Tally+Test+Paper 1

Tally Test Paper-1
Prepare & Maintain Book of Accounts in the Name of M/s Ambuja Enterprises. FY 2023-23
#10-5-356/36, KR Nagar, New Bowenpally, Secunderabad, Hyderabad, Telangana. 500003.
GST : 36BFJPT3830E1ZD PAN : BFJPT3830 TAN : HYDA12345A
Bank Details : Axis Bank A/c No. 32516714071 UTIB0001373 Opening Balance : 00.00
Cheque Book Ranges : 900901 – 900925
2023, April- Business Entries
1. On 1st April, Capital invested in business by Mr. Arya Rs. 15,00,000 in the form of cash
2. On 2nd April, Cash deposited in Axis Bank Rs. 5,00,000
3. On 6th April, Purchased following items from M/s Akshara Paints India Ltd . (TS) GST
36AJWPA4168J2ZQ
• White 150 Liter(s) @ Rs. 500
• Black 150 ltd @ Rs. 500
(HSN Code : 3209 GST % - 5%)
(Note : Create 3-Installments for 1,57,500 outstanding, each installment is due on 1st of every month)
4. On 15th April, Purchased following items from M/s Akshay Paints Ltd. (TS) GST
36AAACI8094D1ZJ
• Yellow 300 Liter(s) @ Rs. 750
• White Premier 450 @ Rs. 1000
(HSN Code : 3209 GST % - 5%)
(Note : Create 3-Installments for 7,08,750 outstanding, each installment is due on after 10days)
5. On 18th April, Cash deposited in Axis Bank Rs. 1,00,000

6. On 20th April, Sold following items to Mr. Aachary
• Black 140 Liter(s) @ Rs. 900
• White Premier 390 Liter(s) @ Rs. 1800
Transport Charges (SAC : 9965 )Extra Rs. 20000+18% GST
For Outstanding 14,36,375.00
(Received 4 Post Dated cheques, each cheque is due on 1st of Every month)
7. On 24th April, Paid Rent Rs. 10,000 and salaries Rs. 15,000 by Cheques 900901,902
8. On 25th April, Paid 1st Installment Rs. 2,36,250.00 to M/s Akshay Paints Ltd by cash
9. On 30th April, for Rs. 52,500.00 cheque 900904 issued to M/s Akshara Paints India Ltd against
1st Installment
10. Paid Cash Rs. 1000 for Internet Charges to Act, Received Tax Invoice
11. Paid Cash Rs. 1000 to Paradise Hotels for Dinner. Received POS. Slip.
Analyze following reports
a. Closing Stock
b. Outstanding Receivables / Payables
c. PDC Register
d. Profit & Loss Account
e. Balance Sheet,
f. Calculate GST, Pass GST Adjustment entries.
g. Complete Bank Reconciliation
May – Business Entries

12. On 2nd May, Sold following items to Mr. Ananth against his advance.
• Black 10 Liter(s) @ Rs. 1250
(Note : Transport Charges Extra, 2000 + 18% GST )
Allowed Disc Rs. 160
13. On 2nd May, Capital Invested by Mr. Anand Rs. 10,00,000 in cash, Rs. 5,00,000 in Axis Bank
14. Placed order to M/s Ashish Paints for following items with order no. 987
▪ White 100 Liter(s) @ Rs. 550
▪ Black 100 ltd @ Rs. 600
▪ Yellow 100 Liter(s) @ Rs. 650
▪ White Premier 400 Liter(s) @ Rs. 1100
15. Received goods from M/s Ashish Paints with D.C No. 1254 against P.O 987
16. 1st PDC of Mr. Aachary, deposited and cleared by the banker.
17. Paid 1st Installment to M/s Akshara Paints India Ltd by cash
18. Paid Rent 10,000 via cheque No. 900907
19. Paid Salaries by cash Rs. 15,000
20. Received Invoice No. 45412 from M/s Ashish Paints against D.C 1254 Ref P.O 987
21. Returned goods to M/s Ashish
22. Received Order from M/s Aurora College for following Paints ( Sales Order No. 1)
• Black 70 ltd @ Rs. 600
23. Goods delivered to M/s Aurora College with D.C No. 987457 ref S. O 1
Analyze Following Statements.

h. Closing Stock
i. Outstanding Receivables / Payables
j. PDC Register
k. Profit & Loss Account
l. Balance Sheet,
m. Calculate GST, Pass GST Adjustment entries.
n. Complete Bank Reconciliation
June – Business Entries

24. Invoice Issued to M/s Aurora College against D.C 987457
25. 2nd PDC of Mr. Aachary, was deposited and bounced
26. Paid 2nd Installment to M/s Akshara Paints India Ltd by cheque 900908
27. Paid Rent Rs. 10,000 and salaries Rs. 15,000 by Cheque 900909
July – Business Entries

28. Paid 3rd Installment to M/s Akshara Paints India Ltd by cheque 900910
29. 3rd PDC of Mr. Aachary, was deposited and bounced
August – Business Entries

30. Th PDC of Mr. Aachary, was purchased
September – Business Entries
M/s Ambuja Enterprises opened branches at Kukatpally, Banjara Hills.
31. Paid Rent for following branches by cash

• Rent for Secunderabad Rs. 10,000 to (Ajantha Builders )PAN BFJPT3830E
• Rent for Kukatpally Rs. 3,00,000 to M/s Amrutha Apartments I PAN CRKPB6645R
• Rent for Banjara Hills Rs. 3,30,000 to M/s Ahalya Enclave PAN – NO
(Deduct TDS, and Deposit TDS with Govt)
32. Need to Pay 35,000 to Akhila for car repair services, Calculate TDS, Deduct TDS if applicable,
33. Deposit deducted TDS with Govt.
34. Capital Introduced in the business by Mr. Aditya (P3) Rs. 10,00,000 in Cash, Rs. 5,00,000 by
axis bank
35. Purchased Followings goods form M/s Alekya Enterprises (Karnataka : 29XXXXXXXXXXXXXXX)
36. Purchased following goods from M/s Amar Trading Company
October – Business Entries

37. Capital Introduced by Mr. Anvesh Rs. 20,00,000 in the form of Bank ( Axis).
38. Purchased Office Furniture ( Secunderabad) worth Rs. 2,00,000 by Bank (IMPS)
39. Purchased Hero Honda Splendor for Rs. 1,00,000 by Bank Cheuqe No. 900911
40. Purchased Land for office purpose Rs. 3,00,000 by Bank Account Transfer
41. Cash withdrawn by Partners as follows at Axis Bank
Mr. Arya Rs. 2,00,000 Cheque No. 900912
Mr. Anand Rs. 2,00,000 Cheque No. 900918
(Cheques 900913,14,15,16,17 Damaged)
November – Dec- Jan- Feb (Lockdown)
Show – How to File Nil GST Returns
March – Business Entries

42. Received Commission Rs. 2,00,000 by cash
43. Paid Salaries Rs. 25,000 with Cheques (Rs. 10,000-900919 / Rs. 10,000 – 900920 / Rs. 5,000 –
900924 )
Cheques 900921,22,23 Damaged)
44. Paid Rent 25,000 by Cheque No 900924
45. Issued cheque to M/s Alekya Enterprises for full settlement , received 10% Disc.
46. Applied for a new Cheque Boook, received with Range 100101-100125
47. 100101 Cheque Issued to M/s Amar Trading Company for full settlement, received disc 25%
Adjustments
48. Interest applicable on Capital @ 8.96%
49. Interest on Drawings @ 5.00%
50. Outstanding Salaries Rs. 25,000
51. Outstanding Rent Rs. 10,000
52. Appreciation on Land @ 12%
53. Depreciation on Hero Honda, Furniture @ 40%.
Backup
Split Company
Setup New FY.

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Tally Test Paper-1

#10-5-356/36, KR Nagar, New Bowenpally, Secunderabad, Hyderabad, Telangana. 500003.

GST : 36BFJPT3830E1ZD PAN : BFJPT3830 TAN : HYDA12345A

Cheque Book Ranges : 900901 – 900925

2023, April- Business Entries

(HSN Code : 3209 GST % - 5%)

5. On 18th April, Cash deposited in Axis Bank Rs. 1,00,000

Transport Charges (SAC : 9965 )Extra Rs. 20000+18% GST

For Outstanding 14,36,375.00

Analyze following reports

May – Business Entries

(Note : Transport Charges Extra, 2000 + 18% GST )

Allowed Disc Rs. 160

Analyze Following Statements.

June – Business Entries

July – Business Entries

August – Business Entries

September – Business Entries

M/s Ambuja Enterprises opened branches at Kukatpally, Banjara Hills.

31. Paid Rent for following branches by cash

(Deduct TDS, and Deposit TDS with Govt)

October – Business Entries

November – Dec- Jan- Feb (Lockdown)

Show – How to File Nil GST Returns

March – Business Entries

Setup New FY.

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