Exampl-1

Learning Tally with assignment

M/s Arjun ltd. Co.

2010 Oct:1 Arjun started a business with cash Rs. 10,00,000

Oct: 2 Received a bank loan from HDFC Bank Rs. 5,00,000
Opened a bank account with Bank SBT Rs. 2,00,000
Oct: 3 Bought Furniture from Furniture Mart Rs. Rs. 1,00,000
Advertisement payable to Media Advertiser Rs. 1,00,000
(Inv. No. 1284, due days 10 days)
Oct: 4 Paid printing charge Rs. 500
Bought Machinery Rs. 1,20,000
Oct: 5 Purchased goods from Aroma Traders Rs. 85,000 (bill No: 108)
Purchased goods for cash Rs. 10,000
Oct: 6 Telephone charge paid by SBT cheque Rs. 1800 (Ch No:123456789)
Oct: 7 Cash sales Rs. 50,000
Oct: 8 Goods returned to Aroma traders Rs. 5,000 (agst Bill No: 108)
Oct:10Cash paid to Aroma Traders Rs. 25,000 (Bill 108)
Oct: 11Sold goods to Kishore Rs. 40,000 ( Bill No: 2)
Oct: 12Cash received from Kishore Rs. 25,000 (Bill No: 2)
Oct: 13Goods returned from Kishore Rs. 5,000 (Bill No: 2)
Oct:15Cash withdrawn from SBT Bank Rs. 10,000
Oct: 16 Paid loan of HDFC Rs. 1,00,000
Oct: 17 Cheque of Bank SBT issued to Furniture Mart Rs. 50,000
Oct: 18 SBT Cheque issued to Media Advertiser Rs. 50,000
Oct: 25 Cash withdrawn from SBT Bank for personal use Rs. 5,000
Oct: 30 Paid salary Rs. 12,000
 Example-3
I. Record the following transactions in the books of M/s Albert & Brothers.

1. Albert starts business with Rs. 50,000.

2. He opens a SBI saving bank account and deposits Rs. 20,000.
3. Bought furniture for Rs. 5,000, machinery for Rs. 10,000.
4. Purchased goods for Rs. 14,000.
5. Sold goods for Rs.8, 000.
6. Purchased goods from Malhotra & Company for Rs. 11,000.
7. Paid telephone rent for the year by Cheque Rs. 500
8. Bought one typewriter for Rs. 2,100 from Universal Typewriter Co. on credit.
9. Sold goods to Keshav Ram for Rs. 12,000.
10. Sold goods to Rajesh Kumar for Rs. 2000 cash.
11. Amount withdrawn from bank for personal use Rs. 1,500.
12. Received cash from Keshav Ram Rs. 11,900 and discount allowed Rs. 100.
13. Paid into bank Rs. 5,800.
14. Bought 50 shares in X Y & Co. Ltd. At Rs.60 per share, brokerage paid Rs. 20.
15. Goods worth Rs. 1,000 found defective were returned to Malhotra & Co. and balance of the
amount due to them settled by issuing a cheque in their favour.
16. Sold 20 shares of X Y & Co. Ltd. at Rs. 65 per share, brokerage paid Rs. 20.
17. Bought goods worth Rs. 2,100 from Ramesh and supplied them to Suresh at Rs. 3,000.
18. Suresh returned goods worth Rs. 100, which in turn were sent to Ramesh.
19. Issued a cheque for Rs. 1,000 in favour of landlord for rent for April.
20. Paid salaries to staff Rs. 1,500.
21. Received from travelling salesman Rs. 2000 for goods sold by him, travelling expenses Rs.
100.
Example-1
1. Ashok starts business with Rs. 100000/-
2. Purchase machinery for Rs. 50000/ and furniture for Rs. 10000
3. Paid amount for rent Rs. 1000/
4. Deposits Rs,. 10000/- in Bank
5. Purchase of goods for Rs. 20000/ from Mr. Ram on credit.
6. Sold goods to Mr. Rakesh for Rs. 10000/
7. Rs. 5000/ withdraws from bank for personal use.
8. Withdraws Rs. 1000/ for office use.
9. Received cash from Mr. Rakesh.
10. Paid to Mr. Ram.

Example-2
2. State groups for ledgers & create the ledgers.

1. Mr. Ram starts business with Rs. 200000/- and deposited into bank Rs. 40,000.
2. Paid for office building Rs. 50000/ and furniture for Rs. 10000/-
3. Purchase raw material of Rs. 10000 on credit from Mr. Avinash.
4. Paid Wages Rs. 2000
5. Paid salary Rs. 10000
6. Return money to Mr. Avinash in settlement of Rs. 9500.
7. Sold goods to Mr. Shekar Rs. 15000/-
8. Received interest on bank amount Rs. 500.
9. Received from Mr. Shekar after discount of Rs. 500.
10. Sold old news paper Rs. 450/-
11. Sold old furniture Rs. 4000/-