Tally Journalize transactions

 

Journalize the following transactions

 

1.      Commenced business with cash Rs.10, 000.                               

2.      Deposit into bank Rs. 15,000                                                      

3.      Bought office furniture Rs.3,000                                                

4.      Soled goods for cash Rs.2,500                                        

5.      Purchased goods form Mr X on credit Rs.2,000

6.      Soled goods to Mr Y on credit Rs.3,000

7.      Received cash form Mr. Y on account Rs.2,000

8.      Paid cash to Mr X Rs. 1,000

9.      Received commission Rs. 50

10.  Received interest on bank deposit Rs. 100

11.  Paid into bank Rs. 1,000

12.  Paid for advertisement Rs.500

13.  Purchased goods for cash Rs. 800

14.  Sold goods for cash Rs. 1,500

15.  Paid salary Rs. 500

 

Gateway of tally-Account info-Ledger-Create

Gateway of tally – Accounting voucher

Sl.No	Key	Voucher	Ledger	Group	Type of account	Principles	Amount
1	F6	Receipt	Cr. Capital	Capital account	Personal	Giver	10,000
			Dr. Cash	Cash in hand	Real	Comes in	10,000
2	F4	Contra	Cr. Cash	Cash in hand	Real	Goes out	15,000
			Dr. Bank	Bank account	Real	Comes in	15,000
3	F5	Payment	Dr. Office furniture	Fixed asset	Real	Comes in	3,000
			Cr. Cash	Cash in hand	Real	Goes out	3,000
4	F8	Sales	Dr. Cash	Cash in hand	Real	Comes in	2,500
			Cr. Sales	Sales account	Real	Goes out	2,500
5	F9	Purchase	Cr. X	Sundry creditor	Personal	Giver	2,000
			Dr. purchase	Purchase account	Real	Comes in	2,000
6	F8	Sales	Dr. Y	Sundry debtors	Personal	Receiver	3,000
			Cr. Sales	Sales account	Real	Goes out	3,000
7	F6	Receipt	Cr. Y			Giver	2,000
			Dr. cash	Cash in hand	Real	Comes in	2,000
8	F5	Payment	Dr. X			Receiver	1,000
			Cr. Cash	Cash in hand	Real	Goes out	1,000
9	F6	Receipt	Cr. commission	Indirect income	Nominal	Credit all income	50
			Dr. cash	Cash in hand	Real	Comes in	50
10	F6	Receipt	Cr. Interest on bank deposit	Indirect income	Nominal	Credit all income	100
			Dr. Bank	Bank account	Real	Comes in	100
11	F4	Contra	Cr. Cash	Cash in hand	Real	Goes out	1,000
			Dr. Bank	Bank account	Real	Comes in	1,000
12	F5	Payment	Dr. Advertisement	Indirect expenses	Nominal	Debit all expenses	500
			Cr. Cash	Cash in hand	Real	Goes out	500
13	F9	Purchase	Cr. Cash	Cash in hand	Real	Goes out	800
			Dr. purchase Cr cash	Purchase account	Real	Comes in	800
14	F8	Sales	Dr. cash	Cash in hand	Real	Comes in	1,500
			Cr. Sales	Sales account	Real	Goes out	1,500
15	F5	Payment	Dr. salary	Indirect expense	Nominal	Debit all expenses	500
			Cr. Cash	Cash in hand	Real	Goes out	500

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Journalize the following Transactions using the debit and credit given     by the American accounts

 1.  Commenced business with cash                                                    10,000

2.  Deposited into bank                                                                        5,000

3.   Purchased goods for cash                                                               3,000

4.   Sold goods for cash                                                                        2,500

5.   Purchased goods from A on credit                                                 4,000

6.   Sold goods to B on credit                                                                  4,500

7.   Withdraw from bank                                                                      3,000

8.   Paid A on account                                                                                      2,000

9.    Received from B on account                                                          2,500

10. Took loan from C                                                                              5,000          

11. Gave loan to D                                                                                  4,000

12. Paid salary                                                                                         1,000

13. Cash withdraw from the business for personal use                  200

Ledger	Group
Capital	Capital Account
Cash	Cash in hand
Bank	Bank account
Purchase	Purchase account
Sales	Sales account
A	Sundry creditor
B	Sundry debtor
C	Sundry creditor
D	Sundry debtor
Salary	Indirect expenses
Drawings	Capital account
Rent	Indirect expenses

14. Rent paid to E                                                                                    1,000

 

 

 

 

 

 

 

 

 

 

 

Rakesh  and company

 

1.         Started business with cash Rs. 2,000, Bank Rs. 20,000.

2.           Issued cheque for goods purchased Rs. 1,000.

3.            Bought goods for cash  Rs.8,000.

4.           Bought furniture from Anil for cash Rs.100.

5.            Bought goods from harish Rs. 1,500.

6.            Bought goods from chandan on credit Rs. 5,800.

7.            Returned damaged goods to Chandan Rs.800.

8.            Bought goods from Naveen and paid by cheque immediately Rs.400.

9.            Sold goods to Guptha Rs. 1,000.

10.                       Received a cheque from Guptha Rs.1,000 for goods sold.

11.                       Paid commission Rs.2,000.

12.                       Paid wages by cheque Rs.4,000.

13.                       Draw cheque for personal use Rs.4,000.

14.                       Draw cash for personal use from bank Rs.3,000.

15.                       Receive a cheque from Manju Rs.2,800.

16.                       Borrow loan from Anands Rs.1,000.

17.                       Paid Anands Loan with interest Rs.1,000.

 

 

Ledger	Group
Capital	Capital account
Bank	Bank account
Purchase	Purchase account
Anil	Sundry Creditor
Chandan	Sundry Creditor
Harish	Sundry Creditor
Purchase return	Purchase account
Naveen	Sundry Creditor
Sales	Sales account
Guptha	Sundry debetor
Commission	Indirect expenses
Wages	Direct expenses
Drawings	Capital account
Manju	Sundry Creditor
Anand	Sundry Creditor

 

 

Haridas and company

 

1.Started business with cash Rs.10,000,furniture Rs.4,000 and machinery Rs.5,000.

2.Bought goods from Anil on credit Rs. 4,000 and for cash Rs.5,000.

3.Sold goods to Rajesh on credit Rs.5,000 and for cash Rs.3,000.

4. Bought goods from Arun Subject to trade discount of 2% of Rs.2,000.

5. Sold goods to Ramesh subject to trade discount of 5% of Rs.4,000.

6. Paid salary Rs.1,000, printing Rs.150 and wages rs.100.

7.Received rent Rs.500, commission Rs.400.

8. Received a cheque from Ganesh Rs.1,000.

 

Ledger	Group
Capital	Capital account
Furniture	Fixed asset
Machinery	Fixed asset
Purchase	Purchase account
Anil	Sundry Creditor
Sales	Sales account
Rajesh	Sundry debtor
Arun	Sundry creditor
Ramesh	Sundry debtor
Salary	Indirect expenses
Printing	Indirect expenses
Wages	Direct expenses
Rent	Indirect expenses
Commission	Indirect expenses
Ganesh	Sundry creditor
Trade discount	Indirect expenses

 

 

 

 

 

 

 

Memorandum book Particulars

1.    Commenced business with cash Rs. 10,000.

2.    Purchased goods for cash Rs.3,000.

3.    Opened a bank  account with Rs.2,000.

4.    Purchased stationary Rs.1,00.

5.    Purchased furniture Rs.1,000.

6.    Sold goods to A Rs.2,000.

7.    Purchased goods from B Rs.2,000.

8.    Sold goods for cash Rs.1,000.

9.    Paid for postage Rs.20.

10.           Took loan from C Rs.1,500.

11.           Paid rent Rs.300.

12.           Withdraw from bank Rs.800.

13.           Received from A on account Rs.500.

14.           Paid commission by cheque Rs.200.

 

Ledger	Group
Capital	Capital account
Purchase	Purchase account
Bank	Bank account
Purchase	Purchase account
Stationary	Indirect expenses
Furniture	Fixed asset
Sales	Sales account
A	Sundry debtor
B	Sundry Creditor
Potage	Indirect expenses
C	Sundry Creditor
Rent	Indirect expenses
Commission	Indirect expenses

 

 

Roa and company

 Particulars                                                                    Rs.

 1. Bought goods for cash                                            2,500

2. Bought office furniture for cash                               500

3. Paid for postage                                                            10

4. Purchased goods from Rajkamal                           2,000

5. Sold goods for cash                                                    150

6. Bought goods from Rahim                                        400

7. Sold goods to Suresh                                                 400

8. Sold goods to Nayak                                                  250

9. Purchased goods for cash                                          400

10. Recevied cash from Nayak                                      200

11. Paid cash to Rahim                                                     50

12.  Returned goods to Ralkamal                                  200

13. Suresh returned goods                                               50

14. Paid salary                                                                150

15. Sold goods for cash                                                 500

16. Rao withdraw for his personel use                         800

17. Paid for stationery                                                    100

18. Paid rent                                                                      50

19. Received commission                                              225

  

Ledger	Group
Capital	Capital account
Purchase	Purchase account
Postage	Indirect expenses
Rajkamal	Sundry Creditor
Sales	Sales account
Rahim	Sundry Creditor
Suresh	Sundry Debtor
Nayak	Sundry Debtor
Purchase returns	Purchase account
Salary	Indirect expenses
Drawings	Capital account
Stationary	Indirect expenses
Rent	Indirect expenses
Commission	Indirect income