No 5. Journal Entries | Download Tally Assignment For Practice

  Assignment 7: Mahima Electronics

Create Company with following details:

Mahima Electronics, 124, S.V. Road, Mulund (W), Mumbai-400097.


1.  Company. has toward bank Account’s (A) HDFC Bank - 50,000/- (B) ICICI Bank -70,000/-

2.   Company. Has Opening Cash - 1, 00,000/-.

3.   Company. Deposited cash in to HDFC Bank - 15,000/-

4.   Company. Deposited cash in to ICICI Bank -10,000/-.

5.   Company. Purchase a Nokia Mobile N-73 of Rs. 13,400/- from Abhishek Mobile World.

6.   Company. Purchase from Kanak Agency A Cooler Rs 6,500/-

7.   Company. Purchase Airtel Recharge Voucher Rs 222/- from Goyal Sales.

8.   Company. Received from Parth & Com. Rs- 84,500/-.

9.   Company. Purchase Furniture of Rs. - 17,750/- From: - CASA Modern.

10. Company. Deposit Rs - 17,750 /- in ICICI Bank.

11. Company. Purchase Shares of Tata of Rs. 16,000/- in Cash.

12. Company. Withdraw Rs-23,750/- ICICI Bank.

13. Company Paid to Kanak Agency Rs. 65, 00/- Cash.

14. Company Paid to Goyal Sales Rs. 222/- Cash.

15. Company. Paid water bill Rs. 750/- & Electricity bill Rs. 4500/- in ICICI Bank.

16. Company. Paid to CASA Modern Rs -17,750/- in HDFC Bank.

Answer: - Net Loss 5472/-


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