B.COM.

(H) I Semester – MOCK EXAM: 2023

Part C: Computerized Accounting System

Duration: 1 hour Max. Marks: 20

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 : 07DUUPK9284D7Z5

All purchase and sales transactions of goods, Payment to creditors, and receipt from debtors are
done through BOB Bank

Any other payment and receipt is done through AXIS Bank

Skip date while passing voucher entries.

Balance Sheet as at 31-3-2022

Liabilities Amount Assets Amount
Capital 2100000 Land 800000
Reserves 750000 Machinery 430000
Profit and Loss Account 380000 Investment 200000
Debentures 800000 Stock 2038750
Loan from Promoters 250000 Debtors 227000
Provision for tax 300000 Bills Receivables 70000
Bills Payable 620150 BOB Bank 900000
Sundry Creditors 175600 AXIS 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 the Items Group GST Rate Quantity Rate (Rs) Opening Stock
(%) Value
Cotton Shirt Shirt 650 pcs. 1100 715000
Woolen Shirt Shirt 12 550 pcs. 1275 701250
Terrycot Shirt Shirt 150 pcs. 2100 315000
Cotton Trouser Trouser 250 pcs. 850 212500
Woolen Trouser Trouser 12 100 pcs. 450 45000
Terrycot Trouser Trouser 100 pcs. 500 50000
Total 2038750

 The list of company debtors and creditors is as follows:

Debtors Balance Creditors Balance
Due payable
ZARA 79000 SARA 35000
Ram 62000 PALAK 20500
RADHA 45000 ANKITA 65500
SHYAM 41000 JOY 54600
Total 227000 Total 175600

Record the following transactions

S.No. Transaction Item Quantity Amount

1 Purchase from SARA. She is a registered supplier Terrycot 150 90000
from Goa. GSTIN: 30GGGGG1314R6Z1 Trouser
2 Sale to ZARA. She is a registered supplier from Woolen 60 336000
Delhi. GSTIN: 07DUUPK9284D5Z1 Trouser
3 Sale to RADHA. She is a registered supplier Woolen Shirt 100 400000
fromDelhi. GSTIN: 07DUUPK9284D5Z2
4 Paid money to SARA in full settlement for the transaction at sr. no. 1 above 86000
5 Received from ZARA Rs 332000 in full settlement for their current transaction at sr.
no. 2 above
6 Paid to ANKITA in Full Settlement 62500
7 Purchase from PALAK. She is a registered Terrycot Shirt 100 160000
supplierfrom Goa. GSTIN:
30GGGGG1314R6Z2
8 Purchase from SARA. She is a registered supplier Woolen 110 77000
from Goa. GSTIN: 30GGGGG1314R6Z1 Trouser
9 Sale to Ram (Trade discount 10% on listprice). Cotton Shirt 110 pcs. List Price Rs.
He is a registered supplier from Delhi. 2500/- each
GSTIN: 07DUUPK9284D5Z3
 10 Purchased Machinery at the beginning of the year 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 the investment 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. Total Provision for Tax 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 (GSTR- 3B)