Tally Prime Practice Assignment 1

 

Assignment No.1.

 

Create a company Milan Traders

 

1) Commenced business with cash Rs.10, 000.

2) Deposit into bank Rs. 15,000

3) Bought office furniture Rs.3,000

4) Sold goods for cash Rs.2,500

5) Purchased goods form Mr X on credit Rs.2,000

6) Sold goods to Mr Y on credit Rs.3,000

7) Received cash form Mr. Y on account Rs.2,000

8) Paid cash to Mr X Rs. 1,000

9) Received commission Rs.50

10) Received interest on bank deposit Rs. 100

11) Paid into bank Rs. 1,000

12) Paid for advertisement Rs.500

13) Purchased goods for cash Rs. 800

14) Sold goods for cash Rs. 1,500

15) Paid salary Rs.500