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TALLY |
Net Tech Software Engineering Company Private Limited
4th Floor, Satabdi Tower, SNP Area Sakchi, Jamshedpur-1
STUDENT PROJECT & ASSIGNMENT DIVISION
Subject – Tally Marks: 100
- What is accounting? Explain accounting cycle.
- Explain the following general term.
Business, Transaction, Capital, Assets, Liabilities, Purchase, Purchase Return, Sales, Sales Return, Creditors, Debtors, Goods, Drawing, Income, Expenses, Profit, Loss, Bad Debts, Discounts and Ledger.
- What is Tally? Explain its Versions Details with their features.
- What do you means by Company, Why do we create company explain all options of company creations screen.
- What is Group? Explain all Groups with their name and descriptions.
- What do you means by vouchers, how many types of vouchers are there? Explain all with their shortcut keys.
7. Journalise the following transaction and post it to the ledger and write the vouchers name in which it will be posted.
Date |
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Transaction |
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01.4.2004 |
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Business started with cash Rs. 5,00,000 |
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02.4.2004 |
Goods purchased from Mohan Rs.40.000 |
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05.4.2004 |
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Stationery purchased for cash Rs. 2,000 |
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06.4,2004 |
Opened a bank account with UTI Bank by depositing cash of Rs. 50,000 |
08.4.2004 |
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Goods sold to Riya for Rs. 25,000Received a cheque of Rs. 25,000 from Riya |
11.4.2004 |
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Sold goods to Shrimidhi Rs. 12,000 |
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15.4.2004 |
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Shrimidhi pays Rs. 12,000 cash |
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16.4.2004 |
Goods purchased for Rs. 16,000 on credit from Neetu |
18.4.2004 |
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Insurance paid by cheque Rs. 8,000 |
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19.4.2004 |
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Paid Rs. 4,000 towards rent by cash |
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20.4.2004 |
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Goods consting Rs. 2,500 give as charity |
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23.4.2004 |
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Purchased office furniture for Rs. 10,500 in cash |
24.4.2004 |
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Cash withdrawn for household purposes Rs. 2000 |
25.4.2004 |
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Interest received in cash Rs. 1,000 |
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27.4.2004 |
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Cash sales Rs. 5,000 |
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28.4.2004 |
Commission paid Rs. 1,000 by cheque |
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29.4.2004 |
Telephone paid by cheque Rs. 2,500 |
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30.4.2004 |
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Payment of salary in cash Rs. 13,000 |
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