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1. Mr. Sachin started Business with Cash of Rs. 1,00,000.
2. Mr. Sachin opened a new Bank Account in HDFC Bank & Deposited Rs. 50,000.
3. Mr. Sachin Purchased Computer of Rs. 20,000 by Cash.
4. Purchased Goods of Rs. 15000 by Cash.
5. Sold goods of Rs. 10,000 on Cash.
6. Sold goods of Rs. 6000 on Cash.
7. Mr. Sachin purchase Furniture of Rs. 10,000 by cheque.
8. Purchase goods of Rs. 12000 from Krishna on Credit.
9. Sold goods to Sanjay of Rs. 15,000 On Credit.
10. Paid Petrol Expenses of Rs. 500 by Cash.
11. Paid Telephone Expenses of Rs. 1200 by Cash.
12. Received Cash from Sanjay of Rs. 10000.
13. Withdraw Cash from HDFC Bank of Rs. 15000.
14. Paid Rent Expenses of Rs. 3000 by Cash.
15. Purchase goods of Rs. 10,000 by Cash. Sold goods of Rs.15000 on Cash.
16. Paid Cash to Krishna of Rs. 7000.
17. Received Commission of Rs. 5000 by Cash.
18. Paid petrol Expenses of Rs. 300 by Cash.
19. Loan taken(Receipt) from Bhushan of Rs. 20,000 in cash.
20. Sold goods to Jayesh Agencies of Rs. 17000 on credit.
21. Received cheque from Sanjay of Rs. 2000.
22. Deposited Cash in HDFC Bank of Rs. 10,000.
23. Paid Office Expenses of Rs. 500 by Cash.
24. Paid Electricity Expenses by cheque of Rs. 1000.
25. Cheque of Rs. 1500 transfered from HDFC Bank to ICICI Bank .
26. Purchased AC from Mahavir Enterprises of Rs. 10,000 on Credit . 28I Purchased goods of Rs. 3000 by Cash.
27. Received Cash From Jayesh Agencies of Rs. 1500 .
28. Paid Octroi Expenses of Rs. 400 Cash.

Net Profit- 21,100


Ledger Create :-

 

 

Ledger

Under Group

1

Mr. Sachin

Capital Account

2

Computer A/c

Fixed Assets

3

Purchase A/c

Purchase Account

4

Sales A/c

Sales Account

5

HDFC Bank

Bank Account

6

Furniture Account

Fixed Assets

7

Krishna

Sundry Creditors

8

Sanjay

Sundry Debtors

9

Petrol Expenses

Indirect Expenses

10

Telephone Expenses

Indirect Expenses

11

Rent Expenses

Indirect Expenses

12

Commission Received

Indirect Income

13

Loan from Bhushan

Unsecured Loan

14

Jayesh Agencies

Sundry Debtors

15

Office Expenses

Indirect Expenses

16

Electricity Expenses

Indirect Expenses

17

ICICI Bank

Bank Account

18

AC (Air Conditioner)

Fixed Assets

19

Mahaveer Enterprises

Sundry Creditors

20

Octroi Expenses

Direct Expenses

 

To view Profit & Loss A/c

Go to Gateway of Tally > Profit & Loss A/c (Press Alt + F1 for detail format)


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