TEST 3
1) https://www.vskills.in/practice/tally-erp-9-mock-test
2) https://www.vskills.in/practice/tally-erp-9-questions
3 ) T A L L Y - 9 PRACTICAL QUESTIONS(SAMPLE)
1.Create a Company as “Sagar Industries Ltd.” in Tally with inventory management
.2. Pass the following Entries :-
(i) Sagar started “Sagar Industries Ltd.” by bringing Capital Rs.3,00,000/- Cash.
(ii) He deposited Rs.1,00,000/- cash at ICICI bank.
(iii) He paid electricity bill for Rs.1,200/- by cash.
(iv) He withdrawn Rs.10,000/- cash for his personal use.
(v) He purchased the following item from Computer Lab.Ltd. on credit with 4% Vatrate.
(a) Computer - 10 Nos. - @20000/- each
(vi) He sold the following item to Somnath Traders in cash with 4% Vat rate.
(a) Computer - 5 Nos. - @27500/- each
(vii) He received Rs.6,000/as commission from Rohit by cash.(viii) He paid House Rent f
or Rs.5,000/- by cash.
(ix) He withdrawn Rs.25,000/- cash from ICICI Bank.
(x) He purchased furniture for Rs.25,000/- by cash for office use.
3. Show the Trial Balance and Balance Sheet of “Sagar Industries Ltd.”
4. Show the Vat Computation report of the above company.
5. Show the Cash Book & Bank Book of the company.
6. Show the Day Book.
4. Following are the Questions which are solved in the video:
(https://www.youtube.com/watch?v=oRq_EnlXejo)
1.Additional Capital Introduced by Mr. LMN Rs 500000/- Same was deposited in Axis
Bank
2.Purchased cloth from Mr B 50 Mtrs at Rs 500 per mtr. + GST 18% While paying to Mr
B, he allowed Discount of Rs 1000/- and accepted Rs 24000/- as full and final settlement
3.Cash Sales made during the year 150000/- + GST 18%
4.Purchased Machinery required for production of cloth from ABC Traders and cheque
issued immediately from Axis bank 50000/- + GST 18%
5.Raw Material purchased from Mr A on 30 days credit75000/- + GST 18%
6.Sold goods to Mr C 15000+ GST 18% Discount of Rs 150/- was allowed to Mr C and
cheque received for balance payment
7.Cheque recived from C was dishonored
8.Goods sold to Mr Z and cheque received. 150000+ GST18%
9.Wages Paid 25000
10.Cash withdrawn from Axis Bank 15000
11.Miscellaneous Expenses paid in cash 12000
12.Depreciation:Plant and Machinery 15% WDV method
13.Commission received Rs 10000/-
14.Fire broke in the factory and goods costing Rs 5000 were destroyed
15.Cash was stolen from Cash box Rs1500/- .
16.Mr LMN withdrew Cash Rs 15000 for his personal use.
17.GST liability was offset and balance payment was made in cash.
(https://www.youtube.com/watch?v=mKcufUY0RNc)
5) Create a company with Smith international and student code financial year
2017- 18 address(Buxipur Gorakhpur)
1. Create a following ledger.
Security premium 145000, loan to Mr. Ajay 365000, Union bank 175000,
M/S Gangaram 85000 (cr), cash in hand 80000, machinery 180000, Capital -
remaining balance.
2. Company paid advance salary to ram 8000 on 1-5-2017 by cash.
3. On 1-6-2017 company paid salary Rs. 12000 to after adjustment of advance
salary by cheque.
4. Company invest Rs. 52000 into Tata co. share on 2-6-2017 by cheque.
5. On 1st July company sold machinery for Rs. 175000 after charging
depreciation @10% p.a. for 3 months by cheque.
6. Pass the entry by below document.
KISHAN LAL SHARMADate: 02/06/2017
AS/29/SHALIMAR BAGHInvoice no. kls/001
GORAKHPUR PAN No.ASDFG12341
Invoice To
Smith International
Buxipur
SL No. Description Amount
1 Pen 150
2 Printing paper 450
3 Stapler 125
INR seven hundred twenty five only 725
CASH BANK DD
7. company paid commission to Mr. ajay, Mr. shyam, Mr. Mohan Rs. 36000
(25%, 45%, 30%) on 1-7-2017.
8. Pass the entry by below the document
M/s Light House
N2 south Ex, Gorakhpur
Phone no. 011-40065005
Smith Invoice no: - Pur/139/2016-17
InternationalBuxipur Date: 02-07-2017
SL no Description QTY Rate Amount
actual bill
1 Polar fans 40 40 1000 40000
2 Table fans 50 45 1200 54000
3
bbbb Philips LED Light 10
Less: Trade Discount @ 10% (9400)
Add: Carriage 1000
INR Eighty-FiveThousands Six
Hundred Only TOTAL 85600
__________________________
9. Pass the entry by below the document
Smith International
Buxipur, Gorakhpur
DEBIT NOTE
ToDate: 31-07-2017
M/S Light HouseNo. DB/139/17
N2 south Ex, Gorakhpur
Particular Amount
2pcs table fans 2400
Less: Trade Discount @ 10% (240)
Total in word: Two Thousands One Hundred Sixty Only 2160
10. Company paid entire amount of M/S Light House and received 2% cash discount.
11.pass the entry below document
M/s Ghosh Brother
27, Road Golghar, Gorakhpur
Phone no. 011- 25963148
Smith Invoice no: -Pur/gb2016-17
InternationalBuxipur Date: 01-08-2017
SL Description QTY Free Rate Amount
no
1 Chocolate Cake 80 Pcs 1 pack 35 2800
Lays with
bbbb
2 each
Fruit cake 120pcs
2pcs gems 25 3000
bbbb with 5 pcs
3 Vanilla cake 130pcs 1pcs dairy
milk with
30 3900
5 pcs
INR Nine Thousand Seven
Hundred Only TOTAL 9700
__________________________
12. On 1-9-2017 Company create a budget for travelling exp. Rs. 22000 on 1-10-2017
to1-12-2017 travelling has two categories outside 12000 and local side 10000.
13. Company paid travelling exp. Rs. 18000 by cash outside 10000 local side 8000 on 1-11-
2017.
14. On 2-11-2017 company declared a price scheme for the customers as below.
Scheme Product Quantity sold level Rate discount
name
Up to 10 1600 Nil
11 to 25 1550 Nil
Great deal Table fan 26 to 30 1550 2%
31 to 40 1525 Nil
41 onward 1500 3%
15.Pass the entry below document
Smith International
Buxipur, Gorakhpur
M/S Rahul Pvt Ltd. Invoice no: - sale/rpl/00234
Credit limit _125000 25, NA Date: 01-02-2018
road, Banaras
SL no Description QTY Rate Amount
1 Polar fans
bbbb35 1200 42000
2 Table fans 45 1500 67500
3
bbbb Philips LED Light 10 240 2400
INR One Lack Eleven Thousand
Nine Hundred Only TOTAL 111900
__________________________
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6.To maintain Stock Statement.pdf
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7. https://www.youtube.com/watch?v=IcVfjzCoxv8
8.37708004-Tally-9-Voucher-Entry-Questions.pdf
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