GURUKULAM COMPUTERS TALLY PRACTICAL

STUDY ABOUT JOURNAL ENTRIES

JOURNAL ENTRIES

1) Journalize the following in the Journal of Thiru. Ranganathan 2021 Oct

1 Received cash from Sivanthi Rs. 25,00
7 Paid cash to Raman Rs. 15,000
10 Bought goods for cash Rs. 7,000
12 Bought goods on credit from Rajan 18,000
15 Sold goods for cash 10,000
24 Sold goods on credit to Palani Rs. 7,000

2) Journalize the following transaction in Tmt. Uma’s Journal 2021 Sep

1 Tmt.Uma started business with 50,000
3 Opened a current account with Indian overseas Bank Rs. 15,000
10 Bought goods from Tmt. Latha Baskar Rs. 40,000
15 Paid to Tmt .Latha Baskar Rs. 25,000
18 Sold goods to Tmt .Kanniga Rs. 36,000

3) Journal the following transactions in Thiru. Narayanaswamy’s book 2021 Aug

5 Sold goods to Maharajan on Credit Rs. 6,500
9 Bought goods for cash from Chenganlvarayan Rs. 7,500
12 Met Traveling expanses Rs. 1,500
15 Received Rs. 10000 from Siva Kumar as loan
17 Returned damaged goods to Mohan Rs. 800
21 Paid wages to Workers Rs. 2,000

4) Journalize the following in the Journal of Tmt. Manjula 2022 Feb

3 Bought goods for Cash Rs. 14,500
7 Sold goods Lakshmi on Credit Rs. 5,000
9 Received commission Rs. 300
10 Cash Sales Rs. 9,000
12 Bought goods from Meenakshi Rs. 6,000
16 Received five chairs from Saravanan & Co at Rs. 300 each
20 Paid Saravana & Co for five chairs
28 Paid Salaries Rs. 1,000. Paid Rent Rs. 500

5) Journailse the following of Mr. Ilangovan 2021 Apr

1 Ilangovan invested Rs. 2, 00,000 Cash in the business
5 Purchased building for Rs. 70,000
7 Purchased goods for Rs. 50,000
10 Sold goods for Rs. 60,000
15 With draw Cash from bank Rs. 10,000
25 Paid electric charges Rs. 300
10 Paid Salary Rs. 1,500

6) Record the following transaction to the Journal of Mr. Moorthi 2022 Jan
1 Moorthy commenced business with cash, Rs. 5, 00,000
3 Paid into Bank Rs. 1, 00,000
5 Bought goods for Rs. 1, 20,000
7 Paid traveler charge Rs. 500

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10 Sold goods for Rs. 500.
15 Sold goods to Amirthalangan Rs. 80,000
20 Purchased goods from Neel amegam Rs. 70,000
25 Withdraw cash Rs. 50,000

7) Journalise the following transaction in the journal of Thiru.Anbalagan. 2020 Jan

1 Anbalagan connected business with a capital of Rs. 50,000
3 Bought goods for cash Rs. 30,000
4 Sold goods for cash Rs. 25,000
5 Deposited in Indian Bank Rs. 20,000
6 Bought goods from Ravichandran Rs. 25,000
7 Bought furniture for cash Rs. 2,000
8 Sold goods to Mr. Narasimhan Rs. 2,000
9 Paid cash to Mr. Srinivasan Rs. 5,000
10 Narasimhan returned goods worth Rs. 1,000
11 Paid advertisement charges Rs. 2,000
12 Returned goods to Ravichandran Rs. 1,500
13 Withdraw cash from Bank Rs. 5,000
15 Bought a bicycle for office use Rs. 1,500
16 Received commission Rs. 500.
18 Draw cash for personal use Rs. 3,000
19 Electric charges paid Rs. 300
20 Paid Insurance premimum Rs. 100
25 Interest received Rs. 150
31 Paid Rent Rs. 1200
31 Paid Salaries Rs. 4800
31 Paid Commission Rs. 300
31 Interest accured Rs. 600
31 Salary due Rs. 1,500
31 Prepaid insurance Rs. 1,000
31 Commission received in advance Rs. 250.

8) Enter the following transactions in journal and post them in the ledger of
Mr.Srinivasan 2022 July

Srinivasan commenced his business with the following assets And liabilities plant and
Machinery Rs. 25,000, Stock Rs. 9000, Furniture Rs. 7,000 , Cash Rs. 50,000 Sundry
creditors Rs. 15,000

2 Sold goods to Youganatham Rs. 15,000

3 Bought tgoods from Sivakanatham Rs. 6,500
4 Youganatham Paid cash Rs. 12, 00
6 Returned damaged goods to Sivakanatham Rs.200
10 Paid Sivakanatham Rs. 2,800
15 Bought goods from Gopal Rs. 5,400
17 Sold goods to palani Rs.7, 500
18 Received Cash from palani Rs. 6,500
20 Palani returned damaged goods Rs. 400
22 Paid Gopal Rs. 3,600
30 Paid Rent Rs. 500
31 Paid Salaries Rs. 900.

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9) Post the following direct into ledger of Thiru . Kattabomman 2022 Oct
1 Received Cash from Rs. 16,000
2 Bought goods for Cash Rs. 6,000
3 Sold to Chandran Rs. 3,000
5 Bought from Dhandapani Rs. 5,000
6 Sold to sthiraja Rs. 1,000
7 Paid Cash for Salary Rs. 1,000
8 Received Cash for commission Rs. 2,000
9 Paid Cash Rs. 1,500
10 Withdraw Cash for personal use Rs. 1,800

10) Journalise the following in the books of Thiru. Mohanasundaram and Post them
into ledger. 2021 Feb
4 Sold on credit to Rangabashyam Rs. 4,500
9 Purchased on credit from Pattabhi Seetharaman Rs. 7,000
14 Purchased for Cash from Johnson Rs. 5,000
16 Received from Rangabashyam Rs. 4,000
20 Paid to pattabhi Seetharaman Rs. 6,000
21 Paid Wages Rs. 400
25 Received commission Rs. 700.

11) Journalise the following transaction of Mr. Ramamoorthi 2020 Mar

Ramamoorthi started business with cash Rs. 80,000 Goods Worth Rs. 40,000 and
Furniture Rs. 15,000

2 Opened current Account Rs. 15,000

3 Bought of shanmugam Rs. 10,000
4 Sales to Radha Krishnan Rs. 10,000
5 Sold to Ramanujan Rs. 40,000
6 Ramasamy sold goods to us Rs. 5000
7 Kannappan bought goods from us Rs. 3,000
8 Typewriter purchased Rs. 6,000
9 Received goods returned by Radhakrishnan Rs. 700
11 Returned goods to Shanmugam Rs. 500
15 Received cheque from Radhakrishnan Rs. 7,000
16 Paid Radhakrishnan cheque into Bank
18 Sold goods to Sekar and cash received Rs. 1,000
19 Paid into Bank Rs. 1,000
20 Purchased a motor cycle for personal use Rs. 1,000
22 Pen, Pencil, and ink purchased and paid to cheque Rs. 250
24 Bought of steel cash Box through cheque Rs. 2,000
25 Draw cheque for personal use Rs. 1,500
27 Withdraw form Bank Rs. 3,000
31 Paid Salaries Rs. 2,500.

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12) Journalise the following transaction in the Journal of Mr. Arumugaswamy
2022 June

1 Started business with Rs. 75,000

3 Goods purchased Rs. 7,000
5 Goods sold Rs. 5,000
10 Goods purchased from kannan Rs. 20,000
15 Goods sold to Subramanian Rs. 25,000
16 Goods returned from kannan Rs. 500
18 Goods returned from subramaniyam Rs. 1,000
20 Opened an account in Indian Bank Rs. 15,000
22 Draw from Bank Rs. 3,000
26 Furniture purchased paid Rs. 300
28 Insurances premium paid Rs. 300
29 Electric charges paid Rs. 250, Draw for personal use Rs. 1,000
30 Salaries paid Rs. 1,200.

13) The following particulars have extracted from Mr. Raja ram’s books. You are
required to enter in his journal. 2021 Mar

1. Contributed capital Rs.90, 000. Paid for furniture Rs.3, 500. Paid into Bank
Rs. 34,000
2. Bought goods Rs. 34,000 Bought of from Gwalior mills Rs. 15,000
3. Bought of Premier Mills, Bombay Rs. 10,000
4. Sold of M/S Vellore Silk, House Rs. 5,000
5. Sold to Mr. Mariappan Rs. 15,000
7. Paid for advertisement Rs. 7,000
9. Bought stationery Rs. 1,000
10. Paid for printing Rs. 300
12. Bought from Binny Mills, Banglore 5,000. Paid for freight and carriage 200
14. Paid Gwalior Mills by cheque 9,800, Discount received Rs. 200
16 Paid premier Mills by cheque in full settlement of their account 4,900
18 Cash Sales Rs. 2,000
20 Received from Mr. Mariappan in full settlement of his account 6,850
21 Withdraw cash for personal use Rs. 1,000
25 Paid commission Rs. 500
27 Paid Rent by cheque Rs. 700
31 Paid Salaries to Manager by cheque Rs. 3000. Paid salaries Rs. 12,000

14) Enter the following transactions in journal, post them to the ledger and strike the
balance in account of Mr. Karthikeyan 2022 Oct

1. Karthikeyan started business with cash Rs. 1,00,000

2. Purchased goods from Mudiarasan Rs. 50,000
3. Sold goods for cash Rs. 20,000
5. Paid Mudiarasan Rs. 35,000
8. Returned goods to Mudiarasan Rs. 500
10. Sold goods from Velayutham Rs. 15,000
15. Purchased goods from Vadivel Rs. 20,000
20. Velayutham returned goods Rs. 300

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25. Sold goods To munusamy Rs. 10,000
28. Paid Vadivel Rs. 18,000
29. Purchased stationary Rs. 300
31. Paid Salaries Rs. 1,500, Paid Rent Rs. 1,000

15) For the following transaction write the journal entries and post tehm to the ledger
accounts and balance them. 2020 Sep

1. X.Commenced business with cash Rs. 1,00,000

2. Paid into Bank Rs. 60,000
3. Purchased goods for cash Rs. 10,000
4. Purchased goods from Y Rs. 50,000
5. Sold goods for Cash Rs. 20,000
6. Sold goods to Z Rs. 20,000
7. Returned goods to Y Rs. 1,000
8. Z returned goods Rs. 2,000
9. Paid cash to Y Rs. 10,000
10. Received cash from Z Rs. 8,000
11. Paid Salaries Rs. 3,000
12. Received interest Rs. 1,000
13. Introduced into business further cash Rs. 10,000
14. Took money for personal use Rs. 1,000

16) William Jones commenced a business on the 1st January .The following were his
transaction for the first month 2022 Jan
1. Commenced business with Rs. 25,000
Paid to bank Rs. 25,000
Purchased furniture, paid by cheque Rs. 2,000
3. Bought goods from James Harrison & Co Rs. 5,400
Sold goods to William JAdams Rs. 4,800
Installed Telephone under Own your Own Telephone scheme,
paid cheque Rs. 2000
7. Bought goods from James Harrison &Co Rs. 6,450
8. Paid for office stationery in cash Rs. 80,
Sold goods to H. Allan &Co 5,350
10. Received Cheque from William J Adams Rs. 4,680
(Discount Allowed Rs. 270)
11. Paid James Harrison & Co by cheque Rs. 5,130 (Discount Received Rs.270)
12. Paid 3 months rent to 31st march in cash Rs. 6600
13. Bought goods from H.Kershaw 7,400
15. Paid wages in cash Rs.80. Paid office expanses in cash Rs. 70.
17. Bought goods of W.Smith&Co Rs. 6,250 .Sold goods of W.Hobsen Rs. 3,200
19. Sold goods to Wm. J.Adams Rs. 1600
21. Sold goods h. Adamn & Co Rs. 7800. Received from H.Hobsen cheque 1,000
22. Paid wages in cash Rs. 80. Paid office expanses in cash Rs. 50.
25. Paid W. Smith &Co by cheque in full settlement Rs. 6,130
26. Received cheque from H.Allan & Co in full settlement.
H. Hobson cheque returned dishonored Rs. 5,200
27. H.Allah & Co returned goods not up to sample Rs. 200
28. Paid wages in cash 80
Paid for newspaper and periodicals Rs. 30
Sold old newspaper Rs. 50
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17) Journal Entries 2021 Jan

1. Mr. Paman started business with cash Rs. 50,000 buildings Rs. 50,000.
Furniture Rs. 20,000 , Machinary Rs. 1,00,000 bank loan Rs. 50,000
2. Goods purchased Rs. 5,000
3. Goods purchased from Aitid Rs. 3,000
4. Goods sold Rs. 3000
5. Goods sold to B.ltd Rs. 10,000
6. Goods returned to A ltd Rs. 300
7. Goods returned to B ltd Rs. 500
8. Opened a bank A/C Rs. 10,000
9. Purchased Furniture Rs. 1,000
10. Withdraw cash for personal use Rs. 500
11. Withdraw cash from Bank Rs. 500
12. Sold Machinery Rs. 20,000
13. Cash purchased Rs. 2,000
14. Cash sales Rs. 10,000

18) Journal Entries

2022 Apr
1. Mr. Prabhu started business with the following
Cash Rs. 25,000
Machinery Rs. 60,000
Building Rs. 40,000
Bank Rs. 30,000
5. Purchased Furniture Rs. 5,000
10. Purchased Goods Rs. 6,000
15. Paid wages Rs. 4,000
20. Sold Goods Rs. 15,000
23. Purchased goods from X & Co Rs. 6,000
30. Paid wages Rs. 2,000
May
4 Sold goods to S & Co Rs. 20,000
7 Paid Salary Rs. 4,000
8 Paid Rent Rs. 1,000
10 Paid Interest Rs. 1,000
13 Withdrew for personal use Rs. 500
15 Received Rent Rs. 900
20 Received Divident Rs. 500
28 Purchased Furniture Rs. 3,000
30 Sold Machinery Rs. 5,000
June
6 Sold goods to Mohan X & Co Rs. 15,000
9 Cash received from Mohan X & Co Rs. 10,000
15 Cash received from S & co Rs. 15,000
20 Cash Paid to X & Co Rs. 3,000
27 Cash Paid to Ram & Co Rs. 2,000
30 Repaid Bank loan Rs. 10,000
July
2 Paid Salary Rs. 5,000
5 Withdrew for personal use Rs. 1,000

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19) Journal Entries 2020Apr

1 Purchased a car Rs. 50,000
2 Paid Wages Rs. 1,000
3 Received Rent Rs. 2,000
4 Paid interest Rs. 900
5 Sold a computer Rs. 5000
6 Received from kannan Rs. 1,000
7 Paid to ABC Ltd Rs. 10,000
8 Paid salary to Ramasamy Rs. 10,000
9 Paid into Bank Rs. 5,000
10 Withdrew from Bank Rs. 1,000
11 Interest Received Rs. 500
12 Cash Sales Rs. 5,000
13 Cash Purchases Rs. 3,000
14 Stationery Purchased Rs. 100
15 Insurance Paid Rs. 200

20) Journal Entries 2022 May

1. Kumar started a business with Rs. 1,00,000

2. He purchased Furniture for Rs. 15,000
3. Purchased a computer for Rs. 10,000
4. Purchased a goods for Rs. 10,000
5. Sold goods for Rs. 30,000
6. Purchased goods from X & Co Rs. 5,000
7. Sold goods to Y & Co Rs.15,000
8. Paid Salary Rs. 1,000
9. Paid Wages Rs. 500
10. Received interest Rs. 500
11. Received Rent Rs. 600
12. Opened Bank A/C Rs. 10,000
13. Withdrew for personal use Rs. 1,000
14. Withdrew from Bank Rs. 2,000
15. Goods sold to Y & Co Rs. 8,000
16. Cash received from Y & Co Rs. 5,000
17. Cash paid X & Co Rs. 2,000

21) Enter the following in proper subsidiary books 2021 Nov

1. Bought goods from Sumathi Rs. 2,000
2. Sold goods to Vikram Rs. 1,000
3. John sold goods to us Rs. 1,000
8. Sundari Bought goods to us Rs. 1,000
12. Received goods returned by Vikram Rs. 80
18. We returned goods to Sumathi Rs. 50
20. Sold goods to Tamilselvi Rs. 500
22. Purchased goods from Vinod Rs. 600
25. Returned goods to John Rs. 100
30. Sold goods to Sekar Rs. 600

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22) Enter the following in the Purchases Book & Sales Book of Thiru. Palanivelu
2021 Jan
1. Bought goods from Rs. 10,000
2. Sold goods to Sonu Rs. 5,000
3. Purchased goods from Gopal Rs. 4500
10. Sold goods to Thomas Rs. 3,500
18. Sold goos to Jayapal Rs. 250
20. Purchased goods from Ramesh Rs. 3,000
30. Sold goods to Suresh Rs. 300

23) Record the following transaction in the proper subsidiary books of

M/S Sita & Co and sons 2022 July

4. Sold goods to Ravikumar Rs. 500

6. Sold goods to sivakumar for Rs. 1,100
12. Sold goods to Rajesh Rs. 150
16. Received goods returned by Sivakumar Rs. 300
23. Sent Credit note to Rajan for Rs. 100 being the Invoice over charged.

24) Write upon the following transaction in proper subsidiary books of

Rose Mary 2020 May

10. Purchased goods from Sekaran Rs. 6,000

15. Purchased goods from Raman Rs. 10,000
20. Returned to Raman goods worth Rs. 400
25. Prem sold goods to us Rs. 4,500
28. Sent a debit note to Sekaran for damaged of goods in transit Rs. 250

25) Enter the following transaction in the proper subsidiary books Mr. Stella
2021 Mar

1. Bought goods from Amarchand Rs. 2,000

2. Sold goods to Babu Rs. 1,000
3. Charles sold goods to us Rs. 1,000
8. Ramaswamy bought goods from us Rs. 3,000
10. Received goods returned by babu Rs. 400
12. We returned goods to Amarchand Rs. 250
18. Sold goods to Madhavan Rs. 5,000
22. Purchased goods from Anwar Rs. 6,000
25. Returned goods to charles Rs. 500
30. Sold goods to Munusamy Rs. 6,000

26) Enter the following transaction in the appropriate special journals to Tmt.
Therasa Jana 2022 Aug

1. Bought of Shiva goods Rs. 1,200 per their invoice No. 27

4. Sold to Sharma goods Rs. 800 as per our Invoice No. 69
7. Returned to Shiva goods Rs. 125 Debit Note No. 5
9. Sharma returned goods Rs. 175 Credit Note No. 10

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GURUKULAM COMPUTERS TALLY PRACTICAL
14. Sold to Ramesh, goods of Rs. 475 as per Invoice No.70
15. Purchased from Rahim goods of Rs. 550
17. Returned to Rahim goods of 75 D.N No.6
28. Ramesh returned goods of Rs. 120 C.N No. 11

27) From the following transactions prepare the necessary subsidiary books and open
the necessary ledger accounts. 2021 Jan

1. Purchased goods from Anand Rs. 30,000

2. Sold goods to Rs. 15,000
7. Sam sold us goods from Rs, 15,000
8. Baskar bought goods from us Rs. 9,000
10. Receoved goods returned by Balan Rs. 1,200
12. We returned goods to Anand Rs. 1,000
15. Baskar returned goods Rs. 1,500
18. Sold goods to Venu Rs. 7,000
22. Purchased goods from Mohan Rs. 8,000
25. Returned goods from Sam Rs. 1000
31. Sold goods to Amaran Rs. 1,200

28) Enter the following in a single Cash Book of Mr. Subramanaiam 2020 Mar

1. Commenced business with cash Rs. 11,000

6. Purchased goods for cash Rs. 2,500
10. Cash sales Rs. 4,800
14. Paid into Bank Rs. 4,800
16. Bought goods from Maheshwaran on credit Rs. 6,800
20. Purchased Furniture Rs. 4,300
25. Purchased stationery Rs. 140
27. Paid Maheshwaran Rs. 6,800
30. Drawn from Bank Rs. 3,850

29) From the following particulars compile the simple Cash Book of Mr. Manoharan
2022 June
1. Balance of cash in hand Rs. 2,400
7. Received from Gopu Rs. 1,675
14. Sold goods to Ganesan fro Credit Rs. 4,100
17. Paid salaries Rs. 680
20. Paid Telephone charges Rs. 400
25. Received cheque from Ganesan Rs. 4,100
27. Paid into Bank Rs. 3,500
30. Received commission Rs. 460.

30) Enter the following in Ram Kumar’s Cash book with discount and cash
Columns. 2020 Aug

1. Cash Balance Rs. 1,755

3. Cash Sales Rs. 3,200
8. Paid David 1,475, Discount allowed by him Rs. 25
14. Sold goods to Mahammed on Credit Rs. 1,840
17. Cash with drawn for personal expanses Rs. 250

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GURUKULAM COMPUTERS TALLY PRACTICAL
18. Bought goods from Chandrakanth on credit 1,430
21. Paid rent Rs. 500
24. Paid into Bank 2,175
26. Cash received from MMohammed Rs. 1,8000. Allowed him discount Rs. 40.
27. Draw a cheque for office use Rs. 1,650
30. Paid cash to sekar Rs. 290. Discount Rs. 1,400

31) From the following transaction of Mr. Raman prepare a cash book with cash and
discount columns. 2022 Jan

1. Cash in hand Rs. 10,000

2. Cash sales Rs. 20,000
3. Received cash from Raghu 10,000 and allowed him discount Rs. 100
4. Received a cheque from Mohan for allowed him discount Rs. 40
5. Paid into Bank Rs. 8,000
6. Paid Govindan by cheque 5,900 and was allowed discount Rs. 100
7. Paid Rent by cheque Rs. 500
8. Paid salary by Cheque Rs. 2,000

32) From the following transaction prepare a cash book with cash and
discount columns, 1990 2021 Apr

1. Cash in Hand Rs. 1,000. Cash at Bank Rs. 5,000

2. Received for cash sales 2000, cheque 10,000
3. Received a cheque from Gopu for Rs. 9,800 in full settlement of Rs. 10,000
4. Paid into Bank Rs. 12,000
5. Paid Giri by cheque Rs. 4,900 in full settlement of Rs. 5000
6. Paid stationery by cheque Rs. 1,000
7. Withdraw by cheque for office use Rs. 2000
8. Received a cheque from hari for Rs. 9,000 and it was into bank on the same day
12. Hari’s cheque returned dishonoured.

33) Write up the double column cashbook to Thiru. Karnan from the following
transactions: 2022 Jan

1. Commenced business with cash Rs. 25,000

4. Bought goods by cash 14,000
6. Received from Raman Rs. 10,000 Discount allowed Rs. 20
8. Paid to saravanan Rs. 1,450 Discount allowed his Rs. 50
11. Paid printing and stationery Charges Rs. 1,500
15. Received from Kannan Rs. 475, Discount allowed Rs. 25
17. Paid into Bnak Rs. 5,000
19. Cash sales Rs. 6,250
21. Paid to freight chaarges Rs. 125
24. Paid to Shyam Rs. 1,950 Discount earned Rs. 150
27. Received from Sundharson Rs. 690 Discount allowed Rs. 10
29. Sold goods to Kayal & Co on credit Rs. 3,800
30. Paid salaries Rs. 1,000
31. Withdraw cash for personal expanses Rs. 575, Purchased Furniture for office
use Rs. 3,280

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34) Compile Three column cash book of Thiru. Sugumar from the following
transaction. 2020 Mar

1. Sugumar commenced business with cash Rs. 10,000

3. Deposited in Bank Rs. 4,000
5. Bought goods on cash Rs. 3,800
6. Purchased goods by cheque Rs. 1,500
11. Sold goods to Nirmala on CreditRs. 3,500
12. Received cheque from Manohar Rs. 290 Discount allowed Rs. 10
15. Bought goods from satheesh on Credit Rs. 2,800
17. Cash Sales Rs. 1,500
20. Paid carriage Rs. 35
24. Withdrew from Bank for use Rs. 2,175
25. Paid wages by cheque Rs. 130
28. Withdrew for personal use by cheque Rs. 350
29. Paid satheesh Rs. 1,120 Discount allowed by him Rs. 40
30. Paid into a cheque for Rs. 3,500 from Nirmala in full settlement of his
account, which is deposited into bank.

35) Enter the following transactions in three column cashbook of Shri. Muralitharan
and balance the same. 2021 Feb

1. Cash in hand Rs. 2,500 Cash at Bank Rs. 6,000

3. Paid into Bank Rs. 1,200
5. Purchased Furniture by cheque Rs. 4,000
9. Cash Purchases Rs. 1,000
13. Received from Manij Rs. 1,180 Discount allowed Rs. 20
15. Cash sales Rs. 8,200
16. Drew cheque for office Expanses Rs. 4,850
17. Paid senthil Rajan by cheque Rs. 1,850 Discount allowed by him Rs.50
20. Paid into bank Rs. 800
22. Withdrew cash for personal use from the Bank Rs. 750
24. Received cheque from Banu Rs. 1,815 allowed discount by him Rs. 35
25. Banu’s cheque has deposited into Bank
26. Somu, our customer has paid directly into our bank A/C Rs. 3,210
27. Paid Rent by cheque Rs. 650

36) Compile Three column cashbook of Mr. Suguna from the following transaction
and balance the cash book as on 30th June 1993 2020 June

1 cash at office Rs. 240, Bank balance Rs. 3,755

2. Cash sales Rs. 1.375
5. Paid into cash Rs. 1,750
7. Prathap settled his account for Rs. 1250 by giving a cheque for 1,230
8. Prathap cheque sent to bank for collection
10. Sold goods to kalpana on credit Rs. 2,025
13. Paid goods to kalpana on credit Rs.800
15. Paid to advertising Rs. 180
16. Prathap cheque returned dishonoured
18. Received from Raghunath a currency not for gave him change for it Rs. 500

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21. Received cheque from kalpana Rs. 2000 for in full settlement of her account
of Rs. 2,025 Deposited kalpana cheque into Bank.
25. Paid Rent Rs. 600
29. Withdrew for office use Rs. 4,250

37) Prepare Three column cashbook of Shri. Peter from the following transaction.
2022 Oct

1. Cash in hand Rs. 260, Bank balance Rs. 1,400

2. Cash sales Rs. 7,500
3. Paid into Bank Rs. 3,710
5. Purchased goods by cheque Rs. 3,000
6. Received from Amalraj cheque for Rs. 1,870 in full settlement
of his account Rs.1,900
9. Amalraj’s cheque paid into Bank
10. Withdrew from bank for offiace use Rs. 860
11. Paid Electricity charges Rs. 135.
15. Paid to praveen by cheque 1,400 in full settlement of account of Rs. 1,500
19. A cheque of Rs. 900 is issued, towards the college fees of
the proprietor’s daughter.
22. Received from Sugunathan 1,365 Allowed him discount Rs. 35]
31. Deposited into bank all cash in excess of Rs. 500

38) Enter the following transaction in Three column cash book of Thiru . Venthan
2020 Jan

1. Cash in hand Rs. 150, bank balance Rs. 1,378

3. Sold goods to Uma Devi for Rs. 7,500 cash discount allowed 1%
received cheque for them
4. Paid to tax Rs. 130
6. Bought goods for Mariappan for Rs. 1,200 Cash discount
received 2% and paid cheque for the balance
10. Received repayment of loan from Eswaran Rs. 2,400
12. Paid into Bank Rs. 1,400
15. Paid Rs.100 to Amuthan & Co half by cash and half by cheque
16. Bank charges as per pan book Rs.25
17. Stationery Rs.125
19. Sold goods for cash and banked the same Rs.5,400
20. Same sent to suganthini by money order Rs. 200 the M.O
commission begin Rs. 10
25. Paid salaries by cheque Rs. 3,000
30. Paid into Bank Rs. 6,000

39) Journal Entries 2022 Jan

1. Raman started a business with a captial of Rs. 50,000

2. Paid into Bank Rs. 10000
3. Purchased goods for cash Rs. 5000
4. Sold goods for cash Rs. 8000
5. Purchased goods from Mohan for cash Rs. 4000
6. Sold goods to Kannan for cash Rs. 7000

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GURUKULAM COMPUTERS TALLY PRACTICAL
7. Purchased goodds from suresh on credit Rs. 5000
8. Sold goods to Ramesh on credit Rs. 7500
9. Purchased goods from Mani Rs. 4000
10. Sold goods to Krishnan Rs. 6000

40) Journalise the following transactions in the book of Mr. Kumar 2021Mar

1. Kumar started a business with a capital of Rs. 75000

2. Paid upto Bank Rs. 25000
3. Purchased goods for cash Rs. 10000
4. Purchased goods from Ramu for cash Rs. 5000
5. Purchased goods from Somu on credit Rs. 8000
6. Purchased goods from Babu Rs. 5000
7. Sold goods for cash Rs. 25000
8. Sold goods to Kannan for cash Rs. 15000
9. Sold goods to Mani on credit Rs. 12000
10. Sold goods to Balu Rs. 20000

41) Journalise the followimg transactions in the books of Mr. Boopathi 2020 Jan

1. Boopathi started a business with a capital of Rs. 40000

2. Paid into bank for cash Rs. 20000
3. Sold goods for cash Rs. 10000
4. Purchased goods for case Rs. 10000
5. Purchased goods from muthu on credit Rs. 15000
6. Sold goods to ganesan for cash Rs. 15000
7. Purchased goods from muthu on credit Rs. 16000
8 Sold goods to basker on credit Rs. 20000
9. Purchased goods from Murali Rs. 6000
10. Sold goods to ganesan Rs. 10000

42) Journalise the following transactions in the books of Mr. Ramesh 2022 Mar

1. Ramesh started a business with a captial of Rs. 35000

2. Paid into bank Rs. 15000
3. Purchased goods for cash Rs. 4000
4. Sold goods for cash Rs. 6000
5. Purchased goods from Chandran Rs. 100000
6. Sold goods to danapal Rs. 15000
7. Goods returned to Chandran Rs. 2000
8. Goods returned tp danapal Rs. 3000
9. Purchased goods from Jayakumar on credit Rs. 15000
10. Sold goods to Kumaran on credit Rs. 20000
11. Goods returned to Jayakumar Rs. 4000
12. Goods returned to Kumaran Rs. 3000
13. Purchased goods Rs. 6000
14. Sold goods Rs. 8000

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GURUKULAM COMPUTERS TALLY PRACTICAL

43) Journalise the following transactions in the books of Mr. Suresh 2020 March

1. Suresh started a business with a captial of Rs. 5000

2. Purchased goods Rs. 10000
3. Sold goods Rs. 11000
4. Purchased goods from sundar Rs. 10000
5. Goods returned to Sundar Rs. 2000
6. Sold goods to ravi Rs. 15000
7. Goods returned by ravi Rs. 3000
8. Balaji sold goods to us Rs. 12000
9. Ramesh purchased gods from us Rs. 16000
10. Balaji received back gods from us Rs. 1000
11. Ramesh returned goods to us Rs. 2000
12. Goods purchased by murali from Rs. 8000
13. Goods returned by murali Rs. 500
14. Goods sold by nagaraj to us Rs. 11000
15. Goods returned to nagaraj Rs. 1000

44) Journalise the following transactions of the books of Mr. Jayaraj 2022 Jan
1. Jayaraj started a business with a capital of Rs. 50000
2. Paid into Bank Rs. 20000
3. Purchased goods for cash Rs. 10000
4. Sold goods for cash Rs. 13000
5. Purchased goods from sundar for cash Rs. 8000
6. Sold goods to basker for cash Rs. 12000
7. Purchased goods from Krishnan Rs. 15000
8. Goods returned to krishnan Rs. 5000
9. Sold goods toKannan Rs. 20000
10. Goods returned by Kannan Rs. 5000
11. Purchases goods from Arumugam credit Rs. 14000
12. Sold goods a chandran on credit Rs. 16000
13. Goods returned to chandru Rs. 2000
14. Goods returned to Arumugam Rs. 3000
15. Ragavan sold goods to us Rs. 13000
16. Ragavan received back goods from us Rs. 3000
17. Raman sold goods to us Rs. 10000
18. Raman returned goods to us Rs. 1000
19. Goods purchased by Murugesan from us Rs. 12000
20. Goods returned by Murugesan Rs. 2000
21. Goods sold by prabakar to us Rs. 10000
22. Purchased goods from sundaram Rs. 20000
23. Goods received back by prabakar Rs. 1500
24. Goods returned to sundaram Rs. 20000
25. Sold goods to selvam Rs. 25000
26. Selvam purchased goods from us Rs. 4000
27. Suresh sold goods to us Rs. 25000
28. Suresh returned goods to us Rs. 5000
29. Madhavan sold goods to us Rs. 15000
30. Madhavan received back goods form us Rs. 2000

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STUDY ABOUT INVENTORY - BILL BY BILL WISE

INVENTORY / CATEGORY

1. Do the following Inventory with suitable options.

Stock Stock Cost Selling Op. Cash Cash

Group Items Price Price Stoc purchase Sales
Tooth Colgate 25 28 15 Ps 30 Ps 4 Ps
Paste Close up 20 25 10 Ps 20 Ps 5 Ps
Pepsodent 22 27 12 Ps 15 Ps 3 Ps
Ballpoint Camlin 12 185 10 Ps 24 Ps 5 Ps
Pens Addjel 10 12 12 Ps 12 Ps 6 Ps
Cello 10 12 5 Ps 12 Ps 9 Ps
Luxert 8 10 8 Ps 24 Ps 10 Ps
Refund GoldWinner 45 52 5 Lr 24 Lr 6 Lr
Oil Sunflower 44 50 10 Lr 12 Lr 8 Lr
Idayam 48 52 6 Lr 15 Lr 12 Lr
Cloth Pant Bit 50 75 10 M 20 M 5M
Shirt Bit 40 65 12 M 20 M 12 M
Screen Cloth 30 40 5M 25 M 10 M
Banner Cloth 20 25 8M 25 M 2M
Papers Ruled 120 130 8 Rm 10 Rm 2 Rm
Unruled 120 130 10 Rm 12 Rm 5 Rm
Bond 140 150 5 Rm 10 Rm 3 Rm
Xerox 130 140 2 Rm 10 Rm 4 Rm

Tettool Ltd had the following Balance on 01-04-2005. So do the following with suitable
options (Bill by billwise)

Sundry Debtors Ram & Co 5,000

Date Amount Bill No
30.01.2003 3000 140
24.12.2005 2000 152

Sundry Debtors Laxman & Co 8,000

Date Amount Bill No
05.01.2005 4000 156
07.02.2005 3000 159
10.02.2005 1000 162

Sundry Debtors Sita Ltd 5,000

Date Amount Bill No
04.03.2005 1000 200
05.03.2005 2000 215
15.03.2005 2000 218

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GURUKULAM COMPUTERS TALLY PRACTICAL

Sundry Creditors Bharath Ltd 10,000

Date Amount Bill No
05.01.2005 3000 103
20.02.2005 5000 104
03.03.2005 2000 105

Sundry Debtors Ram & Co 20,000

Date Amount Bill No
05.01.2005 10000 121
30.02.2005 3000 122
25.03.2005 7000 123

Sales New Ref

Name Date Amount Bill No.
Ram & Co 04.04.2005 5000 302
Laxman & Co 05.05.2005 3500 303
Sita & Co 06.06.2005 8000 305
Laxman & Co 07.07.2005 9000 315
Sita & Co 08.08.2005 1000 330
Deva & Co 09.09.2005 1000 334

Purchase New Ref

Name Date Amount Bill No.
Bharath Ltd 10.04.2005 10000 505
Bima Ltd 10.05.2005 5000 520
Bharath Ltd 10.06.2005 6000 540
Sekar & Co 11.07.2005 8000 550
Kumar & Co 12.10.2005 7000 561

Receipts Agf. Ref

Name Date Amount Bill No.
Ram & Co 12.04.2005 50% 140
Ram & Co 15.04.2005 50% 152
Laxman & Co 13.04.2005 50% 156
Laxman & Co 17.04.2005 50% 159
Laxman & Co 20.04.2005 50% 162
Ram & Co 06.06.2005 50% 302
Laxman & Co 06.07.2005 50% 303
Sita & Co 05.04.2005 100% 200
Sita & Co 07.04.2005 100% 215
Sita & Co 15.04.2005 100% 218
Sita & Co 07.04.2005 30% 305
Laxman & Co 07.08.2005 100% 315
Sita & Co 09.09.2005 30% 330
Deva & Co 10.10.2005 50% 334

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 GURUKULAM COMPUTERS TALLY PRACTICAL

Payments Ags Ref

Name Date Amount Bill No.
Bharath Ltd 05.04.2005 2000 103
Bharath Ltd 10.04.2005 4000 104
Bima Ltd 10.05.2005 10000 121
Bharath Ltd 10.06.2005 8000 505
Bima Ltd 11.06.2005 3000 520

STUDY ABOUT INVENTORY - BILL BY BILL WISE

INVENTORY / CATEGORY

Do the following Inventory by category wise with suitable options.

Stock Stock Cost Selling Op Cash Cash

Category Date
Group Items Price Price Stock Purchase Sales
50 Gms 12 15 10 5 2 03.04.2001
Colgate 100 Gms 24 27 5 10 3 05.04.2001
Tooth 200 Gms 40 45 8 20 4 08.06.2001
Paste 50 Gms 10 13 3 10 5 10.06.2001
Close Up 100 Gms 20 24 8 12 8 11.06.2001
200 Gms 38 42 5 20 3 12.07.2001
Ordinary 9 12 12 5 1 16.08.2001
Camlin Special 12 15 4 8 3 08.09.2001
Ball Point S.Special 15 20 8 10 4 07.09.2001
Pen Old Type 12 15 10 10 5 12.10.2001
Cello New Type 15 20 13 10 3 25.10.2001
Latest 18 24 16 10 2 30.11.2002
1 Lr 40 45 8 30 5 06.12.2001
Gold Winner 2 Lr 80 84 12 20 8 22.12.2001
Refund 5 Lr 20 210 6 10 4 01.01.2002
Oil 1 Lr 38 43 10 10 4 09.01.2002
Idayam 2 Lr 75 80 12 5 3 15.02.2002
5 Lr 190 200 5 10 2 10.01.2002

2. Do the following Inventory by category, Credit Sales and Credit Purchase with Suitable
options

Stock Stock Op Cost Selling

Category Credit Purchases Credit Sales
Group Items Stock Price Price
10.04.01 16.04.01
Small 8 80 90 25 Cash 5 Kumar
Cricket
Bat Medium 4 120 145 20 Raja & Co 4 Cash
Bat
Normal 5 200 230 12 Ravi &Co 3 Senthil
15.05.01 19.05.01
Medium 3 10 15 15 Mani &Co 8 Cash
Brush Colgate
Smooth 6 10 15 12 S Ltd 9 Kumar

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 GURUKULAM COMPUTERS TALLY PRACTICAL

Hard 4 12 20 24 Cash 6 Senthil

16.06.01 25.06.02
50 Gms 8 15 20 30 Cash 4 Senthil
Powder Denim 100 Gms 9 22 30 10 Raja & Co 2 Cash
250 Gms 6 35 50 50 S Ltd 5 Kumar
18.08.01 10.09.02
Cork
5 20 25 10 Ravi & Co 9 Cash
Ball Cricket Rubber
3 10 18 20 Cash 3 Ramseh
Plastic
4 5 15 20 Mani & Co 8 Ramesh

3. Do the following Inventory by category, Credit Sales and Credit Purchase with Suitable
options

Stock Stock Op Cost Selling

Category Credit Purchases Credit Sales
Group Items Stock Price Price
15.04.01 18.04.01
Cow C.Drum Block 10 100 120 15 Raja 20 Cash
Dyed Dyed Brown 8 200 240 20 Kumar 10 Shenthil
Mill Mill Tan 7 300 315 10 Ravi 5 Manju
06.05.01 19.05.01
Goat Goat Block 6 100 125 20 Cash 15 Ranjith
Lather Natural Brown 5 20 220 22 ravi 12 Manoj
07.06.01 2.06.01
Block 9 300 315 10 Raja 10 Hemnath
Tape ¼
Brown 8 200 250 10 Vani 8 Vino
Cotton
18.07.01 21.07.01
Tape Brown
Tape ½ 3 100 110 20 Deepa 12 Raja
Tan
2 200 215 30 Cash 13 Moorthy

STUDY ABOUT TRACKING NUMBER

TRACKING NUMBER WITH REJECTION NOTE

Do the following with suitable Tracking Number options.

Cost Track Selling T.

Group Items Purchases Date Sales Date
Price No Price No
Soap Hammam 20 A 15.00 1 15.06.02 8 Hari & Co 20 1 18.06.02
Biscuit Britaniya 20 B 10.00 2 20.07.02 9 X &Co 15 2 23.07.02
Pen Camlin 10 C 15.00 3 30.07.02 6 Vel & Co 20 3 03.08.02
Oil Ideas 10 D 50.00 4 05.08.02 5 Kala & Co 55 4 08.08.02
Mala &
Pencil Apsara 30 E 5.00 5 10.11.02 3 6 5 13.11.02
Co
Prabu &
Note Ruled 15 F 12.00 6 11.12.02 2 15 6 14.12.02
Co
Sundar &
Book English 25 G 20.00 7 01.01.03 10 25 7 04.04.03
Co

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 GURUKULAM COMPUTERS TALLY PRACTICAL
2. Do the following with suitable Tracking Number with rejection Note options.

Group Items Q/S Purchases C/P Sales S/P R- R-in T. No

Out
Bag School Bag 10 24 A 100 5X 200 2 1 1

Travelling Bag 8 24 A 200 5X 400 3 1 2

Cash Bag 5 20 B 50 4X 100 2 2 3

Marketing Bag 4 20 B 150 4Y 300 4 1 4

Pc Compact Pc 4 10 C 15000 2Z 20000 1 1 5

Acer PC 3 10 C 15000 2Z 20000 1 1 6

IBM PC 5 8D 18000 4S 22000 2 1 7

Colt PC 2 8D 18000 3S 23000 1 2 8

STUDY ABOUT INVENTORY

DIFFERENT RATES AND DIFFERENT DATE

1. Do the following with different rate and different date.

Madhavan started the rice business

2002
Apr He invested Rs. 1,00,000 in the business
1
Purchase Date Qty Rate Cash/ Credit
Basmathi Rice 3.04.02 1000 Kgs 30 Cash
Pooni Rice 30.01.02 1000 Kgs 20 Cash
IR 20 Rice 3.04.02 1000 Kgs 10 X & Co
Sales Date Qty Rate Cash/ Credit
Basmathi Rice 05.03.02 10 Kgs 35 Cash
Pooni Rice 05.05.02 20 Kgs 25 Y & Co
IR 20 Rice 05.05.02 10 Kgs 20 Cash
Purchase Date Qty Rate Cash/ Credit
Basmathi Rice 15.05.02 28 Kgs 28 X & Co
Pooni Rice 15.05.2 18 Kgs 18 Cash
Sales Date Qty Rate Cash/ Credit
Basmathi Rice 08.05.02 50 Kgs 33 Cash
IR 20 Rice 18.05.02 10 Kgs 24 Y & Co
Purchase Date Qty Rate Cash/ Credit
Basmathi Rice 01.06.02 100 Kgs 35 Cash

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GURUKULAM COMPUTERS TALLY PRACTICAL

Pooni Rice 01.06.02 100 Kgs 35 X & Co

Sales Date Qty Rate Cash/ Credit
Basmathi Rice 10.06.02 5 Kgs 38 Cash
Pooni Rice 10.06.02 5 Kgs 28 Cash

2. Do the following Cost Centre with Cost Category

Salary 1,00,000
Sales Dept 20,000
Mr. M. Rajiv 5,000
Mr. R. Anbu 5,000
Mr. M. Chandran 5,000
Mr. S. Arul 5,000
Purchase Dept. 30,000
Mr. M. Ghandhi 10,000
Mr. B. Raman 10,000
Mr. T. Prabhu 10,000
Accounts Dept. 50,000
Mr. J. Kumar 20,000
Mr. M. Akash 10,000
Mr. S. Dhanus 40,000
Mr. K. Mani 10,000

STUDY ABOUT COST AND COST CATEGORY

1. Raman has opened a shop with Rs. 2, 00,000

He purchased furniture Rs. 30,000
He purchased Building Rs. 30,000
He made the following purchases.

Items Qty Rate Creditors

Hammam Soap 25 15 Cash

Medimix Soap 25 12 A Ltd

Lifeboy Soap 25 20 B Ltd

He made the following Sales.
Items Qty Rate Creditors
Hammam Soap 4 20 Cash

Medimix Soap 8 18 X Ltd

Lifeboy Soap 5 25 Y Ltd

He Sold furniture for Rs. 1000

He received cash from X Ltd Rs. 50
He received from T Ltd Rs. 50
He Paid cash to A Ltd Rs. 500

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GURUKULAM COMPUTERS TALLY PRACTICAL

2. Kannan started business with Rs. 2, 00,000

(Do the following sum by using cost centre)
He paid Salary Rs. 50,000 Purchases Dept Rs. 10,000
Sales Dept Rs. 20,000
Accounts Dept Rs. 20,000
He Paid rent Rs. 200 Building A Rs. 1000
Building B Rs. 1000
Case Sales Rs. 1,00,000 Southern Region Rs. 40,000
Northern Region Rs. 60,000
With draw cash for personal Use Rs. 1,000
Paid office Expenses Rs. 500
Sales to R. Ltd Rs. 50,000
Purchases from S Ltd 15,000
Goods returned to S. Ltd Rs. 1000
Goods returned to R. Ltd Rs. 2000
Cash receivable from R Ltd Rs. 30,000
Cash Paid to S. Ltd Rs. 10,000

Exercise -1

From the following transactions prepare a Profit & Loss A/c and Balance Sheet for Farheen
Agencies.

1) April 1, Farheen Agencies started a business with a cash Rs.7,50,000/- and deposited
Rs.50,000/- in SBI.

2) April 2, Purchased Furniture’s for Rs. 15,000/- and given Advertisement for Rs.
10,000/-

3) April 3, Purchased Goods 40 Samsung TV @Rs.8000 from Samsung Company

4) April 3, Purchased Goods 30 Videocon Washing Machine @ Rs.6000 and 40

Videocon Washing Machine @ Rs.7,000 from Videocon Company.

5) April 4, Sold goods 10 Samsung TV @ Rs.10,000 and 10 Videocon Washing

Machine @ Rs.7500 to Mr. Ram.

6) April 7, Sold goods 30 Samsung TV@ Rs.10,000 and 30 Videocon TV @ Rs.9000 to

M/s Arun Lodge.

7) April 10, Purchased 50 Samsung TV @ Rs.8000 from Samsung Company and 50

Videocon TV @ Rs.7000 from Videocon Company.

8) April 12, Deposit Rs.1,00,000/- to SBI.

9) April 14, Paid Rs. 5,000/- for Luggage charges.

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GURUKULAM COMPUTERS TALLY PRACTICAL
10) April 16, Paid Rs.5,000/- Travelling Expenses.

11) April 18, Sold 20 Videocon Washing Machine @ Rs.7,500 to Sona Dry cleaners.

12) April 20, Purchased 10 Videocon Washing Machine @ Rs.6000/- from Videocon
Company.

13) April 22, Rs.20,000/- withdrawn from SBI.

14) April 24, Sold 40 Samsung TV @ Rs.10,000 and 40 Videocon TV @ Rs.9000 to M/s
Ramakrishna Lodge.

15) April 25, Purchase return 10 Videocon TV each worth of Rs.7,000 to Videocon
Company to Technical fault.

16) Interest Received cheque amount Rs.20,000/-

17) April 27, Sales return to Samsung TV each worth Rs.10,000/- from M/s Ramakrishna
Lodge.

18) April 27, Paid Salaries Rs.10,000 and Paid Rs.5,000/- for electrical charges as cash.

19) April 28, Paid Rs.4,000/- for Telephone charges and Rs.7500/- for shop rent by
cheque.

20) Paid for freight and carriage Rs.1500/- by cash.

22