Tally Transaction’s in Double Entry Mode (2 Problems with Answers)

Excise -1 Rakesh started a business with a capital of 10,00,000/- Postage expenses paid 1000/- Cash deposited into Andhra Bank 2,00,000/- Cash paid to Raja 25,000/- Freight expenses paid 5,000/- Infosys shares bought by Andhra Bank Cheque 100 @ 500/- each Cash drawn from Andhra bank 30,000/- Interest Received from Raja 3,500/- Loan given to
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:Tally New Ledgers: Loans & Advances (Asset)    &   Loans (Liability)     &    Investments Cheque issued to Ravi Cash paid to Ganesh Loan given to Srikanth          Ravi , Ganesh, Srikanth    Under    Loans & Advances (Asset)  Cash received from Sekhar Loan taken from HDFC Loan taken from Rahul      
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Problem-1:- (GST in Computer Monitors: 18%) Mahadev started a new business with 5,00,000/- Purchased from Jaya Traders (Intra state)A.P LG monitors 10 sets @ 1500/- Samsung Monitors 10 sets @ 2000/- Purchased from Rahul & Son’s (Inter state) Maharashtra LG monitors 10 sets @ 1500/- Samsung Monitors 10 sets @ 2000/- Sales as fallows to
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Problem 1:- GST RATES 0% 12% 18% 28% Rice Salt Dry Fruits Tooth Powders Soaps Hair oil Perfumes Shampoo Tooth Paste Shaving Cream 1.Mr.Raghava Rao stated a new business with 4,00,000/-   2.Purchase as fallows from Rama rao & Son’s (Intra state) ·        *  Rice – 20 bags each one 950/- · 
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Problem 1:- 1.Mr.Sampanth(A.P) started a new business with 5,00,000/- 2.Purchase as fallows from Vimala Traders (Local-A.P) · Samsung Monitors 10 sets each one 4,500/- · LG Monitors 15 sets each one 4,300/- 3.Purchase as fallows from Sanjay & Co (Inter State-Maharashtra) · Sony Monitors 20 sets each one 6,000/- · Videocon Monitors 20 sets each
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Problem 1 1. Mr.Sampanth Started a new business with 5,00,000/- 2. Rent Paid 25,000/- 3. Purchase as fallows from Ravi & Son’s (A.P):- *  Samsung Mobiles 10 no’s Each one 7,200/- *  Redmi Mobiles 15 no’s Each one 6,500/- *  Appo Mobiles 8 no’s Each one 4,300/- 4. Cash deposited into HDFC 35,000/- 5. Power bill
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  Note 1:- Last Year Stock items entry to single (with money & sets)   Note 2:- Last Year Accounts (Fixed assets, Expenses,Incomes, Sundry Creditor & Debitor, Bank A/c’s) Entry to Ledger Name & Under Group with Values.   Ex:-   SBI –  Bank Account – 50,000. Problem 1   April – 2015  to  March – 2016 1. Mr.Kumar
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The Concept of Drawings is with draw cash from capital to perform Drawing’s operations. We have to create Drawings Ledger under Capital A/c.    Drawing (F5) = By- cash                         To – drawing. Return Drawings (F6) = By – Cash                  
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In this concept we can implement various types of selling prices to perform this concept we can fallowing settings. Setting:-1 1. Go to accounting vochoures 2. Press F11 key 3. Press F2 key 4. Allow Multiple Price Levels = Yes        Dealer Price       – Enter     Wholesale Price –
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  Basically we are performing accounting operations in the format of Indian currency only.Some times NRI persons invert amount in the format of Non-Indian currency means. We note to convert capital amount in to Indian currency format.to perform this concept we have to specify Necessary setting’s. Setting:-1 1. Go to accounting vochoures 2. Press F11 key
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