TALLY ERP9

Practical - I Company Creation

Create a company from the following information:

Practical - II Groups & Ledgers

Create the following Ledgers and Groups:

Ledger Name Ac Code# Under Group Opening Balanc Dr/Cr

Capital 1001 Capital 1,000,000 Cr
General Reserve 1002 Reserve & Surplus 50,000 Cr
Capital Reserve 1003 Reserve & Surplus 25,000 Cr
OD at Doha Bank Ac.16520002332 1004 Bank OD 20,000 Cr
Loan at Doha Bank Ac. 16520002334 1005 Secured Loan 50,000 Cr
Loan At First Fianace Ac. 554400025236 1006 Unsecured Loan 50,000 Cr
Pre-reserved Commission 1007 Current Liabilities 5,500 Cr
Outstanding AM Charges 1008 O/S Exp. (Current Liabilities) 6,000 Cr
Computer Arabia WLL. 1009 Payables / Sundry Creditors -
Al Mana & Partners WLL. 1010 Payables / Sundry Creditors -
Ali Bin Ali WLL. 1011 Payables / Sundry Creditors -
Machinery 2001 Fixed Assets 100,000 Dr
Building BM101 2002 Buildings (Fixed Assets) 125,000 Dr
Debentures 2003 Investment 50,000 Dr
Skyline Traders WLL 2004 Receivables (Sundry Debtors) -
Khaleej Traders 2005 Receivables (Sundry Debtors) -
Cash 2006 Cash in Hand 100,000 Dr

Executrain Qatar 1 of 3
 TALLY ERP9

Profit & Loss A/c 2007 Primary 55,000 Cr

Rent 3001 Indirect Expenses -
Salary 3002 Indirect Expenses -
Telephone Charges 3003 Indirect Expenses -
Stationary 3004 Indirect Expenses -
Commission Paid 3005 Indirect Expenses -
Interest Paid 3006 Indirect Expenses -
Discount Allowed 3007 Indirect Expenses -
Purchases 3100 Purchases -
Carriages Paid 3008 Direct Expenses -
Sales 4100 Sales -
Discount received 4001 Indirect Income -
Commission Received 4002 Indirect Income -
Interest Received 4003 Indirect Income -

Practical - III Accounting Transactions

1/1/2018 Voucher Type
Mr. Partner Commenced business with cash QR 180,000 Receipt - F6

Executrain Qatar 2 of 3
Bought goods from Sri rs.17870
Bought goods of Siva QR .72000
Cash deposited into Bank QR .23000
Cash sales QR .16200
Commenced business with cash QR .180000
Create Bad debts @ 5% on Sundry DebtoQR QR .25000
Depostied into Indian bank QR .55000
Depreciation on Machinery@ 10% for machinery QR .50000
Paid cash for trade expenses QR .150
Paid cash for miscellaneous expenses QR .150
Paid cash for stationery QR .180
Paid Siva cash on account QR .24000
Paid Siva Cash QR .12000, Discount allowed by him QR .240
Paid Wages QR .1800
Purchased furniture for cash QR .4000
Purchases goods for cash QR .22000
Received cash from Ram QR .12446, Allowed him discount QR .254
Received from Raj QR .21000, Allowed him discount QR .525
Sold goods for cash QR .9000
Sold goods to Raj QR .35000
Sold goods to Roja QR .23280
Sold goods to Ram QR .12700,
Withdrew Cash for private expenses QR .1480