29061712 tally assignment
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8/4/2019 29061712 Tally Assignment
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Journal Entries
DATE PARTICULARS L.F. DEBIT CREDIT
Apr 1 Cash A/c Dr 20,00,00
0
To Capital A/c 20,00,000
(Being business started with cash)
.
Apr 2 SBI A/c Dr. 10,00,000
To Cash A/c 10,00,000
(Being cash deposited in State Bank of India)
Apr 3 PNB A/c Dr. 5,00,000
To Cash A/c 5,00,000
(Being cash deposited in Punjab National Bank)
Apr 4 Furniture A/c Dr. 1,00,000
To SBI A/c 1,00,000
(Being furniture purchased and payment made by cheque)
Apr 5 Machinery A/c Dr. 1,50,000To Tarun’s A/c 1,50,000
(Being machinery purchased from Tarun)
Apr 6 Purchase A/c Dr. 50,000
To Harish’s A/c 50,000
(Being goods purchased from Harish)
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DATE PARTICULARS L.F. DEBIT CREDIT
Apr 7 Jai’s A/c Dr. 2,00,000To Sales A/c 2,00,000
(Being goods sold to Jai)
Apr 8 Harish’s A/c Dr. 1,000
To Purchase Return A/c 1,000
(Being goods returned to Harish)
Apr 9 Harish’s A/c Dr. 49,000
To Discount Received A/c 4,000
To Cash A/c 45,000
(Being cash paid to Harish in full settlement of his account and discount received)
Apr 10 Sales Return A/c Dr. 10,000
To Jai’s A/c 10,000
(Being goods returned by Jai)
Apr 11 PNB A/c Dr. 1,80,000
Discount Allowed A/c Dr. 10,000
To Jai’s A/c 1,90,000(Being cash paid by Jai in full settlement of his account and discount allowed)
Apr 12 Purchase A/c Dr. 30,000
To Cash A/c 30,000
(Being goods purchased for cash)
Apr 13 SBI A/c Dr. 1,00,000
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DATE PARTICULARS L.F. DEBIT CREDIT
To Sales A/c 1,00,000
(Being goods sold and payment received by cheque)
Apr 14 Naman’s A/c Dr. 20,000
To Sales A/c 20,000
(Being goods sold to Naman)
Apr 15 Naman’s A/c Dr. 1,000
To Interest Received A/c 1,000
(Being interest charged on Naman for late payment)
Apr 16 Cash A/c Dr. 21,000
To Naman’s A/c 21,000
(Being cash paid by Naman in full settlement of his account)
Apr 17 Salary A/c Dr. 60,000
To PNB A/c 60,000
(Being salary paid by cheque)
Apr 18 Rent A/c Dr. 7,000
To Cash A/c 7,000(Being rent paid by cash)
Apr 19 Wages A/c Dr. 15,000
To Cash A/c 15,000
(Being wages paid)
Apr 20 Carriage Inward A/c Dr. 6,000
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DATE PARTICULARS L.F. DEBIT CREDIT
To Cash A/c 6,000
(Being carriage inward paid)
Apr 21 Carriage Outward A/c Dr. 7,500
To Cash A/c 7,500
(Being carriage outward paid)
Apr 22 Cash A/c Dr. 20,000
To SBI A/c 20,000
(Being cash withdrawn from State Bank of India)
Apr 23 Drawings A/c Dr. 4,000
To Cash A/c 4,000
(Being cash withdrawn by proprietor for personal use)
Apr 24 Union Bank A/c Dr. 10,000
To Cash A/c 10,000
(Being cash deposited in Union Bank for 5 years)
Apr 25 Drawings A/c Dr. 5,000
To SBI A/c 5,000(Being cash withdrawn from SBI by proprietor for personal use)
Apr 26 Traveling Expenses A/c Dr. 20,000
To SBI A/c 20,000
(Being traveling expenses paid by cheque)
Apr 27 Interest paid A/c Dr. 2,000
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DATE PARTICULARS L.F. DEBIT CREDIT
To SBI A/c 2,000
(Being interest charged by SBI)
Apr 28 Depreciation on Furniture A/c Dr. 10,000
To Furniture A/c 10,000
(Being depreciation charged on Furniture)
Apr 29 Tarun’s A/c Dr. 1,50,000
To SBI A/c 1,50,000
(Being amount paid to Tarun by cheque in full settlement of his account)
Apr 30 Depreciation on Machinery A/c Dr. 25,000
To Machinery A/c 25,000
(Being depreciation charged on machinery)
May
1 SBI A/c Dr. 1,00,000
To ICICI A/c 1,00,000
(Being loan taken from ICICI and deposited in SBI)
2 Interest paid A/c Dr. 10,000
To ICICI A/c 10,000
(Being interest charged by ICICI)
3 ICICI A/c Dr. 1,10,000
To SBI A/c 1,10,000
(Being loan paid back to ICICI in full settlement of its account)
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DATE PARTICULARS L.F. DEBIT CREDIT
4 Rajesh’s A/c Dr. 1,50,000To SBI A/c 1,50,000
(Being loan given to Rajesh)
5 Rajesh’s A/c Dr. 15,000
To Interest Received A/c 15,000
(Being interest charged on Rajesh)
6 SBI A/c Dr. 1,65,000
To Rajesh’s A/c 1,65,000
(Being loan paid back by Rajesh in full settlement of his account)
7 Furniture A/c Dr. 50,000
To SBI A/c 50,000
(Being furniture purchased and payment made by cheque)
8 SBI A/c Dr. 10,00,00
0
To SBI A/c 10,00,000
(Being commission received by cheque and deposited in SBI)
9 PNB A/c Dr. 5,00,000
To Brokerage Received A/c 5,00,000
(Being brokerage received by cheque and deposited in PNB)
10 PNB A/c Dr. 1,00,000
To Cash A/c 1,00,000
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DATE PARTICULARS L.F. DEBIT CREDIT
(Being cash deposited in PNB)
11 Drawings A/c Dr. 2,000
To Purchase A/c 2,000
(Being goods withdrawn by proprietor for personal use)
12 Land & Building A/c Dr. 11,00,000
To PNB A/c 11,00,000
(Being land & building purchased and payment made by cheque)
13 Profit & Loss A/c Dr. 10,000
To Provision for Bad & Doubtful Debts A/c 10,000
(Being provision created for bad & doubtful debts)
14 Profit & Loss A/c Dr. 5,000
To Provision for Discount on Debtors A/c 5,000
(Being provision for discount on debtors created)
15 Loss of goods by Theft A/c Dr. 1,000To Purchase A/c 1,000
(Being goods lost by theft)
16 Loss of goods by Fire A/c Dr. 500
To Purchase A/c 500
(Being goods lost by Fire)
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DATE PARTICULARS L.F. DEBIT CREDIT
17 Reliance Infocomm A/c Dr. 70,000
To SBI A/c 70,000
(Being amount invested in Reliance by cheque)
18 Transfer Inward A/c Dr. 10,000
To Aliganj Branch A/c 10,000
(Being goods purchased from Aliganj Branch)
19 Mahanagar Branch A/c Dr. 12,000
To Transfer Outward A/c 12,000
(Being goods sold to Mahanagar Branch)
Dr.
20 Computer A/c Dr. 25,000
Laptop A/c 66,000
To SBI A/c 91,000
(Being computer and laptop purchased and payment made by cheque)
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Cash A/cDr. Cr.
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 1 To Capital A/c 20,00,00
0
Apr 2 By SBI A/c 10,00,000
Apr 16 To Naman’s A/c 21,000 Apr 3 By PNB A/c 5,00,000
Apr 22 To SBI A/c 10,000 Apr 9 By Harish’s A/c 45,000
Apr 12 By Purchase A/c 30,000
Apr 18 By Rent A/c 7,000
Apr 19 By Wages A/c 15,000
Apr 20 By Carriage Inward A/c 6,000
Apr 21 By Carriage Outward A/c 7,500
Apr 23 By Drawings A/c 4,000
Apr 24 By Union Bank A/c 10,000
May 10 By PNB A/c 1,00,000
May 31 By Balance c/d 3,06,500
20,31,000
20,31,000
Jun 1 To Balance b/d 3,06,500
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SBI A/cDate Particulars J.F. Amount Date Particulars J.F. Amount
Apr 2 To Cash A/c 10,00,00
0
Apr 4 By Furniture A/c 1,00,000
Apr 13 To Sales A/c 1,00,000 Apr 22 By Cash A/c 10,000
May 1 To ICICI A/c 1,00,000 Apr 25 By Drawings A/c 5,000
May 6 To Rajesh’s A/c 1,65,000 Apr 26 By Traveling Expenses A/c 20,000
May 8 To Commission Received A/c 10,00,000 Apr 27 By Interest paid A/c 2,000
Apr 29 By Tarun’s A/c 1,50,000
May 3 By ICICI A/c 1,10,000
May 4 By Rajesh’s A/c 1,50,000
May 7 By Furniture A/c 50,000
May 17 By Reliance Infocomm A/c 70,000
May 20 By Computer A/c 25,000
May 20 By Laptop A/c 66,000
May 31 By Balance c/d 16,07,000
23,65,000
23,65,000
Jun 1 To Balance b/d 16,07,00
0
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PNB A/c
Capital A/c
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 3 To Cash A/c 5,00,000 Apr 17 By Salary A/c 60,000
Apr 11 To Jai’s A/c 1,80,000 May 12 By Land & Building A/c 11,00,000
May 9 To Brokerage Received A/c 5,00,000 May 31 By Balance c/d 1,20,000
May 10 To Cash A/c 1,00,000
12,80,00
0
12,80,000
Jun 1 To Balance b/d 1,20,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 31 To Balance c/d 20,00,00
0
Apr 1 By Cash A/c 20,00,000
20,00,00
0
20,00,000
Jun 1 By Balance b/d 20,00,000
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Drawings A/c
Provision for Bad & Doubtful Debts
Provision for Discount on Debtors A/c
Furniture A/c
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 23 To Cash A/c 4,000 May 31 By Balance c/d 11,000
Apr 25 To SBI A/c 5,000
May 11 To Purchase A/c 2,000
11,000 11,000
Jun 1 To Balance b/d 11,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 31 To Balance c/d 10,000 May 13 By Profit & Loss A/c 10,000
10,000 10,000
Jun 1 By Balance b/d 10,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 31 To Balance c/d 5,000 May 14 By Profit & Loss A/c 5,000
5,000 5,000Jun 1 By Balance b/d 5,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 4 To SBI A/c 1,00,000 Apr 28 By Depreciation on Furniture A/c 10,000
May 7 To SBI A/c 50,000 May 31 By Balance c/d 1,40,000
1,50,000 1,50,000
Jun 1 To Balance b/d 1,40,000
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Machinery A/cDate Particulars J.F. Amount Date Particulars J.F. Amount
Apr 5 To Tarun’s A/c 1,50,000 Apr 30 By Depreciation on Machinery A/c 25,000
May 31 By Balance c/d 1,25,000
1,50,000 1,50,000
Jun 1 To Balance b/d 1,25,000
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Land & Building A/c
Computer A/c
Laptop A/c
Reliance Infocomm A/c
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 12 To PNB A/c 11,00,000
May 31 By Balance c/d 11,00,000
11,00,000
11,00,000
Jun 1 To Balance b/d 11,00,000Date Particulars J.F. Amount Date Particulars J.F. Amount
May 20 To SBI A/c 25,000 May 31 By Balance c/d 25,000
25,000 25,000
Jun 1 To Balance b/d 25,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 20 To SBI A/c 66,000 May 31 By Balance c/d 66,000
66,000 66,000
To Balance b/d 66,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 17 To SBI A/c 70,000 May 31 By Balance c/d 70,000
70,000 70,000
Jun 1 To Balance b/d 70,000
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Union Bank A/c
Aliganj Branch A/c
Mahanagar Branch A/c
Sales A/c
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 24 To Cash A/c 10,000 May 31 By Balance c/d 10,000
10,000 10,000
Jun 1 To Balance b/d 10,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 31 To Balance c/d 10,000 May 18 By Transfer Inward A/c 10,000
10,000 10,000
Jun 1 By Balance b/d 10,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 19 To Transfer Outward
A/c
12,000 May 31 By Balance c/d 12,000
12,000 12,000
Jun 1 To Balance b/d 12,000
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Date Particulars J.F. Amount Date Particulars J.F. Amount
May 31 To Trading
A/c
3,20,000 Apr 7 By Jai’s A/c 2,00,000
Apr 13 By SBI A/c 1,00,000
By Naman’s A/c 20,000
3,20,000 3,20,000
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Sales Return A/c
Transfer Outward
Purchase A/c
Date Particulars J.F. Amount Date Particulars J.F. Amount
To Jai’s A/c 10,000 By Trading A/c 10,00010,000 10,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 31 To Trading
A/c
12,000 May 19 By Mahanagar Branch 12,000
12,000 12,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 6 To Harish’s A/c 50,000 May 11 By Drawings A/c 2,000
Apr 12 To Cash A/c 30,000 May 15 By Loss of Goods by Theft A/c 1,000
May 16 By Loss of Goods by Fire A/c 500
May 31 By Trading A/c 76,50080,000 80,000
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Purchase Return A/c
Transfer Inward A/c
Carriage Inward A/c
Wages A/c
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 31 To TradingA/c
1,000 May 8 By Harish’s A/c 1,000
1,000 1,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 18 To Aliganj Branch 10,000 May 31 By Trading A/c 10,000
10,000 10,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 20 To Cash A/c 6,000 May 31 By Trading A/c 6,000
6,000 6,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 19 To Cash A/c 15000 May 30 By Trading A/c 15,000
15,000 15,000
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Brokerage Received A/c
Commission
Received A/c
Discount
Received A/c
Interest Received A/c
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 31 To Profit & Loss
A/c
5,00,000 May 9 By PNB A/c 5,00,000
5,00,000 5,00,000
Date Particulars J.F. Amount Date Particulars J .F. Amount
May 31 To Profit & Loss
A/c
10,00,00
0
May 8 By PNB A/c 10,00,000
10,00,000
10,00,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 31 To Profit & LossA/c
4,000 Apr 9 By Harish’s A/c 4,000
4,000 4,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 31 To Profit and Loss A/c 16,000 Apr 15 By Naman’s A/c 1,000
May 5 By Rajesh’s A/c 15,000
16,000 16,000
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Carriage Outward A/c
Depreciation
on Furniture A/c
Depreciation on Machinery A/c
Discount Allowed A/c
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 21 To Cash A/c 7,500 May 31 By Profit and Loss A/c 7,5007,500 7,500
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 28 To Furniture A/c 10,000 May 31 By Profit and Loss A/c 10,000
10,000 10,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 30 To Machinery A/c 25,000 May 31 By Profit and Loss A/c 25,000
25,000 25,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 11 To Jai’s A/c 10,000 May 31 By Profit and Loss A/c 10,000
10,000 10,000
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Interest Paid A/c
Loss of Goods by Fire A/c
Loss of Goods by Theft A/c
Rent A/c
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 27 To SBI A/c 2,000 May 31 By Profit and Loss Account 12,000
May 2 To ICICI 10,000
12,000 12,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 16 To Purchase A/c 500 May 31 By Profit and Loss A/c 500
500 500
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 15 To Purchase A/c 1000 May 31 By Profit and Loss A/c 1000
1000 1000
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 18 To Cash A/c 7,000 May 31 By Profit and Loss A/c 7,000
7,000 7,000
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Salary A/c
Traveling Expenses A/c
Harish’s A/c
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 17 To PNB
A/c
60,000 May 31 By Profit and Loss A/c 60,000
60,000 60,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 26 To SBI A/c 20,000 May 31 By Profit and Loss A/c 20,000
20,000 20,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 8 To Purchase Return A/c 1,000 Apr 6 By Purchase A/c 50,000
Apr 9 To Cash A/c 45,000
Apr 9 To Discount Received A/c 4,000
50,000 50,000
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ICICI A/c
Jai’s A/c
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 3 To SBI A/c 1,10,000 May 1 By SBI A/c 1,00,000
May 2 By Interest Paid A/c 10,000
1,10,000 1,10,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 7 To Sales A/c 2,00,000 Apr 10 By Sales Return A/c 10,000
Apr 11 By PNB A/c 1,80,000
Apr 11 By Discount Allowed A/c 10,000
2,00,000 2,00,000
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Naman’s A/c
Rajesh’s A/c
Tarun’s A/c
Date Particulars J.F. Amount Date Particulars J .F. Amount
Apr 14 To Sales A/c 20,000 Apr 16 By Cash A/c 21,000Apr 15 To Interest Received A/c 1,000
21,000 21,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
May 4 To SBI A/c 1,50,000 May 6 By SBI A/c 1,65,000
May 5 To Interest Received A/c 15,000
1,65,000 1,65,000
Date Particulars J.F. Amount Date Particulars J.F. Amount
Apr 29 To SBI A/c 1,50,000 Apr 5 By Machinery A/c 1,50,000
1,50,000 1,50,000
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Trial BalanceOf Pravah’s Business as on 31st May, 2009
Particulars Debit Credit
Cash A/c 3,06,500
SBI A/c16,07,00
0
PNB A/c 1,20,000
Capital A/c 20,00,000
Drawings A/c 11,000
Provision for Bad & Doubtful Debts A/c 10,000
Provision for Discount on Debtors A/c 5,000
Furniture A/c 1,40,000
Machinery A/c 1,25,000
Land & Building A/c11,00,00
0
Computer A/c 25,000
Laptop A/c 66,000
Reliance Infocomm A/c 70,000
Union Bank A/c 10,000
Aliganj Branch A/c 10,000Mahanagar Branch A/c 12,000
Sales A/c 3,20,000
Sales Return A/c 10,000
Transfer Outward A/c 12,000
Purchase A/c 76,500
Purchase Return A/c 1,000
Transfer Inward A/c 10,000
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Carriage Inward A/c 6,000
Wages A/c 15,000
Brokerage Received A/c 5,00,000
Commission Received A/c 10,00,000Discount Received A/c 4,000
Interest Received A/c 16,000
Carriage Outward A/c 7,500
Depreciation on Furniture A/c 10,000
Depreciation on Machinery A/c 25,000
Discount Allowed A/c 10,000
Interest Paid A/c 12,000
Loss of goods by fire A/c 500
Loss of goods by theft A/c 1,000
Rent A/c 7,000Salary A/c 60,000
Traveling Expenses A/c 20,000
Profit & Loss A/c 15,000
38,78,00
038,78,000
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