tally assignment

Journal Entries

DATE PARTICULARS L.F. DEBIT CREDIT

Apr 1 Cash A/c Dr 20,00,000 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. 1,50,000 To 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)

DATE PARTICULARS L.F. DEBIT CREDITApr 7 Jai’s A/c Dr. 2,00,000

To 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. 1,80,000Discount 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 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 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Apr 22 Cash A/c Dr. 20,000 To SBI A/c 20,000(Being cash withdrawn from State Bank of India)

Apr 23 Drawings A/c Dr. 4,000 To Cash A/c 4,000(Being cash withdrawn by proprietor for personal use)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Apr 25 Drawings A/c Dr. 5,000 To SBI A/c 5,000(Being cash withdrawn from SBI by proprietor for personal use)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 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)

May1 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)

DATE PARTICULARS L.F. DEBIT CREDIT4 Rajesh’s A/c Dr. 1,50,000

To 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. 10,00,000 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(Being cash deposited in PNB)

DATE PARTICULARS L.F. DEBIT CREDIT11 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. 1,000 To 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)

17 Reliance Infocomm A/c Dr. 70,000 To SBI A/c 70,000(Being amount invested in Reliance by cheque)

DATE PARTICULARS L.F. DEBIT CREDIT18 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)

Cash A/c Dr. Cr.

Date Particulars J.F. Amount Date Particulars J.F. Amount

Apr 1 To Capital A/c 20,00,000 Apr 2 By SBI A/c 10,00,000Apr 16 To Naman’s A/c 21,000 Apr 3 By PNB A/c 5,00,000Apr 22 To SBI A/c 10,000 Apr 9 By Harish’s A/c 45,000

Apr 12 By Purchase A/c 30,000Apr 18 By Rent A/c 7,000Apr 19 By Wages A/c 15,000Apr 20 By Carriage Inward A/c 6,000Apr 21 By Carriage Outward A/c 7,500Apr 23 By Drawings A/c 4,000Apr 24 By Union Bank A/c 10,000May 10 By PNB A/c 1,00,000May 31 By Balance c/d 3,06,500

20,31,000 20,31,000Jun 1 To Balance b/d 3,06,500

SBI A/cDate Particulars J.F. Amount Date Particulars J.F. Amount

Apr 2 To Cash A/c 10,00,000 Apr 4 By Furniture A/c 1,00,000Apr 13 To Sales A/c 1,00,000 Apr 22 By Cash A/c 10,000May 1 To ICICI A/c 1,00,000 Apr 25 By Drawings A/c 5,000May 6 To Rajesh’s A/c 1,65,000 Apr 26 By Traveling Expenses A/c 20,000May 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 1,50,000May 3 By ICICI A/c 1,10,000May 4 By Rajesh’s A/c 1,50,000May 7 By Furniture A/c 50,000May 17 By Reliance Infocomm A/c 70,000May 20 By Computer A/c 25,000May 20 By Laptop A/c 66,000May 31 By Balance c/d 16,07,000

23,65,000 23,65,000Jun 1 To Balance b/d 16,07,000

PNB A/c

Capital A/c

Drawings A/c


Apr 3 To Cash A/c 5,00,000 Apr 17 By Salary A/c 60,000Apr 11 To Jai’s A/c 1,80,000 May 12 By Land & Building A/c 11,00,000May 9 To Brokerage Received A/c 5,00,000 May 31 By Balance c/d 1,20,000May 10 To Cash A/c 1,00,000

12,80,000 12,80,000Jun 1 To Balance b/d 1,20,000


May 31 To Balance c/d 20,00,000 Apr 1 By Cash A/c 20,00,00020,00,000 20,00,000

Jun 1 By Balance b/d 20,00,000


Apr 23 To Cash A/c 4,000 May 31 By Balance c/d 11,000Apr 25 To SBI A/c 5,000May 11 To Purchase A/c 2,000

11,000 11,000Jun 1 To Balance b/d 11,000

Provision for Bad & Doubtful Debts

Provision for Discount on Debtors A/c

Furniture A/c

Machinery A/c


May 31 To Balance c/d 10,000 May 13 By Profit & Loss A/c 10,00010,000 10,000

Jun 1 By Balance b/d 10,000


May 31 To Balance c/d 5,000 May 14 By Profit & Loss A/c 5,0005,000 5,000



Apr 4 To SBI A/c 1,00,000 Apr 28 By Depreciation on Furniture A/c 10,000May 7 To SBI A/c 50,000 May 31 By Balance c/d 1,40,000

1,50,000 1,50,000Jun 1 To Balance b/d 1,40,000


Apr 5 To Tarun’s A/c 1,50,000 Apr 30 By Depreciation on Machinery A/c 25,000May 31 By Balance c/d 1,25,000

1,50,000 1,50,000Jun 1 To Balance b/d 1,25,000

Land & Building A/c

Computer A/c

Laptop A/c

Reliance Infocomm A/c


May 12 To PNB A/c 11,00,000 May 31 By Balance c/d 11,00,00011,00,000 11,00,000

Jun 1 To Balance b/d 11,00,000


May 20 To SBI A/c 25,000 May 31 By Balance c/d 25,00025,000 25,000

Jun 1 To Balance b/d 25,000



To Balance b/d 66,000




Union Bank A/c

Aliganj Branch A/c

Mahanagar Branch A/c

Sales A/c


Apr 24 To Cash A/c 10,000 May 31 By Balance c/d 10,00010,000 10,000



May 31 To Balance c/d 10,000 May 18 By Transfer Inward A/c 10,00010,000 10,000



May 19 To Transfer Outward A/c 12,000 May 31 By Balance c/d 12,00012,000 12,000



May 31 To Trading A/c 3,20,000 Apr 7 By Jai’s A/c 2,00,000Apr 13 By SBI A/c 1,00,000

By Naman’s A/c 20,0003,20,000 3,20,000

Sales Return A/c

Transfer Outward

Purchase A/c


To Jai’s A/c 10,000 By Trading A/c 10,00010,000 10,000


May 31 To Trading A/c 12,000 May 19 By Mahanagar Branch 12,00012,000 12,000


Apr 6 To Harish’s A/c 50,000 May 11 By Drawings A/c 2,000Apr 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 500May 31 By Trading A/c 76,500

80,000 80,000

Purchase Return A/c

Transfer Inward A/c

Carriage Inward A/c

Wages A/c


May 31 To Trading A/c 1,000 May 8 By Harish’s A/c 1,0001,000 1,000


May 18 To Aliganj Branch 10,000 May 31 By Trading A/c 10,00010,000 10,000


Apr 20 To Cash A/c 6,000 May 31 By Trading A/c 6,0006,000 6,000


Apr 19 To Cash A/c 15000 May 30 By Trading A/c 15,00015,000 15,000

Brokerage Received A/c

Commission Received A/c

Discount Received A/c

Interest Received A/c

Carriage Outward A/c


May 31 To Profit & Loss A/c 5,00,000 May 9 By PNB A/c 5,00,0005,00,000 5,00,000


May 31 To Profit & Loss A/c 10,00,000 May 8 By PNB A/c 10,00,00010,00,000 10,00,000


May 31 To Profit & Loss A/c 4,000 Apr 9 By Harish’s A/c 4,0004,000 4,000


May 31 To Profit and Loss A/c 16,000 Apr 15 By Naman’s A/c 1,000May 5 By Rajesh’s A/c 15,000

16,000 16,000


Apr 21 To Cash A/c 7,500 May 31 By Profit and Loss A/c 7,5007,500 7,500

Depreciation on Furniture A/c

Depreciation on Machinery A/c

Discount Allowed A/c

Interest Paid A/c


Apr 28 To Furniture A/c 10,000 May 31 By Profit and Loss A/c 10,00010,000 10,000


Apr 30 To Machinery A/c 25,000 May 31 By Profit and Loss A/c 25,00025,000 25,000


Apr 11 To Jai’s A/c 10,000 May 31 By Profit and Loss A/c 10,00010,000 10,000


Apr 27 To SBI A/c 2,000 May 31 By Profit and Loss Account 12,000May 2 To ICICI 10,000

12,000 12,000

Loss of Goods by Fire A/c

Loss of Goods by Theft A/c

Rent A/c

Salary A/c


May 16 To Purchase A/c 500 May 31 By Profit and Loss A/c 500500 500


May 15 To Purchase A/c 1000 May 31 By Profit and Loss A/c 10001000 1000


Apr 18 To Cash A/c 7,000 May 31 By Profit and Loss A/c 7,0007,000 7,000


Apr 17 To PNB A/c 60,000 May 31 By Profit and Loss A/c 60,00060,000 60,000

Traveling Expenses A/c

Harish’s A/c

ICICI A/c

Jai’s A/c


Apr 26 To SBI A/c 20,000 May 31 By Profit and Loss A/c 20,00020,000 20,000


Apr 8 To Purchase Return A/c 1,000 Apr 6 By Purchase A/c 50,000Apr 9 To Cash A/c 45,000Apr 9 To Discount Received A/c 4,000

50,000 50,000


May 3 To SBI A/c 1,10,000 May 1 By SBI A/c 1,00,000May 2 By Interest Paid A/c 10,000

1,10,000 1,10,000


Apr 7 To Sales A/c 2,00,000 Apr 10 By Sales Return A/c 10,000Apr 11 By PNB A/c 1,80,000Apr 11 By Discount Allowed A/c 10,000

2,00,000 2,00,000

Naman’s A/c

Rajesh’s A/c

Tarun’s A/c


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


May 4 To SBI A/c 1,50,000 May 6 By SBI A/c 1,65,000May 5 To Interest Received A/c 15,000

1,65,000 1,65,000


Apr 29 To SBI A/c 1,50,000 Apr 5 By Machinery A/c 1,50,0001,50,000 1,50,000

Trial Balance Of Pravah’s Business as on 31st May, 2009

Particulars Debit CreditCash A/c 3,06,500SBI A/c 16,07,000PNB A/c 1,20,000Capital A/c 20,00,000Drawings A/c 11,000Provision for Bad & Doubtful Debts A/c 10,000Provision for Discount on Debtors A/c 5,000Furniture A/c 1,40,000Machinery A/c 1,25,000Land & Building A/c 11,00,000Computer A/c 25,000Laptop A/c 66,000Reliance Infocomm A/c 70,000Union Bank A/c 10,000Aliganj Branch A/c 10,000Mahanagar Branch A/c 12,000Sales A/c 3,20,000Sales Return A/c 10,000Transfer Outward A/c 12,000Purchase A/c 76,500Purchase Return A/c 1,000Transfer Inward A/c 10,000Carriage Inward A/c 6,000

Wages A/c 15,000Brokerage Received A/c 5,00,000Commission Received A/c 10,00,000Discount Received A/c 4,000Interest Received A/c 16,000Carriage Outward A/c 7,500Depreciation on Furniture A/c 10,000Depreciation on Machinery A/c 25,000Discount Allowed A/c 10,000Interest Paid A/c 12,000Loss of goods by fire A/c 500Loss of goods by theft A/c 1,000Rent A/c 7,000Salary A/c 60,000Traveling Expenses A/c 20,000Profit & Loss A/c 15,000

38,78,000 38,78,000

tally assignment

Documents

sales ac

jais ac

namans ac

harishs ac

rajeshs ac

debtors ac

salary ac

taruns ac