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Tally Exercise 6

This document contains a trial balance for a business on January 1, 2009. It lists account names on the left with debit amounts and credit amounts on the right. There are accounts for capital, assets, expenses, income, liabilities, and equity. The totals for debits and credits are equal at Rs. 5,50,550. It also provides instructions to generate financial statements from the trial balance such as a profit and loss statement and balance sheet.

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2K views1 page

Tally Exercise 6

This document contains a trial balance for a business on January 1, 2009. It lists account names on the left with debit amounts and credit amounts on the right. There are accounts for capital, assets, expenses, income, liabilities, and equity. The totals for debits and credits are equal at Rs. 5,50,550. It also provides instructions to generate financial statements from the trial balance such as a profit and loss statement and balance sheet.

Uploaded by

Arun
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Tally Assignment

Exercise - 6 Name Capital Loan At 6% P.A Sales Interest Sundry Creditors Commission Received Return Outward Investment Furniture Commission Repairs Bank Balance Petty Cash Interest On Loan Travelling Expenses Printing Stock On 1.1.2009 Postage Purchase Return Inwards Wages And Salary Sundry Debtors Land & Building Bills Receivable Drawings Under Capital Account Loans Liability Sales Indirect Income Sundry Creditors Indirect Income Purchase Investment Fixed Assets Indirect Expenses Direct Expenses Bank Cash In Hand Indirect Expenses Indirect Expenses Indirect Expenses Stock In Hand Indirect Expenses Purchase Sales Direct Expenses Sundry Debtors Fixed Assets Current Assets Capital TOTAL Debit Credit 1,08,850 20,000 3,50,000 5,640 59,000 630 6,430

19,000 500 470 3,620 8,800 70 300 12,000 880 89,680 5,620 2,56,590 2,780 40,970 62,000 37,770 4,500 5,000 5,50,550

5,50,550

*closing stock 1,28,960 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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