Tally Practical Questions 5 - Tally Online Computer Course Notes and Tally Practical Questions

Exercise No.5: -

Balram started business with the following
    Cash in hand 40,000/-
    Cash at Bank 50,000/-
    Furniture 10,000/-
    Building 50,000/-
Brought goods from sharma Rs 2000/-
Sold goods to Shravan for cash Rs 30,000/-
Withdrawn Cash from office for personal use Rs 3000/-
Paid advance income tax Rs 1,500/-
Sold goods to Srinath on account Rs 3000/-
Paid carriage on goods sold to srinath on his account Rs 100/-
Brought goods from rahul on credit Rs 50,000/-
Return goods to rahul Rs 200/-
Paid salary to the manager Rs 5000/-
Received from Raju advance for goods Rs 6000/-
Paid Baburaj cash in lieu of a cheque Rs 1000/-
Paid into bank the cheque received from Baburaj Rs 1000/-
Bank charges charged by banker Rs 50/-
Bank allowed interest on deposit Rs 100/-
Received from Rajesh One hundred rupee note and gave him change for it Rs 100/-
Paid life insurance premium Rs 400/-
Acquired from Rajaram a motor car in exchange for cash of Rs 2000/- & a cheque Rs 5000/-
Transferred from the bank account of the business to the personal bank account of the Balram Rs 4000/-
Investor in NSC Rs 1000/-
Paid rent to the landlord Rs 3000/-
Brought a machinery from Ramraj on credit Rs 10,000/-

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