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  • Tally Exercise 002

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    Karthick Kumar
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    1. Akshara Business Services was created with a PAN and GST number, with capital of Rs. 5,00,000 in cash and Rs. 2,00,000 from a bank. Rent and travel expenses were paid in cash. 2. Various expenses such as stationery, electricity, and salaries were paid either in cash or through the bank to employees and vendors. 3. Stock items including laptops, desktops, monitors, mice, and keyboards were added to inventory with purchase and selling prices. 4. Credit purchases were made from multiple vendors and credit sales to customers were made. 5. Various documents were checked including GST returns, balance sheets, profit

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    1. Akshara Business Services was created with a PAN and GST number, with capital of Rs. 5,00,000 in cash and Rs. 2,00,000 from a bank. Rent and travel expenses were paid in cash. 2. Various expenses such as stationery, electricity, and salaries were paid either in cash or through the bank to employees and vendors. 3. Stock items including laptops, desktops, monitors, mice, and keyboards were added to inventory with purchase and selling prices. 4. Credit purchases were made from multiple vendors and credit sales to customers were made. 5. Various documents were checked including GST returns, balance sheets, profit

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    © All Rights Reserved
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    36 views3 pages

    Tally Exercise 002

    Uploaded by

    Karthick Kumar
    1. Akshara Business Services was created with a PAN and GST number, with capital of Rs. 5,00,000 in cash and Rs. 2,00,000 from a bank. Rent and travel expenses were paid in cash. 2. Various expenses such as stationery, electricity, and salaries were paid either in cash or through the bank to employees and vendors. 3. Stock items including laptops, desktops, monitors, mice, and keyboards were added to inventory with purchase and selling prices. 4. Credit purchases were made from multiple vendors and credit sales to customers were made. 5. Various documents were checked including GST returns, balance sheets, profit

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 3

    1.

    Create a Company “Akshara Business Services”, PAN No:


    AAACA7487Q and GST No: 33AAACA7487Q1Z3
    2. Capital Introduced to Business through Cash 5,00,000 and through
    Indian Bank 2,00,000
    3. Rent Paid through Cash Rs. 15,000 and Travelling Allowance Paid
    through Cash Rs. 900
    4. Cash Deposited into Bank Rs. 25,000
    5. Conveyance – Rs. 450, Electrical Fittings – 890 and Office
    Maintenance – Rs. 12,000 paid through cash
    6. Stationary – Rs. 12000, EB Charges – 25,890 and Misc Expenses –
    Rs. 2,000 paid through Indian Bank
    7. Salary paid through Cash to Kumar 10,000, Ravi – 10,000, Shobana
    – 12,000, DeviKala – 12,000
    8. Salary paid through Indian Bank to Prasad – 12,000, Ravi Chandran
    – 10,000, Fathima Begum – 12,000
    9. Create the Stock Item
    Sno Stock Item Unit Purchase Selling Rate
    Price Price
    A Laptop Nos 27000 38000 5%
    B Desktop CPU Nos 19000 25000 12%
    C Dell Monitor Nos 7000 9000 18%
    D Dell Mouse Nos 750 1200 28%
    E Logitech Keyboard Nos 750 1200 0%
    10. Credit Purchase from SUPREME POLY PACK, Tamil Nadu, GST
    No: 33ACEFS6542D1ZC A) 50 B) 40 C) 30
    11. Credit Purchase from RAJAM PLASTO PACK, Tamil Nadu, GST
    No: 33AAVFR5762K1ZH D) 100 E) 100
    12. Credit Purchase from MURUGAN PLASTICS, Pondicherry, GST
    No: 34ALZPG4033D1Z7 A) 50 B) 40 C) 30
    13. Credit Purchase from VINAYAKA PLASTICS, Tamil Nadu, GST
    No: 33EPKPS6795P1ZM A) 100 B) 100 C) 100 D) 100
    E)100
    14. Credit Purchase from TRIMURTI POLYCHEM PVT.LTD,
    Karnataka, GST No: 29AAACT5410E1ZN A) 100 B) 100 C)
    100 D) 100 E)100
    15. Credit Sales – Sold to ADINATH ENTERPRISES, Tamil Nadu, GST
    No: 33ADZPK7617B1ZE A) 40 B) 30 C) 40 D) 50 E)
    70
    16. Credit Sales – Sold to BHAVESH METAL, Gujarat, GST No:
    24AIIPM0215B1Z1 A) 50 B) 40 C) 50 D) 60 E)
    60
    17. Credit Sales – Sold to MADHA INDUSTRY, Tamil Nadu, GST No:
    33BURPA4861M1Z9 A) 40 B) 50 C) 30 D) 70 E)
    50
    18. Credit Sales – Sold to RAJHANS STEEL, Tamil Nadu, GST No:
    33AAFPK8987KIZ2 A) 40 B) 50 C) 30 D) 70 E)
    50
    19. Credit Sales – Sold to SIVA SHAKTHI, Tamil Nadu, GST No:
    33AVZPP4431C1ZG A) 40 B) 50 C) 30 D) 70 E)
    50
    20. Check the Check the GST Returns
    a. GSTR-1
    b. GSTR-2
    c. GSTR-3B
    21. Check the Balance Sheet, Profit / Loss Statement and Trial
    Balance
    22. Check the Day Report
    23. Check the Stock Summary
    24. Check the Outstanding Payables and Receivable – Party Wise
    List
    25. Check the Balance Sheet, Profit / Loss Statement and Trial
    Balance
    26. Check the Day Report
    27. Check the Stock Summary

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