Tally Practical Mock Paper
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: yourname@gmail.com
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: 07DUUPK3259D7Z9
➢ All purchase and sales transactions of goods, Payment to creditors, and receipt from debtors
are done through RBL Bank
➢ Any other payment and receipt are done through UCO Bank
➢ Skip date and narration while passing voucher entries.
Liabilities Amt Assets Amt
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 items Group GST Rate Quantity Rate Opening stock value
Cotton shirt Shirts 12% 650pcs 1100 715000
Woolen shirt 550pcs 1275 701250
Terrycot shirt 150pcs 2100 315000
Cotton trouser Trouser 12% 250pcs 850 212500
Woolen trouser 100 pcs 450 45000
Terrycot trouser 100 pcs 500 50000
Total 2038750
The list of company debtors and creditors is as follows-
Debtors Opening balance Creditors Opening balance
Surbhi 79000 Neha 35000
Ram 62000 Ruchi 20500
Heena 45000 Reena 65500
Ravi 41000 Aditi 54600
Total 227000 Total 175600
Record the following transactions-
1- Purchase from Neha. She is a registered supplier from Goa. GSTIN: 30GGGGG1314R6Z1. 150
Terrycot trouser of Rs. 9000.
2- Sale to Surbhi. She is a registered supplier from Delhi. GSTIN: 07DUUPK9284D5Z1. 60
Woolen trouser of Rs. 336000.
3- Sale to Heena. She is a registered supplier from Delhi. GSTIN: 07DUUPK9284D5Z2. 100
Woolen shirt of Rs. 400000.
4- Paid Rs. 86000 to Neha in full settlement for the transaction no-1.
5- Received from Surbhi Rs 332000 in full settlement for their current transaction at sr. no. 2.
6- Paid Rs. 62500 to Reena in full settlement.
7- Purchase from Ruchi. She is a registered supplier from Goa. GSTIN: 30GGGGG1314R6Z2. 100
Terrycot shirts of Rs. 160000.
8- Purchase from Neha. She is a registered supplier from Goa. GSTIN: 30GGGGG1314R6Z1. 110
Woolen trouser of Rs. 77000.
9- Sold 110 pcs. of cotton shirt of List Price Rs.2500/- each to Ram (Trade discount 10% on list
price). He is a registered supplier from Delhi. GSTIN: 07DUUPK9284D5Z3
10- Purchased Machinery at the beginning of the year of Rs. 70000.
11- Purchased Land from MN Ltd for Rs. 11, 00,000. to pay this the company borrowed from
bank a loan of Rs. 6,00,000 and issued fully paid unsecured debenture of Rs. 5,00,000 to XY
Ltd.
12- Sold all investment of Rs. 250000.
13- Expenses Paid during the year
1. Outstanding Salaries - 15000
2. Rent (Including outstanding)- 45000
3. Tax of last year- 250000
14- Outstanding to be maintained as on last day-
1. Total Salaries - 35000
2. Total Rent outstanding- 10000
3. Tax of last year- 100000
15- Charge Depreciation on Machinery @ 30% p.a.
You are required to:-
1. Create a Folder on desktop with your Exam Roll No.
2. Create a company as per details given above
3. Create appropriate groups and Ledger Accounts.
4. Enter the transactions as given selecting appropriate voucher type.
5. Export the following statements as on 31st March 2023 in PDF format and save it in a Folder.
❑ Day Book
❑ Balance Sheet
❑ Profit and Loss Account
❑ GST Report
