Tally Prime

Prepared by – Babloo Sir (8368894657)

Assignm

Q- Do the journal Entries of following – Persona

Transa

1 Paid to Abhinav Rs 50,000
2 Received Cheque Rs 10,000 from Mahesh
3 Issued cheque in Account of Kapil
4 Received Cheque from Kailash Rs 10,000 (20% C
5 Received Cash from Karan Rs 5,000

ment – 2
al Accounts

action

Cash and Rest amount in Cash)

Page 39

Prepared by – Babloo Sir (8368894657)

Real Ac

ccount

Page 40

Prepared by – Babloo Sir (8368894657)

Nominal Account Types of A

(Related to All Exp/Income) Dr. (De

Real Account All Expenses and
What ? Comes In
(Related to All Assets) Receiver (Credito

Personal Account

(Related to All Party)

Accounts Cr. (Credit)

ebit)

d Losses All Income and Gains

n… What ? Goes out …..

or) Giver (Debtor)

Page 41

Prepared by – Babloo Sir (8368894657)

All Account which is Related to All Expense

es/Loss or Income/Gain = Nominal Account

Page 42

Prepared by – Babloo Sir (8368894657)

➢ Purchase/Bought Goods by Cheque Rs 10,0

Solution

Dr.
Cr.

000

Page 43

Prepared by – Babloo Sir (8368894657)

➢ Paid Salary by Cheque Rs 20,000

Solution

Dr.
Cr.

Page 44

Prepared by – Babloo Sir (8368894657)

➢ Paid Rent Rs 5,000

Solution

Dr.
Cr.

Page 45

Prepared by – Babloo Sir (8368894657)

➢ Paid Wages Rs 4,000 Rs

Solution

Dr.
Cr.

Page 46

Prepared by – Babloo Sir (8368894657)

➢ Paid Freight Rs 400

Solution

Dr.
Cr.

Page 47

Prepared by – Babloo Sir (8368894657)

➢ Paid Electric Bill Rs 3,000

Solution

Dr.
Cr.

Page 48

Prepared by – Babloo Sir (8368894657)

➢ Paid Water Bill Rs 200 Rs

Solution

Dr.
Cr.

Page 49

Prepared by – Babloo Sir (8368894657)

➢ Paid for Purchases 10,000 (half by cash and

Solution

Dr.
Cr.
Cr.

d Half by Cheque)

Page 50

Prepared by – Babloo Sir (8368894657)

➢ Purchases 8,000 (Paid 20% cash and Rest a

Solution

Dr.
Cr.
Cr.

amount by cheque)

Page 51

Prepared by – Babloo Sir (8368894657)

➢ Received Commission by Cheque Rs 25,000

Solution

Dr.
Cr.

0

Page 52

Prepared by – Babloo Sir (8368894657)

➢ Received Interest on Bank Balance Rs 25.

Solution

Dr.
Cr.

Page 53

Prepared by – Babloo Sir (8368894657)

➢ Received Commission Rs 50.

Solution

Dr.
Cr.

Page 54

Prepared by – Babloo Sir (8368894657)

➢ Sold Goods for cash. Rs 800

Solution

Dr.
Cr.

Page 55

Prepared by – Babloo Sir (8368894657)

➢ Rent Received Rs 500.

Solution

Dr.
Cr.

Page 56

Prepared by – Babloo Sir (8368894657)

➢ Bad Debt Received Rs 1000.

Solution

Dr.
Cr.

Page 57

Prepared by – Babloo Sir (8368894657)

➢ Sold goods and Bank the same Rs 1000.

Solution

Dr.
Cr.

Page 58

Prepared by – Babloo Sir (8368894657)

➢ Sold goods Rs 20,000 and Received Chequ

Solution

Dr.
Dr.
Cr.

ue Rs 8,000 Rest amount received in cash.

Page 59

Prepared by – Babloo Sir (8368894657)

Assignm

Q- Do the journal Entries of following – Nominal
or Receipt Transaction

Transa

1 Paid Wages and Salary Rs 25000
2 Paid for Stationery Rs 2000 By Cheque
3 Received interest by Cheque Rs 500.
4 Paid for Repair Rs 100.
5 Received Commission Rs 6000 (50% Cash and R
6 Cash Sales Rs 450.

ment – 1
l Accounts and Describe Transaction is Payment

action

Rest by Cheque)

Page 60

Prepared by – Babloo Sir (8368894657)

Personal

Account

Page 61

Prepared by – Babloo Sir (8368894657)

Nominal Account Types of A

(Related to All Exp/Income) Dr. (De

Personal Account All Expenses and
Receiver (Credito
(Related to All Party) What ? Comes In

Real Account

(Related to All Assets)

Accounts Cr. (Credit)

ebit)

d Losses All Income and Gains

or) Giver (Debtor)

n… What ? Goes out …..

Page 62

Prepared by – Babloo Sir (8368894657)

All Account which is

Related to All Assets

Page 63