Assignment 1

1. Open Tally

2.Click on Create Company

3. Fill in the Details and click on yes button. Your Company will be
created.

4. Press F1 button then list of company wil be shown on your screen

5. From the list of select your company and Then press enter key
6. Press alt + F3 to see company info
7. To shut the company press shut company.Then select the company
which you want to shut

8. Press on alter tab to alter any any information in the company

 9. Press enter key after altering information
10. Press Al +D to delete a company

11. Group info

From the main screen press account info

12. Click on groups

13. There after click on create in single user

14. Fill in the details such as if you want to make a group of moveable
assets under fixed assets then put the name in the group and press enter

15. You can see that group under Display tab.

16. If you want to delete your group then go to alter in groups.

17. Select your groups from the list and press enter key
18. There after press alt+d and your group will be deleted
Assignment 2- Ledgers and groups
Q. Given below is the Trial balance of previous period, create groups and ledger and
enter opening balance trial balance.
Trial Balance as on 31.03.2016
Particulars Debit credit
Bank Accounts 35,000
Deposit Accounts 40,000
Petty cash 500
Sundry Debtors(total) 57,300
Comp. Care systems 5,400
Data link technologies 26,000
Spectrum computers 12,400
Supreme computers 13,500
Buildings 75,000
Building accumulated depreciation 8,000
Office equipment 25,000
Office equipment depreciation 4,500
Tax deducted at source 4,780
Sales tax 13,600
Sundry creditors(total) 156,000
Challenger system 65,650
Horizon enterprises 44,750
Silver plus computers 45,600
Mutual trust loan 50,000
Equity capital 250,000
Profit and loss account 32,070
Difference in op. balance 286,150
Total 518,950 518,950

Solution-
To create new ledger-

1. Go to account Info
2. Go to ledger

3. Then in single ledger choose the create option.

 4. There enter the Name and group of ledger.

5. Enter opening balance(if any)

6. Press enter
Display of multiple ledger
Display of balance sheet –

Display of trial balance

 Assignment 3 – Vouchers
Q-
Date Transaction Details
2-4-2017 Paid Rs.500 to challanger system by cheque
2-4-2017 Brought office supplies for Rs. 150 with petty cash
2-4-2017 Wages Rs. 600 paid to employees by cheque
5-4-2017 Banked a cheque of Rs.5000 recieved from data technologies
6-4-2017 Sold computer to spectrum computers for Rs. 24785
6-4-2017 Withdrew Rs.200 from bank account for petty cash
7-4-2017 Brought computer from silver plus computer for Rs. 8100

SOL-

1. Go to acounting vouchers

2. Enter the transaction.

3. Vouchers are created
Assignment 4
Q-Pass journal entries for the following transactions-

1.Started business with cash 5000

2.Purchased furniture in cash 500
3.Opened a bank account 1000
4. Goods purchased in cash 2000
5. Goods sold in cash 1500
6.Goods purchased on credit from roy 3000
7.Paid salary 800
8.Paid rent by cheque 500
9.Goods sold on credit to boss 1800
10.Cash paid to Roy 2500
11.Cash collected from Bose 1500
12.Cash deposited to bank 1600
13.cash withdrawn for household purposes 500
14. Cash drawn for office purposes 1000

Ans-

1. Enter the transaction in accounting voucher

Display the day book

Display the trail balance

Assignment 5
Q1.Record the following transactions in a journal:

Date Transactions
Apr.12 Received cheque of Rs.50000 from ram & sons manufacturers
Apr.13 Insurance paid by cheque Rs.20000
Apr.14 Sold goods to nandini manufacturers Rs.200000
Apr.15 Nandini pays Rs.200000 through cheque
Apr.16 Goods purchased for Rs.300000 from gg traders and paid through
cheque
Apr.17 Purchased office furniture for 50000 in cash
Apr.18 Goods costing Rs.30000 given as charity
Apr.19 Paid Rs.50000 towards rent through cheque
Apr.20 Cash withdrawn for household purposes Rs 20000
Apr.21 Damaged goods returned to GG traders Rs.50000
Apr.30 Salaries paid Rs.30000 through cash
Jun.6 Payment made to sugriv for rs.100000 and discount received for
Rs.10000
Jun.7 Cash of Rs.200000 was received from star traders and discount
allowed for Rs.20000
Jun.9 Running business was purchased from rakesh and the following assets
and liability details are shown below.
Cash Rs.50000 Furniture Rs.25000 Land Rs.200000 Creditors Rs.70000
Bank od Rs.20000 Capital Rs.66000

1. Enter the transaction in accounting vouchers

Display of Multi ledger-

Display of Day book

Display of Trail balance

Assignment 6 (accounts with inventory)
To enable accounts with inventory in company info . After entering details
choose accounts with inventory option and then press enter.
Q1. Drawing Stock Group and Sub groups as shown.
Stock Group Under Can Quantities of Items
Be Added
Computers Primary Yes
Printers Primary No
Peripherals Primary Yes
Accessories Peripherals Yes
Components Peripherals Yes
Sol- To create stock group
1. Go to inventory info. In Gateway of tally
2. Then select stock group and press enter

3. There in single group select single option

4. Then enter the details and press enter

You can also create in multiple groups to enter more than one group at a
time.

5. To delete the group go to the alter tab

 6. After selecting the group ,to delete press alt+d

Q2.Stock Categories
 Name Under
National Primary
HCL Primary
IBM Primary
HP Primary
Samsung Primary

1. Go to inventory info. In gateway of tally

2. There select stock categories and press enter

3. There in single categories select create option

4. Then enter the details and press enter

You can also choose create in multiple groups to enter more than group at a time.

If you want to delete or alter the stock category then choose alter option under stock category
Then press alt + d to delete the stock category.
Q3.Unit of measure
Types Symbol Formal Name Number of decimal
places
Simple Nos Number of 0
Simple Box Boxes 0
Select unit of measure under inventory info
 1. This is the single unit of measure
2. Or simple press ‘U’ and press enter
3. Figure shows how the unit is measured
Compound units
Types Symbol Formal Name Number of decimal
places
Compound Box Nos Where 1 Box = 100 Nos

1. This is the compound unit measurement.

2. Figure shows how the unit is measured in compound with the first unit , conversion and the
second unit
Q Given below the stock statement of national traders as on march 31, 2012
Stock Particulars Cost Total Quantity Total Value

Computers
HCl PIV 17500 5 87500
IBM PIV 17100 4 68400
PERIPHERALS
ACCESSORIES
CD ROMS DISKS 100S 450 5 2250
DUST COVERS 35 10 350
COMPONENTS
USB DRIVES 16 GB 1250 10 12500
WIRELESS KEYBOARD 490 25 12250
WIRELESS MOUSE 250 20 5000
PRINTERS
HP LASERJET 1010 SERIES 8200 7 57400
SAMSUNG LASERJET 1500 8100 5 40500
TOTAL 286150

1. This is the stock item which shows how how we can divide stock category into items
2. Figure shows the name , quantity rate and value of the stock item
1. This is the multi stock item list in which we can make multiple items together
2. Figure is the stock item list which we can see in the above figure.
1. This is last step in which you can delete the stock items
2. Figure shows how the stock item has been deleted.
 Assignment 7 – Stock vouchers

Date Transaction details

6-4-2012 Delivered 1 HCL PIV from on-site to spectrum computers
7-4-2012 Received delivery of 2 HP laserjet 1010 series from silver plus
computers and stored in on-site godown
9-4-2012 Transferred 2 HCL PIV from on-site to warehouse
13-4- Returned 1 HP laserjet 1010 series to silverplus computers
2012
16-4- Spectrum computer returned 1 HCL PIV which was odered
2012 incorrectly
16-4- Stock check reveals 3 nos of cd rom disks 100 in on site godown
2012
 Assignment 8- Full Question

Enter the following transactions of the Company in Tally and show various reports
All purchase and sales transactions of goods, Payment to creditors, and receipt
from debtors are done through Oriental Bank of Commerce
Any other payment and receipt is done through State Bank of India or cash
Balance Sheet as at Amount Assets Amount
31-3-2014 Liabilities
Capital 1900000 Land and Buildings 1600000
Reserves 700000 Plant and Machinery 500000
Profit and Loss 300000 Furniture 500000
Account
Secured loan 800000 Investment 100000
Debentures 1000000 Stock 1724800
Loan from Promoters 200000 Debtors 262000
Provision for tax 250000 Bills Receivables 55000
Bills Payable 120000 State Bank of India 500000
Sundry Creditors 224600 Oriental Bank of 320000
Commerce
Salaries outstanding 35000 Cash in Hand 20000
Rent outstanding 60000 Prepaid insurance 7800
5589600 5589600

The company deals in the following stocks:

Name of the Group Quantity Rate (Rs) Opening
Items Stock Value
Cotton Shirts 100 pcs. 600 60000

Woollen Shirts 125 pcs. 1000 125000

Teri cot Shirts 108 pcs. 600 64800

Denim Trousers 400pcs. 1500 600000

Woollen Trousers 100 pcs. 2500 250000

Cotton Trousers 500 pcs. 1250 625000

Total 1724800


The list of company debtors and creditors is as follows:
Debtors Balance Creditors Balance
Due payable
Pooja 45000 Shalu 25000
Prerna 89000 Sangeeta 30500
Pawan 52000 Sapna 67500
Pankaj 30000 Sandeep 42600
Prakash 46000 Siddharth 59000
Total 262000 Total 224600

Record the following transactions that took place during the April to March 2015.

S.No. Transaction Item Quantity Amount

1 Purchase from Cotton Shirts 20 7000
Shalu
2 Sale to Prerna Woollen Shirts 125 240000
3 Sale to Pankaj Denim trousers 100 450000
4 Paid to Shalu 5000
5 Purchase from Woollen Shirts 160 160000
Sangeeta
6 Purchase from Cotton Shirts 200 200000
Sapna
7 Purchased furniture 25000
8 Paid insurance Premium 15600
9 Purchased Land and Building from XY Ltd for Rs. 10,00,000 . To pay this the
company borrowed from bank a loan of Rs. 6,00,000 and issued fully paid
debenture of Rs. 4,00,000 to XY Ltd.
10 Sold all the investment 2,50,000
11 Paid 20000
1. Outstanding Salaries 10000
2. Electricity 5000
3. Telephone 50000
4. Current Salaries 80000
5. Rent (including outstanding)

12 Outstanding 50000
1. Total Salaries 40000
2. Total rent outstanding

13 Charge Depreciation for the period 1/4/2014 to 31/3/2015 on furniture @15%

p.a. and Machinery @ 8% p.a.
You are required to:-
1. Create a company as per details given above
2. Create appropriate groups and Ledger Accounts.
3. Enter the transactions as given selecting appropriate voucher type.
4. Display the following statements
a. Trial Balance as on 31/3/2015
b. Profit and Loss Account as on 31/3/2015
c. Balance Sheet as on 31/3/2015
d. Cash Book
e. Ratio Analysis
Solution
Trial balance

Profit and loss account

Balance sheet
Cash Book

Ratio analysis