Tally Practice Questions
Below are some practice questions for making entries in Tally. Use these scenarios to test your
skills in handling various types of transactions.
1. Mr. Rajesh purchased office furniture worth Rs. 20,000 on credit from ABC Furnitures on 1st April
2023. Record this transaction in Tally.
2. On 5th April 2023, Mr. Verma paid Rs. 10,000 as office rent through cheque from his HDFC Bank
account. Make the necessary entry in Tally.
3. Mr. Sharma sold goods worth Rs. 15,000 to M/s XYZ Traders on 10th April 2023. The payment
was received in cash. Record this sales transaction in Tally.
4. ABC Ltd. borrowed a loan of Rs. 1,00,000 from SBI Bank on 15th April 2023. The amount was
directly credited to the company's SBI account. Make an entry in Tally.
5. A machine worth Rs. 50,000 was purchased on 20th April 2023 for office use. The payment was
made via cheque from the State Bank of India account. Record this as an asset in Tally.
6. Mr. Roy received an interest income of Rs. 5,000 from his investments on 25th April 2023. The
amount was credited to his bank account. Make an entry for this income in Tally.
7. On 28th April 2023, stationery worth Rs. 2,000 was purchased for office use and paid in cash.
Record this expense in Tally.
8. Mr. Kumar withdrew Rs. 15,000 from his business bank account for personal use on 30th April
2023. Make the necessary drawing entry in Tally.