Tally 2024

Q1. Create a company as “ABC Ltd”. The company is located in Kolkata in India. It is
registered as a Regular GST party vide GSTIN 19PKXTA4243T1ZU.

Q2. Create following ledgers for the above mentioned company [related key words: Asset,
Liablitiy] :-

Ledger Debit Credit

Capital 70,00,000
Loan from Mr X 5,00,000
Machinery 30,00,000
Furniture 10,00,000
Car 12,00,000
Advance for new Office 1,00,000
Cash 3,00,000
State Bank of India 23,04,000
Rent Payable 50,000
Electricity Bill 10,000
Outstanding Wages 1,50,000
Sundry Creditors 8,02,000
Sundry Debtors 9,00,000
Drawings 9,000
Advertisement 70,000
TDS Payable 2,000
Shares of HDFC Bank 1,05,000
Stock in Hand 96,000
10% Debenture 90,000
Loans 5,00,000
Total 90,94,000 90,94,000

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