Q4.
Create the following Ledgers under relevant groups in Tally giving their
Opening Balances and display the following for Suresh & Co.:
a) Trial Balance -Total Rs.3,43,200/
b) Profit and Loss Account -Gross Profit Rs.36,500/
Net Profit Rs.24,800/
c) Balance Sheet -Total Rs. 1,01,000/
|Amount Amount
Debit Balances Credit Balances
Rs. Rs.
Stock (1-4-2017) 96000 Capital S0000
Wages 28000 Loan 9000
Salaries 4000 Sales 250000
Reserve for Bad
Carriage Inward 5000
Debts
5000
Purchases 120000 Discount on 4000
Purchases
Interest on Loan 200 Creditors 23000
Cash at Bank 1800 Purchases Returns 1500
Buildings 11000 Outstanding 700
Expenses
Sales Returms 1000
|Debtors 35000
Office Expenses 5500
Drawings 6500
Depreciation 2000
Rent 2400
Plant 18000
Travel Expenses 5000
Advertisement 1600
Cash in Hand 200
343200 343200
Closing Stock (31-3-2018) Rs. 35000/
1. Open Tally.ERP9 then Gateway of Taly will be displayed
2. Select Accounts Info. under Masters and select ledgers then click on multiple
ledger creation and Enter.
3. Under group: A items andEnter
4. Enter required details as per question in the following manner.
5. To view the Trial Balance
Gateway of Tally > Display > Trial Balance and Enter
6. To view the Profit & Loss Account
Gateway of Tally > Reports > Profit & Loss Wc and Enter
7. To view the Balance Sheet
Gateway of Tally > Reports > Balance Sheet and Enter
Taly ERP9
P. Pint E:Export EEMal 0: Upload STalyShap GLanguage K: Keyboard Contral Centre Suppert Centre H Help F: Condensed
Trial Balance Krishna Enterprises-4 Ctri+M Period
Krishna Enterprises4
Particulars For 1-Apr-2018 F3 Compay
Closing Balance F4 Group
Debd Credit
FS Ledger-ise
Capital Account
Caotal
6.500.00 50.000.00ES Morthiy
50, 000 00
Drauings 6,500 00 F7: Vouchers
Current Liabilities 32.700.00
Sundry Creditors 23 000 00
Loan 9,000 00
Qutstanding Expenses 700 00
Fixed Assets 29,000.00
Buldings 11,000 00
Plant 18 000 00
Current Assets 12,000.00
Sundry Detors 35,000 00
Cash-in-Hand 200.00
Bank Accounts 1800.00
Closing Stock 35000 00
Sales Accounts 1.000.00 2.50,000.00 CNew Coumn
Sales 2.50. 00000 A Ater Cokumn
Sales Retuns 1,000 00
Purchase Accounts 2,16,000.00 1.500.00D Deete Colvmn
Opening Slock 96,000 00
Aurchases 1.20000 00 Auto Column
Purchases Retums 1,500 00a: Budgit Vanance
Direct Incomes 35.000.00
Closing Stock Trading 35, 000 00
Direct Expenses 33,000.00 FLPrated Reputs
Canage Inwad 5000 00
Wages 26,000 00 F9. Inventory Reports
Indirect Incomes 9.000.00E10: Ale Repots
Dscoutn on Purchases 4,000 00
Reseve for Bad Debts 5, 000 00F11: Features
8 more... F12 Cofigure
Grand Total 3,73,200.00 3,78.200.00
F12 Range
Qut RRemoe Line U: Restore Line Restore Al Space: Select
Ctr+N F12 Vaue
Tally MAN->Gatenay of Tally -> Dsplay Menu --> Tnal Balance C Tally Soltions Pvt Ltd, 1988-2018 Tue, 25 Sep, 2018 228-54
Tally ERP9
P. Pint E:Export M:EMal O Upload S TalyShap G Language K Keybod K Contrel Centre H Support Centre H Help F1: Condensed
Profit & Loss A/c Krishna Enterprises4 Ctri +M F2 Period
Krishna Enterprises 4 Krishna Enterprises4
Particulars For 1.Agr2018 Particulars For 1Ap2018 F3Cormpany
F7: Valustion
Purchase Accounts 2,14,500.00 Sales Accounts 2,49,000.00 S: Schedule V
Opening Stock 96.000 00 Sales 2.50,000 00
Purchases 1.20,000 00 Sales Retums 01000 00
Purchases Retums HI500 00 Direct Incomes 35,000.00
Direct Expenses 33,000.00 Closing Stock Trading 3500000
Gamage Inard 5000 00
Wages 28000 00
Gross Profit clo 36,500.00
2,34,000.00 2,84,000.00
Indirect Expenses 20,700.00 Gross Profit br 36,500.00
Advertisenment .600 00 Indirect lncomes 9,000.00
Depreciation 2000 00 Discoutn on Purchases 4,000.00
Interest on Loan 200 00 Reserve for Bad Debts 5000 00
Office Expenses 5,500 00
Rent 2,400 00
Salanies 4.000 00
Travel Epenses 5000 00
Nett Profit 24,800.00
C: New Column
A: Alter Column
D: Deiele Colun
:Auto Column
F9: Inventory Reperts
F10: Ale Reperts
F11: Features
F12 Configure
Total 45,500.00 Total 45,500.00
F12 Range
Q:Qut R Remove Line U: Restore Line Restore All Space: Select
ERP
E TallyERP9
P. Pint E: Export M: E-Mal O. Upload S: TalyShop G: Language K: Keyboard K: Control Centre Support Centre H: Help Condensed
Balance Sheet Krishna Enterprises 4 CtrlM XF2 Period
Krishna Enterprises4 Krishna Enterprises4
Liabilities as at 1-Ap-2018 Assets as at 1-Apr-2018 F3: Comgany
F7: Valuation
Capital Account 43.500,00 Fixed Assets 29,000.00
Captal Schedule VI
50,000 00 Buildings 11,000 00
Drawings -6500 00 Plant 18,000 00
Loans (Liablity) Current Assets 72,000.00
Current Liabilities 32,700.00 Closing Stock
Sundry Creditors 23,000 00 Sundry Debtors 35 000 Q0
Loan 9,000 00 Cash-in-Hand 200 00
Outstanding Expenses 700 00 Bank Accounts 1,800 00
Profit & Loss Alc 24,800.00 Closing Stock 35 000 00
Opening Balance
Current Penod 24,800 00
C: New Column
A: Alter Column
D: Delete Colurmn
D:Auto Column
F9: Inventory Reports
F10: Alc Reports
F11: Features
F12 Configure
Total 1,01,000.00 TOtal 1,01,000.00
F12: Range
Q: Quit R Remove Line U: Restore Line Restore AI Space: Select
E12: Value
Ctri +
Taly MAIN ->Gateway of Taly .> Balance Sheet c Tally Solutions P Ltd, 1988-2018 Tue, 25 Sep, 2018 22:29:17