MAGNET COMPUTER CLASSES TEST NO.

1 TALLY

Company Name Address:

: :

MAGNET COMPANY No. 31, S.S.K. Chawl, Dharavi Cross Road, Dharavi, Mumbai 17. LEDGER NAME SHARE CAPITAL LOAN FROM SBI BANK PROVISION FOR DEPRECIATION O/S RENT O/S SALARIES DEPOSIT FOR PREMISES INVESTMENT IN SHARES FURNITURE COMPUTERS CASH IN BANK CASH IN HAND CLOSING STOCK UNDER GROUP CAPITAL ACCOUNT SECURED LOAN PROVISION CURRENT LIABILITY CURRENT LIABILITY DEPOSITS (ASSETS) INVESTMENT FIXED ASSETS FIXED ASSETS BANK ACCOUNT CASH IN HAND STOCK IN HAND OPENING BALANCE 10,00,000 4,00,000 32,500 3,600 19,000 1,55,000 18,550 15,000 80,000 1,93,000 25,000 67,000

To maintain Stock Statement Group ECONOMICS Categories Stock item Purchase price MARSHAL V.1 300 V.2 325 GLOBAL C.1 450 C.2 500 MANAGEMENT HENRY BASIC 125 INTERMEDIATE 225 FINAL 600 INDIAN SIMPLE 75 ADVANCE 325 Goods are purchased from these parties. (VAT @12.5%) Date 1ST MAY 5TH MAY 6TH MAY 8TH MAY 10TH MAY 17TH JUNE 19TH JULY 23RD JULY 29TH AUGUST Bill no. OM 001 OM 002 OM 003 OM 004 OM 005 OM 006 OM 006 OM 007 OM 008 Party name BABAJI STORE AMUL STORE ANAND STORE ABINAYA STORE AZIM S STORE SARASWATI STORE ANAND STORE ABINAYA STORE BABAJI STORE Quantity Godown 60 DHARAVI 80 120 160 300 SION 325 350 400 600

Stock item V.2 C.1 V.2 BASIC FINAL INTERMEDIATE ADVANCE SIMPLE C.2

Godown DHARAVI SION SION DHARAVI DHARAVI SION SION DHARAVI SION

Qty 45 50 60 31 90 15 45 75 52

MAGNET COMPUTER CLASSES TEST NO. 1 TALLY

Goods are sold to these parties. (VAT @12.5%) Date 1ST MAY 5TH MAY 6TH MAY 8TH MAY 10TH MAY 17TH JUNE 19TH JULY 23RD JULY 29TH AUGUST Bill no. OM P001 OM P002 OM P003 OM P004 OM P005 OM P006 OM P006 OM P007 OM P008 Party name Reliance store TATA store Omtex store Vishwas store Philips store Omtex store IPL store Reliance Philips store Stock item V.2 C.1 V.2 BASIC FINAL INTERMEDIATE ADVANCE SIMPLE C.2 Godown DHARAVI SION SION DHARAVI DHARAVI SION SION DHARAVI SION Qty 15 40 53 31 100 20 36 90 42 Selling price 650 675 685 695 902 625 635 644 702

Goods are sold to these parties. (VAT @12.5%) Date 1ST MAY 5TH MAY 6TH MAY 8TH MAY 10TH MAY 17TH JUNE 19TH JULY 23RD JULY 29TH AUGUST Bill no. OM P001 OM P002 OM P003 OM P004 OM P005 OM P006 OM P006 OM P007 OM P008 Party name Reliance store TATA store Omtex store Vishwas store Philips store Omtex store IPL store Reliance Philips store Stock item V.2 C.1 V.2 BASIC FINAL INTERMEDIATE ADVANCE SIMPLE C.2 Godown DHARAVI SION SION DHARAVI DHARAVI SION SION DHARAVI SION Qty 15 40 53 31 100 20 36 90 42 Selling price 650 675 685 695 902 625 635 644 702

Goods are sold to these parties. (VAT @12.5%) Date 1ST MAY 5TH MAY 6TH MAY 8TH MAY 10TH MAY 17TH JUNE 19TH JULY 23RD JULY 29TH AUGUST Bill no. OM P001 OM P002 OM P003 OM P004 OM P005 OM P006 OM P006 OM P007 OM P008 Party name Reliance store TATA store Omtex store Vishwas store Philips store Omtex store IPL store Reliance Philips store Stock item V.2 C.1 V.2 BASIC FINAL INTERMEDIATE ADVANCE SIMPLE C.2 Godown DHARAVI SION SION DHARAVI DHARAVI SION SION DHARAVI SION Qty 15 40 53 31 100 20 36 90 42 Selling price 650 675 685 695 902 625 635 644 702

MAGNET COMPUTER CLASSES TEST NO. 1 TALLY When amount received from parties use Receipt voucher (F6)

Date 2nd MAY 2nd MAY 2nd MAY 2nd MAY 2nd MAY 2nd MAY

Party name Reliance store TATA store Omtex store Vishwas store Philips store IPL store

MODE OF PAYMENT CASH CASH CHEQUE CHEQUE CHEQUE CASH

CHEQUE NUMBER AMOUNT --------------------70000 --------------------25000 0229892 42000 C/B 654258 18000 S/B 7139852 120000 --------------------15500

When amount paid to parties use payment voucher (F6) Date 2nd MAY 2nd MAY 2nd MAY 2nd MAY 2nd MAY 2nd MAY Party name BABAJI STORE AMUL STORE ANAND STORE ABINAYA STORE AZIM S STORE SARASWATI STORE MODE OF PAYMENT CASH CASH CHEQUE CHEQUE CHEQUE CASH CHEQUE NUMBER AMOUNT --------------------30000 --------------------20000 8459625 18000 6548721 6000 9685721 22000 --------------------3000

MAGNET COMPUTER CLASSES TEST NO. 1 TALLY

Purchase and Sales Return
On 1st June, goods purchased from Babaji store has been returned. Details are Stock item Godown Quantity Bill no. V.2 Dharavi 2 OM 001 On 1st August, goods purchased from Saraswati store has been returned. Details are Bill no. Godown Quantity Stock item Om 006 Sion 1 Intermediate st On 1 October, goods purchased from Anand store has been returned. Details are Bill no. Om 003 Godown Sion Quantity 5 Stock item V.2

On 1st July, goods sold to Philips Store were returned. Details are Bill no. Godown Quantity Om p005 Dharavi 5 st On 31 December, goods sold to Reliance company were returned. Details are Bill no. Godown Quantity Om p007 Sion 2 On 31st January, 2011 goods sold to IPL store were returned. Details are Bill no. Om p006 Godown Dharavi Quantity 2 Stock item Final

Stock item Simple

Stock item Advance

Contra Entries
1. On 1st September, Withdraw Rs. 50000 from Abhyudaya bank for business purpose. 2. On 30th November, With drawn Rs. 25000 from Cash in bank for business purpose. 3. On 28th February, Deposit Rs. 25000 in Abhyudaya bank.

Charging Depreciation
On 31 3 2011 Charge depreciation @ 10% on furniture, 20% on computer, 12.5% on Machinery, 7.5% on Building

Particulars Discount Allowed A/c Commission Allowed A/c Salary A/c Travelling Expenses Rent A/c Brokerage Account Printing & Stationery Electricity charges Miscellaneous expenses Advertisement Office expenses Interest Delivery van expenses Conveyance Expenses Refreshment Expenses Administrative expenses Discount received A/c Commission received A/c

MAGNET COMPUTER CLASSES TEST NO. 1 TALLY Under category Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect income Indirect income

Amount (Rs.) 1800 300 500 900 450 1250 600 1200 820 960 1020 350 125 650 250 450 900 4500

Mode of payment Cash cash Cheque Cheque Cash Cash Cheque Cash cash Cheque Cheque Cheque Cheque Cheque Cheque Cheque Cheque Cheque

Particulars Discount Allowed A/c Commission Allowed A/c Salary A/c Travelling Expenses Rent A/c Brokerage Account Printing & Stationery Electricity charges Miscellaneous expenses Advertisement Office expenses Interest Delivery van expenses Conveyance Expenses Refreshment Expenses Administrative expenses Discount received A/c Commission received A/c

MAGNET COMPUTER CLASSES TEST NO. 1 TALLY Under category Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect income Indirect income

Amount (Rs.) 1800 300 500 900 450 1250 600 1200 820 960 1020 350 125 650 250 450 900 4500

Mode of payment Cash cash Cheque Cheque Cash Cash Cheque Cash cash Cheque Cheque Cheque Cheque Cheque Cheque Cheque Cheque Cheque

MAGNET COMPUTER CLASSES TEST NO. 1 TALLY

Particulars Discount Allowed A/c Commission Allowed A/c Salary A/c Travelling Expenses Rent A/c Brokerage Account Printing & Stationery Electricity charges Miscellaneous expenses Advertisement Office expenses Interest Delivery van expenses Conveyance Expenses Refreshment Expenses Administrative expenses Discount received A/c Commission received A/c

MAGNET COMPUTER CLASSES TEST NO. 1 TALLY Under category Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect income Indirect income

Amount (Rs.) 1800 300 500 900 450 1250 600 1200 820 960 1020 350 125 650 250 450 900 4500

Mode of payment Cash cash Cheque Cheque Cash Cash Cheque Cash cash Cheque Cheque Cheque Cheque Cheque Cheque Cheque Cheque Cheque

Particulars Discount Allowed A/c Commission Allowed A/c Salary A/c Travelling Expenses Rent A/c Brokerage Account Printing & Stationery Electricity charges Miscellaneous expenses Advertisement Office expenses Interest Delivery van expenses Conveyance Expenses Refreshment Expenses Administrative expenses Discount received A/c Commission received A/c

Under category Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect income Indirect income

Amount (Rs.) 1800 300 500 900 450 1250 600 1200 820 960 1020 350 125 650 250 450 900 4500

Mode of payment Cash cash Cheque Cheque Cash Cash Cheque Cash cash Cheque Cheque Cheque Cheque Cheque Cheque Cheque Cheque Cheque

Particulars Discount Allowed A/c Commission Allowed A/c Salary A/c Travelling Expenses Rent A/c Brokerage Account Printing & Stationery Electricity charges Miscellaneous expenses Advertisement Office expenses Interest Delivery van expenses Conveyance Expenses Refreshment Expenses Administrative expenses Discount received A/c Commission received A/c

MAGNET COMPUTER CLASSES TEST NO. 1 TALLY Under category Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect income Indirect income

Amount (Rs.) 1800 300 500 900 450 1250 600 1200 820 960 1020 350 125 650 250 450 900 4500

Mode of payment Cash cash Cheque Cheque Cash Cash Cheque Cash cash Cheque Cheque Cheque Cheque Cheque Cheque Cheque Cheque Cheque

Particulars Discount Allowed A/c Commission Allowed A/c Salary A/c Travelling Expenses Rent A/c Brokerage Account Printing & Stationery Electricity charges Miscellaneous expenses Advertisement Office expenses Interest Delivery van expenses Conveyance Expenses Refreshment Expenses Administrative expenses Discount received A/c Commission received A/c

Under category Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect expenses Indirect income Indirect income

Amount (Rs.) 1800 300 500 900 450 1250 600 1200 820 960 1020 350 125 650 250 450 900 4500

Mode of payment Cash cash Cheque Cheque Cash Cash Cheque Cash cash Cheque Cheque Cheque Cheque Cheque Cheque Cheque Cheque Cheque

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