1. TRANSACTION NO.1
Pramod started business with cash Rs.100000
Paid security deposit Rs.25000 for Office space
Purchase of Furniture for Office use costing Rs.15500
Commission received Rs.850
Purchase Printing & stationery Rs.700
Furniture sold for cash Rs.15500
PARTICULARS DEBIT CREDIT
Capital A/C 100000
Security deposit for off
use(DEP (ASSETS)
25000
Cash in Hand 75150
Commission Received 850
Printing & Stationery 700
GRAND TOTAL
100850 100850
TRIAL BALANCE
1
2. Account Head Group
Cash Cash In Hand
Profit & Loss Primary
Capital A/C Capital
Security Deposit For Office Space Deposits(assets)
Furniture Fixed Assets
Commission Received Direct Income
Printing & Stationery Indirect Expanses
2
3. TRANSACTION 2
Reena brought cash Rs.50000 & Cash at Bank with Bank of IndiaRs.75000 as a capital for starting business
Machinery buy for office use cost Rs.5000, paid carriage Rs.200 & installation charges Rs.800
Cash withdrawn from Bank of India for Office use Rs.25000
Took a loan from a friend Indraneel Rs.20000
Purchased goods for cash Rs.11000
Paid carriage Rs.500
Sold Goods for cash Rs.15750
Paid to Indraneel Rs.5000 by Cheque
PARTICULARS DEBIT CREDIT
Capital A/c 125000
Indraneel (loans (Liability) 15000
Machinery 6000
Cash in Hand 93250
Bank Of India 45000
Sales A/c 15750
Purchase A/c 11000
Carriage 500
GRAND TOTAL 155750 155750
TRIAL BALANCE
3
4. Account Head Group
Cash Cash in Hand
Profit & Loss Primary
Bank of India Bank Account
Capital A/c Capital A/c
Machinery A/c Fixed Asset
Indraneel A/c Loans (Liability)
Purchase A/c Purchase A/c
Carriage Direct Expense
Sales A/c Sales A/c
4
5. TRANSACTION 3
Sanjay started business with loan taken from Sholapur Janta Sahakari Bank (SJSB) Rs.50000
Purchased goods Rs.5000. On same day Paid carriage Rs.350 & Wages Rs.300
Purchase Return of Rs.1000 for defective goods
Sales for cash Rs.15000 with cash memo No.501
Sales Return Rs.2500 against bill No.501
Rs.15000 paid towards the loan taken from SJSB
At the end of financial year find capital
TRIAL BALANCE
5
6. Sr Account Head Group
1 Cash Cash in Hand
2 Profit & Loss Primary
3 Purchase Goods Purchase A/c
4 Sales Goods Sales A/c
5 Capital Capital A/c
6 Solapur Janta Sahakari
Bank
Bank Od/Occ
7 Purchase Return Purchase
8 Sales Return Sales
9 Drawings A/c Capital
6
7. TRANSACTION 4
M/S Madanlal started started business with cash Rs.75000
Bought goods on credit from Reeta worth Rs.10000
Paid wages Rs. 2000
Brought Machinery from Ogale Bros. for Rs.15000
Paid for Advertisement Rs.3000
Cash Sales Rs.19000
Paid to Ogale Bros. Rs15000
Introduce additional capital by Madanlal Rs. 5000 TRIAL BALANCE
7
8. Sr Account Head Group
1 Cash Cash in Hand
2 Profit & Loss Primary
3 Purchase Goods Purchase A/c
4 Sales Goods Sales A/c
5 Capital Capital A/c
6 Machinery Fixed Asset
7 Advertisement Indirect expences
8 Ogale Bros Sundry creditors
8
9. TRANSACTION 5
Dipak started business with cash Rs.50000 & bank balance of Bank of
Maharashtra 75000
Bought goods from phiroj worth Rs.10000
Credit sales to Patel 13000
Printing & Stationery Rs.50
Paid to Phiroj Rs.5000
Withdrawn from BOM 20000
Sales return from Patel 3000
Drawing cash for house hold expenses by prop. Rs.5000
Amount received from Patel Rs.10000
TRIAL BALANCE
PARTICULARS DEBIT CREDIT
Capital 120000
Phiroj 5000
Cash 69950
Bank of Maharashtra 55000
Sales 13000
Sales return 3000
Purchases 10000
Printing & Stationery 50
GRAND TOTAL
138000 138000
9
10. TRANSACTION 6
IN THE BOOKS OF MR.KAPOOR OPENING BALANCE AS ON 01-04-14
PARTICULARS DR.BAL
.
CR.BAL.
CAPITAL A/C 350000
PHIROJ A/C 10000
PRAKASH A/C 25000
CASH A/C 210000
BANK OF IND. 125000
Bills receivable reced from Prakash Rs.25000 were honored
Bills payable issued to Phiroj Rs.10000 were honoured
Bills receivable honour in cash
Bills payable honour in cash
Fund transfer Rs.5000 from BOI to petty cash for office exp.
Placed an order to Woodland for purchase of furniture of Rs.51000 & paid
advance Rs.5000
Furniture reced from
woodland.
Paid remaining amt to
Woodland by cheque.
PARTICULARS DEBIT CREDIT
Capital a/c 350000
Sundry Creditors
Furniture 51000
CURRENT ASSETS 299000
Loans & Advances(Asset)
Sundry Debtors
Cash
Petty Cash 5000
Bank of India 120000
GRAND
TOTAL
350000 35000010
11. Sr Account Head Group
1 Cash Cash in Hand
2 Profit & loss Primary
3 Capital Capital
4 Phiroj Sun .Crs
5 Prakash Sun.Debtors
6 Bank of India Bank Account
7 Bills Receivable Current Assets
8 Bills Payable Current Liability
9 Petty cash Cash in hand
10 Advanced for Furniture Loans Advance
11 Furniture Fixed Assets
12 Woodland Furniture Sr.Crs 11
12. 12
Sr Vouchar Particular Debit Credit
1 Journal F7 Dr Bills Receivable
Cr Prakash
25000
25000
2 Journal F7 Dr Phiroz
Cr Bills Payable
10000
10000
3 Receipt F6 Dr cash
Cr Bills Receivable
25000
25000
4 Payment F5 Dr bills Payable
Cr cash
10000
10000
5 Contra F4 Cr Cash
Dr Petty Cash
5000
5000
6 Payment F5 Dr Advance for Furniture
Cr Cash
5000
5000
7 Journal F7 Dr Furniture
Cr Woodland Furniture
51000
51000
8 Journal F5 Dr Woodland Furniture
Cr Cash
Cr Adv.For Furniture
51000
46000
5000
13. BILL BY BILL ADJUSTMENTS
This facility is available if you activate the option maintain bill wise details for the company
NEW REFERENCE:
When a new bill is entered Sales or Purchase Voucher. The new Ref. entry is added
to the list of outstanding .
VOUCHER TYPE:
1) Purchase 2) Sales
AGAINST REFERENCE:
When payment is received or made against any existing bill ( already entered as
New Reference ) or a bill is raised against earlier advance, it is entered as against Reference
which reduces the outstanding amount to the extent of the adjusted amount
VOUCHER TYPE:
1) Payment 2) Receipt 3) Debit Note 4) Credit note
ADVANCE :
When you make a receipt or payment as advance against future Sales / Purchase,
enter as advance
VOUCHER TYPE:
1) Payment 2) Receipt
ON ACCOUNT :
When payment is received or made but not against specific bill ( or bill
reference is not known ). It will not appear while entering Sales or Purchase Voucher
VOUCHER TYPE:
1)Payment 2) Receipt 13
14. TRANSACTION 7
BILL WISE DETAILS
IN THE BOOKS OF FLEETGUARD FILTERS PVT. LTD.
Goods purchased worth Rs.10000 from Walchand Agencies on credit (Ref: WA-P-01-3/4)
Again Goods purchased from Walchand Agencies worth Rs.15000 on credit (Ref: WA-P-02-4/4)
Machinery purchased for Rs.100000
Paid to Walchand Rs.5000 according to purchase on 3/4
Goods returned to Walchand worth Rs.5700 dated as on 4/4 (Ref :WA-DN-01-18/4)
Paid to Walchand Rs.15000 for previous due & remaining as advance for next purchase
Goods sold to Hirachand worth Rs.25000 on credit (Ref: HIRA-S-01-2/5)
Again sold goods to Hirachand worth Rs.10000 (Ref:HIRA-S-02-3/5)
Goods Returned by Hirachand worth Rs.3500 against dt on 2/5 (Ref:HIRA-CN-01-5/5)
14
15. Sr Account Head Group
1 Cash Cash in Hand
2 Profit & loss Primary
3 Purchase Purchase
4 Walchand bill wise Yes Sun Cre
5 Purchase Return Purchase
15
16. TRANSACTION 8
In the books of Unnati Pvt. Ltd
Capital 115000 Cr., Cash 100000 Dr. Sunraj 10000 Cr. Rajesh Tradewings 25000
Dr
Paid to Sunraj Rs.15000 for previous due & remaining balance advance for next
purchase ( Ref- SR–Adv-25/4)
Purchased goods from Sunraj Rs. 8000 adjust advance ( Ref- S-1508)
Paid to Sunraj remaining amt & clear due balance
Amount received from Rajesh Rs.15000 for previous due
Sold goods to Rajesh worth Rs.12000 (Ref 664)
Cash received from Rajesh Rs.25000 for due balance & remaining amt advance for
next transaction
Sold goods to Rajesh Rs.6000 ( Adjust Advance Balance ) (Ref 712)
17. 17
Agt -Ref –Op-1/4 10000
Adv-ref-sr Adv 25/4 5000
Cr : Cash 15000
2 Purchase F9 Cr Sunraj
New Ref-s/1508 3000
Adv Ref –Sr-adv-25/4 5000
Dr Purchase 8000
8000
3 Payment F5 Dr Sunraj
Agt Ref Op1508 15000
Dr Cash
3000
3000
4 Receipt F6 Cr Rajesh
Agt Ref Op ¼ 15000
Dr Cash 15000
15000
5 Sales F8 Dr Rajesh
New Ref-664
Cr Sales
12000
12000
6 Receipt F6 Cr Rajesh
Agt Ref Op ¼ 10000
Agt Ref 664 12000
Advance 2 3000
Dr Cash 25000
25000
7 Sales F8 Dr Rajesh
Agt Ref 2 3000
New Ref 7/2 3000
Cr Sales
6000
6000
18. COST CENTRE 1
Purchased goods of Rs.80000 by Cash for Gents department 48000 & Ladies Department 32000
Sold Goods for cash Rs 50000 Gents dept. 30000 Ladies Dept.20000
Paid Advance salary Rs.3000 to Mr. Nitin Shinde
Electricity charges paid Rs.15000 for Gents Dept. 9000 & for Ladies Dept. 6000
Sold goods for cash Rs.20000 by Ladies Dept.
Salary paid Rs.7000 to each employee
APPLY COST CENTRE
NAME OF COST CENTRE UNDER
Nitin Shinde Office Staff
Rohan Waghmare Office Staff
Riya Mane Office Staff
TELEPHONE EXPENSES PAID RS.1390
02172605897 Tel Exp
1234567894 Tel Exp
9890624588 Tel Exp
TRANSACTION 9
18
19. TRANSACTION 10
Paid Printing & Stationery with
following details
COST CATEGORY : Office
Stationery
ConsumableCOST CENTRE RS
Files & Folders 410
White board Marker 450
Xerox 90
Toner Refilling 350
Printing paper 140
Pen & Pencils 30
Stamp 45
Stamp Pad Ink 15
White Board Marker Ink 20
Draw pin 15
Whitener 15
Muster Roll 10
Paid Advertisement with
following details
COST CATEGORY : Office
Advertisement.
COST CENTRE RS
Pamphlet Printing 550
Pamphlet Distribution 220
News Paper AD 360
Common Marketing
Fund
8,000
Notebook & Pen 440
Flex Printing 250
Sq. Pipe 1”5 Feet 255
Bank Charges with following details
COST CATEGORY : Office Bank Expenses
COST CENTER RS
Cheque Book Charges 138
Bank Fine 20
NEFT Commission 40
Total 1,590
Total 10,075
Total 198
COST CENTRE 3
19
20. TRANSACTION 11
INVENTORY 1
Abhilash Ready-mades
Goods purchased from Adarsh Vastra Bhandar following are the details
No PARTICULARS QTY RATE
1 Dress Materials 20 200
2 Sarees 10 150
3 Shirts 25 100
4 Jeans 50 250
Goods sold to Krishna cloth center following are the details
NO PARTICULARS QTY RATE
1 Dress Materials 15 250
2 Sarees 5 200
3 jeans 20 300
A cheque reced from Krishna & cleared is due balance
Paid to Adarsh Vastra Bhandar & cleared his balance
Sold 5 Jeans @ Rs. 400 each
15 Shirts @Rs. 80 purchased from Exhibition on cash
5 Shirts which had purchased from Exhibition were returned as found
defective
NOTE:
In F 11 Accounting Features set option Integrate Accounts
& Inventory to YES
20
21. GODOWNS SHOP & HOTGI ROAD
UNITS OF MEASURE PIECES , MTRS, NUMBERS
STOCK GROUPS WOMENS WEAR , MENS WEAR, KIDS WEAR
STOCK ITEMS
LAST ENTRY IN INVENTORY VOUCHER
21
22. TRANSACTION 12Maintain accounts with Inventory details
stock on 1st April was as following
WOMENS DRESS MATERIAL
PARTICULARS RATE(MTR) SHOP HOTGI ROAD
Dress Material
Plain
Rs.25 150 150
Dress Material
Pattern
Rs.40 45 30
KIDS WEAR
PARTICULARS RATE(PIECES) SHOP HOTGI
ROAD
K Jeans Pant
Blue 18
180 25 25
K Jeans Pant
Black 18
150 70 25
MEN’S WEAR
PARTICULARS RATE(PIECE) SHOP HOTGI ROAD
M Jeans Pant
Blue 32
290 50 30
M Jeans Pant
Black 30
270 30 20
M Shirts Plain 42 180 75 75
RAW MATERIAL
PARTICULARS RATE
(NO.)
SHOP
Stitching Thread Red 5 100
Stitching Thread White 4 75
Zip 20 45
INVENTORY 2
22
23. Goods purchased from Niketan Emporium following are the purchase details
PARTICULARS QTY RATE SHOP H ROAD
Dr mat plain 50 35 25 25
K Jean pant blue 18 30 210 15 15
M Shirt plain XL 40 90 15 25
M T-Shirt XXL 20 170 10 10
Goods sold to Fashion Corner following are sale details
PARTICULARS QTY RATE
K Jeans Pant Blue 18 20 260
M T- Shirt XXL 15 220
Dress material pattern 50 mtrs @ Rs.45 & 2 M shirt plain XL @ Rs.140 sold for cash
The customer has returned dress mat pattern 10mtrs
Make a Purchase Order to the supplier Radheshyam for the following items order no. 101
Stitching Thread Red 100
K Jean Pant Blue 18 25
Stitching Thread Orange 50
M T- Shirt XXL 50 23
24. TRANSACTION 13 INVENTORY 4
Items purchased from Stronics Electronics
company with 5% TD
PARTICULARS QTY RATE
Table Fan 75 1400
Table Lamp 125 100
Toaster 100 400
Electric Iron 75 450
Invoice received from M/s Sunrays Electronics
company with 7% TD
PARTICULARS QTY RATE
Heater 30 1200
Ceiling Fan 50 600
Mixer cum Grinder 40 1800
Sold to M/S Komal Electronics Company
the following items with 5% TD
PARTICULARS QTY RATE
Table Lamp 50 125
Ele. Iron 25 550
Heater 20 1350
Ceiling Fan 50 675
Mixer cum Grinder 10 2010
Returned the following items by M/S komal
20 Table Lamps & 10 Mixer cum Grinder
Electrical items received from M/S Komal were returned to
supplier ( no rate in dis entry)
24