Tally Problems
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Tally Problems
Exercise (1)
July-05
Mr. Mahadev commenced business with a capital of Rs 2,00000/-
Purchased computer with cash of Rs 1,00000/-
Wages paid Ra 1000/-
Purchased office Furniture Rs 10,000/-
Loan Taken from SBH Rs 150,000/-
Sold computers on credit to NIIT computer center Rs 80,000/-
Discount allowed to NIIT computer center Rs 2000/-
Received commission Rs 5000/-
Paid for Advertisement Rs 6000/-
Salary paid to Employees Rs 3500/-
Building purchased Rs 50,000/-
Computer purchased from Raghu on credit Rs 30,000
Sold goods for cash Rs 40,000/-
Sold Computers on credit to Barod Computer Center Rs 60,000/-
Return goods by Barod Computer Center Rs 5000/-
Rent Due Rs 2000/-
Aug-05
Sold goods to Suresh on credit Rs 65,000/-
Discount allowed to Suresh Rs 5000/-
Purchased Computers from HITECH Computer center Rs 80,000/-
Discount earned from HITECH computer center Rs 10,000/-
Cash Received from Barod Computer Center Rs 20,000/-
Telephone bill paid Rs 3000/-
Electricity bill paid Rs 1000/-
Sold goods for cash Rs 1,00000/-
Paid for postage Rs 3000/-
Tea Exp Rs 200/-
Sold goods on credit to shiva Rs 50,000/-
Salary Due Rs 2000/-
Rent paid which was earlier due Rs 2000/-
Rent for the month Rs 2000/-
Cash Sales Rs 2,00000/-
Exercise (2)
July-05
Mr Rajkumar started a Business with Capital Rs 2,00000/-
Purchase computer with cash of Rs 1,00000/-
Wages paid Rs 1000/-
Purchased office Furniture Rs 10,000/-
Loan taken from SBI Rs 1,50,000/-
Sold Computers on credit to Aptech Computer Center Rs 80,000/-
Discount allowed to Aptech Comuter Center Rs 2000/-
Received Commission Rs 5000/-
Paid for Advertisement Rs 6000/-
Salary paid to Employee Rs 3500/-
Building purchased Rs 50,000/-
Computer purchased from Raju on credit Rs 30,000/-
Sold goods for cash Rs 40,000/-
Sold Computers on credit to jyoti computers center Rs 60,000/-
Return Goods by jyoti Computers center Rs 5000/-
Rent due Rs 2000/-
Aug-05
Sold goods Suresh on credit Rs 65,000/-
Discount allowed to suresh Rs 5000/-
Purchased Computer from ISCT Computer Center Rs 80,000/-
Discount earned from ISCT Computer center Rs 10,000/-
Cash Received from jyoti Computers Center Rs 20,000/-
Telephone bill paid Rs 3000/-
Electricity bill due Rs 1000/-
Sold goods for cash Rs 1,00000/-
Paid for postage Rs 3000/-
Tea Exp Rs 200/-
Sold goods on credit to shiva Rs 50,000/-
Salary Due Rs 2000/-
Rent paid which was due on 30-7-2005 Rs 2000/-
Rent paid for the month Rs 2000/-
Cash Sales Rs 2,00000/-
Exercise (3)
Apr-05
Mr G.J Started the business with capital of Rs 25,00000/-
Brought goods for cash Rs 1,00000/-
Wages paid Rs 1000/-
Furniture purchased Rs 50,000/-
Purchase Shares of Indian Co. Rs 20,000/-
Sold goods for cash Rs 150,000/-
Sold goods on credit to Rahul Rs 50,000/-
Taken loan from Suresh Rs 5,00000/-
Salary Due Rs 4000/-
Telephone bill paid Rs 2000/-
Stationery Exp Rs 1500/-
Rent paid Rs 2000/-
Sold goods on credit to Ramesh Rs 50,000/-
Discount allowed to Ramesh Rs 2000/-
Return goods by Ramesh Rs 5000/-
Purchased goods for cash Rs 10,000/-
With drawn cash for domestic purpose Rs 6000/-
May-2005
Cash Received from Rahul Rs 10,000/-
Brought goods from Gopi on credit Rs 2,00000/-
Discount Earned from Gopi Rs 10,000/-
Furniture lost by fire Rs 5000/-
Interest paid on loan taken from suresh Rs 2000/-
Salary paid which was due Earlier Rs 4000/-
Sold goods on credit to kailash Rs 3,20,000/-
Discount allowed to kailash Rs 15,000/-
Opened saving Bank a/c in SBI with cash for Rs 1,00000/-
Building purchased with Rs 2,00000/-
Salary paid by Cq Rs 4000/-
Goods withdrawn by owner at cost price Rs 10,000/- for his personal use
Cash withdrawn from bank for office use Rs 20,000/-
Paid for Advertisement Rs 2500/-
Rent Due Rs 2000/-
Exercise (4)
Mr sharma , varma , and gupta started partnership with following
Capital sharma Rs 100000/- Varma Rs 1,00000/-,Gupta Rs50,000/-
Purchased goods on credit from M/s Shastri Trading co, Rs 50,000/-
octori paid Rs1000/-
Wages due Rs 3000/-
Frniture parchased Rs 10,000/-
Sold goods for cash Rs 60,000/-
Return goods to M/s Shastri trading Co Rs 5000/-
Opened bank A/c in SBI bank with Rs 50,000/-
Brought Machinery with Rs 15,000/-
Sold goods M/s Shravan Traders Rs100000/-
Carriage paid Rs 2000/-
Cash withdrawn by parteners for domestic use
Sharma Rs 10,000/-
Varma Rs 30,000/-
Gupta Rs 5000/-
Purchased goods from M/s pradeep Entreprises Rs 50,000/-
Rant paid Rs1500/-
Discount paid Rs 1000/-
Commission received Rs 3000/-
Cash sales Rs 50,000/-
Computer purchased Rs 50,000/-
Paid for advertisement RS 3,500/-
Cash introduced by partners as Additional capital Sharma Rs 50,000/- Varma
Rs1,00000/-
Return goods to M/s pradeep enterprises Rs 2000/-
Machinery sold for cash Rs 3500/-
Salary paid Rs3000/-
Telephone bill paid Rs 2000/-
Cash sales rs 2,00000/-
Exercise (5)
Venkantramana started business with the following
Cash in hand 10,000/-
Cash at Bank 20,000/-
Furniture 5000/-
Building 50,000/-
Brought goods from sharma Rs 2000/-
Sold goods to rajesh for cash Rs 3000/-
Withdrawn Cash from office for personal use Rs 1000/-
Paid advance income tax Rs 1,500/-
Sold goods to Srinath on account Rs 3000/-
Paid carriage on goods sold to srinath on his account Rs 100/-
Brought goods from rahul on credit Rs 5000/-
Return goods to rahul Rs 200/-
Paid salary to balram the manager Rs 500/-
Received from raju advance for goods Rs 3000/-
Paid parashuram cash in lieu of a cheque Rs 1000/-
Paid into bank the cheque received from parashuram Rs 1000/-
Bank charges charged by banker Rs 50/-
Bank allowed interest on deposit Rs 100/-
Received from Rajesh One hundred rupee note and gave him change for it Rs
100/-
Paid life insurance premium Rs 200/-
Acquired from Rajaram a motor car in exchange for cash of Rs 2000/- & a
cheque Rs 5000/-
Transferred from the bank account of the business to the personal bank account
of the ventkataramana Rs 2000/-
Investor in NSC Rs 1000/-
Paid rent to raghuram the landlord Rs 300/-
Brought a machinery fro rajendra on credit Rs 10,000/-
Exercise (6)
Arjun commenced business with capital Rs 1,00000/-
Purchased goods foe cash Rs 30,000/-
Wages paid Rs 200/-
Furniture purchased for cash Rs 5000/-
Building purchased for cash Rs 10,000/-
Rent paid Rs 500/-
Salary due to M Rs 1000/-
Sold goods for cash Rs 50,000/-
Commission Received Rs 1000/-
Purchased Shares of Tata Company Rs 10,000/-
Sold goods to rakesh on credit Rs 30,000/-
Purchased goods from somesh Rs 25,000/-
Loan taken from somesh Rs 50,000/-
KEB bill paid Rs 700/-
Pooja expenses 800/-
Return goods to suresh Rs 5000/-
Cash withdraw by owner for personal use Rs 6000/-
Cash Sales Rs 20,000/-
Telephone bill due to kiran hot lines Rs 2000/-
Purchased goods on credit from sokesh Rs 20,000/-
Sold goods on credit to satish Rs 50,000/-
Goods return satish Rs 5000/-
Cash received from satish Rs 20,000/-
Motor car purchased Rs 10,000/-
Cash Sales Rs 10,000/-
Cash purchased Rs 20,000/-
Freight charges paid Rs 2000/-
Discount received Rs 2,500/-
Discount paid Rs 3,500/-
Exercise (7)
Mr. Vinay started business with a cash of Rs 50,000/-
Furniture Rs 1,00000/-
Loan taken from Rajesh Rs 50,000/-
Brought goods on credit from Riya worth Rs 60,000/-
Cash purchase Rs 20,000/-
Freight Expenses paid Rs 2000/-
Wages due Rs 1000/-
Machinery purchased Rs 70,000/-
Sold furniture on credit to satish Rs 20,000/-
Goods returned to Riya Rs 10,000/-
Sold goods on credit to kunal Rs 50,000/-
Cash Sales Rs 70,000/-
Goods returned by kunal Rs 5000/-
Salary paid Rs 5000/-
Wages paid which was due earlier Rs 1000/-
Withdrawn furniture at cost price Rs 2000/- & cash Rs 3000/- for personal use.
Machinery lost by fire Rs 10,000/-
Paid for advertisement Rs 1000/-
Paid for postage Rs 700/-
Commission received Rs 2000/-
Sold goods on credit to Anand worth of Rs 10,000/-
Discount allowed to Anand Rs 1000/-
Purchased goods on credit from shiva Rs 15,000/-
Discount earned from shiva worth Rs 2000/-
Purchase Shares of Birla Co Rs 10,000/-
Opened bank a/c in SBI with a cash of Rs 15,000/-
Telephone bill due Rs 2000/-
Rent paid Rs 2000/-
Cash Sales Rs 50,500/-
Purchased goods from Rohit on credit worth Rs 25,000/-
Sundry exp Rs 2000/-
Sold goods for cash Rs 1,00000/-
Exercise (8)
Mr. Raj started business with cash Rs 5,00000/-
Machinery Rs 1,00000/-
Furniture Rs 2,50,000/-
Motar Car Rs 50,000/-
Opened current a/c in Canara Bank Rs 2,00000/-
Purchased goods for cash Rs 10,000/-
Freight charges paid Rs 3500/-
Purchased furniture on credit from Govind Rs 10,000/-
Salary due Rs 2000/-
Rent paid Rs 1500/-
Building purchased for cash Rs 60,000/-
Purchased Debentures of ABB Co Rs 10,000/-
Goods withdrawn by Mr Raj at cost price Rs 5000/-
Sold goods on credit to kabir Rs 60,000/-
Purchased goods on credit from kunal Rs 1,00000/-
Goods return by kadir Rs 10,000/-
Discount allowed to kabir Rs 1000/-
Received bills received from mohit Rs 1500/-
Salary paid which was due earlier Rs 2000/-
Cash Sales Rs 10,000/-
Cash Purchased Rs 50,000/-
Furniture lost by fire Rs 2000/-
Repairs to motar car Rs 2000/-
Paid for advertisement Rs 2400/-
Octroi paid Rs 1500/-
Sold goods on credit to mohit Rs 1,50,000/-
Exercise (9)
Mr. hemanth started business with a capital Rs 2,50,000/-
He brought goods for cash Rs 1,00000/-
Wages paid Rs 1000/-
Furniture purchased Rs 5,00000/-
Purchased shares of Asian co Rs 20,000/-
Sold goods for cash Rs1,50,000/-
Sold goods on credit to Rahul Rs 50,000/-
Loan taken from Arshad Rs 5,00000/-
Salary due Rs 4000/-
Tele phone bill paid Rs 2000/-
Stationary exp Rs 1,500/-
Rent paid Rs 2000/-
Sold goods on credit to samual Rs 50,000/-
Discount allowed to samual Rs 2000/-
Sales return by samual Rs 5000/-
Purchase goods for cash Rs 10000/-
Cash withdrawn for personal use by owner Rs 6000/-
Cash received from Rahul Rs 10,000
Brought goods from Bhuvan on credit Rs 2,00000
Discount earned from Bhavan Rs 10,000/-
Furniture lost by fire Rs 5000/-
Interest paid on loan taken from Arshad Rs 2000/-
Salary paid which was due earlier Rs 4000/-
Sold goods on credit to kamal Rs 3,20,000
Discount allowed to kamal Rs 15,000/-
Opened saving Bank a/c in SBH with cash of Rs 1,00000/-
Purchased Building Rs 2,00000/-
Salary paid by Cheque Rs 4000/-
Goods withdrawn by owner at cost price Rs 10,000/- for his personal use
Cash withdrawn from Bank for office use Rs 20,000/-
Paid for advertisement Rs 2,500/-
Rent due Rs 2000/-
Exercise (10)
Mr. Rahul commenced business with a capital Rs 1,00000/-
Opened Bank a/c with cash of Rs 30,000/-
Purchased goods from Sohail on credit Rs 14,000/-
Sold goods to prashant on credit Rs 20,000/-
Return goods to Sohail Rs 1000/-
Return goods by prashant Rs 2000/-
Received cash on a/c from prashant Rs 15,000/-
Paid cash on a/c to sohail Rs 2000/-
Cash Sales Rs 50,000/-
Cash purchased Rs 15,000/-
Loan taken from Sudhir Rs 10,000/-
Sold goods on credit to Sanjay Rs 30,000/-
Cash withdrawn from Bank for office use Rs 5000/-
Cheque received from Sanjay on a/c Rs 10,000/-
Paid for advertisement Rs 500/-
Rent paid Rs 1500/-
Salary due Rs 1800/-
Telephone bill paid Rs 500/-
Commission received Rs 2000/-
Electricity bill paid Rs 400/-
Cash purchase Rs 40,000/-
Cash Sales Rs 50,000/-
NSC Bonds purchased Rs 3000/-
Motor Car purchased for office use Rs 10,000/-
LEDGER ENTRY
Arjun A/c
Capital
Purchase A/c
Purchase
Wages A/c
Direct exp
Furniture A/c
Fixed assets
Building A/c
Fixed assets
Rent A/c
Direct exp
Salary Due A/c
Indirect exp
Sales A/c
Sales A/c
Commission Received A/c
Indirect income
Tata company A/c
S, debitors
Rakesh A/c
S, creditors
Somesh A/c
S, debitors
Loan taken A/c
Bank A/c
K E B bill A/c
Direct exp
Pooja expenses A/c
Direct exp
Return goods A/c
Indirect exp
Drawings A/c
Bank A/c
Sales A/c
Sales A/c
Telephone bill due A/c
Indirect exp
Telephone billA/c
Direct exp
Sokesh A/c
S,debitors
Satish A/c
S, creditors
Goods return A/c
Indirect exp
Cash Received A/c
Indirect income
Motor car A/c
Fixed assets
Sales A/c
Sales A/c
Purchase A/c
Purchase A/c
Freight Charges A/c
Direct exp
Discount received A/c
Indirect income
Discount paid
Direct exp
PROBLEM 06
VOUCHER ENTRY HEAD
Arjun A/c (F6)
Cash
Purchase A/c (F9)
Purchase
Wages A/c (F5)
Cash
Furniture A/c (F5)
Cash
Building A/c (F5)
Cash
Rent A/c (F5)
Cash
Salary due A/c (F7)
Salary A/c
Sales A/c (F8)
Sales A/c
Commission Received A/c (F6)
Cash
Ta Ta company A/c F9
Purchase
Rakesh A/c F8
Sales A/c
Somesh A/c F9
Purchase
Loan Taken A/c F4
Bank A/c
K E B bill A/c F5
Cash
Pooja exp A/c F5
Cash
Return goods A/c F7
Suresh
Drawing A/c F4
Bank A/c
Sales A/c F8
Sales A/c
Telephone bill due A/c F7
Telephone bill A/c
Sokesh A/c F9
Purchase
Satish A/c F8
Sales A/c
Goods Return A/c F7
Satish
Cash Recevied A/c F6
Cash
MotorCar A/c F5
Cash
Sales A/c F8
Sales A/c
Purchase F9
Purchase
Freight A/c F5
Cash
Discount received A/c F6
Cash
Discount paid A/c F5
Cash
LEDGER ENTRY
Arjun A/c
Capital
Purchase A/c
Purchase
Wages A/c
Direct exp
Furniture A/c
Fixed assets
Building A/c
Fixed assets
Rent A/c
Direct exp
Salary Due A/c
Indirect exp
Sales A/c
Sales A/c
Commission Received A/c
Indirect income
Tata company A/c
S, debitors
Rakesh A/c
S, creditors
Somesh A/c
S, debitors
Loan taken A/c
Bank A/c
K E B bill A/c
Direct exp
Pooja expenses A/c
Direct exp
Return goods A/c
Indirect exp
Drawings A/c
Bank A/c
Sales A/c
Sales A/c
Telephone bill due A/c
Indirect exp
Telephone billA/c
Direct exp
Sokesh A/c
S,debitors
Satish A/c
S, creditors
Goods return A/c
Indirect exp
Cash Received A/c
Indirect income
Motor car A/c
Fixed assets
Sales A/c
Sales A/c
Purchase A/c
Purchase A/c
Freight Charges A/c
Direct exp
Discount received A/c
Indirect income
Discount paid
Direct exp
PROBLEM 06
VOUCHER ENTRY HEAD
Arjun A/c (F6)
Cash
Purchase A/c (F9)
Purchase
Wages A/c (F5)
Cash
Furniture A/c (F5)
Cash
Building A/c (F5)
Cash
Rent A/c (F5)
Cash
Salary due A/c (F7)
Salary A/c
Sales A/c (F8)
Sales A/c
Commission Received A/c (F6)
Cash
Ta Ta company A/c F9
Purchase
Rakesh A/c F8
Sales A/c
Somesh A/c F9
Purchase
Loan Taken A/c F4
Bank A/c
K E B bill A/c F5
Cash
Pooja exp A/c F5
Cash
Return goods A/c F7
Suresh
Drawing A/c F4
Bank A/c
Sales A/c F8
Sales A/c
Telephone bill due A/c F7
Telephone bill A/c
Sokesh A/c F9
Purchase
Satish A/c F8
Sales A/c
Goods Return A/c F7
Satish
Cash Recevied A/c F6
Cash
MotorCar A/c F5
Cash
Sales A/c F8
Sales A/c
Purchase F9
Purchase
Freight A/c F5
Cash
Discount received A/c F6
Cash
Discount paid A/c F5
Cash
PROBLEM (7)
Ledger Entry
Mr. Vinay A/c
Capital
Furniture A/c
Fixed Asset
Loan taken Rajesh A/c
Bank A/c
Riya A/c
Sundry debtor
Purchase A/c
Purchase
Freight A/c
Direct Exp
Wages Due A/c
Indirect Exp
Wages A/c
Direct Exp
Machinery A/c
Fixed Asset
Satish A/c
Sundry Creditor
Goods return A/c
Indirect Exp
Kunal A/c
Sundry Creditor
Sales A/c
Sales A/c
Salary A/c
Direct Exp
Drawing A/c
Bank A/c
Machinery Lost A/c
Indirect Exp
Advertisement A/c
Direct Exp
Postage A/c
Direct Exp
Commission Received A/c
Indirect Income
Anand A/c
Sundry Creditor
Discount Allowed A/c
Indirect Exp
