THE COMPANY DETAILS ARE AS FOLLOWS:

NAME: Your name /course,year ,roll no.

ADDRESS: G-45/A Dilshad company
EMAIL ID: deeptaran152@gmail.com

ENTER THE FOLLOWING TRANSACTIONS OF THE COMPANY IN

TALLY AND SHOW VARIOUS REPORTS
The business is registered organization for gst with an office in
delhi
GSTIN: 07DUUMK9284D8P3
ALL PURCHASES AND SALE TRANSACTIONS OF
GOODS ,PAYMENT TO CREDITORS, AND RECEIPT FROM
DEBTORS ARE DONE THROUGH RBI BANK
ANY OTHER PAYMENT AND RECEIPT IS DONE THROUGH UCO
BANK

BALANCE SHEET AS AT 31-3-2022

Liabilities Amount Assets Amount
Capital 2100000 land 800000
reserves 75000 machinery 430000
Profit and 380000 investment 200000
loss account
Debentures 800000 stock 2038750
(unsecured)
Loan from 250000 Debtors 227000
promoters
Provision for 300000 Bills 70000
tax receivables
Bills payable 620150 RBL BANK 900000
Sundry 175600 UCO BANK 750000
creditors
Salary 45000 Cash in hand 35000
outstanding
Rent 30000
outstanding
total 5450750 total 5450750

The company deals in the following stocks:

Name of Group GST Quantity Rate(rs) Opening
the Rate stock
items value
Cotton SHIRT 12% 650 PCS. 1100 715000
shirt
Woolen SHIRT 12% 550 PCS. 1275 701250
shirt
Terrycot SHIRT 12% 150 PCS. 2100 315000
shirt
Cotton TROUSER 12% 250 PCS. 850 212500
trouser
Woolen TROUSER 12% 100 PCS. 450 45000
trouser
Terrycot TROUSER 12% 100 PCS. 500 50000
trouser
TOTAL 2038750
THE LIST OF THE COMPANY DEBTORS AND CREDITORS IS AS
F0LL0WS:
DEBTORS BALANCE CREDITORS BALANCE
SHEET PAYABLE
SURBHI 79000 NEHA 35000
RAM 62000 RUCHI 20500
HEENA 45000 REENA 65500
RAVI 41000 ADITI 54600
TOTAL 227000 TOTAL 175600
RECORD THE FOLLOWING TRANSACTIONS:
SNO. TRANSACTION ITEM QUANTITY AMOUNT
1. PURCHASE FROM TERRYCO- 150 90000
NEHA .SHE IS A T
REGISTERED TROUSER
SUPPLIER FROM
GOA .GSTIN:
30GGGGG1314R6Z1
2. SALE TO WOOLEN 60 336000
SURBHI .SHE IS A TROUSER
REGISTERED
SUPLLIER FROM
DELHI .GSTIN:
07DUUPK364858
3. SALE TO WOOLEN 100 400000
HEENA .SHE IS SHIRT
REGISTERED
SUPPLIER FROM
DELHI .GSTIN:
07RTTIGGRJUFU78
4. PAID MONEY TO 86000
NEHA IN FULL
SETTLEMENT FOR
THE TRANSACTION
 AT SR.NO. 1 ABOVE
5. RECEIVED FROM
SURBHI RS.332000
IN FULL
SETTLEMENT FOR
THEIR CURRENT
TRANSACTION AT
SR.NO. 2 ABOVE
6. PAID TO REENA IN 62500
FULL SETTLEMENT
7. PURCHASE FROM TERRYCO- 100 160000
RUCHI.SHE IS A T SHIRT
REGISTERED
SUPPLIER FROM
GOA.GSTIN:
30GGGG3838939
8. PURCHASE FROM WOOLEN 110 77000
NEHA.SHE IS A TROUSER
REGISTERED
SUPPLIER FROM
GOA .GSTIN:
30465756578
9. SALE TO RAM COTTON 110PCS
(TRADE DISCOUNT SHIRT LIST PRICE
10% ON 2500/EACH
 LISTPRICE).HE IS A
REGISTERED
SUPPLIER FROM
DELHI .GSTIN:
07895TR54678
10. PURCHASED 70000
MACHINERY AT THE
BEGINNING OF THE
YEAR
11. PURCHASED LAND
FROM MN LTD. FOR
RS .11,00,000 TO
PAY THIS COMPANY
BORROWED FROM
BANK A LOAN OF
RS.6,00,000 AND
ISSUED FULLY PAID
UNSECURED
DEBENTURES OF
RS.5,00,000 TO XY
LTD.
12. SOLD ALL THE 250000
INVESTMENT
13. EXPENSES PAID
DURING THE YEAR
 1.OUTSTANDING 15000
SALARIES
2.RENT(INCLUDING 45000
OUTSTANDING)
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%
pa.

YOU ARE REQUIRED TO :

1. CREATE A COMPANY AS PER DETAILS ABOVE .
2. CREATE APPROPRIATE GROUPS AND LEDGER ACCOUNTS.
3. ENTER THE TRANSACTIONS AS GIVEN SELECTING
APPROPRIATE VOUCHER TYPE.
4. EXPORT THE FOLLOWING STATEMEBNTS AS ON 31st march
2023 in PDF FOLDER.
a) Day book
b) Balance sheet
c) Profit and loss account
d) GST report (GSTR- 3B)
Now if you want to create company. Click on the tab at the
upside left corner ‘Company’. Then optin will come to create
company and you can create the company with the following
option that will come .

After filling the above mentioned details new screen will appear
to select additonal features
After filling the following features you have to fill the GST
details:
We have to select the state of business,registration type and
the no.
After filling all the above mentioned details , a company will be
successfully created with all the information.

Now after this we have to make the create the necessary

ledgers .

To create the ledgers we have to select CHARTS OF ACCOUNTS.

Then select the LEDGER and then MULTI CREATE.
After making all the ledgers except profit and loss a/c & cash
a/c as these are already created . Now go to GATEWAY OF
TALLY and select ALTER. Then go to the LEDGER and enter their
details.

After creating all the the ledgers we have specifically create the
ledger for creditors and debtors.

Then if all the ledgers will be created . we will check the

balances in the balance sheet .
There will be the only difference between and that will be of
STOCK.

Now we will create the stock a/c . To create the stock we will go
to GATEWAY OF TALLY. And go to stock unit and then select the
units as necessary. Then after creating the units we will create
the STOCK GROUP under all the stock items wil be enter. then
after selecting the stock group we will create the STOCK ITEMS
and then create all the stock items.

So after this our balance sheet will tally. And now we will record
the transactions that our mentioned by entering them in
necessary VOUCHERS.
So after entering all the vouchers our result will come and we
can now export balance sheet , profit & loss and day book . now
we will export all the necessary items