Tally With GST
Tally With GST
Tally With GST
(P) II Semester
Computerized Accounting System
Duration: 1.5 hour Max. Marks: 20
University Roll No: .
Name of the Student:
The company details are as follows;
i. Name- University Roll No
ii. Address: Your Address, Your Phone & Mobile No., Your Email ID
iii. Email Id: [email protected]
iv. Currency Symbol: Rs.
Enter the following transactions of the Company in Tally and show various reports
✓ The business is a registered organization for GST with an office in Delhi.
✓ GSTIN : 07DUUPK9284D7Z5
✓ All purchase and sales transactions of goods, Payment to creditors, and receipt from debtors
are done through RBL Bank
✓ Any other payment and receipt is done through UCO Bank
✓ Skip date and narration while passing voucher entries.
Balance Sheet as at 31-3-2022
Liabilities Amount Assets Amount
Capital 2100000 Land 800000
Reserves 750000 Machinery 430000
Profit and Loss Account 380000 Investment 200000
Debentures (Unsecured) 800000 Stock 2038750
Loan from Promoters 250000 Debtors 227000
Provision for tax 300000 Bills Receivables 70000
Bills Payable 620150 RBL Bank 900000
Sundry Creditors 175600 UCO Bank 750000
Salaries outstanding 45000 Cash in Hand 35000
Rent Outstanding 30000
Total 5450750 Total 5450750
➢ The company deals in the following stocks:
Name of the Items Group GST Rate Quantity Rate (Rs) Opening Stock
(%) Value
Cotton Shirt Shirt 650 pcs. 1100 715000
Woolen Shirt Shirt 12 550 pcs. 1275 701250
Terrycot Shirt Shirt 150 pcs. 2100 315000
Cotton Trouser Trouser 250 pcs. 850 212500
Woolen Trouser Trouser 12 100 pcs. 450 45000
Terrycot Trouser Trouser 100 pcs. 500 50000
Total 2038750
➢ The list of company debtors and creditors is as follows:
Debtors Balance Creditors Balance
Due payable
Surbhi 79000 Neha 35000
Ram 62000 Ruchi 20500
Heena 45000 Reena 65500
Ravi 41000 Aditi 54600
Total 227000 Total 175600
Record the following transactions: