Tally Practice Exercise
1. Ashok starts business with Rs. 100000/-
2. Purchase machinery for Rs. 50000/- and furniture for Rs. 10000
3. Paid amount for rent Rs. 1000/-
4. Deposits Rs. 10000/- in Bank
5. Purchase of goods for Rs. 20000/- from Mr. Ram on credit.
6. He sold goods to Mr. Rakesh for Rs. 10000/-
7. Rs. 5000/- withdraws from bank for personal use.
8. Withdraws Rs. 1000/- for office use.
9. Receive cash from Mr. Rakesh.
10. Paid to Mr.Ram
11. He opns a SBI saving bank account and deposite Rs.20,000/-
12. Bought frnitute for Rs. 5,000, machinery for Rs 10,000
13. Purchase good for Rs. 14,000.
14. Sold good for Rs. 8,000
15. Purchase goods from Malhotra & company for Rs. 11,000.
16. Paid telephone rent for the year by Cheque Rs 500
17. Bought one typewriter from 2,100 form ‘Universal typewriter Co’ .on credit.
18. sold goods to Keshav Ram for Rs. 12,000.
19. Sold goods to Rajesh Kumar for Rs. 2000 cash
20. Amount withdrawn from bank for personal use Rs. 1,000.
21. Receive cash from Keshav ram Rs. 11,900 and discount allowed Rs. 100.
22. Paid into Bank Rs. 5.800.
23. Bought one shares in X Y & Co Ltd At Rs 60 per share brokerage Rs 20.
24. Goods worth Rs. 1,000 found defective were returned to Malhotra & Co. and balance of the amount
due to them settled by issuing a cheque in their favour
25. Suresh returned goods worth Rs. 100, which in turn were sent Ramesh
26. issued a cheque for Rs. 1000 in favour of landlord for rent for April.
27. Paid salaries to staff Rs 1,500
28. Received Rs 200 From travelling salesman for goods sold by him, travelling expenses Rs 100.
