Tally Assignment

Exercise - 3 a) Create a company b) Create the following ledger with Appropriate Group and put the opening balance. Name Land And Building Machinery Purchase 1.4.2009 Stock Sundry Debtors Patents Cash In Hand Cash At Bank Return Inwards Wages Fuel & Power Carriage On Sales Carriage On Purchase Salaries General Expenses Insurance Drawings Capital Sales Return Outwards Sundry Creditors Bills Payable Under Fixed Assets Fixed Assets Purchase Stock In Hand Sundry Debtors Current Assets Cash In Hand Bank Accounts Sales Account Direct Expenses Direct Expenses Indirect Expenses Direct Expenses Indirect Expenses Indirect Expenses Indirect Expenses Capital Account Capital Account Sales Account Purchase Accounts Sundry Creditors Current Liability TOTAL Debit 42,000 20,000 7,500 5,760 14,500 40,675 540 2,630 680 8,480 4,730 3,200 2,040 15,000 3,000 600 5,245 Credit

1,76,580

62,000 98,780 500 6,300 9,000 1,76,580

Result :

Gateway of tally Display Trial Balance ( Alt + F1 ) Gateway of tally Profit & Loss A/c Gross Profit Gateway of tally Balance Sheet

Net Profit

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