Lots are also
used to monitor the date of manufacture and date of
expiry.

e.g. Record the following item with batches.

Group Stock Item Qty. Rate Batch No. Mfg.Dt. Exp.Dt.
Dolo 500mg 100Strp. 43.00 DL09809 01/04 01/10
Medicine
Saridon 80Strp. 34.00 SR00821 01/03 01/12

 How to activate:-

Step:- Press F11

“Enable Batches : Yes
Maintain Expiry Date for Batches : Yes

GOT  Create  Stock Items

Press Enter
 Additional Costs of Purchase:-

This option is used to know the actual cost of any stock item because
there are other expenses which add to the cost of purchasing.
Like as- packing charges, carriage, freight etc.

e.g. Purchase 1 Pcs Washing Machine @25,000 from Bipin Enterprises

included with carriage charges Rs.1000.

 How to activate:-

Step:- Step :- GOT  Alter  Voucher Types  Select Purchase Voucher

“Track Additional costs of purchase : Yes”.
GOT  Vouchers  Press F9  Press (Ctrl + H)  As Voucher
  Backup and Restore:-

Backup:- You can take a backup of the data from any storage
medium
into any other medium.

Restore:- Restore means “to bring back”, similar to taking restoring

of
backup data.

 How to take backup :-

Step:- At first, create a new folder in any hard drive location of hard
Drive with name.

e.g. E:\Akash

Step:- Open tally  Press (Alt + Y), Data  Backup

 Delete your company from the list.

 How to take Restore:-

Step:- Press (Alt + Y), Data  Restore

  Tally Vault Password:-

The security of data, financial or other is always a matter of concern

for businessman. The Tally vault feature is an enhanced security
system, which allow for strong security of the company data with the
most secure method.
Note:- Vault means the locker system.

 How to apply vault password in new company:-

Step:- Press (Alt + K), Company  Create  Press F12

Then, re-enter your password for confirmation.

 How to open vault password company:-

Step:- Press (Alt + K), Company  Select  Select Company’s serial

number  Type password.

Note:- In the list of company the vault password company is shown

by
asterisks (*****) sign. The vault company is created by company
serial number.
 How to apply vault password in existing company:-

Step:- Press (Alt + K), Company  Tally Vault

Note:- Now tally will create a new company copying the existing
information.
Split Company Data:-

If you want to split or divide your company’s financial year, then we

use the feature of Split Company.

Step:- Press (Alt + Y), Data  Split  Split Data

 Multi Currency:-

Many organizations have transactions in more than one currency.

Tally makes it easy to manage multiple currencies, automatic
calculations of exchange rate.

e.g. Paid Advertisement expenses to Krill Adv. Agency through Axis

Account USD300 (Exchange rate is Rs.70/USD).

 Creation of currency:-

Step:- GOT  Create  Currency

 Set the Exchange rate:-

Step:- GOT  Create  Rate of Exchange.

 Record the voucher entry:-

Step:- GOT  Accounting Vouchers  Press F5.

Press Enter
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GST RATE FOR STOCK ITEMS
Item name HSN code GST Rate ( % )
Keyboard 0404 18
USB Hub 0404 18
Monitor 0404 18
Sugar 0408 18
Mouse 0203 5
Oil ( Mustard ) 0104 5
Rice ( Boiled ) 0124 5
Pulses 0136 5
Ceiling Fan 0915 12
LED Bulb 0836 12
Table Fan 0915 12
Cooler stand 0934 12
Note Book 0745 18
Pencil 0708 18
Writing pads 0745 18
Markers 0718 18
Antivirus 0532 12
Switch 0396 12
Logitech Mouse 0404 12
Wireless Keyboard 0404 12
Aluminium Iron 1208 18
Wallpapers 1350 28
Locks 1196 18
Metal Doors 1005 28
Cement ( 25 kg ) 1124 28
Marble 1232 12
Windows XP 0716 18
Windows 7 0716 18
Windows 8 0716 18
Windows 10 0716 18
Office Software 0883 18
Oppo 0636 18
Apple 0636 18
Asus 0636 18
Lenovo 063+ 18
Oneplus 0636 18
Wire 0259 12
CPU 0412 12
Hard Disk 0412 12
Drawings Pins 0117 12
Scissors 0326 12
Calculators 0321 18
White Board 0328 18
Jacket 0980 12
Jeans 0928 12
Track Suit 0950 12
Pull Over 0928 12
Hair Oil 0098 12
Body Spray 0076 12
Nail Polish ( N ) 0084 12
Beauty Cream 0072 12
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1. Opening Cash Balance :- 75,00,000.
2. Transfer from cash to petty cash Rs.2,000 on 01-04-21.
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1. Transfer from cash to petty cash Rs.1,000 on 01-05-21.

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192

1. Transfer from cash to petty cash Rs.1,500 on 01-06-21.

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1. Transfer from cash to petty cash Rs.10,000 on 01-07-21.

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1. Opening balances of following banks.

a. BOI 47180020003125 = Rs. 8, 50,000.
b. SBI 47000853021 = Rs. 16, 00,000.
2. Pass the following payment entries:-
Date Party Name Against Amount Mode Cheque
Bill No.
Pur/004 -------
01-11-21 Amit Stationary 12,500 Cash
Pur/026
Pur/003 -------
01-11-21 Anil Electronics 3,20,000 Cash
Pur/025
02-11-21 Fashion Mall Pur/011 75,000 Cash -------
02-11-21 Green Land Construction Pur/029 3,00,000 SBI 400246
02-11-21 Gupta Medical Store Pur/018 6,000 BOI 512021
Pur/001 400247
01-12-21 Harsh Computers 85,000 SBI
Pur/023
Pur/010 400248
01-12-21 Jain Stationary 48,000 SBI
Pur/033
01-12-21 Jaiswal Medical Store Pur/013 6,500 BOI 512022
Pur/037 512023
01-12-21 Komal Cosmetic 18,340 BOI
Pur/039
02-12-21 Lucky Pharma Pur/021 10,000 SBI 400249
Pur/019 512024
02-12-21 Mahima Medical Agency 19,000 BOI
Pur/022
Pur/013 512025
02-12-21 Jaiswal Medical Store 8,000 BOI
Pur/015
Pur/017 ---------
02-12-21 Mallik Pharma 52,000 Cash
Pur/020
31-12-21 Maya Cosmetic Store Pur/035 8,450 SBI 400250
31-12-21 Mehak Traders Pur/040 4,200 Cash ---------
31-12-21 Microsoft Corp. Pvt. Ltd. Pur/007 2,50,000 BOI 512026
Pur/038 ---------
01-01-22 Pratik Traders 7,500 Cash
Pur/043
Pur/036 ---------
01-01-22 Rajat Enterprises 5,000 Cash
Pur/042
Pur/005 512027
01-01-22 Rohit Pvt. Ltd. 65,000 BOI
Pur/027
02-01-22 Royal Computers Pur/009 75,000 BOI 512028
Pur/008 ---------
02-01-22 Sonu Mobile 17,00,000 Cash
Pur/031
31-01-22 Microsoft Corp. Pvt. Ltd. Pur/030 25,00,000 Cash ---------
 Pur/012 ---------
31-01-22 Subhas Medical Store 9,000 Cash
Pur/016
Pur/002 400251
01-02-22 Verma Pvt. Ltd. 1,90,000 SBI
Pur/024
01-02-22 Zainab Medical Store Pur/014 8,383 SBI 400252
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1. Pass the following receipt entries:-
Date Party Name Against Amount Deposit Cheque Bank
Bill No. Name
02-11-21 Agarwal Medical Agency SA/14 12,705 SBI 332011 AXIS

02-11-21 Ankit Software SA/07 10,00,000 SBI 192019 ICICI

Ansari Stationary SA/10 -------
02-11-21 25,000 ------- Cash
(Khazanchi Road) SA/031
01-12-21 Bharti Medical Store SA/16 16,375 BOI 287505 PNB

01-12-21 Dayal Enterprises SA/09 48,000 SBI 255902 SBI

01-12-21 Dayal Pharma SA/13 6,470 ------- Cash -------

SA/04 -------
02-12-21 Hari Stationary 9,000 ------- Cash
SA/024
SA/07 ICICI
02-12-21 Ankit Software 10,00,000 SBI 192020
SA/027
SA/09 SBI
02-12-21 Dayal Enterprises 95,000 SBI 255903
SA/030
31-12-21 Janvi Traders SA/036 7,850 ------- Cash -------

31-12-21 Kamal Computers SA/034 2,000 ------- Cash -------

SA/039 -------
31-12-21 Kavita General Store 3,000 Cash -------
SA/046 -------

01-01-22 Krishna Store SA/044 1,980 ------- Cash -------

01-01-22 Kundan Retail Store SA/032 1,40,440 BOI 637270 HDFC

01-01-22 Life Line Medical Store SA/020 11,200 ------- Cash -------

02-01-22 Mahavir Medical Store SA/018 5,900 ------- Cash -------

SA/040 -------
02-01-22 Mala Beauty Shop 6,200 ------- Cash
SA/045
02-01-22 Mehar Beauty Parlour SA/043 7,260 ------- Cash -------

31-01-22 Kundan Retail Store SA/011 27,500 ------- Cash -------

SA/05 AXIS
31-01-22 Mohini Pvt. Ltd. 45,000 BOI 722550
SA/025
31-01-22 Muskan Pharma SA/017 16,900 ------- Cash -------

31-01-22 Pal Construction SA/028 2,27,400 SBI 489223 BOB

01-02-22 Payal Cosmetic Store SA/041 1,400 ------- Cash -------

01-02-22 Pratik Medical SA/012 2,600 ------- Cash -------

01-02-22 Pushpa Electronics SA/035 45,000 ------- Cash -------

02-02-22 Radha Cosmetic Store SA/033 8,300 ------- Cash -------

Rupa Cosmetic & -------
02-02-22 SA/042 3,100 ------- Cash
Parlour
SA/02 PNB
02-02-22 Praveen Kirana Store 1,20,000 SBI 422915
SA/022
SA/01 BOI
02-02-22 Shyam Computer 55,000 BOI 209825
SA/021
SA/08 SBI
01-03-22 Singh Communication 18,00,000 SBI 233489
SA/029
01-03-22 Vartika Medical SA/019 5,070 ------- Cash -------

02-03-22 Vijaya Medical Mall SA/015 19,100 ------- Cash -------

02-03-22 Vijay Mobile Store SA/038 1,53,000 BOI 144872 PNB

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1. Enable Payroll in your company and create employees with details.

2. Record the attendance and leaves for employees on dated 31-07-21.
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1. Record the attendance and leaves for employees on dated 31-08-21.

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1. Record the salary slip for employees on dated 31-07-21

Salary Details

Basic Salary = 22,000

HRA = 40% on Basic
D.A = 17% on Basic
Employee Group : Accounts
Overtime = 85/hr
P.F = 12% on Basic + D.A
ESI = 0.75% on Earning total
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206 Prepared By: - Rakesh Roy (Accounts Professional)

1. Record the salary slip for employees on dated 31-07-21

Salary Details

Basic Salary = 18,000

HRA = 40% on Basic
D.A = 17% on Basic Employee Group : Human Resources
Overtime = 80/hr
P.F = 12% on Basic + D.A
ESI = 0.75 on Earning total
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1. Record the salary slip for employees on dated 31-07-21

Salary Details

Basic Salary = 20,000

HRA = 40% on Basic Employee Group : Sales
D.A = 17% on Basic
P.F = 12% on Basic + D.A
ESI = 0.75 on Earning total
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208 Prepared By: - Rakesh Roy (Accounts Professional)

1. Record the salary slip for employees on dated 31-07-21

Salary Details

Basic Salary = 24,000

Employee Group : Human Resources
D.A = 17% on Basic
Overtime = 80/hr
P.F = 12% on Basic + D.A
ESI = 0.75 on Earning total
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209 Prepared By: - Rakesh Roy (Accounts Professional)

1. Record the salary slip for employees on dated 31-07-21

Salary Details

Basic Salary = 14,000

D.A = 17% on Basic Employee Group : Sales
P.F = 12% on Basic + D.A
ESI = 0.75 on Earning total
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210 Prepared By: - Rakesh Roy (Accounts Professional)

1. Record the salary slip for employees on dated 31-07-21

Salary Details

Basic Salary = 26,000

HRA = 40% on Basic
Employee Group : Accounts
D.A = 17% on Basic
Overtime = 80/hr
P.F = 12% on Basic + D.A
ESI = 0.75 on Earning total
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211 Prepared By: - Rakesh Roy (Accounts Professional)

1. Record the salary slip for employees on dated 31-07-21

Salary Details

Basic Salary = 20,000

HRA = 40% on Basic
D.A = 17% on Basic Employee Group : Purchase

P.F = 12% on Basic + D.A

ESI = 0.75 on Earning total
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212 Prepared By: - Rakesh Roy (Accounts Professional)

1. Record the salary slip for employees on dated 31-07-21

Salary Details

Basic Salary = 12,000

D.A = 17% on Basic
Employee Group : Reception
P.F = 12% on Basic + D.A
ESI = 0.75 on Earning total
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213 Prepared By: - Rakesh Roy (Accounts Professional)

1. Record the salary slip for employees on dated 31-07-21

Salary Details

Basic Salary = 14,000

D.A = 17% on Basic Employee Group : Sales

P.F = 12% on Basic + D.A

ESI = 0.75 on Earning total
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1. Record the salary slip for employees on dated 31-08-21.

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1. Record the salary slip for employees on dated 31-08-21.

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1. Record the salary slip for employees on dated 31-08-21.

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1. Record the salary slip for employees on dated 31-08-21.

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1. Record the salary slip for employees on dated 31-08-21.

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1. Record the salary slip for employees on dated 31-08-21.

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1. Record the salary slip for employees on dated 31-08-21.

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221 Prepared By: - Rakesh Roy (Accounts Professional)

1. Record the salary slip for employees on dated 31-08-21.

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1. Record the salary slip for employees on dated 31-08-21.

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GST on Capital Goods

1-5-21 Purchased furniture Rs 60,000 from Patel furniture store with GST @ 12 %.
(Bill no: Pur/CG/001)
2-5-21 Paid cash to Patel furniture store Rs 67,200.
2-5-21 Purchased car (Baleno) Rs. 8, 50,000 from Kusum Motors with GST @ 28 % through
SBI.
(Bill no. Pur/CG/002)
31-5-21 Purchased CCTV camera Rs, 80,000 from Jain Pvt. Ltd. with GST @ 28 %.
(Bill no : Pur/CG/003 )
1-6-21 Purchased office equipments Rs 95,000 from Mehta Enterprises with GST @ 18 %.
(Bill no : Pur/CG/004 )
2-6-21 Paid through cheque of BOI (ch.no: 512029) to Jain Pvt. Ltd. Rs 1, 02,400.
2-6-21 Paid cash to Mehta Enterprises Rs 50,000.
2-6-21 Paid through Cheque of SBI ( ch.no: 400253 ) to Mehta Enterprises Rs 62,100
1-7-21 Purchased Machinery Rs 1, 50,000from S.R.Machineries Pvt. Ltd with IGST @ 18 %
(Bill no: Pur/CG/005)
1-7-21 Purchased Inverters Rs 88,000 from Puskar Enterprises for office use with GST @ 5 %
( Bill no: Pur/CG/006).
1-8-21 Paid cash to Puskar Enterprises Rs 42,400.
2-8-21 Paid through cheque of BOI ( ch.no : 512030 ) to S.R.Machineries Pvt. Ltd. Rs 1,70,000.
1-9-21 Purchased 2 pcs Laptop @ 48,000/pcs from Disha Computers with GST @ 18 %
(Bill no : Pur/CG/007 ).
2-9-21 Purchased 5 pcs Air Conditioner ( Hitachi ) @ 36,500/pcs from Rajat Electronics with GST
@ 28 %
(Bill no: Pur/CG/008).
2-9-21 Purchased coffee machine ( Lipton ) @ 28,000/pcs in cash with GST @ 18 %
(Bill no : Pur/CG/009 ).
1-10-21 Paid cash to Disha Computers Rs 40,000.
1-10-21 Paid cash to Rajat Electronics Rs 70,000.
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2-10-21 Paid through cheque of SBI ( ch.no: 400254 ) Rs 72,000 to Disha Computers.
31-10-21 Paid through cheque of BOI ( ch.no : 512031 ) Rs 1,20,000 to Rajat Electronics.
1-11-21 Purchased Motor Bike Rs 75,000 from PrateekMotors with GST @ 28 %
(Bill no : Pur/CG/010 )
2-11-21 Paid through cheque of SBI ( ch.no: 400255 ) Rs 96,000 to Prateek Motors.
31-3-22 Depreciation charge on the following assets :

Particulars Depreciation % P.A

Furniture 10
Car ( Baleno ) 15
CCTV camera 15
Office equipments 12.77
Machinery 15
Inverters 15
Laptop 40
Air Conditioner 10
Coffee Machine 15
Motor Bike 15
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 Tally Assignment No.- 1

18. Mr. Rajendra is owner of the company his capital opening balance is Rs.25,00,000.

19. Company has taken loan in previous year, there opening balance is-
c. Loan from ICICI Bank = Rs. 5,60,000.
d. Loan from HDFC Bank = Rs. 2,10,000.

20. Company has previous balance of Creditors-

d. Kailash Enterprises = Rs. 5,00,000.
e. Sanjay Stores = Rs. 2,25,000.
f. Singh & Co. = Rs. 2,00,00.

21. Deposited cash into SBI Rs. 6,00,000.

22. Company has opening balance for stock-

Sl.No. Group Stock Item Qty. Rate Unit

50. Ashirwad (5kg) 45 55.00 Pkt.

51. Ashirwad (10Kg) 51 95.00 Pkt.

Aata
52. Swastik(5Kg) 25 52.00 Pkt.

53. Swastik(10Kg) 56 90.00 Pkt.

54. Tata (100gm) 80 48.00 Pkt.

55. Tata (250gm) 60 110.00 Pkt.

56. Tata (500gm) 45 190.00 Pkt.

Tea
57. Brooke Bond (250gm) 40 128.00 Pkt.

58. Lipton (100gm) 60 54.00 Pkt.

59. Pataka Leaf (250gm) 55 105.00 Pkt.

60. Addiction(100ml) 60 135.00 Nos.

61. Axe (100ml) 80 125.00 Nos.

Perfume
62. Fogg (100ml) 85 110.00 Nos.

63. Wlid Stone (100ml) 82 118.00 Nos.

64. Breeze (100gm) 120 7.50 Pkt.

65. Lux (75gm) 200 9.75 Pkt.

66. Soap Bars Lux (100gm) 230 14.50 Pkt.

67. Dove (100gm) 150 21.00 Pkt.

68. Dove (200gm) 120 40.00 Pkt.

 69. Pears (100gm) 85 25.00 Pkt.

70. Mc cafe (200gm) 62 165.00 Pkt.

Coffee
71. Nescafe (200gm) 65 150.00 Pkt.

72. Vatika (100ml) 82 62.00 Nos.

73. Hair Oil Dabur Awala (200ml) 66 35.00 Nos.

74. Bajaj Almond (200ml) 90 48.00 Nos.

75. Sunsilk (100ml) 65 34.00 Nos.

76. Sunsilk (200ml) 35 56.00 Nos.

77. Clinic Plus (100ml) 63 32.00 Nos.

78. Shampoo Clinic All Clear (200ml) 78 62.00 Nos.

79. Vatika (200ml) 45 74.00 Nos.

80. Ayur (50ml) 25 24.00 Nos.

81. Ayur (100ml) 50 36.00 Nos.

82. Parle –G (100gm) 48 3.80 Pkt.

83. Krack Jack (250gm) 55 12.00 Pkt.

Biscuits
84. Milk Shakti (100gm) 28 8.50 Pkt.

85. Hide & Sick (250gm) 60 14.50 Pkt.

86. Fair & Lovely (50gm) 68 49.00 Pkt.

87. Fair & Handsome (20gm) 70 48.00 Pkt.

88. Face Creams Vicco (75gm) 55 42.00 Pkt.

89. Nivea (50gm) 45 45.00 Pkt.

90. Ponds (50gm) 70 43.00 Pkt.

91. Surf Excel (500gm) 50 84.00 Pkt.

92. Tide Plus (500gm) 60 75.00 Pkt.

93. Detergent Arial (500gm) 70 68.00 Pkt.

94. Guide (250gm) 35 42.00 Pkt.

95. Wheel (500gm) 60 46.00 Pkt.

96. White King (500ml) 23 48.00 Nos.

97. Toilet Cleaner Harpic (500 ml) 55 54.00 Nos.

98. Domex (500ml) 58 50.00 Nos.

23. Company has some fixed assets and Currest asstes, there opening balance-
e. Maruti Swift = 3,15,000.
f. Land & Building = 13,52,200.
g. Furnitures = 5,00,800.
h. Cash in Hand = 15,00,000.
24. Company purchased from Raj Enterprises with trade discount @ 5%.
d. Laxmi bhog Aata (5kg) = 100 Pkt. @ 62.00/each.
e. Laxmi Bhog Aata (10Kg) = 55 Pkt. @ 90.00/each.
f. Wagh Bakri Tea (500gm) = 60 Pkt. @ 160.00/each.
25. Sold goods to Sharda Pvt. Ltd with trade discount @2%.
g. Ashirwad (5kg) = 25 Pkt @ 59.00/each.
h. Pataka Leaf (250gm) = 40 Pkt @ 109.00/each.
i. Domex (500ml) = 28 Nos. @ 46.00/each.
j. Bajaj Almond (200ml) = 50 Nos. @ 52.00/each.
k. Dove (200gm) = 60 Pkt. @ 45.00/each.
l. Surf Excel (500gm) =25 Pkt. @ 88.00/each.
26. Company has some opening balance for Debtors.
d. Suman General Store = Rs.84,000.
e. Kamal Enterprises = Rs. 2,30,000.
f. J.K. Store = Rs. 1,90,000.
27. Paid Carriage Charges Rs. 5,000 and Wages to labours Rs. 6,000.
28. Withdrawn cash from business Rs. 50,000 for personal use.
29. Paid carriage on sales Rs. 4,000.
30. Paid electricity bill Rs. 15,000.
31. Paid 1pcs Freezer machine Rs.42, 000.
32. Paid salaries to staffs Rs. 45,000.
33. Take a backup of your company.
34. Export the Stock summary reports in Excel format.
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 Tally Assignment No.- 02

1. Open a new company.

2. Create ledger accounts with their opening balances-
a. Capital = Rs. 12,00,000
b. Drawings = Rs. 40,000
c. Bank of Baroda = Rs. 3,60,000
d. Cash in Hand = Rs. 4,80,000
e. Furniture = Rs. 48,000.
f. Computer = Rs. 54,000
g. ICICI = Rs. 2,60,000
h. Motor Bike = Rs. 56,000
i. Amarpreet Pvt. Ltd. = Rs. 54,000 Dr.
j. Usha Garments = Rs. 63,000 Cr.
k. Profit & Loss = Rs. 40,000.
3. Purchased the following woolen garments from Usha Garments on credit and stored in Patna Store1,
` Boring road.

Groups Stock Item Qty. Rate/Per Free Qty.

Blankets 55 Pcs 1290.00 2 Pcs
Jackets 60 Pcs 650.00 ------
Pullovers 120 Pcs 280.00 5 Pcs
Sweaters 110 Pcs 265.00 2 Pcs

Winter Track Suits 60 Pcs 450.00 ------

Garments Winter Tops 80 Pcs 300.00 5 Pcs
Track Pant 30 Pcs 295.00 3 Pcs
Shawl 130 Pcs 180.00 6 Pcs
Woollen Caps 150 Pcs 60.00 10 Pcs
Gloves 40 Pcs 90.00 4 Pcs
4. Paid carriage inwards Rs. 2,000 and wages Rs. 2,600.
5. Paid to Usha Garments Rs. 63,000 through ICICI.
6. Transfer 50 Pcs Pullovers, 50 Pcs Shawl, 25 Pcs Woolen Caps and 20 Pcs Jackets from Patna Store1,
Boring Road to Patna Store2, Danapur Road.

7. Sold the items from Patna Store2, Danapur Road in cash mode.
a. Woolen Caps 10pcs @150/pcs.
 b. Jackets 12pcs @950/pcs.
c. Pullovers 26pcs @650/pcs.
d. Shawl 16pcs @360/pcs.
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8. Paid cash to Usha Garments Rs. 40,000.

9. Transfer the stock items in different stores from Patna Store1, Boring Road-

Stock Items Transfer to Patna Store 3, Transfer to Patna Store 4,

Bailey Road
Rajendra Nagar
Blankets 15 Pcs 20 Pcs
Jackets 10 Pcs 15 Pcs
Track Suits 10 Pcs 10 Pcs
Sweaters 30 Pcs 40 Pcs
Gloves 20 Pcs 10 Pcs
Winter Tops 25 Pcs 25 Pcs
Shawl 40 Pcs 30 Pcs

10. Paid General expenses Rs.1,000, Telephone bill Rs. 1,500 and electricity bill Rs. 2,000.
11. Sold the following items with winter discount offer in cash from Patna Store4, Bailey Road.
a. Jackets 8pcs @1250/pcs with 20% off.
b. Track Suits 5pcs @750/pcs with 10% off.
c. Sweaters 28pcs @559/pcs with 15% off.
d. Winter Tops 18pcs @580/pcs with 10% off.
e. Shawl 22pcs @390/pcs with 5%.
12. Paid cash to Usha Garments Rs. 30,000.
13. Withdrawn cash from BOB Rs. 55,000 and Rs. 20,000 for personal use.
14. Received a cheque of Canara Bank Rs.60,000from Amarpreet Pvt. Ltd.
15. Returned goods to Usha Garments from Patna Store1.
a. Gloves 10 pcs
b. Track Pantb15 pcs
c. Woolen Caps 15pcs
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 Tally Assignment No.- 03

1. Record the following items in your inventory and stored in main location.
Stock Group Stock Category Stock Item Qty. (Pcs) Rate/Per
Cotton Trouser (M) 160 580.00
Mens Lower Fancy Trouser (M) 75 450.00
Jeans (M) 180 650.00
Casual Shirts (M) 210 380.00
Formal Shirts (M) 320 325.00
Mens Upper
Modi Coat (M) 78 430.00
Menswear
T-Shirts (M) 1200 260.00
Bermuda (M) 158 160.00
3-Quarter (M) 95 220.00
Misc. Mens
Short Kurta (M) 35 460.00
wear
Payjama (M) 110 320.00
Sutting Pcs (M) 56 340.00
Baba Suit (B) 215 280.00
Bermuda (B) 125 75.00
Half Pant (B) 18 185.00
Infant (B) 24 200.00
Boys wear Kurta Payjama (B) 65 165.00
Sando (B) 24 132.00
Shirts (B) 55 390.00
T-Shirts (B) 460 165.00
KidsWear
Trousers (B) 68 425.00
Capri (G) 38 198.00
Dangries (G) 44 340.00
Frocks (G) 245 350.00
Girls Wear Infant (G) 54 130.00
Jeans (G) 92 215.00
Night Suit (G) 55 160.00
Salwar Suits (G) 56 250.00
 Skirts (G) 50 155.00
Skirt-Top (G) 19 325.00
Tops (G) 438 155.00
Dress Fabric (L) 123 650.00
Dupatta (L) 220 80.00
Ladies Ethnic
Nighty (L) 35 230.00
Wear
Salwar (L) 79 305.00
Ladies Wear Salwar Suits (L) 268 860.00
Cotton Saree (SR) 68 435.00
Synthetics (SR) 365 485.00
Sarees
Fancy Saree (SR) 239 240.00
Tant Saree (SR) 89 720.00

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Capri (L) 34 145.00

Jeans (L) 234 480.00
Kurti (L) 178 350.00
Long Dress (L) 56 460.00
Parallel (L) 166 195.00
Skirts (L) 36 255.00
Ladies Western
Ladies Wear Stocking (L) 115 140.00
Wear
T-Shirts (L) 390 135.00
Tops (L) 567 295.00
Dangries (L) 46 435.00
Trousers (L) 77 340.00
Plazo (L) 87 125.00
Hot Pant (L) 65 230.00
Sandals (K) 110 160.00
Accessories Footwears
Sandals (L) 185 175.00
 Sandals (M) 68 260.00
Shoes (K) 46 280.00
Shoes (M) 125 455.00
Corporate Bags 17 690.00
Luggage 24 1320.00
Leather Items Pouches 43 110.00
Purse 105 255.00
Wallets 38 175.00

2. Purchased the some other fixed assets for store.

a. Steel Stands = Rs. 29,000
b. Glass Racks = Rs. 14,000
c. Hangers (Steel) = Rs. 8,000
d. Hangers (Wooden)= Rs. 6,800
e. Half Buster = Rs. 18,900
f. Full Buster = Rs. 24,000
g. Pos Printer = Rs. 12,450
h. Mirrors = Rs. 12,600
i. Sensor Detector = Rs. 32,400
j. Wooden Counter = Rs. 56,900
k. Glass Counter = Rs. 34.500

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3. Both partners are decided to extension of accessories material in the store, then they purchased some
materials
in cash.

Stock Group Category Stock Items Qty.(Pcs) Rate/Per T.D

Bone China 38 145.00
Crockery’s 2.5%
Glass Ware 54 172.00
Accessories Duster, Cleaner 135 42.00
Home Ware 2%
Kitchen Ware 95 95.00

Home Bed Sheets, Cover 72 70.00 3%

 Furnishing Curtain, Towel 65 185.00
Doormats 215 112.00
Containers 230 105.00
Plastic
Water Bottles 130 96.00 5%
Ware
Bath Accessories 280 43.00

Toys & Batt. Operated Toys 24 255.00

6%
Games Plastic Toys 134 110.00
4. Check the stock details or summary.
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 Tally AssignmentNo:-04
SCHOOL
ACCOUNTING

1. Open a new company with name of “ST. PAUL’SACADEMY”

2. Record the opening balances of previous year CapitalRs.50,00,000, Cash Rs.15,00,000, Furnitures
Rs.4,00,000 Building Rs.40,00,000, Computers Rs.2,80,000, Office Equipments Rs.3,60,000, SBI Rs.2,15,000
and
O/D at SBI Rs.40, 000.
3. Record the data of new students for newsession.

Library/ computer
Class Name Admission fee Tuition fee Bus fee
Fee
Ravish kr. 15,000 1,800 2,400 1,000
Mohit kr. 15,000 1,800 1,000
Class 3
Mansi 15,000 1,800 2,400 1,000
Sukriti kri 16,500 2,000 2,500 1,200

Class 5 Rohit Das 16,500 2,000 2,500 1,200

Irfan khan 16,500 2,000 2,500 1,200
Guddu kr 17,000 2,400 1,500
Class 8 Ritikas 17,000 2,400 1,500
Susmita 18,000 2,500 2,500

Class 9 Rahul 18,000 2,500 2,500

Harsh 18,000 2,500

4. Received examination fees from followingstudents

Class Name Exam fee

Class 3 Ravikant kr. 2,000
Class 9 Sanjeev kr. 3,500
Class 9 Riya singh 3,500
Class 5 Kajal kri 2,000
Class 7 Komal kri 3,000
Class 7 Ravi 3,000
Class 6 Binod kr. 2,500
Class 6 Manoj kr. 2,500
Class 8 Gautam 3,000
Class 6 Raju kr. 2,500
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5. Paid electricity charges Rs.24,000, maintenance charges Rs.21,400 and cleaning chargesRs.4,000.
6. Paid salaries to following staffs

Mr. Ravi Shankar Sir = Rs.18,000

Miss Nitu Mam = Rs.14,000

Mrs. Jaya Mam =Rs.17,000

Mr. Anil Sir = Rs.15,000

7. Received commission in cash mode Rs.44, 000 from Dinkar Publisher againstof bookssale.

8. Purchased a new Minivan(TATA) ofRs.4,50,000.

9. Purchased 2 pkts pens Rs.200, 2 bundle A4 sheet Rs.430,1 bundle chart paper Rs.350 and stamp Rs.140 for

Officepurpose.

10. Paid monthly salaries to security guards and drivers Security--

Guard Driver

Ranjeet =Rs.12, 000 Javed =Rs.8, 500

Ramesh=Rs.10, 000 jafar = Rs. 8,500
11.Paid event charges Rs.25, 000 and staff welfare Rs.8, 000to Sandeep Event Agency through SBI
Cheque(ch.no:124001)
12.Record the expense of project exhibition of Rs.5500.
13.Received a donation from “Kalyan Educare” Pvt. Ltd. Rs. 1, 00,000 for best performance of school
education.
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 Tally Assignment No.-05

1. Open a new company.

2. Create the following simple and compound units.
Unit of Measurement
Simple Units Symbol Compound Units
Numbers NOS Doz of 12 Nos
Meter MTR Box of 50 Pkt
Liter LTR Box of 25 Nos
Boxes BOX Pkt of 100 Nos
Packet PKT Kg of 1000 Gm
Dozen DOZ
Kilogram KG
Metric Ton MT
Gram GM

3. Record the following transactions.

a. Purchase 5 Doz Cotton Saree @ 6,000/Doz from Santosh Traders.

b. Purchase 2 Pkt T-Shirt @ 2,500/Pkt from Rajeev Trades.

c. Purchase 2 Boxes Addiction Perfume 150ml @ 2,800/box in cash.

d. Sold 2.5 Doz Cotton Saree @ 7,200/Doz to Suman Vastralaya Store.

e. Purchase 150 Nos Regular Jeans @ 750/nos in cash.

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 Tally Assignment No.-06

1. Open a new company with following opening balance of ledgers

Cash = Rs. 5,00,000

SBI = Rs. 2,50,000.
2. Enable “Tax Deducted at Source”.
Company Sheetal Enterprises
TAN Registration no. PPEF02348F
Deductor Type Company
Person Responsible Details
Name Sushant Kumar Jaiswal
Son of Sudhir Jaiswal
Designation Accounts Manager
PAN CPPST5412K

3. Receive an invoice from A.S. Associate (Pan No. AAHDE1234F) Rs. 85,000 against Legal
Advice. Deducted TDS on payment on dated 01-04-21.
Deducted Type Partnership Firm
TDS Rate 2%
Nature of payment Payment of Professional Fee
Section 194J

4. Receive an invoice from Shyam Associate (Pan No. HATHL1553L).

Charted Accounted towards Internal against Audit of Accounts Rs, 36,000 on dated 01-05-21.
Deducted Type Body of Individual
TDS Rate 2%
Nature of payment Payment of Professional Fee
Section 194J

5. Paid cash to A.S. Associate after deduction of TDS on dated02-04-21.

6. Paid cash to Shyam Associate after deduction of TDS on dated02-05-21.
7. Receive an invoice from Bansal Pvt. Ltd.( Pan No. AABH1475HH) Against contract of Annual
Maintenance Rs. 50,000 &deduct TDS on dated 1-7-21
Deducted Type Company of Resident
 TDS Rate 2%
Nature of payment Payment to Contractor
Section 194C

8. Paid to Bansal Pvt. Ltd. After deduction TDS . 31-7-21

9. Receive an invoice from Tarun Transportation (Pan No. ABCDE1111H) against Transport
service Rs . 90,000 & deduct TDS . Dated 1-9-21
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Deducted Type Company of Resident

TDS Rate 2%
Nature of payment Payment to Transporter
Section 194C

10. Receive an invoice from Solanki Heavy Machineries(Pan No.HASDF5544L) against rent on
machinery Rs. 1,50,000 and deduct TDS on dated 01-09-21
Deducted Type Company of Resident
TDS Rate 2%
Nature of payment Payment of Rent on plant
Section 194I

11. Receive an invoice from VIshwaKarma Construction (Pan No.LLGHK9987H) against rent
on building Rs.1,00,000 and deduct TDS on dated 01-10-21

Deducted Type Company of Resident

TDS Rate 10%
Nature of payment Payment of rent on land
Section 194 I

12. Paid all TDS amount to govt. through SBI on dated 01-11-21.
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 Tally Assignment No.- 07

1. Open a new company.
2. Enable payroll feature in your company.
3. Record the following data of employees with salary details.

Employee Name Mr. Anand Mr. Balram Mr. Chandra

Employee Group Manager Supervisor Admin.
Date of Joining 01-04-2021 01-04-2021 01-04-2021
Designation Assistant Manager Sales Executive System Admin.
Employee Number 101 102 103
IT/PAN TNSFR5678G BSPPT4321D AVCFH5689U
Bank Details 0345678990, SBI 6789000332, SBI 0087650012, SBI
Salary Heads
Basic Salary Rs. 18,000 Rs. 12,000 Rs. 15,000
HRA Upto Rs. 5000>20% …… ……
Above Rs. 5001>30% …… ……
DA Upto Rs. 8000>8% …… ……
Above Rs. 8001>10% …… ……
Conveyance Rs. 3000 Rs. 2000 Rs. 2600
PF 12% on basic + d.a 12% on basic + d.a 12% on basic + d.a
Professional Tax Ref 1. Ref 1. Ref 1.
Attendance Details
Absent 2 2 1
Paid Leave 2 2 2
Sick Leave 1 0 1
Overtime 48 Hr. (Per hr Rs. 80) 0 56 Hr. (Per hr Rs. 70)

 Reference 1. (Professional Tax)

From Amount Amount Upto Slab Type Value Basis
10000 Value 70
10000 14000 Value 120
14001 20000 Value 180
20001 -------- Value 250

4. Calculate the attendance and salary on dated 31-10-2021.

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 Tally Assignment No.-08

1. Open a new company.

2. Record the following fixed assets accounts.

Assets Amount Depreciation Rate Useful Life

Building 14,00,000 20% 20 yrs

Furniture 4,80,000 5% 8 yrs

Computer 2,50,000 15% 10 yrs

Car 3,00,000 15% 5 yrs

Printer Machine 44,000 15% 3 yrs

Air Condition 64,000 15% 4 yrs

3. Charged the depreciation on assets and record the entry.

4. Purchased 2Pcs Laptop @52,000/- from R.K. Infotech on credit.

5. Purchased new furniture Rs. 50,000 in cash.

6. Purchase Motor bike @ Rs. 63,000 in cash.

7. Depreciation charged on Laptop Rs. 4000.

8. Depreciation charged on furniture @5% and Motor bike @15%

9. Purchased Land Rs. 5,50,000 for office.

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 Tally Assignment No.-09

1. Open a new company.

2. Started business with capital Rs. 5,00,000 and deposited into SBI Bank Rs. 2,00,000 on dated 01-05-21.

3. Purchased goods from Modern Computers Rs. 15,000 on dated 01-05-21.

4. Sold goods to following parties on credit on 01-05-21.

a. Azim Rs. 25,000

b. Suraj Rs. 23,000

c. Chandra Rs. 30,000

d. Anand Rs. 28,000

5. Cheque received from Azim Rs. 25,000 and deposited into SBI (Ch.no.-567848) on 02-05-21.

6. Cheque received from Chandra Rs. 30,000 and deposited into SBI (Ch.no.-560840) on 02-05-21.

7. Paid cheque of SBI to Modern Computers Rs. 15,000 (Ch.no.-418774) on 02-05-21.

8. Received interest from SBI Rs. 3,500 on dated 02-05-21.

9. Paid Bank charges Rs. 200 through SBI on 02-05-21.

10. Withdrawn cash from SBI Rs. 10,000 on 02-05-21.

11. Received cheque from Anand Rs. 28,000 through SBI (Ch.no.-760849) on 31-05-21.

SBI Statement May 2021

Clearing Date Cheque No. Particulars Debit Credit

01-05-20 --------- Deposited 2,00,000

02-05-20 567848 Azim 25,000

02-05-20 560840 Chandra 30,000

02-05-20 418774 Modern Computers 15,000

02-05-20 --------- Interest received 3,500

02-05-20 --------- Bank Charges 200

02-05-20 --------- Withdrawn 10,000

31-05-20 760849 Anand 28,000

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 Tally Assignment No.- 10

1. Open a new company (F.Y- 01-04-2020).

2. Opening balance of Capital Rs. 15,00,000, HDFC Rs. 25,00,000 and Cash Rs. 8,00,000.
3. Record the following purchase entry in voucher mode.
Date Creditor’s Name Bill No. Credit Days Purchase Value
02-04-20 R.K.Enterpries 0048 21 75,000
02-04-20 Mukul & Sons 0054 30 1,50,000
01-05-20 Manika Traders 0055 45 3.80,000
02-05-20 R.K.Enterprises 0061 21 90,000
31-05-20 Jupiter Pvt. Ltd. 0064 60 7,50,000
01-06-20 Manika Traders 0066 45 4,50,000
01-06-20 Roy & Bros. 0068 30 4.10,000
02-06-20 Jupiter Pvt. Ltd. 0070 60 9,00,000

4. Record the following sales entry in voucher mode.

Date Debtor’s Name Inv. No. Credit Days Sales Value Interest Rate
02-04-20 Radhika Pvt. Ltd. SK/051 30 2,60,000 6% P.A
01-05-20 Krishita Traders SK/052 45 5,70,000 7% P.A
02-05-20 Rajat Enterprises SK/053 60 8,00,000 5% P.A
31-05-20 Surya India Pvt. Ltd. SK/054 60 8,55,000 5% P.A
31-05-20 Rajat Enterprises SK/055 60 9,50,000 5% P.A
01-06-20 Radhika Pvt. Ltd. SK/056 30 2,65,500 6% P.A
01-06-20 Das Traders SK/057 75 11,20,000 4% P.A
02-06-20 Krishita Traders SK/058 45 7,70,000 7% P.A

5. Check the interest amount of debtors on 01-09-2020 and outstanding balance.

Debtor’s Name Outstanding Balance Interest Amount
Krishita Traders
Das Traders
Rajat Enterprises
 Surya India Pvt. Ltd.
6. Check the ageing reports of creditors and debtors.
7. Paid through HDFC A/c to following party.
Date Creditors Amount Type Cheque No.
01-08-20 Jupiter Pvt. Ltd. 15,00,000 RTGS 104802
02-08-20 Manika Traders 7,00,000 NEFT 104803
02-08-20 R.K.Enterprises 1,50,000 Cheque 104804
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 Tally Assignment No.- 11

1. Open a new company.

2. Record the opening balance as on 01-04-2020.
Capital Rs. 5,00,000, Cash Rs. 2,00,000, Furniture Rs. 23,000.
3. Company plans their budget for coming May month (01-05-20 to 31-05-20).

Expense Budget
Indirect Expenses
Telephone Charges 2000
Office Expenses 1500
Repairing Charges 1800
Conveyance 1000
Advertisement Expenses 3500

4. Record the transactions.

01/05, Paid telephone charges Rs. 1,800.

01/05, Paid office expenses Rs. 1,200.

02/05, Paid repairing charges Rs. 2,000.

02/05, Paid conveyance Rs. 1050.

31/05, Paid advertisement expenses Rs. 3,000.

5. To view the budget variation.

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 Tally Assignment No.- 12

1. Open a new company.

2. Enable the feature of discount and price list.
3. Opening stock of Dilip Book Store as on 01-04-20.

Name Qty. Rate

Accounts Book 350 Pcs 180.00
Maths Book 400 Pcs 220.00
Biology Book 300 Pcs 240.00

4. Prepare the Price list for Retail and Wholesale Sales.

Retail Sales
Qty
Sl. No. Name Rate Disc.
From Less Than
1. Accounts Book 50 Pcs 240.00 ……
50 Pcs 100 Pcs 240.00 8%
100 Pcs ------ 240.00 10%
2. Maths Book 70 Pcs 300.00 2%
70 Pcs 150 Pcs 280.00 4%
3. Biology Book 80 Pcs 320.00 3%
80 Pcs 150 Pcs 300.00 4%

Wholesale Sales
Qty
Sl. No. Name Rate Disc.
From Less Than
1. Accounts Book 100 Pcs 220.00 3%
100 Pcs 200 Pcs 220.00 5%
2. Maths Book 90 Pcs 270.00 3%
90 Pcs 200 Pcs 250.00 5%
200 Pcs 300 Pcs 240.00 8%
3. Biology Book 90 Pcs 270.00 4%
 90 Pcs 190 Pcs 270.00 6%

5. Sold 220 Pcs Maths Book to S.K. Store (Wholesale Sales).

6. Sold 120 Pcs Biology Book to Javed Book Store (Retail Sales).

7. Sold 40 Pcs Accounts Book to N.K. Store (Retail Sales).

8. Sold 150 Pcs Biology Book to Kusum Store (Wholesale Sales).

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 Tally Assignment No.- 13

1. Open a new company.

2. Enable standard cost feature for item.

3. Create stock items as on 01-04-19, with the information provided below.

Stock Name Cost Warehouse On-Site Total Qty. Item Code Retail Price

Computers

HCL PIV 17,500 3 4 7 HCL5P 21,500

IBM PIV 17,800 0 5 5 IBMP5 23,700

Peripherals/Access.

CD ROM Disks 450 0 8 8 CD1005 500

Dust Cover 35 3 9 12 DC35 45

Pen Drive (64 Gb) 1,250 0 12 12 PD64 1,600

Wireless Keyboard 490 10 18 28 WK490 720

Wireless Mouse 320 10 10 20 WM320 430

4.
Printers Chang
HP Laser Jet 8,500 2 7 9 HPL1010 9,800 e the
standa
Samsung Laser Jet 8,000 0 8 8 SML5112 9,500 rd
rate of
selling for HP Laser Jet Printer Rs. 10,800 on dated 01-05-2019.

5. Sold 2 Pcs IBM PIV and Pen Drive 10 Pcs to Shyam Infotech on dated 02-04-2019.

6. Sold 5 Pcs HP Laser Jet printer in cash on dated 02-05-2019.

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 Tally Assignment No.- 14

1. Open a new company.

2. Enable the feature of budgets and prepare the budget for 4 Months with name of “Admin. Budget”.

01-04-2020 to 31-07-2020

Groups Ledgers Amount

Purchase 5,00,000

Sales 8,00,000

Salary 50,000

Rent 28,000
Indirect Expenses
Commission 14,000

Advertisement 12,000

Wages 5,600

Direct Expenses Freight 2,400

Carriage 1,500

3. Record the following transactions-

01/04, Purchased goods from R.K. Traders Rs. 1,00,000.
02/04, Purchased goods in cash Rs. 80,000.
01/05, Paid salaries Rs. 30,000 and wages Rs. 3,300.
02/05, Paid rent Rs. 12,000 and carriage Rs. 800.
02/05, Sold goods to Shiva Traders Rs. 1,50,000.
31/05, Paid commission to agents Rs. 12,000.
31/05, Sold goods in cash Rs. 2,50,000.
01/06, Purchased goods from Badal Traders Rs. 1,40,000.
01/06, Paid wages Rs. 2,500 and carriage Rs. 1,000.
01/06, Purchased goods in Cash Rs. 1,80,000.
02/06, Sold goods in cash Rs. 2,40,000.
02/06, Paid advertisement expenses Rs. 10,000 and freight charges Rs. 3,000.
01/07, Paid salary Rs. 22,000 and rent Rs. 14,000.
01/07, Sold goods to Kumar Traders Rs. 90,000.
31/07, Sold goods in cash Rs. 2,00,000.
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 Tally Assignment No.-15

1. Open a new company.

2. Enable price list and price level.

3. Prepare the price list with following conditions.

Sales L.G T.V

Type Less than 5 Pcs More than 5 Pcs

Semi Dealer 30,000 Sales Sony Bravia T.V

28,000 Type Less than 5 Pcs More than 5 Pcs

Retailer 32,000 Semi Dealer 56,000

29,000 52,000

Retailer 58,000

4. Gunjan started business with capital Rs. 54,000

40,00,000.

5. Purchased 20 Pcs L.G T.V @26,500 from J.K. Electronics.

6. Purchase 15 Pcs Sony Bravia T.V @ 48,000 from Vishal Electronics.

7. Sold 6 Pcs L.G T.V to Sunil Electronics (Semi Dealer).

8. Sold 12 Pcs L.G T.V to Ravi Electronics (Retailer).

9. Sold 4 Pcs Sony Bravia T.V to Rishav Electronics (Retailer).

10. Sold 10 Pcs Sony Bravia T.V to S.K. Electronics (Semi Dealer).
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 Tally Assignment No.- 16

1. Open a new company

2. Following is the opening stock of Vicco laboratories.

INGREDIENTS OPENING QUANTITY RATE LOCATION

Babul 2500gm 0.28/gm Patna

Manji 2500gm 0.24/gm Patna

Bor 2500gm 1.70/gm Patna

Vajradanthi 2500gm 2.30/gm Patna

Bakul 2500gm 0.23/gm Patna

Maifal 2500 gm 2.90/gm Patna

3. To manufacture 100gm/1pcs of vicco tooth powder needs the following components –

Ingredients Qty ( gm )

Babul 16gm

Manji 16gm

Bor 22gm

Vajradanthi 14gm

Bakul 22gm

Maifal 10gm

4. On 01-04-19, Vicco laboratories manufactured 100 pcs of Vicco tooth powder included with additional
cost :-wages Rs.300, power Rs.80.
5. Sold 30 pcs Vicco tooth powder @ ( ______+ Rs.20 ) with profit value to Jatin General Store.
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 Tally Assignment No.- 17

1. Open a new company.

2. Opening balance of Capital Rs.6,70,000 , Cash Rs. 3,20,200 and SBI Rs.2,45,000.

3. Enable “Interest Calculation” feature in your company.

4. Purchased 15Nos. Crompton Amica -15L (Group – Water Geyser) @11,800/nos from J.K Enterprises

(Credit Period – 30 Days, Rate- 8%, 365 days) on dated 01-04-19.

5. Purchased 10Nos. Bajaj New Shakti-25L @16,950/nos from Royal Electronics & Traders

(Credit Period – 30 Days, Rate- 7%, 365 days) on dated 01-04-19.

6. Sold 5Nos. Crompton Amica – 15L @13,600/nos to Rishi Electronics

(Credit Period – 45 Days, Rate- 9%, 365 days) on dated 02-04-19.

7. Sold 7Nos. Bajaj New Shakti-25L @18,500/nos to Rajat Enterprises

(Credit Period – 45 Days, Rate- 8%, 365 days) on dated 02-04-19.

8. Paid cash to J.K.Enterprises Rs. 1,00,000 on dated 01-05-19.

9. Received cash from Rajat Enterprises Rs. 60,000 on dated 02-05-19.

10. Sold 5Nos. Crompton Amica -15L @13,200/nos to Rajat Enterprises on dated 02-05-19.

11. Calculate the interest of creditors and debtors on dated 01-07-19.

12. Adjustment of interest for all parties on dated 01-07-19.

13. Received cash from Rishi Electronics with interest value on dated 01-07-19.

14. Received cheque of SBI from Rajat Enterprises on dated 01-07-19 with total interest.

Paid cash with interest to J.K.Enterprises and Royal Electronics & Traders through SBI on dated 01-07-19
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 Tally Assignment No.- 18

1. Open a new company.
2. Started a business of production with capital Rs. 20,00,000.
3. Deposited cash into SBI Rs. 5,00,000.
4. Prepare the list of Raw Materials for production of 21 inch LCD T.V (Brand Name :- Sentex).
5. Purchase the following raw materials from the different suppliers (In cash) and stored all items into Patna
Godown.
Sl. No. Raw Materials Qty. Rate

1. Fiber Body 30 Pcs 2500.00

2. Kit 30 Pcs 3200.00

3. Sound Speaker 60 Pcs 400.00

4. Volume Button 70 Pcs 15.00

5. Code 90 Pcs 12.00

6. USB Port 30 Pcs 24.00

7. Wire 120 Mtr 8.00

8. Transformer 36 Pcs 450.00

9. Remote 28 Pcs 550.00

6. Paid Carriage on Purchase Rs. 1200 and wages Rs. 1000.

7. Purchased Loose tools Rs. 2,500 for assembling process and withdrawn cash from business for personal
use Rs. 10,000.
8. Transferring of cash from SBI Rs. 2,00,000into HDFC.
9. Create a voucher of manufacturing journal with assembled quantity of 15 Pcs 21 inch LCD T.V and
stored in Patna Godown with included the some overheads during the assembling.
(Wages = Rs. 200/Pcs, Packing Charges = Rs. 2500 and Assembling Charges = Rs. 500).
10. Sold 10 Pcs 21 inch LCD T.V @ (Production Value + 3000 (Profit Value)) to D.K.Appliances & Co.
With Trade discount @4%.
11. Transferring of 5 Pcs 21 inch LCD T.V from Patna to Danapur Godown.
12. Received cash from D.K.Appliance & Co. Rs. 30,000 against sales.
13. Returned 1Pcs 21 inch LCD T.V from D.K.Appliances& CO. Due to damage.
14. Take a backup of your company.

Note:- Assemble Quantity List for 21inch LCD T.V (Bill Of Materials).
Sl. No. Raw Materials Qty.

1. Fiber Body 2 Pcs

2. Kit 1 Pcs

3. Sound Speaker 4 Pcs

4. Volume Button 4 Pcs

5. Code 6 Pcs
 6. USB Port 2 Pcs

7. Wire 8 Mtr

8. Transformer 1 Pcs

9. Remote 1 Pcs

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 Tally Assignment No.- 19

1. Open a new company.

2. Enable multi currency option and create a new currency of Us-Dollar

(Exchange Rate Rs.70/USD on dated 01-04-19).

3. Purchased office furniture USD 500 on dated 01-04-19.

4. Deposited cash into World Bank USD 3500 on dated 02-04-19.

5. Purchased goods from Max & Co. USD 250 on dated 02-04-19.

6. Purchased goods from Miller & Co. USD 200 on dated 02-04-19.

7. Change the exchange rate Rs.72/USD on dated 01-05-19.

8. Sold goods To Ronald & Co. USD 300 on dated 01-05-19.

9. Sold goods to Daniel & Co. USD 320 on dated 02-05-19.

10. Received from Ronald & Co. through World Bank USD 250 on dated 02-05-19
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 Tally Assignment No.- 20

1. Open a new company.

2. Enable “Tax Collected at Source” with TAN = ACQRP4423U.
3. Record the ledger accounts with opening balance.
a. Capital = Rs. 6,80,000.
b. Cash = Rs. 3,50,000.
c. SBI = Rs. 2,20,000.
d. HDFC = Rs. 1,20,000.
e. Drawings = Rs. 65,000.
f. Furniture = Rs. 78,000.
4. Purchased 120Kg Scrap of iron @ 410/kg from Dinesh Metal Works (PAN :- CQSAC2356A).
5. Paid Wages Rs.800 in cash.
6. Purchased 85 Kg Tendu Leaves @ 365/kg from Ramesh Traders (PAN :- ACDPR5689Q).
7. Paid to parties through cash-
a. Dinesh Metal Works = Rs. 40,000.
b. Ramesh Traders = Rs. 25,000.
8. Sold 45 Kg Tendu Leaves @ 400/kg to N.K.Traders with TCS@5% (Type :- Company –Resident,
PAN :- ARGPS8865D).
9. Paid carriage outward Rs. 300.
10. Sold 50 Kg Scrap of iron @ 530/kg to K.K.R Enterprises with TCS@1%(Type :- Partnership firm,
PAN:- CQSRT5896A).
11. Received cash from the parties and deposited into HDFC bank-
a. N.K.Traders = Rs. 15,000.
b. K.K.R.Enterprises = Rs. 15,000.
12. Sold 20 Kg Scrap of iron @ 510/kg to K.K.R.Enterprises with TCS @1%.
13. Paid the amount of TCS on Scrap and TCS on Tendu Leaves through HDFC.
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 Tally Assignment No.- 21

1. You started a new company with capital Rs.5,00,000and deposited cash into ICICI Rs.1,38,000.
2. Purchased a new Laptop for office on credit from Super Infocom Rs.45,000
3. Purchased office equipments Rs.18,000
4. You purchased the following items from Unique Electronics (Bihar) on credit.
Items Purchase qty. Free Total qty. Rate SGST CGST

Samsung Smart LCD T.V 15nos 1nos 16nos 26.800 9% 9%

Samsung DVD player 13nos 2nos 15nos 3,350 9% 9%

5. Paid conveyance expenses of marketing executives Rs.6,000.

6. Paid donation to charitable trust Rs.5501.
7. Deposited cash into ICICI Rs.1, 50,000.
8. Paid office maintenances charges Rs.1, 000.
9. Paid cash to super Infocom through Cheque of ICICI.
10. Paid the salaries through cheque for previous month.
Emp. Name Department Designation Salary Overtime Bonus Commission

Rahul Singh Manufacturing HOD 18,000 2,400 5,000 --------

Jaya gupta Finance Accountant 12,000 3,800 3,000 --------

Binay joshi Marketing Sr. executive 20,000 -------- 5,000 5,500

Renu sinha Management Assistant 16,000 2,000 5,000 --------

11. Sold the following items to Champion Electronics (Jharkhand) on credit-

Items Sold qty. Free Total qty. Rate IGST C.D

Samsung Smart T.V 10nos ------ 10nos 29.500 18% 1000

Samsung DVD player 10nos 1nos 11nos 3,950 18% 500

12. Paid insurance premium by cash Rs.2,500

13. Paid cash to Unique Electronics and discount allowed by him Rs.2,000
14. Received cheque from Champion Electronics.
15. Apply the Tally vault password to your existing company.
16. Remove the previous company.
17. Company purchased 3nos washing machine for Rs.9,800/nos on GST@18% from Das Traders included with
Packing charges Rs.200.
18. Purchased following goods from Franklin Enterprises-
a. Air conditioner 5nos @ 42,800/nos
b. Double Door refrigerator 4nos @ 25,900/nos with GST@18% and loading charges Rs.500, packing
charges Rs.300.
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 Tally Assignment No. :- 22

1. Open a new company “Ansh Enterprises”. (F.Y: 1-4-21)
2. Record the following Trial Balance with their opening balance
Sl . No. Name of A/c Group Debit Credit
1 Purchase 12,000
2 Sales 25,000
3 Discount 1,200
4 Salaries 2,500
5 Wages 10,000
6 Cash in hand 975
7 Cash at bank 13,500
8 Repair & Maintenance 870
9 Sundry expenses 350
10 Mortage 14,000
11 Mortage interest 250
12 Travelling Expense 100
13 Insurance 150
14 Carriage 250
15 Commission 350
16 Rent and Rates 600
17 Building 6,000
18 Machinery 5,000
19 Delivery van 4,000
20 Capital 20,000
21 Accounts Payable 3,200
22 Accounts Receivable 4,500
23 Opening stock 2,450
24 Return inward 300
25 Reserve for doubtful debts 800
26 Notes Payable 2,745
27 Notes Receivable 400
Total 65,745 65,745

Balance sheet:
Profit & Loss:
Gross Profit/Loss :
Net Profit/Loss:

256 TALLY PROFESSIONAL ASSIGNMENTS

Prepared By: - Rakesh Roy (Accounts Professional)

 Tally Assignment No. :- 23

1. Open a new company “ Rupak Pvt.Ltd”. (F.Y: 1-4-21)
2. Record the following Trial Balance with their opening balance
Sl . Name of A/c Group Debit Credit
No.
1 Opening stock 7,000
2 Purchase 18,000
3 Clearing charges 400
4 Carriage inward 800
5 Royalty 8,000
6 Dock charges 300
7 Electricity 700
8 Salaries 3,000
9 Sales 35,000
10 Import Duties 1,200
11 Accrued Rent 500
12 Sales return 350
13 Discount on Sales 250
14 Cash at bank 3,575
15 Postage & telegram 120
16 Stationary 265
17 Discount Allowed 370
18 Stable expenses 120
19 Advertisement 900
20 Carriage outward 600
21 Commission on sales representative 160
22 Due telephone bill 280
23 Interest on capital 120
24 Repairs and renewal 900
25 Depreciation 400
26 Bank charges 90
27 Interest on Bank O/D 350
28 Land development 14,000
29 Office expenses 1,100
30 Interest on investment 650
31 Provision for Bad debts 800
32 Interest on drawings 450
33 Dividend Received 270
34 Bad debts recover 160
35 Interest on Saving Certificate 250
36 Accured on Loan Interest 200
37 Advance Gas Bill 300
38 Bank O/D 8,000
39 Loan 28,000
40 Sales Ledger balance 12,000
41 Pension Fund 3,500
42 Income Tax Reserved 1,200
43 Depreciation Fund 2,500
44 Advance wages 500
45 Notes Payable 2,500
46 Accounts Payable 8,500
47 Accured interest on Bank balance 300
48 Preliminary expenses 1,250
49 Deffered Advertisement 450
 50 Income Tax 300
51 Insurance premium 200
52 Goodwill 3,500
53 Trademark 4,000
54 Furniture 2,500
55 Car 3,000
56 Cash at hand (closing) 600
57 Suspense A/c 310
Total 92,520 92,520

Balance sheet:
Profit & Loss:
Gross Profit/Loss :
Net Profit/Loss:

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 Tally Assignment No. :- 24

1. Open a new company “ Kailash Pvt. Ltd.” (F.Y – 1-4-21)
2. Record the following Trial Balance
Sl. Name of A/c Group Debit Credit
No.
1 Capital 75,00,000
2 Plant 15,00,000
3 Cash in hand 2,500
4 Commission received 1,75,000
5 Discount (Dr.) 55,000
6 Purchase return 50,000
7 Interest received 30,000
8 Repairing charges 1,25,000
9 General Expenses 3,00,000
10 Wages 5,00,000
11 Furniture 1,20,000
12 Sales return 90,000
13 Loan Advanced 6,00,000
14 Office salaries 6,25,000
15 Building 7,50,000
16 Opening stock 12,50,000
17 Cash at bank 5,75,000
18 Rates, Taxes & Insurance 30,000
19 Discount (Cr.) 45,000
20 Sundry Creditors 2,50,000
21 Sales 62,50,000
22 Book debts 15,00,000
23 Rent 62,500
24 Purchase 48,00,000
25 Carriage & Freight 75,000
26 Delivery Van 5,00,000
27 Travelling Expenses 50,000
28 Drawings 6,00,000
29 Suspense A/c 1,90,000
Total 1,43,00,000 1,43,00,000
Balance sheet:
Profit & Loss:
Gross Profit/Loss :
Net Profit/Loss:
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 Tally Assignment No.- 25

1. Createa new company.
2. Record the previous balance of Capital Rs. 15,00,000 and Cash Rs. 4,50,000.
3. To maintain the following opening stock statement in your company.
Group Categories Stock item Purchase Quantity Godown
Price
Bal Barati 80.00 1500
English
Yuvak Barati 75.00 1000
School Patna City
Algebra 65.00 1000
Maths Geometry 55.00 1500
Basic 85.00 1100
Accounts
Final 90.00 1000
College Patna
Arithmatic 45.00 1400
Maths
Statistics 35.00 1300

6. Purchase goods to the following parties with discount-

Bill no. Party name Stock item Godown Qty Rate T.D%
Bal Barati Patna City 200 80.00
OM 011 Balaji store 6%
Arithmatic Patna 150 45.00
OM 012 Anand store Yuvak Barati Patna City 220 75.00 5%
OM 013 Saraswati store Algebra Patna City 200 65.00 4%
Geometry Patna City 150 55.00
OM 014 Azim’s store 6.5%
Statistics Patna 180 35.00
7. Sold goods to the following parties with Cash discount-
Bill no. Party name Stock item Godown Qty Rate C.D%

Ganesh Book Bal Barati Patna City 400 92.00

OM 021 4%
store Arithmatic Patna 650 56.00
OM 022 Anshu store Yuvak Barati Patna City 620 88.00 4%
OM 023 Saras Book Basic Patna 300 112.00 6%
Store
OM 024 Uma Book store Geometry Patna City 450 62.00 4.5%
 Statistics Patna 580 48.00
8. Paid amount to parties against purchase-
Party name Mode of Payment Cheque Number Amount

Balaji store Cash --------- 25,000.00

Azim’s Store SBI A/c 450729 28,000.00
Anand store SBI A/c 120035 26,000.00
Saraswati store HDFC 458200 23,000.00

9. Received payment from parties-

Party name Mode of Payment Cheque Number Amount

Ganesh Book store Cash --------- 15,000.00

Anshu store SBI A/c 456789 18,000.00
Saras Book Store Cash --------- 21,000.00
Uma Book store HDFC 556230 14,000.00

TALLY PROFESSIONAL ASSIGNMENTS

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 vTally Assignment No.- 26

1. Record the opening balance of following terms-

Capital =Rs. 14, 00,000, Cash = Rs. 7, 50,000, SBI = Rs. 2, 50,000, Axis Bank = Rs. 1, 80,000

Furniture = Rs. 48,000, Computer (HP Professional) = Rs. 63,000.

2. Paid the following expenses from Petty cash.

Rent = Rs. 2,000, Electricity bills = Rs. 1,000, License Fees and Municipal Taxes = Rs. 1,400.

3. Amount collected from the following parties and deposited in Axis Bank Ltd.
Sl. No. Customer’s Name State Amount Bill Type

1. Adarsh Pvt. Ltd. Bihar 15,000 Adv.

2. Chitra and Co. U.P 14,000 Adv.

3. Arsh Computers Assam 14,500 Adv.

4. Rony Computers Shop Delhi 15,000 Adv.

4. Paid the following expenses through cash.

Advertisement Expense = Rs. 3,500.
Sales Promotion Expenses = Rs. 3,000.
Entertainment Expenses = Rs. 2,500.
Exhibition Expenses = Rs. 4,000.
Incentives to Staffs = Rs. 1,000.
5. Deposited cash in ICICI Bank Rs. 25,000.
6. Purchased the following with GST from Intel Solution (Bihar, GSTIN:- 10ASDGF4561A1Z8)
 Stock Group Stock Item Qty. Rate HSN Code GST Rate

Intel Motherboard 5 Nos. 5,000 4602 12%

Mother Board
MB Asus M2N-SLI 8 Nos. 7,000 4602 12%

RAM 1GB 12 Nos. 1,200 4801 12%

RAM RAM 2GB 16 Nos. 2,100 4801 12%

RAM 4GB 12 Nos. 3,800 4801 12%

Mouse – I ball 25 Nos. 210 6302 5%

Mouse
Mouse – Logitech 25 Nos. 230 6302 5%

DVD Drive Samsung 8 Nos. 1200 7443 28%

DVD Drivers
DVD Drive LG 10 Nos. 1400 7443 28%

Assembled with 1GB RAM 5 Nos. 18,900 7541 18%

Desktop PC
Assembled with 2GB RAM 6 Nos. 22,500 7541 18%

Printer Epson LG 1024 9 Nos. 17,500 7812 28%

Printer
Printer HP Laser Jet 12 Nos. 18,300 7812 28%

7. Purchased the following items with IGST from Sarala &Co (State: - Odisha, GSTIN: -
21AAAAE1234A1Z1).
a. UPS APC 15 Nos. @ 1,500/nos. GST @12%, (HSN: - 5832) with 2 Nos. Extra or free quantity.
b. UPS Luminous 15 Nos. @ 1,250/nos., GST@12%, (HSN: - 5832) with T.D@3%.
8. Purchased the following items with IGST from Kanchan & Com. (State: - Odisha, GSTIN: -
21AERGF4561Q1ZK) and also discount allowed by him Rs. 5000.
a. Laptop HCL MiLeap 10 Nos. @ Rs. 40,000/nos., GST@18%, (HSN: - 7745).
b. Laptop HCL MiLeap X 10 Nos. @ Rs. 28,000/nos., GST@18%, (HSN: - 7745).
c. Laptop HCL MiLeap Y 10 Nos. @ Rs. 32,000/nos., GST@18%, (HSN: - 7745).
TALLY PROFESSIONAL ASSIGNMENTS
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9. Paid the following expenses of Delhi branch office-

a. Repairs and Maintenance Rs. 450.
b. Rent paid Rs. 5,000.
c. Legal Charges Rs. 580.
d. Insurance Premiums Rs.1500.
e. Warehousing Expenses Rs. 2,500.
f. Professional fees Rs. 1,800.
10. Transfer Rs. 5000 from cash to Petty cash and withdrawn cash from business Rs. 45,000 for personal use.
11. Paid cheque of SBI Rs. 1, 00,000 to Kanchan & Com. Against purchase.
12. Take a backup of your company.
13. Export the purchase register and stock summary report in excel format.
14. Paid cheque of Axis bank to Intel solution Rs. 90,000.
15. Returned 2 Nos. UPS Luminous with GST to Sarala & Co. Against purchase.
16. Sold the following items to Sanjay Traders (State: - Bihar, GSTIN: - 10FCVSB4562A1Z5) with discount.

Stock Item Qty. Rate GST Rate Discount

 Intel Motherboard 3 Nos. 5,800 12% 2%
MB Asus M2N-SLI 3 Nos. 7,400 12% 2%
RAM 1GB 3 Nos. 1,400 12% 1%
RAM 2GB 5 Nos. 2,300 12% 1%
RAM 4GB 5 Nos. 4,100 12% 1.5%
Mouse – I ball 10 Nos. 230 5% 1.5%
Mouse – Logitech 10 Nos. 260 5% 1.5%
DVD Drive Samsung 2 Nos. 1360 28% 2%
DVD Drive LG 2 Nos. 1550 28% 2%
Assembled with 1GB RAM 2 Nos. 19,900 18% 0
Assembled with 2GB RAM 2 Nos. 23,600 18% 0
Printer Epson LG 1024 3 Nos. 19,500 28% 0

17. Withdrawn cash from SBI Rs. 30,000, Purchase printing & stationary Rs. 6,500 and withdrawn cash from
business for personal use Rs. 18,000.
18. Sold Laptop HCL MiLeap8 Nos. @ Rs. 44,000/nos., GST@18% to Chitra and Co.(State: - U.P, GSTIN: -
15QAGHU1245A1ZA).
19. Sold the following goods with inclusive GST to Adarsh Pvt. Ltd.(State: - Bihar, GSTIN: -
10BNHGK1204A1Z5).
Stock Item Qty. Rate (Inclusive) GST Rate

Laptop HCL MiLeap Y 5 Nos. 38,000 18%

UPS Luminous 3 Nos. 1,500 12%

MB Asus M2N-SLI 2 Nos. 8,000 12%
Printer Epson LG 1024 3 Nos. 22,000 28%

UPS APC 5 Nos. 1,800 12%

Printer HP Laser Jet 4 Nos. 21,000 28%
Mouse – Logitech 5 Nos. 350 5%

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20. Paid the following expenses through cash-

a. Assemble Charges = Rs. 750.
b. Printing & Stationary = Rs. 400.
c. Interest on Loan = Rs. 2800.
d. Courier Charges = Rs. 450.
e. Conveyance = Rs. 350.
f. Bank Charges = Rs. 800.
21. Purchase the following with GST from Radiant Techno Ltd. (State: - Bihar, GSTIN: -
10WERTU7844R1ZK).
a. Processor Intel Core 2 Quad Q6700 (HSN: - 4450) 10 Nos. @ 10,800/nos., GST@18%.
b. Processor Intel Core 2 Quad Q9300 (HSN: - 4450) 10 Nos. @ 11,500/nos., GST@18%.
22. Chitra & Co. Returned 1 Nos. Laptop HCL MiLeap due to damage in nature against sales.
23. Received cash from Adarsh Pvt. Ltd. Rs. 2, 00,000 against sales.
24. Take a backup of your company.
25. Record the following statement of stock items-
Stock Groups Stock Item Qty. Rate GST Rate HSN Code

Tally.ERP 9 Silver 18 Nos. 16,500 18% 8320

Tally.ERP 9 Gold 15 Nos. 48,000 18% 8320

Softwares Windows 2007 10 Nos. 7,200 18% 8455

Windows 2008 8 Nos. 8,400 18% 8455

Windows 2010 18 Nos. 9,000 18% 8455

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 Tally Assignment No.- 27

1. Open a new company with Tally vault password.

2. Apply the process of back-up.
3. Pass the transactions-
a. Commenced a new business Rs. 1, 00,000.
b. Purchased furniture Rs. 20,000.
c. Deposited cash into SBI Rs. 30,000.
d. Purchased goods in Cash Rs. 40,000.
e. Sold goods in cash Rs. 50,000.
4. Change the vault password of previous company.
5. Take a back up of company.
6. Delete the first company.
7. Export the balance sheet in Excel spreadsheet format.
8. Export the Daybook in JPEG format.
9. Remove the tally vault password.

 Tally Assignment No.- 28

1. Open a new Company.

2. Purchased the following stocks form Sudip Traders-
a. 20 Pcs Hard Disk (1 TB) @ 4,500/Pcs
b. 50 Pcs Mother board (Intel) @ 3,200/Pcs
3. Sold 15 Pcs Hard Disk (1 TB) @4900/Pcs to Shivam InfoTech .
4. Sold 30 pcs Mother board (Intel) @ 3,800/pcs to Jagdish Computer Store.
5. Received cash from Shivam Infotech . Rs. 70,000
6. Return 5 pcs Mother board (INTEL) @ 3,800 /pcs from Jagdish Computer Store , against
sales.
7. Paid cash to sudip Traders Rs. 70,000 .
8. Returned 5 pcs Motherboard (INTEL) @ 3,200/pcs to Sudip Traders against purchases.
9. Received cheque of SBI Rs. 90,000 from Jagdish computer store.
10. Transfer cash from SBI to HDFC Rs. 90,000.
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 Tally Assignment No.- 29

1. Open a new Company.
2. Record the opening balance of Stock items and cash balance Rs.50,000.
Sl.No. Stock Item Qty Rate GST Rate
1. High capacity Stabilizers 82 1450.00 18%

2. Low Capacity Stabilizers 22 1150.00 18%

3. Electric Heater 73 1290.00 18%

4. LED Lamps 42 135.00 12%

3. Prepared the sales voucher for both parties-

Sales Details
Name of Items Billed Actual Rate Value GST Total Amount.
Qty. Qty. Rate

Party Name :- Alfatech Traders State :- Bihar Mode :- Credit

High capacity Stabilizers 20 22 1750.00 18%

Low Capacity Stabilizers 5 6 1450.00 18%

Electric Heater 30 32 1400.00 18%

LED Lamps 15 16 180.00 12%

Gross Total

Party Name :- Mahesh Electronics State :- Bihar Mode :- Credit

High capacity Stabilizers 30 31 1650.00 18%

Electric Heater 25 26 1400.00 18%

LED Lamps 12 14 185.00 12%

Gross Total

4. Purchased 50 nos LED Bulb @160/nos and received 2 nos LED TUBE Light as a gift from Deepak
Electronics.
5. Paid cash to Deepak Electronics.
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 Tally Assignment No.- 30

2. Open a new company.

3. Enable “Batch Wise Details” for stock.
4. Record the following transactions-
a. Started a new business of medicine distribution with capital Rs. 10,00,000.
b. Purchased furniture Rs. 80.000, computer Rs. 40,000 and printer Rs. 20,000.
c. Deposited cash into Axis Bank Rs. 2,00,000.
5. Purchased the following items from Sanjay Pharma-
Stock Group Stock Item Batch No. Mfg. Dt. Exp. Dt. Qty. Free Rate

Zelita-7 ZSS1012 04/19 09/20 90 Strps 9 Strps 51.56

Tablets Zincovit 50 mg ZVT0054 03/19 12/20 50 Strps 5 Strps 69.85
P-500 Tab. 1154076 04/19 01/21 40 Strps 4 Strps 9.22
P-250 Suspension 60ml PTS2001 03/19 04/20 75 Pcs 0 28.18
P-125 Suspension 60ml PHS2006 02/19 05/20 75 Pcs 0 22.60
Liquid/Syrup
Zincovit 100ml ZVS1154 04/19 08/20 100 Pcs 0 98.80
Zincofer 100ml ZNF0068 02/19 09/20 100 Pcs 0 88.70

6. Purchased 50 Strps Brufen 400mg Tab @11.56/Strp

(Batch :- BFN0921, Mfg dt.:- 05/19, Exp dt.:- 06/21) in cash with the scheme of 10+1.

7. Sold 25 pcs P-250 Suspension 60ml @31.50/pcs and 25 pcs P-125 Suspension 60ml @25.85/pcs in cash.
8. Purchased 30Strps Zincovit 50mg Tab @ 69.85/Strp
(Batch :- ZVT0055, Mfg dt.:- 05/19, Exp dt.:- 08/20) in cash with the scheme of 10+1.

9. Sold 70Strps Zincovit 50mg Tab from different batches in cash.

a. ZVT0054 = 50 Strps
b. ZVT0055 = 20 Strps @ 74.60/Strp with 10+1 scheme.
10. Purchased 40pcs Acnovate Gel 20gm @68.40/pcs
(Batch :- AVT2302, Mfg dt.:- 07/19, Exp dt.:- 05/21) in cash.

11. Returned 20pcs Zincofer 100ml to Sanjay Pharma due to breakage or damage.
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 Tally Assignment No.- 31

1. Create a new company.
2. Reyan Enterprises furnishes the following details –
a. On 01-04-2020, The company purchased items for cash

Products Batch no. Mfg. Date Expiry date Qty. Free qty. Rate.

Parle-G 101 1-03-2019 1-06-2020 100 Pkt. 5 Pkt. 5.00

Good day 102 1-02-2019 1-04-2020 75 Pkt. 3 Pkt. 10.00

Good day 102 A 1-04-2019 1-07-2020 75 Pkt. 3 Pkt. 10.00

Britannia 103 1-03-2019 1-08-2020 80 Pkt. 4 Pkt. 25.00

Hide & seek 104 1-01-2019 1-10-2020 50 Pkt. 2 Pkt. 20.00

50-50 105 1-02-2019 1-04-2020 80 Pkt. 3 Pkt. 10.00

Marie gold 106 1-04-2019 1-09-2020 70 Pkt. 2 Pkt. 28.00

b. Sold the following goods in cash.

Products Batch no. Qty. Free Qty. Disc % Rate

Parle-G 101 80 Pkt. 4 Pkt. 1% 7.00

Good day 102 75 Pkt. 3 Pkt. 0 12.00

Good day 102 A 25 Pkt. 1 Pkt. 0 12.00

50 – 50 105 80 Pkt. 1 Pkt. 1.5% 12.00

Marie gold 106 50 Pkt. 0 1% 30.00

c. Paid salary Rs.4000.

d. Paid light electricity bill Rs.1000.
e. Paid transportation expenses Rs.400.
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 Tally Assignment No.- 32

1. Create a new company in Tally.

2. Enable Payroll, Cost Centres and Cost category option in your company.
3. Created ledger accounts with opening balance (Capital = Rs. 5,00,000, SBI = Rs. 2,00,000, Cash = Rs.
2,50,000 and furniture = Rs. 40,000).
4. Appoints two new employees in different departments on 01-05-2021.
(Suman Thakur as a Senior Head Manager and Kunal Singh as Marketing Head).
5. Record the details of new employees-
Employee Details
Employee Name Suman Thakur Kunal Singh Harsh Kumar
Emp Code SHM/036/19 MH/042/19 ACCT/033/19
Under/Dept. Admin. Marketing Accounts
Designation Sr. Head Manager Marketing Head Sr. Accountant
Date of Join 01-05-2019 01-05-2019 01-05-2019
Function Managing Planning Reporting
Location Patna Patna Patna
Bank Name ICICI Bank Axis Bank SBI Bank
Account Number 4432350098 9801156124 89076890656
Branch Name Boring Road Nayatola Nayatola

6. Record the following statement of payheads-

Payhead Details
Employee Name Suman Thakur Kunal Singh Harsh Kumar
Basic Salary 18,000 16,000 14,000
Dearness Allowance 12% on Basic 12% on Basic --------------
House Rental Allowance 40% on Basic ---------------- --------------
Provident Fund 12% on Basic 12% on Basic 12% on Basic
Employee State Insurance 0.75% on Gross 0.75% on Gross 0.75% on Gross
Overtime 600/Hr. 500/Hr. 500/Hr.

7. Record the attendance & production details-

Attendance & Production Details

Employee Name Suman Thakur Kunal Singh Harsh Kumar
Casual Leave 2 Days 1 Day 0
Sick leave 0 1 Day 1
 Absent 0 1 Day 1
Overtime 12 Hrs. 6 Hrs. 18 Hrs.

8. Prepare the attendance sheet for the month of May on 31-05-2021.

9. Prepare the payroll register on dated 31-05-2021.
10. Paid salaries to both employees on dated 31-05-2021.
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 Tally Assignment No.- 33

1. Company has opening cash balance Rs. 1,00,000.
2. Opening balance for SBI Rs. 35,000 and Axis Bank Rs.18,000.
3. Mr. Rajeev is the owner of the company his opening capital Rs. 2,00,000.
4. Opening balances of previous year---
a. Vikash Traders = Rs. 75,000/-
b. Harish Chandra Company = Rs. 75,000/-
5. Paid for fuel & gas charges Rs. 500.
6. Purchase chairs in cash Rs. 3000.
7. Received cash from Harish Chandra Com. Rs. 25,000.
8. Paid freight charges Rs. 300.
9. Paid to Vivek as wages Rs. 2,500.
10. Paid salary to worker Rs.25,000.
11. Purchase shares of Tata Groups of Rs. 1,60,000.
12. Paid building rent Rs. 35,000 in Cash .
13. Sales shares of Tata Groups Rs. 56,000.
14. Paid mobile bill of Rs. 1,250 in cash.
15. Paid water bill Rs. 750 and Electricity bill Rs.4500.
16. Received cash from Vikash Traders Rs.50,000.

****************************************

 Tally Assignment No.- 34

1. Started business with Capital Rs. 6,00,000.
2. Deposited cash into HDFC Rs.1,00,000 and SBI Rs.50,000.
3. Purchased Plant & Machinery Rs.50, 000.
4. Purchased 20 Pcs HCL Laptop @ 25,000 per pcs from Sanjay Computers and he gives 5 Pcs DVD Bags as a
gift.
5. Appoint a new employee in the department of marketing for position of Senior Head on dated
01-04-2021 (Employee Name- Rishikesh Kumar) .
6. Sold 10 Pcs HCL Laptop @. 32,000 per pcs in cash and discount allowed Rs. 5,000.
7. Paid wages Rs.2,000, Carriage charges Rs. 1,000 and electricity bill Rs. 2,500.
8. Record the statement of attendance for employee on dated 01-05-2021, with following components-
(Absent = 2days).
9. Paid cash to Sanjay computers Rs. 2, 00,000.
10. Record the statement of Salary or Payroll on dated 01-05-2021 with following pay heads.
(Basic Salary = 24,000 per month, PF = 12%, ESI = 0.75%) and compute the total salary.
11. Sold 7 Pcs HCL Laptop @ 30,000 per pcs to Kartik Computers with trade discount @4% and gives 3 pcs
DVD bags as a gift.
12. 2 Pcs HCL Laptop returned to Sanjay Computers against purchase.

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 Tally Assignment No.- 35

1. Create a new company with GST enabled:-

2. Started business with capital Rs 8,00,000.
3. Deposited cash into SBI Rs 1,00,000
4. Purchased Computer Rs 28,000, Furniture Rs 40,000 and Equipment Rs 35,000.
5. Purchased the following computer accessories from D.K.Computers with GST rate------
a. 10 pcs laptop (LG) @ 3,400/pcs with GST @ 18%
b. 10pcs Hard Drive (1TB) @ 4,000/pcs with GST @ 18%
c. 10pcs Pen Drive (16GB) @ 380/pcs with GST @18%
d. 10pcs (LED) Monitor 32inch @ 24,000/pcs with GST @ 28%
6. Paid wages Rs 4,000 and carriage on purchase Rs 2,000.
7. Purchase 2pcs Mobile handset @ 14,500/pcs for office purpose.
8. Appoint a new employee in the department of Cashier for the position of Head Cashier on dated
01-05-2021 (Name:- Manish Dinker).
9. Withdrawn cash from business Rs 20,000 for personal use and paid repairing chargesRs 2,000.
10. Sold 5pcs Hard Drive (1TB) @ 4,800/pcs with GST @ 18% and 3pcs (LED) Monitor 32inch@ 29,000/pcs
with GST @ 28% to Royal Computer Store.
11. Return 2pcs Pen Drive (16GB) @ 380/pcs to D.K computer with GST @ 18%.
12. Record the statement of attendance for new employee on dated 31-05-2021(Casual Leave = 2 days,
Overtime = 8 Hrs.).
13. Received cash from Royal Computer Store Rs 40,000.
14. Paid cash D.K computer Rs1,00,000.
15. Returned 1pcs Hard Drive (1TB) @ 4,800/pcs from Royal computer store with GST @ 18%.
16. Withdraw cash from SBI Rs40,000 and paid office Rent Rs 15,000.
17. Record the statement of Payroll on dated 31-05-2021 with following pay heads (Basic Salary = 18,000, HRA
= 40%, PF = 12%, ESI = 0.75%, Overtime = 350 Hrs.) and compute the total salary.
18. Sold 6pcs(LED) Monitor 32inc @31,000/pcs with IGST @ 28% and 8pcs laptop (LG) @37,000/pcs with
IGST @ 18%to Mallick Computers (W.B)and you allowed trade discount @5% on both items.
19. Received cash from Mallick ComputersRs 2,00,000 and carriage on sales Rs. 3,000.
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 Tally Assignment No.- 36

1. Create a new company with financial year 01-04-2021.

2. Journalize the following transactions:-
a. Started business with capital Rs. 10, 00,000 on dated 01-04-21.
b. Deposited cash into SBI Rs. 2, 00,000 and HDFC Rs. 80,000 on dated 01-04-21.
c. Purchased Plant & machinery Rs. 60,000 from Raju Traders and factory expenses Rs. 4,000 on
dated01-04-21.
d. Paid manufacturing expenses Rs. 5,000 and freight charge Rs. 1,000 on dated 01-04-21.
e. Received interest from SBI Rs. 4,200 and paid office repairing charge Rs. 4,500 on dated 01-04-21.
f. Opened a new account in ICICI Rs. 80,000 on dated 01-04-21.
g. Withdrawn cash from business Rs. 35,000 for personal use and paid donation to charity Rs. 6,000 on
dated 01-04-21.
h. Paid entertainment allowances Rs. 30,000 to staffs and refreshment expenses Rs. 12,000 on
dated01-04-21.
i. Withdrawn cash from HDFC Rs. 20,000 and paid bank charge Rs. 3,000 on dated 01-04-21.
j. Purchased furniture & fitting Rs. 40,000 from Vimal furniture store on dated 01-04-21.
3. Record the following statement of Stock item.
Item Group Item Name Qty. Rate Godown
Reynolds 100 Pcs. 65.00
Pen Parker 125 Pcs. 160.00 Patna
Pilot 108 Pcs. 60.00
Camel 400 Pcs. 160.00
Geometry Box Classmate 100 Pcs. 220.00 Patna City
Apsara 500 Pcs. 130.00
4. The list of company’s debtors and creditors is as follows—
Debtors Name Balance Due Creditors Name Balance Payable
Priyanka Stationeries 4500.00 Anmol Traders 12500.00
Vartika General Store 8900.00 Siddhartha Traders 5800.00
Vansh Stationeries 5200.00 Harsit Enterprises 13050.00
5. Purchased 150 Pcs classmate@ 220.00/pcs from Harsit Enterprises with discount @ 3% (Bill- HSE/002)
on dated 02-04-21.
6. Purchased 200Pcs White Board (6x4”) @ 750.00/pcs (Group- Board) and 100 Pcs Camelin Marker @
18.00/pcs (Group – Marker) from Siddhartha Traders with discount @ 4% and stored in Patna City location
(Bill- SDT/003) on dated 02-04-21 included with carriage Rs. 200.
7. Sold 250pcs Apsara@ 160.00/pcs to Vartika General Store with discount @5% on dated 02-04-21.
8. Returned 20Pcs Camelin Marker @18.00/pcs to Siddhartha Traders against (Bill-SDT/003) due to bad
quality on dated 02-04-21 (Ref-DN/SDT/001).
9. Sold the goods from Vansh Stationeries on dated 02-04-21.
a. Camel 100 Pcs.@ 170/pcs.
b. Reynolds 60 Pcs. @ 68.00/pcs with discount @4% and carriage Rs. 300.
10. Returned 5Pcs Reynolds @68.00/pcs from Vansh stationeries on 02-04-21 (Bill – CN/VNE/002).
11. Paid wages Rs. 5,000, Salaries to staffs Rs. 45,000, Office Rent Rs. 12,000, Commission allowed to agents
Rs. 4,000 and transferred cash SBI to HDFC Rs. 30,000 on dated 02-04-21.
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 Tally Assignment No.- 37

 Prepare the inventory statement in your company.

Item Group Item Name Unit Location Qty. Rate

Sony Blue Ray Player Nos. Patna, Boring Road

8 25,000
Sony 5.1 Music System Nos. Patna, Boring Road
Music System 6 15,000
Nos. Patna, Boring Road
Philips DVD player 12 20,000
Pcs. Patna, Exhibition Road
Sony 32 Inch T.V 8 25,000
Pcs. Patna, Exhibition Road
LG 32 Inch T.V 9 20,000
Television
Pcs. Patna, Exhibition Road
MI 32 Inch T.V 10 15000
Pcs. Patna, Exhibition Road
MI 42 Inch T.V 7 20000

 Prepared the statement of stock item in your company with standard rate and stored in Patna, Boring
Road.

Group Item Name Units Purchase Price Sales Price Qty.

Computers Assembled P8 Nos. 16,000.00 21,000.00 5
Computers Assembled P7 Nos. 15,000.00 20,000.00 6
Computers Assembled Quad Core Nos. 17,000.00 20,000.00 4
Accessories RAM (2GB) Pcs. 1,450.00 1,600.00 18
Accessories DVD ROM Disks Pcs. 18.00 25.00 40
Accessories CD ROM Disks Pcs. 12.00 15.00 36
Accessories Hard Disk (1TB) Pcs. 3,800.00 4,200.00 15
Printer HP-27 Nos. 13,000.00 15,000.00 8
Printer HP-28 Nos. 15,200.00 18,000.00 7
Printer HP Laser Jet 1010 Nos. 7,800.00 9,600.00 6
IBM IBM Celeron Nos. 18,000.00 23,000.00 13
IBM IBM PIV Nos. 19,000.00 24,000.00 4
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 Tally Assignment No.- 38

1. Open a new company.
2. Identify the nature of group and placed the components under right reports.
Trading Profit & Balance
Sl.No. Ledger Accounts Group or Under Sheet
A/c Loss A/c
1. Factory Expenses
2. Legal Charges
3. Postage & Telegrams
4. Godown Rent
5. Bills Receivable
6. Land & Building
7. Fixed Deposits
8. Productive Wages
9. Purchase Return
10. Rent received
11. Subscription Charges
12. Bank Overdraft
13. Sales Tax
14. Interest on drawings
15. Commission Received
16. Closing Stock
17. Prepaid Expenses
18. Loss by Fire
19. Copyrights
20. Debtors
21. Drawing
22. Free Samples
23. Repairs & Renewals
24. Bank Charges
25. Coffee Machine
26. Interest on Loan
27. Interest on Capital
28. Coal and Fuel
 29. Carriage Inward
30. Sales
31. Salaries & Wages
32. Establishment Exp.
33. Bills Payable
34. Wages & Salaries
35. Outstanding Expenses
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 Tally Assignment No.-39

1. Open a new company.

2. Record the following transactions in voucher mode.

a. Purchased from Nibha & Co. for Rs. 75,000, Bill no.- P/65, Due date -15 days.

b. Credit sales to Ravi Traders Rs. 60,000, Bill No.- S/120, Due date -21 days.

c. Received cash from Ravi Traders Rs. 40,000 against bill no.- S/120.

d. Advance cash received from Rishav traders Rs. 20,000 for future sales, bill no.- Adv/102, due date – 30
days.

e. Paid cash to Nibha & Co. Rs. 50,000 against bill no.- P/65.

f. Credit sales to Rishav Traders Rs. 90,000 bill no.- S/126 (Adjust advance Rs. 20,000 in bill).

g. Received cash from Ravi Traders Rs. 20,000 against bill no.- S/120.

h. Received cash from Rishav Traders Rs. 60,000 against bill no.- S/126.

i. Paid advance cash to Nayan traders Rs. 30,000 for future purchase bill no.- Adv/114, due date -21 days.

j. Paid cash to Nibha & Co. Rs. 20,000 against bill no. P/65.

k. Purchased from Nayan Traders Rs. 50,000 bill no.- P/70 (Adjust advance Rs. 30,000 in bill).

 ERP Assignment No.-40

1. Open company “Khanna & Sons”.

2. Record the following transactions.

a. Purchased 50mtr Triplex Wire @ 22/mtr and 20 pkt SPST Switch @ 210/pkt from Ajay & Co. (Bill:-
AJ/93/748).
b. Purchased 250mtr Panel Feeder Wire@28/mtr and 15 pcs Wall Light @ 360/pcs from Ganesh Brothers
(Bill:- GN/94/752).

c. Sold 10pcs Night Lamp@1200/pcs and 10pcs Spot Light@2,600/pcs to S.K & Sons (Bill:- SK/52/120) with

discount@2%.

d. Sold 12pkt SPST Switch @228/pkt and Panel Feeder Wire 200mtr@30/mtr to Kamal Traders (Bill:-
KT/48/226).

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e. Returned 20mtr Panel Feeder Wire @28/mtr to Ganesh Brothers against bill no. GN/94/752.

f. Paid cash to Ajay & Co. Rs. 25,000.

g. Purchased Spot light 10pcs @ 2,400/pcs and Night Lamp 15 pcs @ 1100/pcs in cash (Bill:- CSH/004).

h. Returned 5pcs Spot Light @2,600/pcs from S.K & Sons due to defect against bill SK/52/120.

i. Sold 10pcs Wall light @390/pcs in cash (Bill:- CSH/008).

j. Deposited cash into SBI Rs. 4,000.

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 ERP Assignment No.-41

1. Open company “Gupta& Sons”. Opening balance of Cash - 70,000 & PNB - 2,00,000

2. Company hire a godown for rent Rs. 1,80,000 from Kailash Infra Pvt. Ltd.. Kailash Infra is an Individual

person, deduct the TDS @15%.

3. Deduct the TDS amount from Kailash Infra Pvt. Ltd.

4. Paid the TDS through PNB cheque no. 095056.

5. Paid balance amount to Kailash Infra Pvt. Ltd. Through PNB ch. No. 095057.

6. Paid Legal Expenses Rs. 6,000 against legal advice.

7. Purchased machinery Rs. 40,000.

 ERP Assignment No.-42

1. Open company “Mahesh& Sons”.

2. Purchased 20pcs LED Monitor 17” @4,000 (Tax rate 12%, HSN 0331) from D.K. Electronics (Bihar) with

GST@12%.

3. Purchased 15pcs LED Monitor 14” @3,200 (Tax Rate 12%, HSN 0332) from M.N. Store (Delhi) with

GST@12%.

4. Sold 10pcs LED Monitor 17” @4,400 to Suman Infotech (U.P) with IGST@12% and discount@2%.

5. Sold 5 Pcs LED Monitor 17” @4,300 and 5Pcs LED Monitor 14” @3,500 to Vikash Electronics (Delhi) with

GST@12%.

6. Purchased 10pcs LED T.V 36” @12,000 (Tax rate 18%, HSN 0432) and 5pcs OLED T.V 54” @87,000 from

Manish Electronics (Delhi) with GST@18% and Carriage Rs. 2,200.

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 Tally Assignment No.-43

1. Open a new company with name “Trilok Infrastructure Pvt. Ltd.”.

2. Prepare the salary slip for following employees.

Emp. code Employee Name Department Post Basic Wages

026 Sagar Verma Sales Supervisor 12,500
027 Vikram Singh Storage Store Keeper 10,800
028 Gamesh Sinha Admin. Sr. Manager 16,000
029 Viraj Kumar Sales Manager 15,000
030 Pankaj Raj Purchase Supervisor 12,000
031 Sravan Naik Storage Worker 4,800
032 Pratik Mishra Purchase Supervisor 13,400
033 Krishna Kr. Sales Executive 11,000
034 Akash Bhaskar Admin Accountant 12,000
035 Ruhi Kri Canteen Worker 4,200
036 Prabhat Ranjan Storage Store Keeper 13,000
037 Tribhuwan Kr. Canteen Worker 4,500

3. Prepare the salary structure for employees on following method.

Salary Details
Earning Rate Deduction Rate
Basic 100% P.F 12%
D.A 17% ESI 0.75%
Conveyance 10% P.Tax 3.50%
H.R.A 40%

4. Prepare the payroll voucher for employees on dated 31-08-2021.

5. Paid wages to the workers on dated 31-08-2021.

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 Tally AssignmentNo:-44
1. Open a new company with financial year1-4-2021.
2. Kapil and Vineet were partners sharing profit & losses prepare the trading A/C,profit& loss A/C
and balance sheet at the year ended march31,2022.
Particulars Debit(Rs) Credit(Rs)
Kapil’s Capital 60,000
Vineet’s Capital 50,000
Kapil’s Drawings 12,000
Vineet’s Drawings 8,000
Stock as on 1-4-2019 11,000
Purchase 54,000
Sales 80,000
Purchase Return 1500
Sales Return 2,000
Wages 2,500
Salaries 4,000
Printing & stationery 500
Bills Receivable 12,000
Bills Payable 28,00
Debtors 36,000
Creditors 8,000
Discounts 1,200 4,500
Rent & Rates 800
Bad Debts 1,400
Insurance 400
Postage & Telegrams 300
Salesman’s commission 3,400
Land and Building 24,000
Plant & machinery 20,000
Furniture 13,500
Over draft 2600
Trade expenses 400
Cash-in-Hand 500
Cash-at-Bank 1500
Total 2,09,400 2,09,400

3. Prepare the final accounts for the year ended march31,2022.

a. Stock on march 31,2022 was Rs.18,000.
b. Goods worth Rs. 8,000 were destroyed byfire. Loss by fire dr. to pur.
c. Interest on capital is allowed at 6% perannum.
d. Interest on drawings is also charged at 6% perannum.
e. Charged depreciation on land and buildings at5%.
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 Tally AssignmentNo:-45

. Create a company in the name of “Raman Store” and enter the following data

1-4-2021, Loan taken from Utkarsh finance Ltd. Rs.5, 00,000.

2-4-2021, Started business with capital Rs. 8, 00,000

2-4-2021, Purchase Samsung A10 20 nos@8,500 and Samsung A20 30 nos@11,500 from Bhuvan Traders
(Bill no: Pur/005)
2-4-2021, Purchase Redmi pro7 40 nos @14800 and Samsung S10 20 nos@45,000 from Shivam enterprises
(Bill no: Pur/006)
2-4-2021, Deposited cash into HDFC Rs.2, 00,000

1-5-2021, Paid through HDFC Ch no:-124005 to Bhuvan Traders against (Bill no: Pur/005)Rs.1, 00,000

1-5-2021, Sold 15 nos Samsung A10 @9500 and Samsung A20 15 nos@12,500 to Jyoti Mobile Store with
T.D @3% (Bill no: Sale/002)
1-5-2021, Sold 10 nos Samsung S10 @ 54,000 to Jyoti Mobile Store (Bill no: Sale/003)

2-5-2021, Purchased 10 nos Samsung S10 @ 45,000 from Shivam Enterprises (Bill no: Pur/007)

2-5-2021, Paid through HDFC Ch no: 124006 to shivam enterprises against (Bill no: Pur/007)Rs.90, 000

2-5-2021, Paid cash Rs.2, 00,000 to shivam enterprises against (Bill no: Pur/006)

2-5-2021, Sold 28 nos Redmi pro7@16,500/- to Mahima Mobile Plaza with@ 4%(Bill no:Sale/004)

2-5-2021, Sold 10 nos Redmi pro7@16,000/- to D.K.Shop in cash (Bill no: Sale/005)

31-5-2021, Paid cash to Shivam Enterprises Rs. 4, 00,000 against (Bill no: Pur/007& Pur/006)

31-5-2021, Sold 10 nos Samsung S10@52,000 to Dinesh store through PNB cheque and deposited into
HDFC A/C (Bill no: Sale/006)
31-5-2021,Received cash from Jyoti Mobile Store Rs.7, 50,000 against (Bill no: Sale/002& Sale/003)

31-5-2021,Received cheque of Axis Rs4, 00,000 from Mahima Mobile Plaza and deposited into
HDFCA/C against (Bill no: Sale/004)
31-5-2021, Paid through HDFC Ch no:-124007 to BhuvanTraders Rs.3, 00,000 against (Bill no: Pur/005)

31-5-2021, Paid through HDFC Ch no: 124008 to shivam enterprises Rs 2, 00,000 against (Bill no: Pur/006)
  Tally AssignmentNo:-46
1. Identify the suitable place:-
Dr/Cr Particular Function Trading P&L Balance
key
A/c A/C sheet
Dr . Cr. Dr Cr. Liability Assets
.
Dr. Cash A/C
Cr. CapitalA/C

Dr . SBI A/C
Cr. Cash A/C

Dr. Cash A/C

Cr. SBI A/C

Dr. Krishna’s A/C

Cr. Sales A/C

Dr. Purchase A/C

Cr. Cash A/C

Dr. Wages A/C

Cr. Cash A/C

Dr. Bank Charges A/C

Cr. Cash A/C

Dr. Sales Return A/C

Cr. Krishna’s A/C

Dr. Interest on loan A/C

Cr. SBI A/C

Dr. Sohan’s A/C

Cr. Sales A/C

Dr. Bad Debts A/C

Cr. Sohan’sA/C

Dr. Pd in SBI A/C

Cr. SBI A/C

Dr. Cash A/C

Cr. Sohan’s A/C

Dr. Purchase A/C

Cr. Shyam’s A/C
Dr. Shyam’s A/C
Cr. Cash A/C
Cr . Discount Received A/C

Dr. Depreciation A/C

Cr. Furniture A/C

Dr. Salary Advance A/C

Cr. Cash A/C

Dr. Carriage inward A/C

Cr. Cash A/C

Dr. Rent A/C

Cr. Capital A/C

Dr. Repair & Maintenance A/C

Cr. Cash A/C

Dr. Fire Insurance premium A/C

Cr. SBI A/C

Dr. Machine A/C

Cr. SBI A/C

Dr. Cash A/C

Cr. Miscellaneous Exp. A/C

Dr. News Paper Bill A/C

Cr. Cash A/C

Dr. Staff Welfare A/C

Cr. Cash A/C

Dr. Cash A/C

Cr. Krishna’s A/C

Dr. Car A/c

Cr. Cash A/c

Dr. HDFC A/c

Cr. SBI A/c

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 Tally Assignment No.- 47

1. Create a newcompany(f.y-01-04-2021)
2. Pass the followingtransactions
a. Purchased goods for cash Rs.10,000
b. Purchased stationery Rs.500
c. Purchased furniture Rs.3,000
d. Sold goods for cash Rs.8,000
e. Sold goods to Govind Rs.3,000
f. Paid rent Rs.800
g. Sold goods to lalit Rs.2,000
h. Sold goods in cash Rs.50,000
i. Paid salary to staffs Rs.8,000
j. Paid commission Rs.1,000
3. Preparation of trading, Profit &loss A/C and Balance Sheet(with adjustment entries)
ACCOUNT NAME AMOUNT NATURE
Drawings 45,000 Dr.
Good will 90,000 Dr.
Building 60,000 Dr.
Machinery 40,000 Dr.
Bills Receivable 6,000 Dr.
Opening stock(1-4-2018) 40,000 Dr.
Purchase 51,000 Dr.
Wages 20,000 Dr.
Carriage outward 500 Dr.
Carriage inward 1000 Dr.
Salary 35,000 Dr.
Rent 5,000 Dr.
Discount paid 1100 Dr.
Repairing 2300 Dr.
Bank (SBI) 25,000 Dr.
Cash 1600 Dr.
Debtors 45,000 Dr.
Bad Debts 1200 Dr.
Furniture 6,000 Dr.
Advertisement 3500 Dr.
General expenses 450 Dr.
Capital 1,60,000 Cr.
Bills payable 35,000 Cr.
Creditors 70,000 Cr.
Purchase Return 2600 Cr.
Sales 2,18,000 Cr.
4. Adjustment entries at the ending ofyear
a. Closing stock Rs.35,000
b. Depreciation on machinery and furniture at10,000
c. Outstanding wages Rs.1500
d. Prepaid advertisement Rs.500
e. Interest on drawing @8%
5. Take a back-up of yourcompany.
6. Export the Balance Sheet and Profit & Loss A/C in excelformat.
 TALLY PROFESSIONAL ASSIGNMENTS
283
Prepared By: - Rakesh Roy (Accounts Professional)

 Tally Assignment No.- 48

Assignment 1:
Classification of GST rates of different Goods & Service
Items No tax (0%) 5% 12% 18% 28%
Jute
Newspaper
Coffee / Tea
Shampoo
Washing Machine
Motorcycles
Vegetables
Milk
Curd
Salt
Spices
Kerosene
Kites
Apparel above Rs 1000
Cheese
Ghee
Fruit juices
Bhujia
Ayurvedic medicines
Sewing machines
Cell phone
Ketchup & Sauces
Exercise books
Notebooks
Spectacles
Non- AC
Fertilizers
Biscuits
Pasta
Pastries and cakes
Jams
Mineral water
Steel
Products
Camera
Speakers & Monitors
Aluminum Foil
CCTV
Telecom services
Branded Garments
Smart phone

TALLY PROFESSIONAL ASSIGNMENTS

284
Prepared By: - Rakesh Roy (Accounts Professional)
  Tally Assignment No.- 49

1. Prepare a Journal Entry for Ram & Sons company :-

Date Transaction Amount
June 1 Paid cash to Sahil 11,300
And discount received from him 700
June 1 Received cash from Mahesh 7,700
And discount allowed to him 300
June 1 Purchased goods from Manoj 38,000
June 2 Goods returned to Manoj due to some defect 3000
June 2 Cash Sales 14,000
June 2 Sold goods to Rakesh @ 10% T.D 88,000
June 2 Purchase goods from Sonu @ 15 % T.D 90,000

2. Prepare a Journal Entry :-

Date Transaction Amount
Apr 1 Started a business with capital 10,50,000
Apr 2 Purchase Typewriter 10,000
Apr 2 Sold goods to Harsh 45,000
Apr 2 Harsh paid on account with full settlement 43,500
Apr 2 Purchase goods from krish associate @ 10% Trade discount 50,000
Apr 2 Paid wages 500
Apr 2 paid carriage charges 100

3. Prepare a Journal Entry :-

Date Transaction Amount
May 1 Purchase goods from Manohar Lal of the T.d 8 % 50,000
May 1 Purchased Laptop @ 5 % T.d 50,000
May 2 Sold goods to Pawan @ 7 % T.d 32,000
May 2 Paid salary 10,000
May 31 Paid rent 15,000
May 31 Withdraw money from business For personal use 7,000

4. Prepare a Journal Entry :-

Date Transaction Amount
July 1 Cash paid into bank 25,000
July 1 Goods purchased and payment made by cheque 15,000
 July 2 Cash Sales 40,000
And immediately deposit into bank 25,000
July 2 Cash withdrawn for private use 6,000
July 2 Withdrawn from bank for personal use 4,000
July 31 Withdrawn from bank 10,000
July 31 Paid salary 5,000
Paid wages 5,00
July 31 Received commission 1000

5. Prepare a Journal Entry :-

Date Transaction Amount
Aug 1 Bought goods from Nilesh For cash 50,000
And also paid carriage 2,000
Aug 1 Paid to Sita 9,650
And discount received 350
Aug 2 Purchased machinery by giving cheque 2,50,000
And paid for installation charge 25,000
Aug 2 Purchased for the construction of building
Bricks 1,50,000
Timber 1,00,000
Aug 2 Paid repairing charges for office furniture 2,500
Aug 31 Purchased an old machinery 1,00,000
Spent on carriage charges 5,000
And repairing charges 20,000

6. Prepare a Journal Entry :-

Date Transaction Amount
Sep 1 Purchase gods for cash 30,000
Sep 1 Purchased goods from Harsh 20,000
Sep 1 Purchased Furniture for cash 5,000
Sep 2 Paid cash to Harsh 15,000
Sep 2 Purchased goods from Ravi 7,000
Sep 2 Bought Machinery for cash 9,000
Sep 2 Paid Rent 500

7. Prepare a Journal Entry :-

Date Transaction Amount
Oct 1 Goods purchased from Mohan for cash 60,000
 Oct 1 Goods purchased from Ajay 1,30,000
Oct 2 Goods returned to Ajay 6,000
Oct 2 Goods sold to Rajiv 50,000
Oct 31 Rajeev returned goods to us 4,000
Oct 31 Purchase Machinery for cash 1,00,000

8. Prepare a Journal Entry :-

Date Transaction Amount
Nov 1 Sold goods to Pratap and T.D @ 10% 20,000
Nov 1 Pratap returned goods @ 10% 2,000
Nov 1 Received from Pratap with full settlement 16,000
Nov 2 Purchase Furniture for cash 13,000
Nov 2 Purchased goods from Sahdev T.D @ 12% 50,000
Nov 2 Returned goods to Sahdev @ 12% of T.D 4000
Nov 2 Sold goods to Aakriti 20,000
Nov 2 Sold goods to Shikha 32,000
Nov 2 Paid insurance premium 1,500
Nov 2 Received cash from Aakriti with full settlement 19,600
Nov 2 Paid insurance premium for proprietor 2,300
Nov 2 Paid advertisement 1,000
Paid salaries 12,000
Paid rent 1,500
Nov 2 Received commission 1,500

9. Pass the journal entry :-

Date Transaction Amount
Dec 1 Bought goods from Varsha at 15 % T.D 10,000
Dec 1 Paid cash to Varsha with full settlement 8160
Dec 2 Bought goods from cash @ 20 % T.D 50,000
Dec 2 Sold goods for cash @ 10 T.D and cash discount 3% 20,000
Dec 31 Purchase a laptop from Agrawal & Co. 45,000

10. Pass the journal entry :-

Date Transaction Amount
Jan 1 Purchased furniture 12,000
Jan 1 Purchased goods for cash 27,000
 Jan 2 Bought goods from Sachin 18,000
Jan 2 Paid to Sachin 18,000
Jan 2 Purchased goods from Kamal 6000
Jan 31 Paid rent for the office 2,000

11. Pass the journal entry :-

Date Transaction Amount
Feb 1 Purchased goods from Ram fo cash 50,000
Feb 1 Purchased goods from Anil 15,000
Feb 1 Returned goods to Anil 1,500
Feb 2 Sold gods to Charu 1,10,000
Feb 2 Charu returneds 15 % goods
Feb 2 Paid wages 2,000
Feb 2 Withdraw goods for domestic use

12. Pass the following Journal Entries :-

Date Transaction Amount
Mar 1 Sold goods for cash 15,000
Mar 1 Sold goods to varun 35,000
Mar 1 Received cash from varun 25,000
Mar 2 Received commission 800
Mar 2 Paid salary to Rakesh 1,500
Mar 2 Received cash from Varun 10,000
Mar 2 Withdraw cash for personal use 2,000
Mar 31 Paid wages 500
Mar 31 Paid electricity bill 2000
Mar 31 Paid telephone bill 5,000
Mar 31 Bought machinery for cash 20,000

TALLY PROFESSIONAL ASSIGNMENTS

287
Prepared By: - Rakesh Roy (Accounts Professional)
  Tally Assignment No.- 50
Enter the following transactions and prepare a Cash Book∶−

2021 (₹)
Commenced business with Cash 25,000
Bought goods for Cash 10,000
Paid Carriage 200
Sold goods for Cash 6,000
Received from Ram 1,000
Paid to Shiv Kumar 2,600
Cash Sales 8,400
Purchased furniture for cash for office 5,000
Paid for Advertisement 500
Purchased goods from Mahesh on credit 6,000
Paid to Mahesh 4,000
Paid Wages 400
Received for Commission 1,500
Withdrew for personal use 2,200
Paid salary 700

 Tally Assignment No.- 51

Enter the following transactions and prepare a Cash Book∶−

2021 (₹)
Balance of Cash in hand 50,000
Purchased goods for cash 22,000
Purchased goods 15,000
Purchased goods from Gopi 30,000
Purchased goods from Gopi for cash 10,000
Sold goods 20,000
Sold goods to Vishwakarma 45,000
Sold goods to Raghunandan for cash 18,000
Received commission 5,000
Paid Rent 10,000

 Tally Assignment No.- 52

Enter the following transactions and prepare a Cash Book∶−

2021 (₹)
Mr. Vipin commenced business with Cash 2,00,000
Opened a Bank Account and deposited 75,000
Purchased goods for Cash 30,000
Purchased goods 15,000
Purchased goods from Surya Kant 40,000
Paid to Surya Kant 38,800
Discount received 1,200
Paid Wages in Cash 22,500
Paid to casual labour 1,500
Sold goods to Dev Raj for Cash 80,000
Paid electricity bill in Cash 12,000
Withdrew Cash from Bank 40,000
 Received for Cash sales 5,000
Paid for miscellaneous expenses 500

TALLY PROFESSIONAL ASSIGNMENTS

289
Prepared By: - Rakesh Roy (Accounts Professional)

 Tally Assignment No.-53

1. Open a new company with name “ Kanika Paints”.

 (state:- Bihar, GSTIN:- 10BPRAC5499J3Z1)
2. Record the statement of opening stock items with GST rate.
Stock Group Stock Item M.R.P Qty. Rate GST Rate
Wall Putty (Token) 40Kg 1050.00 20 Bags 720.00 18%
Wall Putty (without Token) 40Kg 1050.00 20 Bags 670.00 18%
Wall Putty Wall Putty 20Kg 950.00 15 Bags 600.00 18%
Wall Putty 5Kg 650.00 16 Bags 345.00 18%

Acrylic Putty 20Kg 1210.00 24 Bags 884.00 18%

Acrylic Putty 10Kg 690.00 18 Bags 468.00 18%
Acrylic Putty 5Kg 395.00 15 Bags 250.00 18%

Acrylic Putty 2Kg 195.00 20 pkt. 130.00 18%

Cement Paint 750.00 28 Bags 370.00 28%
Decorative White Cement 50Kg 1080.00 25 Bags 750.00 28%
White Cement
Decorative White Cement 25Kg 600.00 20 Bags 400.00 28%
Decorative White Cement 05Kg 385.00 20 Bags 285.00 28%

Decorative White Cement 01Kg 112.00 15 Pkt. 85.00 28%

Red/Yellow/Black Oxide 01Kg 160.00 15 Pkt. 82.00 28%

Distemper 20Kg 1120.00 30 Bags 700.00 18%

Distemper
Distemper 10Kg 592.00 20 Bags 360.00 18%
Distemper 05Kg 320.00 12 Bags 200.00 18%

Distemper 01Kg 87.00 10 Pkt. 44.00 18%

Primer 20Ltr. 1780.00 20 Pcs. 1340.00 18%
Primers
Primer 10Ltr. 920.00 18 pcs. 650.00 18%
Primer 04Ltr. 424.00 26 Pcs. 300.00 18%
Primer 01Ltr. 128.00 30 Pcs. 95.00 18%

Emulsion Interior 20Ltr. 2860.00 10 Pcs. 1850.00 18%

Emulsion Interior 10Ltr. 1490.00 14 Pcs. 960.00 18%

Emulsion Interior 04Ltr. 675.00 15 pcs. 385.00 18%

Emulsion Interior 01Ltr. 175.00 18 Pcs. 105.00 18%
Emulsion Exterior 20Ltr. 3360.00 12 Pcs. 2100.00 18%

Emulsion Exterior 10Ltr. 1680.00 10 Pcs. 1105.00 18%

Emulsion Exterior 04Ltr. 720.00 15 Pcs. 450.00 18%
290
TALLY
EmulsionEmulsionPROFESSIONAL
Exterior 01Ltr. 192.00 ASSIGNMENTS
16 Pcs. 130.00 18%

Prepared By: - 20Ltr.

(G)Emulsion Interior Rakesh Roy (Accounts
5360.00 Professional)
08 Pcs. 3300.00 18%

(G)Emulsion Interior 10Ltr. 2725.00 12 pcs. 1670.00 18%

(G)Emulsion Interior 04Ltr. 1220.00 08 pcs. 750.00 18%

(G)Emulsion Interior 01Ltr. 320.00 12 pcs. 200.00 18%

(G)Emulsion Exterior 20Ltr. 5120.00 08 Pcs. 3200.00 18%
(G)Emulsion Exterior 10Ltr. 2672.00 15 Pcs. 1640.00 18%

(G)Emulsion Exterior 04Ltr. 1200.00 13 Pcs. 700.00 18%

(G)Emulsion Exterior 01Ltr. 320.00 11 Pcs. 185.00 18%

(D)Emulsion Interior 20Ltr. 7800.00 10 Pcs. 5300.00 18%

(D)Emulsion Interior 10Ltr. 4135.00 13 Pcs. 2750.00 18%
(D)Emulsion Interior 04Ltr. 1725.00 17 Pcs. 1150.00 18%

(D)Emulsion Interior 01Ltr. 450.00 08 Pcs. 300.00 18%

(D)Emulsion Exterior 20Ltr. 7350.00 05 Pcs. 5000.00 18%

(D)Emulsion Exterior 10Ltr. 3825.00 05 Pcs. 2550.00 18%

(D)Emulsion Exterior 04Ltr. 1650.00 08 Pcs. 1100.00 18%
(D)Emulsion Exterior 01Ltr. 412.00 11 pcs. 275.00 18%

White and Firoza 04Ltr. 840.00 09 Pcs. 640.00 18%

White and Firoza 01Ltr. 270.00 10 Pcs. 165.00 18%

Golden, Brown, Black 04Ltr. 820.00 10 Pcs. 620.00 18%

Premium
Golden, Brown, Black 01Ltr. 270.00 15 Pcs. 160.00 18%
Synthetic
Enamel Red, Orange, Green, Grey 820.00 13 Pcs. 620.00 18%
04Ltr.
Red, Orange, Green, Grey 270.00 13 Pcs. 160.00 18%
01Ltr.
Aluminium Paint 04Ltr. 835.00 08 Pcs. 535.00 18%

Red Oxide 01Ltr. 175.00 12 Pcs. 111.00 18%

Black Japan 01Ltr. 250.00 12 Pcs. 140.00 18%

Aluminium Paint 01Ltr. 225.00 10 Pcs. 140.00 18%

White Primer 04Ltr. 740.00 08 Pcs. 475.00 18%
 Primers White Primer 01Ltr. 215.00 06 Pcs. 122.00 18%
Pink Primer 01Ltr. 215.00 06 Pcs. 122.00 18%

3. Purchase following Paint Brush (Wooden) from manjeet Traders-

a. Brush 1 inch 25 Pcs. @ 30/pcs.
b. Brush 2 inch 30 Pcs. @ 55/pcs.
c. Brush 3 inch 30 Pcs. @ 75/pcs.
4. Sold the following items to Mohini Enterprises with inclusive GST-
a. Wall Putty 05Kg 8 Bags @ 650/Bag
b. Acrylic Putty 10Kg 5 Bags @ 690/Bag
c. Cement Paint 10 Bags @ 750/Bag
d. Distemper 10Kg 10 Bags @ 592/Bag
e. Primer 10Ltr. 5 Pcs @ 920/Pcs
f. Emulsion Interior 10Ltr. 5 Pcs @ 1490/pcs
g. (D)Emulsion Exterior 10Ltr. 3 Pcs @ 3825/pcs

TALLY PROFESSIONAL ASSIGNMENTS

291
Prepared By: - Rakesh Roy (Accounts Professional)

 Tally Assignment No.-54

1. Open a new company with name “ National Enterprises”.

(Financial Year :- 01-04-21)
2. Prepare following Trial Balance in your company and enter voucher entries for adjustments.

Particulars Debit Credit

Stock (opening) 20,000
Purchases 2,00,000
Salaries 20,000
Bank A/c (SBI) 20,000
Wages 10,000
Buildings 50,000
Sales 2,50,000
Capital 20,000
Loans 30,000
 Bank Overdraft 10,000
Rent Received 10,000

3,20,000 3,20,000

 Adjustment Entries:-
a. Closing stock (31-03-21) ₹ 15,000/-
b. Depreciation on buildings 15%
c. Outstanding salaries ₹ 500
d. Interest on capital 6%

Solution
Trail Balance :- 3,21,700
Gross Profit :- 35,000
Net Profit :- 15,800
Balance Sheet :- 77,500

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Prepared By: - Rakesh Roy (Accounts Professional)

 Tally Assignment No.-55

3. Open a new company with name “ Pratap Enterprises ”.

(Financial Year :- 01-04-21)
4. Prepare following Trial Balance and pass the entry of adjustments.

Particulars Debit Credit

 Stock (opening) 25,000
Purchase 2,75,000
Salaries 5,000
Furniture 1,00,000
H.D.F.C (Bank) 2,000
Land 50,000
Wages 15,000
Sales 3,20,000
Capital 42,000
Loans 20,000
Bank OD 50,000
Creditors 30,000
Bills Payable 10,000

Total 4,72,000 4,72,000

 Adjustment Entries:-
a. Closing stock (31-03-21) ₹ 6,500/-
b. Depreciation on furniture 18%
c. Outstanding wages ₹ 600
d. Interest on Capital 5%
e. Interest on Loan 8%
f. Prepaid Salaries ₹ 200

Solution
Trail Balance :- 4,76,300
Gross Profit :- 10,900
Net Loss :- 15,600
Balance Sheet :- 1,56,300
 TALLY PROFESSIONAL ASSIGNMENTS
293
Prepared By: - Rakesh Roy (Accounts Professional)

 Tally Assignment No.-56

 Record the following transactions of Mehak Enterprises for financial year 2021 - 2022
Apr. 1, Mr. Ramesh started business with Capital ₹ 20,000.
Apr. 2, Opened bank account in SBI with ₹ 15,000.
May 1, Purchased goods from Harish for ₹ 7000.
May 31, Sold goods on credit to Hitesh worth ₹ 1,500.
June 2, Purchased a printer for ₹ 2,000.
July 31, Purchased goods on cash for ₹ 1,000.
Aug. 31, Cash sales of goods to Surendra worth ₹ 1,000.
Sep. 2, Purchased machinery and paid by cheque of SBI ₹ 6,500 &₹ 200 spent on installation.
Oct. 31, Paid rent to Rahul ₹ 100.
Nov. 2, Paid salaries ₹ 150.
Dec. 31, Withdraw from business ₹ 500 for personal use.
Mar. 31, Interest received from SBI ₹ 50.

Answer:-
Trial Balance - 29,550/-
Gross Loss - 5,500/-
Net Loss - 5,700/-
Balance Sheet - 26,500/-
Profit & Loss A/c -
 TALLY PROFESSIONAL ASSIGNMENTS
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 Tally Assignment No.-57

 Record the following transactions of Arena Enterprises for the year 2020 - 2021
Apr. 1, Harish started business with Capital ₹ 10,000.
May 1, Bought furniture for ₹ 500 from Kunal Furniture Co.
May 31, Purchased goods for ₹ 3,000 from Ravikant Traders.
June 2, Purchased from Nayan & Co. ₹ 2,000.
July 31, Sold goods to Mr. Umesh for ₹ 10,500.
Aug 31, Paid salaries ₹ 1,000.
Nov. 2, Paid cash to Kunal Furniture Co. ₹ 500.
Dec. 31, Paid cash to Nayan & Co. ₹ 1,500 in full settlement of their dues ₹ 2,000.
Feb. 2, Received rent in cash ₹ 300.

Answer:-
Trial Balance - 24,300/-
Gross profit - 5,500/-
Net profit - 5,300/-
Balance Sheet - 18,300/-
Profit & Loss A/c -

 Tally Assignment No.-58

 Record the following transactions of Milan Traders & Co. for the year 2021 - 2022
June 1, Randhir commenced business with cash ₹ 20,000.
July 2, Purchased goods for cash ₹ 10,000.
July 31, Bought furniture ₹ 2,000.
Aug. 2, Deposited into Bank (HDFC) ₹ 5,000.
Sep. 3, Sold goods in cash ₹ 18,000.
Oct. 31, Withdrawn cash for personal use ₹ 500.
Nov. 1, paid commission to agents ₹ 200.
Dec. 2, Paid rent to landlord ₹ 200.
Jan. 31, Paid salaries ₹ 200.

Answer:-
Trial Balance - 38,000/-
Gross profit - 8,000/-
Net profit - 7,400/-
Balance Sheet - 26,900/-
Profit & Loss A/c -

TALLY PROFESSIONAL ASSIGNMENTS

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Prepared By: - Rakesh Roy (Accounts Professional)
 Tally Assignment No.-59

 Record the following transactions of Deepali Enterprises for the year 2021 - 2022
Apr. 1, Deepali started business with ₹ 1,00,000 by SBI cheque.
May 1, Withdraw cash from SBI ₹ 70,000.
June 2, Purchased goods for business ₹ 10,000.
Aug. 1, Bought goods ₹ 20,000 on credit from Ranjeet.
Sep. 1, Paid general expenses ₹ 5,000.
Oct. 1, Purchased machinery from Dinesh worth ₹ 30,000 & paid to him by SBI cheque.
Oct. 31, Sold goods for cash ₹ 50,000.
Nov. 1, Paid carriage inward ₹ 2,000.
Dec. 1, Paid for printing & stationary ₹ 1,000.
Dec. 2, Paid for wages ₹ 5,000.
Dec. 31, Paid insurance premium ₹ 3,000.
Jan. 2, Sold goods to Vedant & Co. on credit ₹ 50,000.
Jan. 31, Paid salaries ₹ 2,000.
Feb. 2, Received cash from Vedant & Co. ₹ 49,000 and discount allowed ₹ 1,000.
Mar. 1, Paid trade expense ₹ 2,000.
Mar. 31, Paid for power & fuel ₹ 1,000.

Answer:-
Trial Balance - 2,20,000/-
Gross profit - 62,000/-
Net profit - 48,000/-
Balance Sheet - 1,68,000/-
Profit & Loss A/c -
 TALLY PROFESSIONAL ASSIGNMENTS
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 Tally Assignment No.-60

 Prepare the statements of Bihar Club for the year 2021 – 2022

Income and Expenditure Account

Expenditure Amount (Rs) Income Amount (Rs)

Printing and Stationery 38,750 Subscriptions 2,25,000
Lighting 26,250 Entrance Fees 23,000
Rates and Taxes 17,000 Interest on Investment in 18,000
Telephone charges 2,600 government securities
Postage and Courier charges 2,000 Locker Rent 42,000
Wages and Salaries 88,000
Insurance Premium 15,000
Surplus (Excess of income over 1,18,400
expenditure)

3,08,000 3,08,000

Balance Sheet of Bihar club

Liabilities Amount (Rs) Assets Amount (Rs)

Sports Funds 15,000 Cash in Hand 29,500
Capital 8,42,550 Cash at bank 60,000
(Balancing Figure) Outstanding Subscription 15,000
Outstanding Locker Rent 3,050
Furniture 1,00,000
Buildings 6,50,000

8,57,550 8,57,550
 TALLY PROFESSIONAL ASSIGNMENTS
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Prepared By: - Rakesh Roy (Accounts Professional)

 Tally Assignment No.-61

 Prepare the statements of Excellent Club for the year 2021 – 2022

Income and Expenditure Account

Expenditure Amount (Rs) Income Amount (Rs)

To Salaries 4,80,000 By Subscriptions 9,00,000
To Rent 50,000 By Donation 10,000
To Stationery 20,000
To Loss on sale of old furniture 10,000
To Surplus 3,50,000
(Balancing Figure)

9,10,000 9,10,000

Balance Sheet of Excellent club

Liabilities Amount (Rs) Assets Amount (Rs)

Salaries Outstanding 6,000 Subscriptions Outstanding 6,000
Capital Fund 2,47,000 Building 2,00,000
(Balancing Figure) Furniture 20,000
Books 20,000
Cash at Bank 7,000

2,53,000 2,53,000
 TALLY PROFESSIONAL ASSIGNMENTS
298
Prepared By: - Rakesh Roy (Accounts Professional)

 Tally Assignment No.-62

1. Create a new Company.

2. Record the following Opening balances
Capital - Rs. 5,00,000
Cash - Rs. 7,50,000
Furniture - Rs. 45,000
SBI - Rs. 1,60,000
3. Give an Order of items to Accent Sports with GST @ 12% (Order No. -PO/AS/004)
Helmet 10 pcs @ 1,400/pcs
Batting Pads24 pcs @ 800/pcs
Chest Guard 20 pcs @ 1,300/pcs
Elbow Guard 20 pcs @ 200/pcs
Pitch Mats 18 pcs @ 1,100/pcs
4. Give an Order of goods to Champion Sports with GST @ 12% (Order No. - PO/CS/005)
Thigh Pads 20 pcs @ 200/pcs
Abdominal Guard 30 pcs @ 150/pcs
Batting Gloves 30 pcs @ 300/pcs
Cricket Bat 35 pcs @ 1,100/pcs
Cricket Ball 30 pcs @ 180/pcs
Cricket Stumps 30 sets @ 280/sets
Bails 50 pcs @ 36/pcs
Cricket Bag 28 pcs @ 500/pcs
5. Raise an invoice of purchase from Accent Sports against Order No. PO/AS/004
6. Raise an invoice from Champion Sports against Order No. PO/CS/005
7. Received an Order of following goods from Eastern Sports with GST @ 12% (Order No. -
SO/ES/008)
Helmet 8 pcs @ 1,600/pcs
Batting Pads 12 pcs @ 1,100/pcs
Chest Guard 10 pcs @ 1,550/pcs
Thigh Pads 10 pcs @ 450/pcs
8. Received an Order of goods from Triangle Sports with IGST @ 12% (Order No. - SO/ES/009)
Pitch Mats 10 pcs @ 1,300/pcs
Elbow Guard 10 pcs @ 350/pcs
Cricket Bat 10 pcs @ 1,350/pcs
Abdominal Guard 10 pcs @ 200/pcs
Batting Gloves 10 pcs @ 380/pcs
Cricket Bag 10 pcs @ 650/pcs
Cricket Ball 10 pcs @ 240/pcs
Cricket Stumps 10 sets @ 340/sets
Bails 10 pcs @ 45/pcs
 TALLY PROFESSIONAL ASSIGNMENTS
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Prepared By: - Rakesh Roy (Accounts Professional)

9. Raise invoice (Sales) for Triangle Sports against Order No. - SO/TS/009 with cash discount Rs.
1,000.
10. Raise invoice (Sales) for Eastern Sports Order No. - SO/ES/008 with cash discount @ 2%.
11. Received Cash from Triangle Sports Rs. 25,000.
12. Paid Cash to Accent Sports Rs. 28,000 and Champion Sports Rs. 30,000.
 TALLY PROFESSIONAL ASSIGNMENTS
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 Tally Assignment No.-63

1. Create a Company
Name :-Krishna Institute of Management
Add :-F-273, DLF, U.P
GSTIN :-09DQTPK9758M1ZG
2. Received fee from Harish Rs. 12,000 including books and charged GST @ 18% (CGST and SGST)
through online payment.
3. Received fee from student of BBA (Suresh & Mahesh) Rs. 28,000 with GST @ 18% (CGST and SGST)
through net banking.
4. Purchase books materials from Devansh Printing & Stationary 100 pcs books of Management
Accounting @ 500 each with GST @ 0%.
5. Purchased Furniture from Anish Store Rs. 50,000 with GST @ 12%.
6. Received fee from following students :-
Vishal (BBM) - Rs. 18,000
Rohit (MBA) - Rs. 21,000
Trilok (MBA) - Rs. 21,000
Kajal (BBA) - Rs. 14,000
With GST @ 18% (CGST & SGST) through online payment.
7. Purchased office equipments Rs. 30,000 from Ravi & Com. with GST @ 18% and payment through
cheque.
8. Purchased Stationary from Dinesh Store of Rs. 5,000 and pay GST @ 12% through online UPI
payment.
9. Purchased books from Devansh Printing & Stationary 50 pcs Human Resources @ 430 each and 60
pcs Managerial Economics @ 380 each with GST @ 0%.
10. Paid to Devansh Printing & Stationary Rs. 25,000 through UPI payment.
11. Paid to Anish Store Rs. 30,000 through UPI payment.
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 Tally Assignment No.-64

1. Open a new Company.

2. Enable Goods and Services Tax in Your Company.
3. Record the following opening balances
Capital ₹ 2,00,000
Cash ₹ 4,80,000
SBI ₹ 1,60,000
4. Purchased Courier services from DTDC Courier Agency of ₹ 2,00,000 with GST @ 18% (SAC Code -
9968)
5. Purchased transportation services from Riya Roadways (Pune) of ₹ 80,000 with IGST @ 12% (SAC
Code- 9967)
6. Purchased Advertisement services from Digital Media Pvt. Ltd (U.P) of ₹ 1,20,000 with IGST @
18%(SAC Code - 9983)
7. Paid to Riya Roadways ₹ 60,000 through net banking of SBI
8. Sold transportation services of ₹ 40,000 in cash with GST @ 12%
9. Paid Cash to DTDC Courier Agency ₹ 1,50,000
10. Sold Advertisement services of ₹ 50,000 in cheque (SBI) with GST @ 18%
11. Purchased Telecommunication services from Tata Telecom (Mumbai) of ₹ 3,00,000 with IGST @
18%(SAC - 0912)
12. Paid Cheque of SBI to Digital Media Pvt. Ltd ₹ 1,00,000
13. Sold Courier services to Pramod communication ₹ 30,000 with GST @ 18%
14. Paid Cash to Tata Telecom ₹ 1,00,000
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 Tally Assignment No.-65

Name Viraj Associates

Address Boring Road, Patna - 800004
Phone 9876543210

Transaction Amount Party Name Mode

CAPITAL INTRODUCE 2,00,000 CASH

CASH DEPOSITED IN PNB 1,20,000

PURCHASE 32,000 FURNITURE WOODY CO. CREDIT

PURCHASE 11,500 GOODS TARA VENTURE & CO. CASH

PURCHASE 19,200 GOODS TARA VENTURE & CO. CREDIT
PURCHASE 4,800 GOODS TARA VENTURE & CO. CHEQUE

PURCHASE 21,000 MACHINE INDIA MART.COM CREDIT

SALE 18,000 GOODS BENERJEE & SONS CREDIT

SALE 16,500 GOODS BENERJEE & SONS CASH

SALE 11,000 GOODS BENERJEE & SONS CHEQUE
SALE 8,500 GOODS KOYAL & CO. CREDIT
PAID TO 15,000 TARA VENTURE & CO. CHEQUE
PAID TO 50% WOODY CO. CASH

RECEIVED FROM FULL BENERJEE & SONS CHEQUE

PAID TO 1/4TH INDIA MART.COM CHEQUE
SALARY 25,000 CHEQUE

PRINTING 1,200 CHEQUE

ELECTRICITY 800 CHEQUE

Depreciation on all fixed

Assets @ 10%
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 Tally Assignment No.-66

Name ANSH ENGINEERIMG PVT.LTD

Address Gola Road, Patna - 800004
Phone 9876540312

Transaction Amount Party Name Mode

CAPITAL INTRODUCE 80,000 CASH

CASH DEPOSITED IN AXIS 20,000
PURCHASE 12,500 GOODS AMRIT CREDIT
PURCHASE 18,000 GOODS BIJAY CREDIT
PURCHASE 14,200 GOODS AMRIT CHEQUE

PURCHASE 25,000 LAPTOP AMAZON.COM DR.CARD

SALE 24,200 GOODS AMAR CREDIT

SALE 22,000 GOODS BIMAL CREDIT

PURCHASE 16,100 GOODS AMRIT CREDIT
SALE 19,000 GOODS CHANDAN CREDIT

PURCHASE 9,500 GOODS AMRIT CREDIT

SALE 13,800 GOODS AMAR CHEQUE

RECEIVED FROM FULL CHANDAN CHEQUE

PAID TO 15,000 AMRIT CHEQUE
PAID TO 4,100 BIJAY CASH

RECEIVED FROM HALF AMAR CHEQUE

SALARY 9000 CHEQUE

ELECTRICITY 600 CHEQUE

Depreciation on all fixed
Assets @ 10%
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 Tally Assignment No.-67

Name AJAY GENERAL STORE

Address BAILY ROAD, PATNA
Phone 9856712340

Transaction Amount Party Name Mode

CAPITAL INTRODUCED
FURNITURE 32,000
CASH 2,00,000
HALF CASH DEPOSIT IN PNB BANK
BUY A LAPTOP FOR OFFICE USE 42,000 SHARMA JI CREDIT
BUY GOODS SUPPLIER A CREDIT

RAJMA 40
ALMOND 25
UDAD 80
BUY GOODS SUPPLLIER B CREDIT
MUSTERED 12
OLIVE 18
SANTOOR 20
MOONG 40
PAID SALARY 12,000 PNB
PAID TELEPHONE BILLS 2000 CASH

PAID ELECTRICTY 1,500 CASH

SALE GOODS CUSTOMER A CREDIT

ALMOND 18
SANTOOR 12
OLIVE 15
CASH WITHDRAW FOR PERSONAL USE 6,000
SALE GOODS CUSTOMER B CREDIT
 RAJMA 30
MOONG 35
RECEIVED FROM CUSTOMER B 60% PNB
RECEIVED FROM CUSTOMER A 40% CASH

PAID TO SHARMA JI 22,000 PNB

PAID TO SUPPLIER B HALF PNB
PAID TO SUPPLIER A 1/4TH CASH

RECEIVED FROM CUSTOMER B 20% CASH

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OIL BUY @ SALE @

MUSTURED LTR 40 49
ALMOND LTR 30 36

OLIVE LTR 15 25

PULSES
RAJMA KG 45 68
UDAD KG 54 70

CHHOLE KG 60 75
MOONG KG 25 48

SOAP
LUX PCS 15 20

LIFEBOY PCS 11 18
SANTOOR PCS 16 25
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 Tally Assignment No.-68

Name RANA SPORTS ASSOCIATES

Address S.P VERMA ROAD, PATNA
Phone 9871234560

Transaction Amount Party Name Mode

CAPITAL INTRODUCED 1,40,000 CASH

CAPITAL INTRODUCED 45,000 SBI
BOUGHT FOLLOWING ITEMS: SUPPLIER A CREDIT

CHESS 200
BAT 80
BOUGHT FOLLOWING ITEMS: SUPPLIER B CREDIT
FOOTBALL 150
HOCKEY 150
SOLD FOLLOWING ITEMS: CUSTOMER A CREDIT
HOCKEY 70
CHESS 50
RETURN TO (DUE TO DEFCTIVENESS) SUPPLIER A
CHESS 10
BAT 6
SOLD FOLLOWING ITEMS: CUSTOMER B CREDIT

BAT 24
FOOTBALL 65
BOUGHT FOLLOWING ITEMS: SUPPLIER B CASH

FOOTBALL 18
HOCKEY 9
RETURN FROM (DUE TO DEFECTIVENESS) CUSTOMER B
BAT 1
FOOTBALL 7
SOLD FOLLOWING ITEMS: CUSTOMER B CASH
BAT 20
FOOTBALL 50
PAID SALARY TO STAFF 8000 CASH
PAID ELECTRICITY BILL 1500 CASH

HE CONTRIBUTED ADDITIONAL CAPITAL 20,000 CHEQUE

PAID TO 60% SUPPLIER A CHEQUE
RECEIVED FROM 40% CUSTOMER B CHEQUE

RECEIVED FROM HALF CUSTOMER A CASH

RECEIVED INTEREST FROM SAVING A/C 112
PAID TO HALF SUPPLIER B CHEQUE
RECEIVED FROM CUSTOMER B 8000 CASH
PAID TO SUPPLIER B 8000 CASH
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 Tally Assignment No.-69

CASH - BANK TRANSACTIONS

MonthofApril(01-04-2021)
1. Starteda newbusinesswith CapitalofRs.1,00,00,000 incash.
2. OpenedabankaccountwithHDFCbankanddepositRs.60,00,000.
3. Purchase following fixed assets by issuing cheque (ch. 120846) furniture Rs.
10,00,000,MachineryRs.20,00,000andcomputerRs.5,00,000.
4. PurchasestationarybycashworthRs.15,000.
5. Paidofficerentthroughcheque(ch.120848)Rs.18,000.
6. ReceiveconsultingfeesRs. 1,50,000.
7. Withdrawn cashfrombankRs.1,00,000.

MonthofMay(01-05-2021)
1. Paid Salary Rs.18,000bycash.
2. PaidtelephoneexpensebychequeRs.8,500(ch.120849)
3. Paidrepairchargesby cash Rs.21,750.
4. Paidofficerentthroughcheque(ch.120850)Rs.18,000.
5. ReceiveconsultingfeesbycashRs. 96,000.
6. WithdrawRs.5,000,forpersonalusefrombank.
7. PurchasedfurnitureRs.25,500by cheque(ch.120851)

Monthof June(01-06-2021)
1. ReceivecashforconsultingfeesRS.1,20,000.
2. Paid salaryRs.18,000bycash.
3. Paid officerent Rs.18,000bycheque(ch.120852)
4. PaidtelephoneexpenseRs. 7500.
5. PaidelectricalbillofRs.9,500bycheque(ch.No:-120853)
6. PaidofficemaintenancechargeRs.5,000.
7. Purchasenewinvertorsworth Rs.10,500 bycash.
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Purchase entry

Monthof July (01-07-2021)

1) PurchasegoodsworthRs.12,000fromRaj& co.
2) PurchasegoodsworthRs.18,000fromRaj &co.bycash.
3) PaidRs.11,500toRaj&co.bycash.
4) Purchasegoodsworth Rs.30,000fromGanesh &co.
5) PurchasegoodsworthRs.30,000fromGeetaTraders.
6) Purchasegoodsworth Rs.5,000bycash.
7) Purchasegoodsworth Rs.12,000fromDinesh &co.

Monthof August(01-08-2021)
1) Paid Rs.12,000to Dinesh& co.bycash.
2) PurchasegoodsworthRs.21,500fromMirzaTraders.
3) Paid80%ofbillamounttoGanesh &co.
4) Paid cashtoGeetaTradersRs.15,000.
5) Purchasegoodsworth Rs.6,000fromGanesh &co.
6) Paid remaining amount toRaj& co.
7) Purchasegoodsworth Rs.500by cash.
8) Paid fullamounttoGanesh&co.

Sales Entry

Monthof September(01-09-2021)

1) SoldgoodsworthRs.5,000to Pranay& co.

2) Soldgoodsworth Rs.3,000by cash.
3) Sold goodsworth Rs.1,200toShah&co.
4) Soldgoodsworth Rs.2,05,000 toKiran & co.
5) Soldgoodsworth Rs.30,000to Rajesh&co.
6) Soldgoodsworth Rs.40,000to Agrawal&co.
7) Sold goodstoMahesh Rs.20,000andreceivedRs.12,000by cash.
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MonthofOctober(01-10-2021)
1) Soldgoodsworth Rs.500 bycash.
2) Received Rs.1200 fromShah &co.
3) Receivedhalf(50%)amount fromKiran&co.
4) Received90%amount fromRajesh&co.
5) Received 80%amountformAgrawal&co.
6) Receivedfullamount fromPranay&co.
7) Sold goodsworthRs.50,000to Rao&co.
8) ReceivedhalfamountfromRao& co.

MonthofNovember(01-11-2021)

1) Cash purchase of Rs. 5,000 from Kamlesh Pvt. Ltd.

2) Cash sales of Rs. 7,000 to Birla Ltd.
3) Purchased goods worth Rs. 20,000 from Uday Bharti.
4) Paid cash Rs. 8,000 for rent.
5) Paid salary Rs. 15,000 to managers.
6) Deposited cash Rs. 10,000 in Bank of Baroda.
7) Withdraw Rs. 5,000 from Bank of Baroda for personal use.
8) Paid Conveyance expenses in cash Rs. 1,500.
9) Paid Rs. 5,000 to Uday Bharti by Cheque of Bank of Baroda.
10) Sold goods worth Rs. 26,000 to Harish & Co.
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Monthof January(01-01-2022)

1) Purchase stationary from J.P Stores Rs. 1.500.

2) Purchase goods worth Rs. 20,000 from Rehana Traders.
3) Purchase furniture worth Rs. 30,000 fro Mehta Furnitures.
4) Paid cash to J.P Strore Rs. 1,200.
5) Sold goods worth Rs. 30,000 to Payel Traders.
6) Received cash from Payel Traders Rs. 20,000.
7) Purchased computer worth Rs. 40,000 in cash.
8) Paid cash to Rehana Traders Rs. 15,000.
9) Paid Rs. 2,000 for Miscellaneous expenses.
10) Bad debts Rs. 10,000 to Payel Traders.
11) Depreciation @ 15% on furniture.
12) Received an invoice for Travelling expense from Disha Travel Rs. 20,000.
13) Depreciation @ 20% on computers.
14) Paid full amount to Disha Travels.

Monthof march(01-03-2022)

1) Goods worth ₹ 500 were withdrawn for personal use.

2) Goods worth ₹ 1,000 were given away as charity.
3) Goods worth ₹ 2,000 were stolen by an employee.
4) Goods worth ₹ 5,000 were destroyed by fire.
5) Goods worth ₹ 3,000 were distributed as free sample.
6) Goods worth ₹ 5,000 were used by proprietor.
7) Purchased machinery on credit ₹ 50,000 from Vijay & Co.
8) Outstanding salaries ₹ 5,000.
9) Provide interest on capital at 6% p.a.
10) Interest on Drawing ₹ 1,200.
11) Charge depreciation @ 10% on machinery.
12) Rs. 2,000 due from Harish & Co. are now bad debts.
1)
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 Tally Assignment No.- 70

2. Open a new company.
3. Enable Security Control and give the administrator & password.
Administrator Name :- Manager

Password :- 4005

4. Based on Data entry security level, prepare the following users where they will be allowed to
enter only ledgers and transactions but will not be allowed to alter/modify any ledgers and transactions
as well as not to view any final reports of company.

Sl. No. User’s Name Password Right allow Right disallow

1. Chiranjeet (operator) 7484 Create account Masters Alter of account masters

2. Ratan (Ju.acct) 1288 Create vouchers Alter of masters, vouchers.

3. Amardeep (Sr. acct) 4554 Alter vouchers, Display of balance sheet,

P&L a/c.
Account masters,

Display of daybook, trail

balance

5. Pass the following ledgers accounts by operator.

b. Advertisement expenses – Indirect expenses
c. Donation -- Fixed assets
d. Electricity Expense -- Indirect Expense
e. Drawings -- Direct income
f. Investment -- Capital account
 6. Pass the following entries by Ju. Accountant.

Sl.no. Particularss Vch type Debit Credit

1. Cash a/c …………………..Dr F6 5000

To Drawing A/c 5000

2. Cash A/c……………………Dr F6 2051

To Donation 2051

3.
Investment …………………Dr. F5 10,000

To Cash A/c 10,000

6. Altered the all accounts master and entries by Sr.Accountant.

7. At last check the correct balances of final accounts.

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REPORTS
 Tally Assignment No. -HARSHIT ENTERPRISES
Balance Sheet - 1,35,03,569.73
Profit and Loss A/c - 14,01,358.76
Gross Profit - 7,38,733.01
Net Loss - 6,62,625.75
Trial Balance - 1,96,62,384.29
Stock Summary - 37,41,243.59
Pay Slip -
Employee July (Month) August (Month)

Anita Bansal (ID0019) 13,641.24 13,246.09

Brajesh Kumar (ID0018) 28,928.28 28,928.28

Ganesh Pandey (ID0012) 37,502.20 34,977.47

Hitesh Agarwal (ID0017) 38,391.51 38,073.91

Koyel Manik (ID0013) 27,841.94 27,336.29

Manisha Nayak (ID0015) 26,783.99 28,368.30

Rupesh Singh (ID0014) 28,928.28 28,013.55

Tanweer Khan (ID0020) 16,078.05 15,617.04

Viraj Kumar (ID0016) 16,078.05 15,617.04

Outstanding :- Payable - 46,82,641.58

Receivable -10,79,289.86
Sales Register - 57,59,551.80
Purchase Register - 1,11,83,178.18
Group Summary :- Purchase Accounts :- Purchase - 82,67,827.61
Purchase Return - 2,54,120.72
Sales Accounts :- Sales - 52,22,656.94
Sales Return - 2,09,265.63
 Tally Assignment No. - 1
Balance Sheet - 43,30,980.90
Profit and Loss A/c - 74,544.46
Gross Loss - 10,544.46
Net Loss - 74,544.46
Trial Balance - 43,95,311.44

 Tally Assignment No. -2

Balance Sheet - 14,68,383.96
Profit and Loss A/c - 31,558.96
Gross Profit -31,558.96
Net Profit - 27,058.96
Trial Balance - 15,71,336.20
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 Tally Assignment No. -3

Balance Sheet - 28,08,992.00
Stock Summary - Accessories- 3,53,559.70
Kids wear- 4,57,497.00
Ladies Wear - 12,43,110.00
Menswear- 8,89,410.00
Grand Total - 29,43,576.70
Trial Balance - 31,93,126.70

 Tally Assignment No. -4 (ST. PAUL’S ACADEMY)

Balance Sheet - 69,67,580.00
Profit and Loss A/c - 4,04,600.00
Net Profit - 2,12,580.00
Trial Balance - 71,59,600.00

 Tally Assignment No. -5

Balance Sheet - 38,000.00
Profit and Loss A/c - 3,000.00
Gross Profit - 3,000.00
Net Profit - 3,000.00
Trial Balance - 1,71,100.00

 Tally Assignment No. -6 (TDS)

Balance Sheet - 10,90,000.00
Profit and Loss A/c - 5,11,000.00
Net Loss - 5,11,000.00
Trial Balance - 10,90,000.00
TDS Outstanding (1-Apr-2021 to 1-Nov-2021)
Rent on Land - 10,000
Rent on Plant - 3,000
Transporter - 1,800

 Tally Assignment No. -7 (PAYROLL)

Balance Sheet - 69,920.00
Profit and Loss A/c - 69,920.00
Net Loss - 69,920.00
Trial Balance - 70,600.00
Pay Slip for October - 2021
Mr. Anand - 25,574.00
Mr. Balram - 17,036.00
Mr. Chandra - 21,370.00
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 Tally Assignment No. –8 (DEPRECIATION)

Balance Sheet - 32,53,000.00
Profit and Loss A/c - 4,41,450.00
Net Loss - 4,41,450.00
Trial Balance - 32,53,000.00

 Tally Assignment No. -9 (BRS)

Balance Sheet - 5,94,300.00
Profit and Loss A/c - 94,500.00
Gross Profit - 91,000.00
Net Profit - 94,300.00
Trial Balance - 6,09,500.00
Balance as per company Books - 2,61,300.00
Amounts not reflected in bank - 0
Balance as per bank - 2,61,300.00

 Tally Assignment No. -10

Balance Sheet - 65,80,780.32 Debtor’s Name Outstanding Balance Interest Amount
Profit and Loss A/c - 24,25,780.32
Gross Profit - 23,85,500.00 Krishita Traders 13,40,000 15,319.46
Net Profit - 24,25,780.32
Das Traders 11,20,000 2,086.58
Trial Balance - 97,85,780.32
Rajat Enterprises 17,50,000 11,089.04
 Tally Assignment No. -11
Surya India Pvt Ltd 8,55,000 3,865.07
(BUDGET)
Balance Sheet - 5,00,000.00
Profit and Loss A/c - 9,050.00
Net Loss - 9,050.00
Trial Balance - 5,00,000.00
Expense Budget Variance
Advertisement Expense :- (500.00)
Conveyance :- (-50.00)
Office Expense :- (300.00)
Repairing Charges :- (-200.00)
Telephone Charges :- (200.00)

 Tally Assignment No. -12 (PRICE LIST)

Balance Sheet - 2,33,406.00
Profit and Loss A/c - 10,406.00
Gross Profit - 10,406.00
Net Profit - 10,406.00
Trial Balance - 3,53,806.00
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 Tally Assignment No. -13 (STANDARD RATE)

Balance Sheet - 4,17,940.00
Profit and Loss A/c - 26,800.00
Gross Profit - 26,800.00
Net Profit - 26,800.00
Trial Balance - 5,08,540.00

 Tally Assignment No. -14 (BUDGET)

Balance Sheet - 5,59,400.00
Profit and Loss A/c - 4,19,400.00
Gross Profit - 4,19,400.00
Net Profit - 3,19,400.00
Trial Balance - 11,70,000.00
Admin Budget Variance
Sales :- (1,30,000)
Purchase :- (0)
Direct Expenses - Carriage :- (-300.00)
Freight :- (-600.00)
Wages :- (-200.00)
Indirect Expenses - Advertisement :- (2000.00)
Commission :- (2000.00)
Rent :- (2000.00)
Salary :-(-2000.00)

 Tally Assignment No. - 15 (PRICE LIST)

Balance Sheet - 53,69,000.00
Profit and Loss A/c - 1,19,000.00
Gross Profit - 1,19,000.00
Net Profit - 1,19,000.00
Trial Balance - 65,18,000.00

 Tally Assignment No. -16 (BOM)

Balance Sheet - 20,105.00
Profit and Loss A/c - 980.00
Gross Profit - 980.00
Net Profit - 980.00
Trial Balance - 23,198.40
Effective cost of primary item - Vicco tooth Powder(100 gm) - 115.78/Pcs
Total Cost - Vicco tooth Powder(100 gm) - 11,578.00 (100 Pcs)
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 Tally Assignment No. -17

Balance Sheet - 6,95,494.59
Profit and Loss A/c - 28,506.99
Gross Profit - 26,850.00
Net Profit - 25,494,59
Trial Balance - 9,35,156.99
Total Interest (01/07/19) - Creditors - J.K. Enterprises :-1,029.48
Royal Electronics &Traders :-1,982.92
Debtors- Rajat Enterprises :- 902.47 (685.48 + 216.99)
Rishi Electronics :-754.52
Total Amount (01/07/19) - Creditors - J.K. Enterprises :-78,029.48
(Actual Bill + Interest) Royal Electronics &Traders :-1,71,482.92
Debtors - Rajat Enterprises :-1,36,402.47
Rishi Electronics :-68,754.52

 Tally Assignment No. -18 (BOM)

Balance Sheet - 20,15,022.40
Profit and Loss A/c - 25,022.40
Gross Profit - 25,022.40
Net Profit - 25,022.40
Trial Balance - 21,38,662.40
Effective cost of primary item - 21 Inch LCD T.V :- 11,444.00/Pcs
Total Cost - 21 Inch LCD T.V :- 1,71,660.00 (15 Pcs)

 Tally Assignment No. -19 (MULTI CURRENCY)

Balance Sheet - 45,540.00
Profit and Loss A/c - 13,140.00
Gross Profit - 13,140.00
Net Profit - 13,140.00
Trial Balance - 3,57,040.00

 Tally Assignment No. -20 (TCS)

Balance Sheet - 7,91,700.00
Profit and Loss A/c - 8,775.00
Gross Profit - 8,775.00
Net Profit - 8,475.00
Trial Balance - 9,02,925.00
TCS on Scrap of Iron - 367.00
TCS on Tendu Leaves - 900.00
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 Tally Assignment No. -21

Balance Sheet - 8,27,811.00
Profit and Loss A/c - 1,15,201.00
Gross Profit - 51,313.33
Net Loss - 61,887.67
Trial Balance - 16,51,920.00

 Tally Assignment No. - 22 (Ansh Enterprises)

Balance Sheet - 39,945.00
Profit and Loss A/c - 6,370.00
Gross Profit - 2,450.00
Net Loss - 3,120.00
Trial Balance - 65,745.00

 Tally Assignment No. - 23 (Rupak Pvt. Ltd)

Balance Sheet - 55,890.00
Profit and Loss A/c - 33,945.00
Gross Profit - 14,350.00
Net Loss - 18,465.00
Trial Balance - 92,520.00

 Tally Assignment No. - 24(Kailash Pvt. Ltd)

Balance Sheet - 71,50,000.00
Profit and Loss A/c - 12,47,500.00
Gross Profit - 8,35,000.00
Net Loss - 1,62,500.00
Trial Balance - 1,43,00,000.00

 Tally Assignment No. -25

Balance Sheet - 15,30,286.99
Profit and Loss A/c - 30,286.99
Gross Profit - 30,286.99
Net Profit - 30,286.99
Trial Balance - 17,52,465.30

 Tally Assignment No. -26

Balance Sheet - 45,93,906.81
Profit and Loss A/c - 44,696.15
Gross Profit - 39,696.15
Net Profit - 2,416.15
Trial Balance - 58,16,701.99
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 Tally Assignment No. -27

Balance Sheet - 1,10,000.00
Profit and Loss A/c - 10,000.00
Gross Profit - 10,000.00
Net Profit - 10,000.00
Trial Balance - 1,50,000.00

 Tally Assignment No. -28

Balance Sheet - 1,85,000.00
Profit and Loss A/c - 21,000.00
Gross Profit - 21,000.00
Net Profit - 21,000.00
Trial Balance - 3,67,500.00

 Tally Assignment No. -29

Balance Sheet - 3,35,988.20
Profit and Loss A/c - 10,990.00
Gross Profit - 10,990.00
Net Profit - 10,990.00
Trial Balance - 4,98,608.20
Sales Gross Total (Alfatech Traders) - 1,02,439.00
Sales Gross Total (Mahesh Electronics) - 1,02,129.20

 Tally Assignment No. -30

Balance Sheet - 10,29,782.95
Profit and Loss A/c - 496.75
Gross Profit - 496.75
Net Profit - 496.75
Trial Balance - 10,37,715.95

 Tally Assignment No. -31

Balance Sheet - 4,756.83
Profit and Loss A/c - 5,000.00
Gross Profit - 243.17
Net Loss - 4,756.83
Trial Balance - 13,160.00

 Tally Assignment No. -32 (PAYROLL)

Balance Sheet - 5,06,224.74
Profit and Loss A/c - 1,27,922.43
Net Loss - 1,27,922.43
Trial Balance -5,06,224.74
Pay Slip ;- Harsh Kumar - 20,753.47
Kunal Singh - 18,331.31
Suman Thakur - 32,140.80
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Prepared By: - Rakesh Roy (Accounts Professional)

 Tally Assignment No. -33

Balance Sheet - 3,03,000.00
Profit and Loss A/c - 69,800.00
Gross Loss - 3,300.00
Net Loss - 69,800.00
Trial Balance - 3,04,800.00

 Tally Assignment No. -34

Balance Sheet - 9,15,835.48
Profit and Loss A/c - 93,600.00
Gross Profit - 93,600.00
Net Profit - 62,874.19
Trial Balance - 14,24,561.29

 Tally Assignment No. -35

Balance Sheet - 13,84,218.00
Profit and Loss A/c - 3,01,900.00
Gross Profit - 2,98,900.00
Net Profit - 2,56,900.00
Trial Balance -17,73,229.20

 Tally Assignment No. -36

Balance Sheet - 14,49,172.40
Profit and Loss A/c - 1,21,564.60
Gross Loss - 5,064.60
Net Loss - 1,17,364.60
Trial Balance - 15,47,054.80

 Tally Assignment No. -37 (STANDARD RATE)

Balance Sheet - 20,89,452.00
Trial Balance - 20,89,452.00
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 Tally Assignment No. -39

Balance Sheet - 50,000.00
Profit and Loss A/c - 25,000.00
Gross Profit - 25,000.00
Net Profit - 25,000.00
Trial Balance - 1,75,000.00

 Tally Assignment No. -40 (KHANNA & SONS)

Balance Sheet - 7,860.00
Profit and Loss A/c - 2,416.00
Gross Profit - 2,416.00
Net Profit - 2,416.00
Trial Balance -1,27,876.00

 Tally Assignment No. -41 (GUPTA & SONS)

Balance Sheet - 2,70,000.00
Profit and Loss A/c - 1,86,000.00
Gross Loss -
Net Loss - 1,86,000.00
Trial Balance - 2,70,000.00

 Tally Assignment No. -42 (MAHESH & SONS)

Balance Sheet - 6,98,974.40
Profit and Loss A/c - 3,920.00
Gross Profit - 3,920.00
Net Profit - 3,920.00
Trial Balance - 8,82,580.00
321 TALLY PROFESSIONAL ASSIGNMENTS
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 Tally Assignment No. -43 (PAYROLL)
Balance Sheet - 2,06,719.00
Profit and Loss A/c - 2,06,719.00
Gross Loss - 13,500.00
Net Loss - 2,06,719.00
Trial Balance - 2,06,719.00
Pay Slip ;- Sagar Verma - 18,780.94
Vikram Singh - 16,226.73
Gamesh Sinha - 24,039.60
Viraj Kumar - 22,537.12
Pankaj Raj - 18,029.70
Pratik Mishra - 20,133.16
Krishna Kr. - 16,527.22
Akash Bhaskar - 18,029.70
Prabhat Ranjan - 19,532.17

 Tally Assignment No. -44

Balance Sheet - 1,24,300.00 (As at 31/3/22)
Profit and Loss A/c - 35,100.00
Gross Profit - 30,600.00
Net Profit - 6,100.00
Trial Balance - 2,16,000.00

 Tally Assignment No. -45

Balance Sheet - 26,88,220.00
Profit and Loss A/c - 2,21,220.00
Gross Profit - 2,21,220.00
Net Profit - 2,21,220.00
Trial Balance - 44,50,620.00
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 Tally Assignment No. -47
Balance Sheet - 3,47,750.00
Profit and Loss A/c - 2,00,100.00; Gross Profit - 2,00,100.00
Net Profit - 1,27,650.00
Trial Balance - 5,50,100.00
 Tally Assignment No. -49
Balance Sheet - 14,61,480.00
Profit and Loss A/c - 3,18,660.00
Gross Loss - 2,33,920.00
Net Loss - 3,13,970.00
Trial Balance - 22,80,150.00
Cash Flow :- Net Flow - April - 10,82,900.00
May - (-)79,500.00
June - 10,400.00
July - 14,500.00
Aug - (-)7,14,150.00
Sep - (-)59,500.00
Oct - (-)1,60,000.00
Nov - 5,800.00
Dec - (-)30,700.00
Jan - (-)59,000.00
Feb - (-)52,000.00
Mar - 19,800.00

 Tally Assignment No. -50

Balance Sheet - 22,800.00
Profit and Loss A/c - 3,400.00
Gross Loss - 2,200.00
Net Loss - 1,900.00
Trial Balance - 43,900.00

 Tally Assignment No. -51

Balance Sheet - 81,000.00
Profit and Loss A/c - 11,000.00
Gross Profit - 6,000.00
Net Profit - 1,000.00
Trial Balance - 1,68,000.00

 Tally Assignment No. -52

Balance Sheet - 2,00,000.00
Profit and Loss A/c - 36,000.00
Net Loss - 34,800.00
Trial Balance - 2,86,200.00
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 Tally Assignment No. -53 (Kanika Paints)

Balance Sheet - 6,27,201.05
Profit and Loss A/c - 12,586.99
Gross Profit - 12,586.99
Net Profit - 12,586.99
Trial Balance - 6,55,301.05
Stock Summery - Distemper - 27,440.00
Emulsion - 3,48,685.00
Paint Brush (Wooden) - 4,650.00
Premium Synthetic Enamel - 34,842.00
Primers - 51,164.00
Wall Putty - 73,210.00
White Cement - 41,615.00
Grand Total - 5,81,606.00

 Tally Assignment No. -54 (National Enterprises)

Balance Sheet - 77,500.00 (As at 31/Mar/2022)
Profit and Loss A/c - 45,000.00(1/Apr/2021 – 31/Mar/2022)
Gross Profit - 35,000.00(1/Apr/2021 – 31/Mar/2022)
Net Profit - 15,800.00(1/Apr/2021 – 31/Mar/2022)
Trial Balance - 3,21,700.00(1/Apr/2021 – 31/Mar/2022)

 Tally Assignment No. -55 (Pratap Enterprises)

Balance Sheet - 1,56,300.00 (As at 31/Mar/2022)
Profit and Loss A/c - 26,500.00(1/Apr/2021 – 31/Mar/2022)
Gross Profit - 10,900.00(1/Apr/2021 – 31/Mar/2022)
Net Loss - 15,600.00 (1/Apr/2021 – 31/Mar/2022)
Trial Balance - 4,76,300.00(1/Apr/2021 – 31/Mar/2022)

 Tally Assignment No. -56 (Mehak Enterprises)

Balance Sheet - 26,500.00
Profit and Loss A/c - 5,750.00
Gross Loss - 5,500.00
Net Loss - 5,700.00
Trial Balance - 29,550.00

 Tally Assignment No. -57 (Arena Enterprises)

Balance Sheet -18,300.00
Profit and Loss A/c - 6,300.00
Gross Profit - 5,500.00
Net Profit - 5,300.00
Trial Balance - 24,300.00
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 Tally Assignment No. -58 (Milan Traders & Co.)

Balance Sheet - 26,900.00
Profit and Loss A/c - 8,000.00
Gross Profit - 8,000.00
Net Profit - 7,400.00
Trial Balance - 38,000.00

 Tally Assignment No. -59 (Deepali Enterprises)

Balance Sheet - 1,68,000.00
Profit and Loss A/c - 60,000.00
Gross Profit - 60,000.00
Net Profit - 48,000.00
Trial Balance - 2,20,000.00

 Tally Assignment No. -60 (Bihar Club)

Balance Sheet - 9,75,950.00
Income and Expenditure A/c - 3,08,000.00
Trial Balance - 11,65,550.00

 Tally Assignment No. -61 (Excellent Club)

Balance Sheet - 6,03,000.00
Income and Expenditure A/c - 9,10,000.00
Trial Balance - 11,63,000.00

 Tally Assignment No. -62 (Sales/Purchase Order)

Balance Sheet - 10,95,316.00
Profit and Loss A/c - 20,290.00
Gross Profit - 20,290.00
Net Profit - 18,370.00
Trial Balance -11,86,208.00

 Tally Assignment No. -63

Balance Sheet - 2,12,820.00
Profit and Loss A/c - 1,34,520.00
Trial Balance - 2,35,820.00

 Tally Assignment No. -64

Balance Sheet - 9,49,200.00
Profit and Loss A/c - 7,00,000.00
Net Loss - 5,80,000.00
Trial Balance -11,71,200.00
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 Tally Assignment No. -65 (VIRAJ ASSOCIATES)

Balance Sheet - 2,35,950.00
Profit and Loss A/c - 32,300.00
Gross Profit - 18,500.00
Net Loss - 13,800.00
Trial Balance - 2,89,950.00

 Tally Assignment No. -66 (ANSH ENGINEERING PVT. LTD.)

Balance Sheet - 1,17,000.00
Profit and Loss A/c - 12,100.00
Gross Profit - 8,700.00
Net Loss - 3,400.00
Trial Balance - 1,96,000.00

 Tally Assignment No. -67 (AJAY GENERAL STORE)

Balance Sheet - 2,52,187.50
Profit and Loss A/c - 14,000.00
Gross Profit - 1,861.00
Net Loss - 12,139.00
Trial Balance - 2,63,230.50

 Tally Assignment No. -68 (RANA SPORTS ASSOCIATES)

Balance Sheet - 2,76,232.00
Profit and Loss A/c - 42,712.00
Gross Profit - 42,600.00
Net Profit - 33,212.00
Trial Balance -3,48,322.00

 Tally Assignment No. -69

Balance Sheet - 1,07,37,500.00
Profit and Loss A/c - 8,51,950.00
Gross Profit - 2,54,200.00
Net Loss - 2,31,750.00
Trial Balance - 1,15,26,200.00
Cash Flow :- Net Flow - April - 66,17,000.00
May - 4,250.00
June -51,500.00
July - (-) 34,500.00
Aug - (-) 64,000.00
Sep - 15,000.00
Oct - 1,93,200.00
Nov - (-) 27,500.00
Jan - (-) 58,200.00
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 Tally Assignment No. -70

Balance Sheet - 17,051.00
Profit and Loss A/c -2,051.00
Net Loss - 2,051.00
Trial Balance -17,051.00

7. Pass the following ledgers accounts by operator.

g. Advertisement expenses – Indirect expenses
h. Donation -- Indirect Expense
i. Electricity Expense -- Indirect Expense
j. Drawings -- Capital account
k. Investment -- Investment

8. Pass the following entries by Ju. Accountant.

Sl.no. Particularss Vch type Debit Credit

1. Drawing A/c …………………..Dr F5 5000

To Cash a/c 5000

2. Donation ……………………Dr F5 2051

To Cash A/c 2051

3.
Investment …………………Dr. F5 10,000

To Cash A/c 10,000