Assingnment For Students On Tally

TALLY ASSINGNMENT
Crystal & Co was formed by Mr. Roshanlal on 1.4.2010 for trading activity, create a
new company.
Please open the following ledgers for carrying business and recording of financial
transactions as under :
Name of Ledger Under Group
Capital A/c Capital A/ c
Axis Bank A/c Bank A/c
Cash A/c Cash in Hand
Petty Cash Cash in Hand
Canara Bank OD A/c Overdraft A/c
Camputer A/c Current Assets
Fridge A/c Current Assets
Land A/c Fixed Assets
Purchase A/c Purchases A/c
Purchase Return A/c Purchases A/c
Roshanlal Drawing A/ c Current Assets
Sales A/c Sales A/c
Sales Return A/c Sales A/c.
VAT 4% Current Liabilities
Ram & Co Sundry Creditors

Shekar & Co Sundry Creditors
Vishali and & Co Sundry Creditors
Rama Synthetics Pvt :Ltd Sundry Creditors
Abhirudhi Sales Pvt Ltd Sundry Creditors
Vijaya Sales Sundry Creditors
New Generations Products Pvt Ltd Sundry Creditors
Oxy Rich Pvt Ltd Sundry Creditors
Madhur & Co Sundry Debtors
Nayak Sales Pvt Ltd Sundry Debtors
Roshini Bajaj & Co Sundry Debtors
Salam Walekum Pvt . Ltd Sundry Debtors
Tarachand and Co Sundry Debtors
Sri Lakshmi Venkateshwara Sales Sundry Debtors
S K Enterprises Sundry Debtors
Windsor Sales Pvt Ltd Sundry Debtors
Conveyance A/c Direct Exp
Staff Welfare A/c Direct Exp
Printing and Stationery Direct Exp
Postage and Courier Direct Exp
Incentives to Sales Staff Direct Exp
Salary A/c Direct Exp
Provident Fund A/c Current Liablities
Professional Tax Current Laiablities

Freight Inwards A/c Direct Expenses
Freight Outward A/c Direct Expenses
Rent A/c Direct Expenses
Building Advance A/c Current Assets
Depreciation A/c Indirect Expenses
Income Tax A/c - Advance Current Assets
Advertisement Exp Direct Exp
Telephone Charges Direct Exp
Internet Charges Direct Exp
Electricity Charges Direct Exp
Photocopy Charges Direct Exp
The following transitions took place during the accounting period from 1.4.2010 to
31.3.2011. Record the transactions using various vouchers.
APRIL 2010
Mr. Roshanlal brought capital into the business Rs.100000/- on 1.4.2010 and amount
was deposited into Axis Bank - Draw Receipt for this transaction – F6 key
He Paid Advance for Building Rs.50000/- to Rama Synthetics Pvt :Ltd
He purchased goods from Shekar & Co for Rs.13000/- on 2.4.2010 – Purchase Voucher
– F9
He Sold the goods to Madhur & Co worth Rs.6000/- 6.4.2010 and charged VAT 4% on
Sales Value – Sales Voucher F8
He withdrew petty Cash of Rs.2000/- for small expense on7.4.2010 from Axis Bank –
Contra Entry - F4 Key
He Sold the goods to Nayak Sales Pvt Ltd worth Rs.4000/- 15.4.2010 and charged
VAT 4% on Sales Value – Sales Voucher F8
He purchased goods from Vishali and & Co for Rs. 3000/- on 2.4.2010 – Purchase
Voucher – F9
He paid local conveyance to staff of Rs.232/- on 12.4.2010, he incurred Telephone

Expenses of Rs.3000/- on 24.4.2010, printing and stationery Rs.600/- on 16.4.2010, paid
Rs.1450/- for staff welfare expenses on 26.4.2010 through Axis Bank- Payment Voucher
- F5
He Sold the goods to Roshini Bajaj & Co worth Rs5000/- 28.4.2010 and charged
He receives cash Rs.2500/-from Roshini Bajaj & Co on 30.4.2010– Receipt F6
He receives cash Rs.4000/-from Nayak Sales Pvt Ltd on 30.4.2010– Receipt F6
Bank charges were debited Rs.256/- by bank on 30.4.2010.
He Paid Salaries to his staff of Rs.9450/- - Payment Voucher - F5
He paid rent of Rs.4500/- on 30.4.2010 for April 2010.
MAY 2010
He purchased goods from Vijaya Sales for Rs.10000/- on 6.5.2010 – Purchase Voucher –
F9
He Sold the goods to Salam Walekum Pvt . Ltd worth Rs.4900/- 10.5.2010 and charged
He withdrew petty Cash of Rs.1000/- for small expense on 9.5.2010 from Axis Bank –
Contra Entry - F4 Key
He Sold the goods to S K Enterprises worth Rs.4000/- 16.5.2010 and charged VAT 4%
on Sales Value – Sales Voucher F8
He purchased goods from Oxy Rich Pvt Ltd for Rs. 3000/- on 5.5.2010 – Purchase
Voucher – F9

Rs.1650/- for staff welfare expenses on 31.5.2010 through Axis Bank - Payment Voucher
- F5
He Sold the goods to Roshini Bajaj & Co worth Rs 5650/- 31.5.2010 and charged
He Paid Salaries to his staff of Rs.9450/- on 31.5.2010 through Axis Bank - Payment
Voucher - F5
He paid rent of Rs.4500/- on 31.5.2010 for May 2010
JUNE 2010
He purchased goods from Vishali and & Co for Rs.13000/- on 3.6.2010 – Purchase
Voucher – F9
He Sold the goods to Windsor Sales Pvt Ltd worth Rs.6000/- 6.6.2010 and charged VAT
4% on Sales Value – Sales Voucher F8
He purchased goods from New Generations Products Pvt Ltd for Rs. 3000/- on
12.6.2010 – Purchase Voucher – F9
Rs.2815/- for staff welfare expenses on 29.6.2010 - Payment Voucher - F5
He Sold the goods to Tarachand and Co worth Rs5000/- 28.4.2010 and charged
He draws cash from Bank Rs.10000/- on 30.6.2010 Contra Entry - F4 Key
He Paid Salaries to his staff of Rs.9450/- on 30.6.2010 by Cash - Payment Voucher - F5
He paid rent of Rs.4500/- on 30.6.2010 for June 2010
JULY 2010
Voucher – F9
He Sold the goods to Windsor Sales Pvt Ltd worth Rs.6000/- 10.7.2010 and charged
He purchased goods from Rama Synthetics Pvt :Ltd for Rs. 1800/- on 18.7.2010 –
Purchase Voucher – F9

Rs.1650/- for staff welfare expenses on 31.7.2010, Paid Rs.350/- for Courier expense
through Axis Bank - Payment Voucher - F5
He paid Rs.120/- towards local conveyance through petty cash on 28.7.2010.

He Sold the goods to Tarachand and Co worth Rs 5000/- 28.7.2010 and charged
He paid rent of Rs.4500/- on 31.7.2010 for July 2010
AUGUST 2010
Voucher – F9
He Sold the goods to Windsor Sales Pvt Ltd worth Rs.4200/- 7.8.2010 and charged VAT
4% on Sales Value – Sales Voucher F8

Rs.1650/- for staff welfare expenses on 31.8.2010, Paid Rs.396/- on 28.8.2010 for
Courier expense through Axis Bank - Payment Voucher - F5
He paid Rs.120/- towards local conveyance through petty cash on 31.8.2010.

He paid rent of Rs.4500/- on 31.8.2010 for Aug 2010
September 2010
Voucher – F9
He Sold the goods to Windsor Sales Pvt Ltd worth Rs.5160/- 10.9.2010 and charged

Expenses of Rs.1675/- on 11.9..2010, printing and stationery Rs.595/- on 16.9.2010, paid
Rs.1652/- for staff welfare expenses on 30.9.2010, Paid Rs.158/- on 28.9.2010 for
Courier expense through Axis Bank - Payment Voucher - F5
He paid Rs.55/- towards Staff Welfare for snacks through petty cash on 21.9.2010.
He paid advance income tax Rs.15000/- through Axis Bank. On 15.9.2010.
He paid rent of Rs.4500/- on 30.9.2010 for Sept. 2010
He returned goods purchased from Vishali & Co worth Rs.2000/- on 16.9.2010.- F7

Journal entry will be Vishali & Co A/c Dr Rs.2000/- Dr.
Purchase Return A/c Rs.2000/- Cr.
Windsor Sales Pvt Ltd returned back the goods worth Rs.1500/- on 30.9.2010
F7 Journal entry will be Sales Return A/c Rs.1500/- Dr
Windsor Sales Pvt Ltd Rs.1500/- Cr.
October 2010
He Purchased Fridge worth Rs.12000/- and Computer worth Rs.22000/- on 10.10.2010

Ram & Co ( Post it through Journal Voucher as these purchases are for long term use for
running the business.)
Abhirudhi Sales Pvt Ltd was paid Rs.14000/- through Axis Bank for advertisement
released in News papers
He got Overdraft Facility worth Rs.20000/- from Canara Bank on 1.10.2010 from which
he paid his internet charges of Rs.8700/- for the period April 2010 to Sept.2010
He also Paid Rs.6700/- towards electricity charges from Canara Bank on 3.10.2010.
In the above transactions wherever mode of payment is not mentioned treat it as payment
from Axis Bank.
During the year the Owner Mr. Roshanlal has withdrawn on the following dates:
10.4.2010 Rs.2500/- through Axis Bank
10.82010 Rs.2500/- through Axis Bank
Transfer Mr. Roshnalal drawings from his Drawings account to his Capital A/c by
posting Journal as under:
Capital A/c Rs. 15000/- Dr

Drawings A/c Rs.15000/- Cr.
There are some expenses head which are touched during the period , you are advised to
put some dummy expenses in the empty ledger a/c and make payment through Axis Bank
and Cash.
After completing the entries return back to Gate of Tally – click display see the
Profit and loss A/c and Balance sheet.

Assingnment For Students On Tally

Загружено:

Сведения о документе

Исходное описание:

Оригинальное название

Авторское право

Доступные форматы

Поделиться этим документом

Поделиться или встроить документ

Параметры публикации

Этот документ был вам полезен?

Это неприемлемый материал?

Авторское право:

Доступные форматы

Assingnment For Students On Tally

Загружено:

Авторское право:

Доступные форматы

TALLY ASSINGNMENT

Name of Ledger Under Group

Capital A/c Capital A/ c

Axis Bank A/c Bank A/c

Cash A/c Cash in Hand

Petty Cash Cash in Hand

Canara Bank OD A/c Overdraft A/c

Camputer A/c Current Assets

Fridge A/c Current Assets

Land A/c Fixed Assets

Purchase A/c Purchases A/c

Purchase Return A/c Purchases A/c

Roshanlal Drawing A/ c Current Assets

Sales A/c Sales A/c

Sales Return A/c Sales A/c.

VAT 4% Current Liabilities

Ram & Co Sundry Creditors

Vishali and & Co Sundry Creditors

Rama Synthetics Pvt :Ltd Sundry Creditors

Abhirudhi Sales Pvt Ltd Sundry Creditors

Vijaya Sales Sundry Creditors

New Generations Products Pvt Ltd Sundry Creditors

Oxy Rich Pvt Ltd Sundry Creditors

Madhur & Co Sundry Debtors

Nayak Sales Pvt Ltd Sundry Debtors

Roshini Bajaj & Co Sundry Debtors

Salam Walekum Pvt . Ltd Sundry Debtors

Tarachand and Co Sundry Debtors

Sri Lakshmi Venkateshwara Sales Sundry Debtors

S K Enterprises Sundry Debtors

Windsor Sales Pvt Ltd Sundry Debtors

Conveyance A/c Direct Exp

Staff Welfare A/c Direct Exp

Printing and Stationery Direct Exp

Postage and Courier Direct Exp

Incentives to Sales Staff Direct Exp

Salary A/c Direct Exp

Provident Fund A/c Current Liablities

Professional Tax Current Laiablities

Freight Outward A/c Direct Expenses

Rent A/c Direct Expenses

Building Advance A/c Current Assets

Depreciation A/c Indirect Expenses

Income Tax A/c - Advance Current Assets

Advertisement Exp Direct Exp

Telephone Charges Direct Exp

Internet Charges Direct Exp

Electricity Charges Direct Exp

Photocopy Charges Direct Exp

He Paid Advance for Building Rs.50000/- to Rama Synthetics Pvt :Ltd

He paid local conveyance to staff of Rs.232/- on 12.4.2010, he incurred Telephone

He receives cash Rs.2500/-from Roshini Bajaj & Co on 30.4.2010– Receipt F6

He receives cash Rs.4000/-from Nayak Sales Pvt Ltd on 30.4.2010– Receipt F6

Bank charges were debited Rs.256/- by bank on 30.4.2010.

He Paid Salaries to his staff of Rs.9450/- - Payment Voucher - F5

He paid rent of Rs.4500/- on 30.4.2010 for April 2010.

He paid local conveyance to staff of Rs.440/- on 15.5.2010, he incurred Telephone

Bank charges were debited Rs.189/- by bank on 30.4.2010.

Bank charges were debited Rs.204/- by bank on 30.6.2010.

He draws cash from Bank Rs.10000/- on 30.6.2010 Contra Entry - F4 Key

He Paid Salaries to his staff of Rs.9450/- on 30.6.2010 by Cash - Payment Voucher - F5

He paid rent of Rs.4500/- on 30.6.2010 for June 2010