[Type here]

Tally PROJECT- Based on

Accounting with Inventory Project Prepaid by :

Student Name:
BATCH NO:
Date:
Place:

From:
[Type here]

Tally Business Accounting Software

Tally is financial accounting software that helps you to computerize your

manual accounting system. In other words the tally is accounting software.
It is software of keeping all kind of business transaction. It used POST
TRANSATION system. It means, that the information that is being fed into
TALLY as voucher, has been already executed. E.G. in POST
TRANSACTION SYSTEM the payment is first made based on your exiting
methods (i.e.) against a cash bill, against a voucher, etc.) & that
information is fed into the program. In other word POST TANSACTION
means after the completion of the transaction. In tally there are two main
accounts namely account only and account with inventory. Account only
deals with account like sale and purchased of goods where as account with
inventory includes sale and purchase of goods and also the quantity of
stock item, which help us in maintain complete information of particular
transaction.

Advantages of Tally

1. Tally has saved all paper works, it means the cost of all paper work =
Zero = It means before tally, we had to all work on papers and
sometime paper work cost was more than the benefit of information
in small business type organization . But after tally using, most
benefit is gotten by small scale business organizations.
2. In one tally software, you can keep records of unlimited companies.
In manual accounting, it is not possible that a single accountant can
keep the record of 20 companies. But, in my contacts, there are
many professional accountants of Mumbai and Delhi who are tracking
all records of more than 20 companies in tally. Billions Rupees
transactions of more than 20 companies and just one tally software.
Take idea what is the efficiency and what are the benefits of tally
software.
3. After coming tally, it has made simple system of recording and
calculation of all tax responsibility. Different tax responsibilities like ,
GST, VAT, FBT, Service tax, Excise Mod VAT, Custom duty,
TDS, Advance tax, etc. can easily calculate and record in
tally. Now, companies are demanding tally professional in first
eligibility because they are keeping all records in tally and without
knowledge of tally , A MBA is also fail to enter in Company as
Account Manager

4. Tally provides some exceptional reports which are not possible to

[Type here]

make in manual accounting. In these exceptional reports, you

can find negative stock, negative ledger, overdue receivables,
overdue payables, Memorandum vouchers. These reports are
very useful, if you know its benefit. These reports are also used
to find out frauds and check by spot internal auditors. Many
accountants did not know that tally can be easy use to track
accounting of foreign business. Because in tally‟s configuration
makes suitable tally for providing the information export
shipping details, nos. of containers and kinds of packages use in
export option. These in formations are very useful for exporters.
For activate these options, you have to click configuration, then
click invoices, delivery notes and orders. Here you can yes
different exporter‟s options.

5. There are few accountants who know that when we make the
voucher entries of payroll, at that time we also
6. create cost allocation by only writing yes in voucher entry
configuration in the front of (Allow cost center allocation in payroll
vouchers.)

7. One of the best advantages of tally that in tally we can see any
report by filtering rang option. If you
8. know to use excel, you can better understand what is filtering and
what is rang. But, here I am telling you that it is just option.
Suppose if you see cash flow statement greater than Rs. 100000 on
all items then you can check cash inflow and cash outflow more than
Rs. 100000 each items.

9. With tally accounting software we can synchronize data over

multiple locations. Data synchronize is simple, cost effective and just
few minutes we can apply it . With synchronizing option of tally, we
can easy share or collaborates all accounting information more than
one branch of company.

10. With the help of tally, accountants can generate all type of VAT
through e- return files.

11. Tally can be operated in 13 languages, if you are businessman and

prefer to use tally in your local language, tally is providing support
to record your transactions in your own language .You can also print
and view reports another languages also.

Life time benefits = Speed + Advance + Safe

[Type here]

+ Universal Accounting software

Accounts with inventory PROJECT-1

Company name: DEERA ENTERPRISES PVT.LTD., . (Year
-1-4-2009 to 31-3-2010)
[Type here]

Ledger:

We know, journal records all business transaction separately and date wise.
The transaction pertaining to a particular person, assets, expense, or
income is recorded at different place in the journal as they occur on
different dates. Hence, journal fails to bring the similar transaction together
at one place. Thus, to have a consolidated view of the similar transaction
different accounts are prepare in the ledger. A ledger account may be
defined as a summary statement of all the transaction relating to a person,
assert, expense or income which have taken place during a given period
of time and shows their net effect.

LEDGER OPENING
BALANCE
Cash in hand RS. 50000
ICICI bank Rs. 4000
HDFC bank Rs. 6000
Sam company Creditors
Avon company Creditors
Moon industry Creditors
[Type here]

Rolex industry Debtors

Max touch industry Debtors
DTDC company Debtors
Furniture Rs. 10000
[Type here]

Ledger creation:

1) Bike (stock group)

Stock items Qty Rate(each)

Karizma 4 70000
Yamaha 8 30000
[Type here]

CBZ 3 55000
[Type here]

1) Car (stock group)

Stock items Qty Rate(each)
Maruti swift 4 120000
Honda city 1 600000
Innova 3 300000
Few basic terms:

 Business transaction: Any exchange of money or money‟s

worth as goods and service between two parties is called a
business transaction. It may relate to purchased and sale of
goods, receipt and payment of cash and rending of service
by one party to another.

 Debtor: A debtor is a person who owes money. The amount

due from him is called debt. The amount due from a person
as per the books of account is called a book debt. For
example Sold Goods to Rolex Industry in credit. The Rolex
Industry is known as Debtor.
DAY TO DAY BUSINESS TRANSACTIONS
 Creditor: A person to whom money is owing or payable
is called a creditor. For example purchased goods from
Sam Company in credit basis. The Sam Company is known
as Creditors.
 Capital: This is the owner‟s financial interest or holding in
business and is represented by the value of net assets.
 Goods: This including all articles, commodities or
merchandise in which the business deals. Thus, cloth would
be goods for a dealer in cloth; furniture would be goods
for a dealer in furniture and so on.
 Assets: Any physical thing or right owned that has money
value is an asset. In other words, an asset is that
expenditure which results in acquiring of some property or
benefit of a lasting nature.
 Drawings: Any amount or goods withdrawn by the owner of
a business for personal use is called drawing.
 Voucher: Any written document in support of a business
transaction is called a voucher.
Purchased/ sale:

1-5-2009 2 Yamaha sold to Max touch industry of Rs. 40000 each/-

(ref-1111)
1-6-2009 3 Innova sold to DTDC company of Rs.400000/- (ref-
2035)
1-7-2009 purchased 3 CBZ from Sam and Company of Rs. 60000/-
(ref-4501)
1-8-2009 purchased 1 Maruti Swift from Moon industry of Rs. 3,
50,000/-(ref-4502)
Contra voucher:

1-6-2009 Cash Of Rs 3000/-Deposit Into HDFC Bank.

1-7-2009 Cash Of Rs. 4500/- Deposit Into ICICI Bank.
1-7-2009 Cheque (ICICI) Deposit Into HDFC Bank Of Rs. 1500/-
1-8-2009 Cash Of Rs.2000/- Withdrawn From ICICI Bank.
1-9-2009 Cheque (HDFC) Deposit Into ICICI Bank Of Rs. 1000/-
1-10- Cash Withdrawn From HDFC Bank Of Rs. 5000/-
2009
1-12- Cash Withdrawn From ICICI Bank Of Rs. 1500/-
2009
1-1-2010 Cheque Deposit Into HDFC Of Rs.2500/- From ICICI Bank.
1-2-2010 Cash Withdrawn From HDFC Bank Of Rs. 1500/-.
1-3-2010 Cash Withdrawn From HDFC Bank Of Rs. 500/-.

Receipt and payment voucher:

2-6-2009 Cash receive of Rs.30000/- from Max Touch industry

3-7-2009 Cheque (ICICI) receive by DTDC company of Rs.200000/-
5-8-2009 Cash paid to Sam & company of Rs.25000/-
5-9-2009 Paid cheque (ICICI) to Moon industry of Rs.125000/-
7-7-2009 Cash received from DTDC company Rs.80000/-
8-8-2009 Cheque (HDFC) received from DTDC company of Rs.100000/-
10-10- Paid cheque (HDFC) to Moon industry of Rs.75000/-
2009
11-11- Paid cash to Sam & company of Rs25000/-
2009
12-12- Cash received from DTDC company of Rs.15000/-
2009
5-1-2010 Paid cash to Sam & company of Rs.10000/-
6-6-2009 Paid for salary of Rs.500/-
9-7-2009 Paid cheque (ICICI) of Rs.900/- for electricity bill
15-7- Paid Telephone bill of Rs.450/-
2009
16-8- Paid cheque (HDFC) for Rent of Rs. 2500/-
2009
3-9-2009 Paid wages of Rs. 600/- by cash
10-8- Paid cheque( ICICI) of Rs.1000/- for stationery
2009
12-10- Cash receive of Rs. 45000/- from Max touch industry with
2009 discount of Rs. 5000/-
17-11- Cash paid to Sam & company of Rs.56000/- with discount of
 2009 Rs. 4000/-

Journal voucher:

12-2-2010 Bad debts of Rs.250/-

from
DTDC
company
31-3-2010 Depreciation Rs.100/-
on
furniture

7-8-2009 1 CBZ returned to Sam & company

15-8-2009 2 Innova returned from DTDC company

PROFIT& LOSS ACCOUNT OF DEERA ENTERPRISES PVT.LTD.,

Profit and loss A/c:

To display the profit and loss A/c. at gateway of tally press P or

select the option profit and loss A/c. on selection of this option
profit and loss A/c is display in the horizontal format as at last
voucher entered. It displays expenses on the left side and income
on the right side.
BALANCE SHEET OF DHEERA ENTERPRISES PVT.LTD.,

Balance sheet:

A balance sheet is a statement prepared with a view to measure

the financial position of a business on a certain fixes date. The
financial position of a concern is indicating by its assets on a
given date and its liabilities on that date. Excess of asserts over
liabilities represents the capital and is indicative of the financial
soundness of the company. A balance sheet is also described as a
statement showing the source and application of the capital. It is
a statement and not an account and prepared from real and
personal A/C. the left hand side of the balance sheet may be
viewed as a description of sources from which it currently
operated and the right hand side as a description of the firm in
which that capital is invested on a specified date.

The balance sheet is a statement, which projects the financial

position of a business on a given date. This is one of the
backbones of TALLY. At the gateway of Tally, press B to being up
the balance sheet.
Tally Notes

STOCK REPORT
 DEERA ENTERPRISES PVT.LTD.,
Plot No,1/A, 2nd Floore,
Bhavanipuram, Vijayawada
Contact : +91 7416270995

Day Book
1-Apr-09 to 1-Mar-10

Page 1
Date Particulars Vch Type Vch No. Debit Amount Credit Amount
Inwards Qty Outwards Qty
1-May-09 Max Touch Industry Sales 1 80,000.00
Sales 80,000.00
Yamaha RX100 Bike 2 Nos 40,000.00/Nos 80,000.00
1-Jun-09 Cash in Hand Contra 1 3,000.00
HDFC Bank 3,000.00

1- Jun-09 DTDC Company

Sales 2 12,00,000.00
Sales 12,00,000.00
Innova Car 3 Nos 4,00,000.00/Nos 12,00,000.00
2- Jun-09 Max Touch Industry
Receipt 1 30,000.00
Cash in Hand 30,000.00

6-Jun-09 Salary
Payment 1 500.00
Cash in Hand 500.00

1-Jul-09 Cash in Hand

Contra 2 4,500.00
ICICI Bank 4,500.00

1-Jul-09 ICICI Bank

Contra 3 1,500.00
HDFC Bank 1,500.00

1-Jul-09 Sam Company

Purchase 1 1,80,000.00
Purchases 1,80,000.00
CBZ BIKE 3 Nos 60,000.00/Nos 1,80,000.00
3-Jul-09 DTDC Company
Receipt 2 2,00,000.00
ICICI Bank 2,00,000.00

9-Jul-09 Electracity Bill

Payment 2 900.00
ICICI Bank 900.00

15-Jul-09 Telephone Bill

Payment 3 450.00
Cash in Hand 450.00

1-Aug-09 ICICI Bank

Contra 4 2,000.00
Cash in Hand 2,000.00

1-Aug-09 Moon Industry

Purchase 2 3,50,000.00
Purchases 3,50,000.00
TATA NEXON 1 Nos 3,50,000.00/Nos 3,50,000.00
5-Aug-09 Sam Company
Payment 4 25,000.00
Cash in Hand 25,000.00

7- Aug-09 Sam Company

Debit Note 1 60,000.00
Purchases Returns 60,000.00
CBZ BIKE 1 Nos 60,000.00/Nos 60,000.00
8- Aug-09 DTDC Company
 Receipt
1,00,000.00
HDFC Bank 1,00,000.00

10-Aug-09 Stationery
Payment 5 1,000.00
ICICI Bank 1,000.00

continued ...
DEERA ENTERPRISES PVT.LTD.,
Day Book : 1-Apr-09 to 1-Mar-10 Page 2
Date Particulars Vch Type Vch No. Debit Amount Credit Amount
Inwards Qty Outwards Qty

15-Aug-09 DTDC Company Credit Note 1 8,00,000.00

Credit Note 8,00,000.00
Innova Car 2 Nos 4,00,000.00/Nos 8,00,000.00

16-Aug-09 Rent Payment 6 2,500.00

HDFC Bank 2,500.00

1-Sep-09 HDFC Bank Contra 5 1,000.00

ICICI Bank 1,000.00

3-Sep-09 Wages Payment 7 600.00

Cash in Hand 600.00

5-Sep-09 Moon Industry ICICI Payment 8 1,25,000.00

Bank 1,25,000.00

1-Oct-09 HDFC Bank Contra 6 5,000.00

Cash in Hand 5,000.00

10-Oct-09 Moon Industry Payment 9 75,000.00

HDFC Bank 75,000.00

12-Oct-09 Cash in Hand Journal 1 45,000.00

Discound Allowed 5,000.00
Max Touch Industry 50,000.00

11-Nov-09 Sam Company Payment 10 25,000.00

Cash in Hand 25,000.00

17-Nov-09 Sam Company

Journal 2 60,000.00
Discount Received 4,000.00
Cash in Hand 56,000.00

17-Nov-09 Bad Debts

Journal 3 250.00
DTDC Company 250.00

17-Nov-09 Depreciation
Journal 4 100.00
Furniture 100.00

1-Dec-09 ICICI Bank

Contra 7 1,500.00
Cash in Hand 1,500.00

12-Dec-09 DTDC Company

Receipt 4 15,000.00
Cash in Hand 15,000.00

1-Jan-10 ICICI Bank

Contra 8 2,500.00
HDFC Bank 2,500.00

5-Jan-10 Sam Company

Payment 11 10,000.00
Cash in Hand 10,000.00

1-Feb-10 Cash in Hand

Contra 9 1,500.00
HDFC Bank 1,500.00

1-Mar-10 HDFC Bank

Contra 10 500.00
Cash in Hand 500.00
 DEERA ENTERPRISES PVT.LTD.,
Plot No,1/A, 2nd Floore,
Bhavanipuram, Vijayawada
Contact : +91 7416270995

Bank Accounts
Group Summary
1-Apr-09 to 1-Mar-10

Page 1
Closing Balance
Debit Credit

Cash-in-Hand 22,450.00
Cash in Hand 22,450.00
Bank Accounts 99,600.00
HDFC Bank 24,500.00
ICICI Bank 75,100.00
Grand Total 1,22,050.00
 DEERA ENTERPRISES PVT.LTD.,
Plot No,1/A, 2nd Floore,
Bhavanipuram, Vijayawada
Contact : +91 7416270995

Cash in Hand Book

1-Apr-09 to 1-Mar-10
Page 1
Date Particulars Vch Type Vch No. Debit Credit Balance
1- Apr-09 Cr Opening Balance 50,000.00
1- Jun-09 Dr HDFC Bank Contra 1 3,000.00 47,000.00 Dr
Cash 1-6-2009 3,000.00 Dr
beeing cash deposited in hdfc
bank
2- Jun-09 Cr Max Touch Industry Receipt 1 30,000.00 77,000.00 Dr
beeing cash received from max
touch industry
6-Jun-09 Dr Salary Payment 1 500.00 76,500.00 Dr

80,000.00 3,500.00
Dr Closing Balance 76,500.00
80,000.00 80,000.00

1-Jul-09 Cr Opening Balance 76,500.00

1-Jul-09 Dr ICICI Bank Contra 2 4,500.00 72,000.00 Dr
Cash 1-7-2009 4,500.00 Dr

15-Jul-09 Dr Telephone Bill Payment 3 450.00 71,550.00 Dr

76,500.00 4,950.00
Dr Closing Balance 71,550.00
76,500.00 76,500.00

1-Aug-09 Cr Opening Balance 71,550.00

1-Aug-09 Cr ICICI Bank Contra 4 73,550.00 Dr
2,000.00
Cheque 1-8-2009 2,000.00 Cr
Self
beeing cash withdrwan from
icici bank
5-Aug-09 Dr Sam Company Payment 4 25,000.00 48,550.00 Dr

73,550.00 25,000.00
Dr Closing Balance 48,550.00
73,550.00 73,550.00

1-Sep-09 Cr Opening Balance 48,550.00

3-Sep-09 Dr Wages Payment 7 600.00 47,950.00 Dr

48,550.00 600.00
Dr Closing Balance 47,950.00
48,550.00 48,550.00
DEERA ENTERPRISES PVT.LTD.,
Plot No,1/A, 2nd Floore,
Bhavanipuram, Vijayawada
Contact : +91 7416270995
continued ...
DEERA ENTERPRISES PVT.LTD.,
Cash in Hand Book : 1-Apr-09 to 1-Mar-10 Page 2
Date Particulars Vch Type Vch No. Debit Credit Balance

1-Oct-09 Cr Opening Balance 47,950.00

1-Oct-09 Cr HDFC Bank Contra 6 52,950.00 Dr
5,000.00
Cheque 1-10-2009 5,000.00 Cr
Self

12-Oct-09 Cr (as per details) Journal 1 45,000.00 97,950.00 Dr

Discound Allowed 5,000.00 Dr
Max Touch Industry 50,000.00 Cr

97,950.00
Dr Closing Balance 97,950.00
97,950.00 97,950.00

1-Nov-09 Cr Opening Balance 97,950.00

11-Nov-09 Dr Sam Company

17-Nov-09 Dr (as per details) Payment 10 25,000.00 72,950.00 Dr
Sam Company 60,000.00 Dr Journal 2 56,000.00 16,950.00 Dr
Discount Received 4,000.00 Cr

97,950.00 81,000.00
Dr Closing Balance 16,950.00
97,950.00 97,950.00

1-Dec-09 Cr Opening Balance 16,950.00

1-Dec-09 Cr ICICI Bank

Cheque 1-12-2009 1,500.00 Cr Contra 7 1,500.00 18,450.00 Dr
Self
beeing cash withdrwan from
icivi bank
12-Dec-09 Cr DTDC Company
Receipt 4 15,000.00 33,450.00 Dr

33,450.00
Dr Closing Balance 33,450.00
33,450.00 33,450.00

1-Jan-10 Cr Opening Balance 33,450.00

5-Jan-10 Dr Sam Company Payment 11 10,000.00 23,450.00 Dr

33,450.00 10,000.00
Dr Closing Balance 23,450.00
33,450.00 33,450.00

1-Feb-10 Cr Opening Balance 23,450.00

1-Feb-10 Dr HDFC Bank Contra 9 1,500.00 21,950.00 Dr
Cash 1-2-2010 1,500.00 Dr

23,450.00 1,500.00
Dr Closing Balance 21,950.00
23,450.00 23,450.00
DEERA ENTERPRISES PVT.LTD.,
Cash in Hand Book : 1-Apr-09 to 1-Mar-10 Page 3
Date Particulars Vch Type Vch No. Debit Credit Balance

continued ...
DEERA ENTERPRISES PVT.LTD.,
Cash in Hand Book : 1-Apr-09 to 1-Mar-10 Page 4
Date Particulars Vch Type Vch No. Debit Credit Balance

1-Mar-10 Cr Opening Balance 21,950.00

1-Mar-10 Cr HDFC Bank

Cheque 2-3-2010 500.00 Cr Contra 10 500.00 22,450.00 Dr
Self

22,450.00
Dr Closing Balance 22,450.00
22,450.00 22,450.00
 DEERA ENTERPRISES PVT.LTD.,
Plot No,1/A, 2nd Floore,
Bhavanipuram, Vijayawada
Contact : +91 7416270995

HDFC Bank Book

1-Apr-09 to 1-Mar-10
Page 1
Date Particulars Vch Type Vch No. Debit Credit Balance
1-Jun-09 Cr Cash in Hand Contra 1 3,000.00 3,000.00 Dr
Cash 1-6-2009 3,000.00 Dr
beeing cash deposited in
hdfc bank
1-Jul-09 Cr ICICI Bank Contra 3 1,500.00 4,500.00 Dr
Cheque 1-7-2009 1,500.00 Cr
Cheque/DD 1-7-2009 1,500.00 Dr
beeing hdfc cheque
deposited in to icici bank

8-Aug-09 Cr DTDC Company Receipt 3 1,00,000.00 1,04,500.00 Dr

Cheque/DD 8-8-2009 1,00,000.00 Dr

16-Aug-09 Dr Rent Payment 6 2,500.00 1,02,000.00 Dr

Cheque 16-8-2009 2,500.00 Cr

1-Sep-09 Dr ICICI Bank Contra 5 1,000.00 1,01,000.00 Dr

Cheque/DD 1-8-2009 1,000.00 Dr
Cheque 1-8-2009 1,000.00 Cr
hdfc cheque deposit in
to icici bank

1-Oct-09 Dr Cash in Hand Contra 6 5,000.00 96,000.00 Dr

Cheque 1-10-2009 5,000.00 Cr

10-Oct-09 Dr Moon Industry Payment 9 75,000.00 21,000.00 Dr

Cheque 10-10-2009 75,000.00 Cr
1-Jan-10 Cr ICICI Bank Contra 8 2,500.00 23,500.00 Dr
Cheque 1-1-2010 2,500.00 Cr
Cheque/DD 1-1-2010 2,500.00 Dr
icici bank cheque deposited
in to hdfc bank

1-Feb-10 Cr Cash in Hand Contra 9 1,500.00 25,000.00 Dr

Cash 1-2-2010 1,500.00 Dr

1-Mar-10 Dr Cash in Hand Contra 10 500.00 24,500.00 Dr

Cheque 2-3-2010 500.00 Cr

1,08,500.00 84,000.00
Dr Closing Balance 24,500.00
1,08,500.00 1,08,500.00
 DEERA ENTERPRISES PVT.LTD.,
Plot No,1/A, 2nd Floore,
Bhavanipuram, Vijayawada
Contact : +91 7416270995

ICICI Bank Book

Bhavanipuram, Vijayawada

1-Apr-09 to 1-Mar-10
Page 1
Date Particulars Vch Type Vch No. Debit Credit Balance
1-Apr-09 Cr Opening Balance 4,000.00
1-Jul-09 Cr Cash in Hand Contra 2 4,500.00 8,500.00 Dr
Cash 1-7-2009 4,500.00 Dr

Dr HDFC Bank Contra 3 1,500.00 7,000.00 Dr

Cheque/DD 1-7-2009 1,500.00 Dr
Cheque 1-7-2009 1,500.00 Cr
beeing hdfc cheque
deposited in to icici
bank
Receipt 2 2,00,000.00 2,07,000.00 Dr
3-Jul-09 Cr DTDC Company
Cheque/DD 3-7-2009 2,00,000.00 Dr
beeing cheque received

9-Jul-09 Dr Electracity Bill Payment 2 900.00 2,06,100.00 Dr

Cheque 9-7-2009 900.00 Cr

1-Aug-09 Dr Cash in Hand Contra 4 2,000.00 2,04,100.00 Dr

Cheque 1-8-2009 2,000.00 Cr
beeing cash withdrwan from
icici bank

10-Aug-09 Dr Stationery Payment 5 1,000.00 2,03,100.00 Dr

Cheque 10-8-2009 1,000.00 Cr

1-Sep-09 Cr HDFC Bank Contra 5 1,000.00 2,04,100.00 Dr

Cheque 1-8-2009 1,000.00 Cr
Cheque/DD 1-8-2009 1,000.00 Dr
hdfc cheque deposit in
to icici bank

5-Sep-09 Dr Moon Industry Payment 8 1,25,000.00 79,100.00 Dr

Cheque 5-9-2009 1,25,000.00 Cr

1-Dec-09 Dr Cash in Hand Contra 7 1,500.00 77,600.00 Dr

Cheque 1-12-2009 1,500.00 Cr
beeing cash withdrwan from
icivi bank
1-Jan-10 Dr HDFC Bank Contra 8 2,500.00 75,100.00 Dr
Cheque/DD 1-1-2010 2,500.00 Dr
Cheque 1-1-2010 2,500.00 Cr
icici bank cheque deposited
in to hdfc bank

2,09,500.00 1,34,400.00
Dr Closing Balance 75,100.00
2,09,500.00 2,09,500.00
 DEERA ENTERPRISES PVT.LTD.,
Plot No,1/A, 2nd Floore,
Bhavanipuram, Vijayawada
Contact : +91 7416270995

Purchase Register
1-Apr-09 to 1-Mar-10

Page 1
Date Particulars Vch Type Vch No. Debit Credit
Amount Amount
1-Jul-09 Sam Company Purchase 1 1,80,000.00
New Ref 4501 1,80,000.00 Cr
Purchases 1,80,000.00
CBZ BIKE 3 Nos 60,000.00/Nos 1,80,000.00
1-Aug-09 Moon Industry
Purchase 2 3,50,000.00
New Ref 4502 3,50,000.00 Cr
Purchases 3,50,000.00
TATA NEXON 1 Nos 3,50,000.00/Nos 3,50,000.00

Total: 5,30,000.00
 DEERA ENTERPRISES PVT.LTD.,
Plot No,1/A, 2nd Floore,
Bhavanipuram, Vijayawada
Contact : +91 7416270995

Sales Register
1-Apr-09 to 1-Mar-10

Page 1
Date Particulars Vch Type Vch No. Debit Credit
Amount Amount
1-May-09 Max Touch Industry Sales 1 80,000.00
New Ref 1111 80,000.00 Dr
Sales 80,000.00
Yamaha RX100 Bike 2 Nos 40,000.00/Nos 80,000.00
1-Jun-09 DTDC Company
Sales 2 12,00,000.00
New Ref 2035 12,00,000.00 Dr
Sales 12,00,000.00
Innova Car 3 Nos 4,00,000.00/Nos 12,00,000.00
Total: 12,80,000.00

Trial balance:

The end of the financial year or at any other time, the balance of the all ledger accounts are extracted and
are written up in a statement known as trial balance and finally totaled up to see if the total of debit
balances is equal to the total of credit balances. A Trial Balance may thus be defined as a statement of
debit and credit total or balance extracted from the various A/C in the ledger with a view to test the
arithmetical accuracy of the book.

1. To have balances of all the accounts of the ledger.

2. To have proof that the double entry of each transaction has
been recorded because of its agreement.
3. To have material accuracy of preparing the profit and loss account
and balance sheet of the business.
 DEERA ENTERPRISES PVT.LTD.,
Plot No,1/A, 2nd Floore,
Bhavanipuram, Vijayawada
Contact : +91 7416270995
Trial Balance
1-Apr-09 to 1-Mar-10

Page 1
Opening Balance Closing Balance
Debit Credit Debit Credit

Current Liabilities 1,50,000.00

Sundry Creditors 1,50,000.00
Current Assets 27,29,000.00 28,81,700.00
Opening Stock 26,65,000.00 26,65,000.00
Sundry Debtors 10,000.00 94,650.00
Cash-in-Hand 50,000.00 22,450.00
Cash in Hand 50,000.00 22,450.00
Bank Accounts 4,000.00 99,600.00
HDFC Bank 24,500.00
ICICI Bank 4,000.00 75,100.00
Sales Accounts 8,00,000.00 12,80,000.00
Credit Note 8,00,000.00
Sales 12,80,000.00
Purchase Accounts 5,30,000.00 60,000.00
Purchases 5,30,000.00
Purchases Returns 60,000.00
Direct Incomes 4,000.00
Discount Received 4,000.00
Direct Expenses 600.00
Wages 600.00
Indirect Expenses 10,700.00
Bad Debts 250.00
Depreciation 100.00
Discound Allowed 5,000.00
Electracity Bill 900.00
Rent 2,500.00
Salary 500.00
Stationery 1,000.00
Telephone Bill 450.00
Difference in opening balances 27,29,000.00 27,29,000.00
Grand Total 27,29,000.00 27,29,000.00 42,23,000.00 42,23,000.00