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B.Com Financial Accounting Tally Exam Guide

1. The document provides instructions for a Tally practical exam, including creating a company, ledgers, inventory, and recording transactions. Students are asked to record 15 transactions during the 2018-2019 financial year involving purchases, sales, payments, receipts, and expenses. 2. Students must generate 4 reports: trading and profit & loss statements, balance sheet, stock summary, and trial balance. 3. The transactions involve purchases and sales of inventory items like keyboards, mice, pens, as well as expenses like wages, rent, and payments to suppliers.

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Abhyudai Pratap Singh
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982 views9 pages

B.Com Financial Accounting Tally Exam Guide

1. The document provides instructions for a Tally practical exam, including creating a company, ledgers, inventory, and recording transactions. Students are asked to record 15 transactions during the 2018-2019 financial year involving purchases, sales, payments, receipts, and expenses. 2. Students must generate 4 reports: trading and profit & loss statements, balance sheet, stock summary, and trial balance. 3. The transactions involve purchases and sales of inventory items like keyboards, mice, pens, as well as expenses like wages, rent, and payments to suppliers.

Uploaded by

Abhyudai Pratap Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

1

SET- I
B.Com (P) I Year I Semester (CBCS) Practical Examination: 2018
Paper Code (52411101C) Financial Accounting Part-C (Tally)

Time : 1 Hrs Max. Marks: 20


Q.1. Create a New Company details are as follows:
(a) Company Name: EXAM- Last Four digits of Your Examination Roll No.(EXAM-3000)
(b) Address: Yours Address, Your Phone & Mobile No., Your E-mail ID.
(c) Financial Year Started from 1-4-2018
(d) Books Beginning from 1-4-2018
Q.2. Create the following Ledgers with appropriate group.

Balance Sheet as on 1-4-2018


Equity & Liabilities Amount Assets Amount
Capital Account 20,00,000 Land & Building 1,60,000
Bills Payable 1,00,000 Plant & Machinery 40,000
Bank Loan 1,75,000 Cash in Hand 10,00,000
Bank Overdraft 25,000 Bank Current Account 10,00,000
Supplier- ABC Computers 0 Customer- Bharat Bhatt 0
Supplier- Taj Computers 0 Investment 60,000
Supplier- Ibrahim Computers 0 Furniture 40,000
Reserves 1,00,000 Bills Receivable 1,00,000
Customer- Mukesh Jain 0
Customer- Jameel Khan 0
Total 24,00,000 Total 24,00,000

Q.3. Create the following Inventory with appropriate group. (1-4-2018)


Items Group Quantity (Pcs.) Rate (Rs) Opening Stock Value
Key Board Computer 00 00 00
Mouse Computer 00 00 00
Pen Derive Computer 00 00 00
Hard Disk Computer 00 00 00
CPU Computer 00 00 00
Monitor Computer 00 00 00
2

Q. 4. Record the following transactions that took place during the Financial Year 2018-2019.
Voucher Entry
S.No. Transaction Items Quantity Rate (Rs.) Amount
Key Board 100 Pcs 200 20,000
1. Purchased from Supplier- ABC Computers
Mouse 100 Pcs 150 15,000
Pen
80 Pcs 500 40,000
Purchased from Supplier- Taj Derive
2.
Computers Hard
100 Pcs 5000 5,00,000
Disk
Purchased from Supplier- Ibrahim CPU 90 Pcs 6000 5,40,000
3.
Computers Monitor 100 Pcs 2500 2,50,000
CPU 85 Pcs 10,000 8,50,000
4. Sale to Customer- Jameel Khan
Monitor 90 Pcs 4,000 3,60,000
Key Board 95 Pcs 55,000
5. Sale to Customer- Bharat Bhatt
Mouse 95 Pcs 50,000
Cash Received from Customer-Jameel
6. Khan in full settlement for their current 12,09,000
transaction S. No.4.
Cash paid to Supplier- Ibrahim Computers
7. 7,89,000
in full settlement for the transaction S.No.3
Purchased Furniture amount paid in
8. 10,000
cash
Cash received from Customer - Bharat
9. 55,000
Bhatt
Cheque Received from Customer-
10 50,000
Bharat Bhatt
Pen
11 70 1,50,000
Cash Sales Derive
Hard Disk 90 7,00,000
12 Depreciation on Land & Building @ 5% p.a
Cash deposited into Bank Current
13 12,000
Account
14 Depreciation on Furniture @ 10% p.a.
Paid: in Cash
Wages 200
Electricity Bill 230
Rent 900
15 Salaries 1200
Staff Welfare Expenses 500
Advertisement Expenses 390
Telephone Bill 400
Printing & Stationery Expenses 200
Q.5. You are required to display the following Reports
1. Trading and Profit & Loss Statements 2. Balance Sheet 3. Stock Summary 4. Trial Balance
3

SET- II
B.Com (P) I Year I Semester (CBCS) Practical Examination: 2018
Paper Code (52411101C) Financial Accounting Part-C (Tally)

Time : 1 Hrs Max. Marks: 20


Q.1. Create a New Company details are as follows:
(a) Company Name: EXAM- Last Four digits of Your Examination Roll No.(EXAM-3000)
(b) Address: Yours Address, Your Phone & Mobile No., Your E-mail ID.
(c) Financial Year Started from 1-4-2018
(d) Books Beginning from 1-4-2018
Q.2. Create the following Ledgers with appropriate group.

Balance Sheet as on 1-4-2018


Equity & Liabilities Amount Assets Amount
Capital Account 10,00,000 Land & Building 60,000
Bills Payable 1,00,000 Plant & Machinery 40,000
Bank Loan 1,75,000 Cash in Hand 6,00,000
Bank Overdraft 25,000 Bank Current Account 5,00,000
Supplier- Jeans Point Aligarh 0 Customer- M. Ibrahim Rizwan 0
Supplier- BDR Enterprises. 0 Investment 60,000
Supplier- Decent Garments 0 Furniture 50,000
Reserves 1,10,000 Bills Receivable 1,00,000
Customer- Kulsum Rizwan 0
Customer- Khadija Rizwan 0
Total 14,10,000 Total 14,10,000

Q.3. Create the following Inventory with appropriate group. (1-4-2018)


Items Group Quantity (Pcs.) Rate (Rs) Opening Stock Value
Jeans Garments 00 00 00
Shirts Garments 00 00 00
T- Shirts Garments 00 00 00
Woolen Shirts Garments 00 00 00
Cotton Shirts Garments 00 00 00
Trousers Garments 00 00 00
4

Q. 4. Record the following transactions that took place during the Financial Year 2018-2019.
Voucher Entry
S.No. Transaction Items Quantity Rate (Rs.) Amount
Purchased from Supplier- Jeans Point Jeans 100 Pcs 400 40,000
1.
Aligarh Shirts 100 Pcs 300 30,000
T-Shirts 80 Pcs 400 32,000
2. Purchased from Supplier- BDR Enterprises Woolen
100 Pcs 1000 1,00,000
Shirts
Cotton
Purchased from Supplier- Decent 90 Pcs 500 45,000
3. Shits
Garments
Trousers 100 Pcs 2500 2,50,000
Jeans 85 Pcs 3,000 2,55,000
4. Sale to Customer- M Ibrahim Rizwan
Shirts 95 Pcs 1,000 95,000
T-Shirts 75 Pcs 75,000
5. Sale to Customer- Kulsum Rizwan Cotton
85 Pcs 1,20,000
Shirts
Cash Received from Customer-M. Ibrahim
6. Rizwan in full settlement for their current 3,48,000
transaction S. No.4.
Cash paid to Supplier- Decent Garments
7. in full settlement for the transaction 2,91,000
S.No.3
8. Purchased Furniture amount paid in cash 10,000
Cash received from Customer- Kulsum
9. 75,000
Rizwan
Cheque Received from Customer- Kulsum
10 1,20,000
Rizwan
Woolen
11 70 1,50,000
Cash Sales Shirts
Trousers 90 5,00,000
Depreciation on Plant & Machinery @
12
8.5% p.a.
13 Cash deposited into Bank Current Account 16,000
14 Depreciation on Land and Building @ 5.5% p.a.
15 Paid: in Cash
Wages 250
Electricity Bill 230
Rent 950
Salaries 1500
Staff Welfare Expenses 550
Advertisement Expenses 390
Telephone Bill 450
5
Printing & Stationery Expenses 250
Q.5.You are required to display the following Reports
1. Trading and Profit & Loss Statements 2. Balance Sheet 3. Stock Summary 4. Trial Balance

SET- III
B.Com (P) I Year I Semester (CBCS) Practical Examination: 2018
Paper Code (52411101C) Financial Accounting Part-C (Tally)

Time : 1 Hrs Max. Marks: 20


Q.1. Create a New Company details are as follows:
(a) Company Name: EXAM- Last Four digits of Your Examination Roll No.(EXAM-3000)
(b) Address: Yours Address, Your Phone & Mobile No., Your E-mail ID.
(c) Financial Year Started from 1-4-2018
(d) Books Beginning from 1-4-2018
Q.2. Create the following Ledgers with appropriate group.

Balance Sheet as on 1-4-2018


Equity & Liabilities Amount Assets Amount
Capital Account 19,05,000 Land & Building 65,000
Bills Payable 1,25,000 Plant & Machinery 40,000
Bank Loan 1,75,000 Cash in Hand 10,25,000
Bank Overdraft 25,000 Bank Current Account 10,00,000
Supplier- Fatima Computers 0 Customer- Badar 0
Supplier- Nahid Computers 0 Investment 60,000
Supplier- Ibrahim Computers 0 Furniture 40,000
Reserves 1,25,000 Bills Receivable 1,25,000
Customer- Mukesh Jain 0
Customer- Bharat Bhushan 0
Total 23,55,000 Total 23,55,000

Q.3. Create the following Inventory with appropriate group. (1-4-2018)


Items Group Quantity (Pcs.) Rate (Rs) Opening Stock Value
Mother Board Computer 00 00 00
Sound Card Computer 00 00 00
Pen Derive Computer 00 00 00
Hard Disk Computer 00 00 00
6
CPU Computer 00 00 00
Monitor Computer 00 00 00
Q. 4. Record the following transactions that took place during the Financial Year 2018-2019.
Voucher Entry
S.No. Transaction Items Quantity Rate (Rs.) Amount
Mother
100 Pcs 200 20,000
Board
1. Purchased from Supplier- Fatima Computers
Sound
100 Pcs 150 15,000
Card
Pen
80 Pcs 500 40,000
Purchased from Supplier-Nahid Derive
2.
Computers Hard
100 Pcs 5000 5,00,000
Disk
Purchased from Supplier- Ibrahim CPU 90 Pcs 6000 5,40,000
3.
Computers Monitor 100 Pcs 2500 2,50,000
CPU 85 Pcs 10,000 8,50,000
4. Sale to Customer- Bharat Bhushan
Monitor 90 Pcs 4,000 3,60,000
Mother
95 Pcs 55,000
Board
5. Sale to Customer- Badar
Sound
95 Pcs 50,000
Card
Cash Received from Customer-Bharat
6. Bhushan in full settlement for their 12,09,000
current transaction S. No.4.
Cash paid to Supplier- Ibrahim Computers
7. 7,89,000
in full settlement for the transaction S.No.3
Purchased Plant & Machinery amount
8. 11,000
paid in cash
9. Cash received from Customer – Badar 55,000
10 Cheque Received from Customer- Badar 50,000
Pen
72 1,55,000
11 Derive
Cash Sales
Hard
91 7,10,000
Disk
12 Dep. On Land & Building @ 6.5% p.a.
Cash deposited into Bank Current
13 13,333
Account
14 Dep. on Plant & Machinery @ 7% p.a.
15 Paid: in Cash
Wages 280
Electricity Bill 240
Rent 970
Salaries 1200
Staff Welfare Expenses 580
Advertisement Expenses 320
7
Telephone Bill 450
Printing & Stationery Expenses 210
Q.5. You are required to display the following Reports.
1.Trading and Profit and Loss Statement. 2. Balance Sheet 3. Stock Summary 4.Trial balance
SET- IV
B.Com (P) I Year I Semester (CBCS) Practical Examination: 2018
Paper Code (52411101C) Financial Accounting Part-C (Tally)

Time : 1 Hrs Max. Marks: 20


Q.1. Create a New Company details are as follows:
(a) Company Name: EXAM- Last Four digits of Your Examination Roll No.(EXAM-3000)
(b) Address: Yours Address, Your Phone & Mobile No., Your E-mail ID.
(c) Financial Year Started from 1-4-2018
(d) Books Beginning from 1-4-2018
Q.2. Create the following Ledgers with appropriate group.

Balance Sheet as on 1-4-2018


Equity & Liabilities Amount Assets Amount
Capital Account 10,00,000 Land & Building 60,000
Bills Payable 1,00,000 Plant & Machinery 40,000
Bank Loan 1,75,000 Cash in Hand 6,00,000
Bank Overdraft 25,000 Bank Current Account 5,00,000
Supplier- Jeans Point Aligarh 0 Customer- M. Ibrahim Rizwan 0
Supplier- BDR Enterprises. 0 Investment 60,000
Supplier- Decent Garments 0 Furniture 50,000
Reserves 1,10,000 Bills Receivable 1,00,000
Outstanding Salaries 2,000 Customer- Kulsum Rizwan 0
Prepaid Rent 2,000
Customer- Khadija Rizwan 0
Total 14,12,000 Total 14,12,000

Q.3. Create the following Inventory with appropriate group. (1-4-2018)


Items Group Quantity (Pcs.) Rate (Rs) Opening Stock Value
Jeans Garments 00 00 00
Shirts Garments 00 00 00
T- Shirts Garments 00 00 00
8
Woolen Shirts Garments 00 00 00
Cotton Shirts Garments 00 00 00
Trousers Garments 00 00 00
Q. 4. Record the following transactions that took place during the Financial Year 2018-2019.
Voucher Entry
S.No. Transaction Items Quantity Rate (Rs.) Amount
Purchased from Supplier- Jeans Point Jeans 100 Pcs 400 40,000
1.
Aligarh Shirts 100 Pcs 300 30,000
T-Shirts 80 Pcs 400 32,000
2. Purchased from Supplier- BDR Enterprises Woolen
100 Pcs 1000 1,00,000
Shirts
Cotton
Purchased from Supplier- Decent 90 Pcs 500 45,000
3. Shits
Garments
Trousers 100 Pcs 2500 2,50,000
Jeans 85 Pcs 3,000 2,55,000
4. Sale to Customer- M Ibrahim Rizwan
Shirts 95 Pcs 1,000 95,000
T-Shirts 75 Pcs 75,000
5. Sale to Customer- Kulsum Rizwan Cotton
85 Pcs 1,20,000
Shirts
Cash Received from Customer-M. Ibrahim
6. Rizwan in full settlement for their current 3,48,000
transaction S. No.4.
Cash paid to Supplier- Decent Garments
7. in full settlement for the transaction 2,91,000
S.No.3
8. Purchased Furniture amount paid in cash 10,000
Cash received from Customer- Kulsum
9. 75,000
Rizwan
Cheque Received from Customer- Kulsum
10 1,20,000
Rizwan
Woolen
11 70 1,50,000
Cash Sales Shirts
Trousers 90 5,00,000
Depreciation on Plant & Machinery @
12
8.5% p.a.
13 Cash deposited into Bank Current Account 16,000
14 Depreciation on Land and Building @ 5.5% p.a.
15 Paid: in Cash
Wages 250
Electricity Bill 230
Rent 950
Salaries 1500
Staff Welfare Expenses 550
Advertisement Expenses 390
Telephone Bill 450
9
Printing & Stationery Expenses 250
Q.5.You are required to display the following Reports
1. Trading and Profit & Loss Statements 2. Balance Sheet 3. Stock Summary 4. Trial Balance

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