COLLEGE ROLL NO. .....................

FINANCIAL ACCOUNTING
EXAMINATION ROLL NO............... TALLY PRACTICAL
B.COM , SEM –I (NEP)
Time allowed : 1 hour SET-1 Max. Marks: 20

Q : Create a company with examination roll number and write set number of question paper in the
bracket. Fill address BFH-Shalimar bagh , new delhi -110088, mobile:9898989898 and email id
123@abc.com and pass the following transactions of the company in tally. Consider the fact that
company is maintaining accounts with inventory.

Specific Instructions:

➢ The business is a registered organization for GST with an office in Delhi.

➢ GSTIN: 07AAAAA1314R9Z7
➢ GST of 12% is applicable on all inventory-related items.
➢ Skip date and narration while passing voucher entries.

Balance sheet as on 31-3-2022

PARTICULAR AMOUNT PARTICULAR AMOUNT
Capital 7,00,000 Machinery 1,00,000
P& L 75,000 Furniture 50,000
Investment 2,00,000
S. Creditors S. Debtors 60,000
Radhika :100000 1,30,000 Sunny : 35000
Reema : 30000 Akshay:25000
Stock in Hand 7,50,000
Bills payable 3,80,000 Cash In Hand 50,000
SBI Bank Account 75,000

1285000 1285000
Stock wise detail is given as follow:
Group Stock item Quantity in units Rate per unit
Samsung Mobile 10 10750
TV 5 38500
LG Refrigerator 4 70625
AC 5 33500

Pass the following voucher entries:

1) Purchased from Radhika (GSTIN 07ACVCC1224S9F7) one refrigerator @ 75000 and 2 AC @
40000 each.
2) Sold to Sunny (GSTIN 07BBBBB7824L9K8) 3 AC @ 60000 each.
3) Received cash from Sunny 1,75,000 in total against full settlement of transaction no.2.
4) Paid cash to Radhika 152000 in full settlement of transaction no. 1.
5) Salary paid in cash worth Rs.3000
6) Investment sold Rs.180000.
7) Drew from bank for office use 15000.
8) Depreciation on machinery @10% for the whole year.
9) Electricity (GST exempted) bill paid Rs.10000 through cheque.
 10) Purchased land and building worth Rs. 2,00,000 (GST exempted) by issuing debentures
(unsecured).
11) Rent received in advance Rs.6000
12) Wages paid in cash worth Rs.20000
13) Purchased furniture from non-registered buyer for cash Rs.40000.
14) Cash deposited into bank Rs.5000
15) GST paid.

Create a folder on your system by the name of your examination roll no. and save the following
reports for the financial year 2022-2023.

a) Balance sheet
b) Profit and loss account
c) Daybook
d) GST -3B report
COLLEGE ROLL NO. ...................... FINANCIAL ACCOUNTING
EXAMINATION ROLL NO..................... TALLY PRACTICAL
B.COM
Time allowed: 1 hour SEM –I (NEP) Max. Marks: 20
SET-2

Q: Create a company with your examination Roll number and write set number of question paper in
bracket. Fill address 110-Shalimar bagh , new delhi -110088, mobile:9898989898 and email id
123@abc.com.and pass the following transactions of the company in tally. Consider the fact that
company is maintaining accounts with inventory.
Specific Instructions:

➢ The business is a registered organization for GST with an office in Delhi.

➢ GSTIN: 07AAAAA1314R9Z7
➢ GST of 12% is applicable on all inventory-related items.
➢ Skip date and narration while passing voucher entries.

Balance sheet as on 31-3-2022

PARTICULAR AMOUNT PARTICULAR AMOUNT
Capital 408000 Machinery 203600
P& L 100000 S. Debtors 100000
S. Creditors 130000 Amit: 35000
Monika : 80000 Sahil :65000
Varun : 50000 Stock in Hand 139000
Secured debentures 70000 Cash In Hand 51000
Outstanding salary 2000 SBI Bank Account 215000
Prepaid Expenses 1400
710000 710000
Stock wise detail is given as follow:
Group Stock item Quantity in units Rate per unit
Raymond Shirts 40 1000
Trousers 30 1500
T-Shirts 20 1200
Pants 30 1000

Pass the following voucher entries:

1) Purchased from Monika a registered dealer in Delhi (07CCCCC1314G9R3) 10 shirts @1200
each.
2) Cash paid worth Rs.11,000 in full settlement of transaction number 1.
3) Sold to Amit a registered dealer in Delhi with GSTIN 07DDDDD2344R9Z9 Five shirts @ 1500
and 3 trousers @ 2000 each
4) Received cash from Amit Rs. 14,000 in full settlement of transaction no. 4.
5) Rent paid worth Rs.5500 in cash.
6) Furniture purchased (GST exempted) on credit from Mr. A worth Rs. 25000.
7) Cash deposited into bank @ 20,000.
8) Wages Paid 7500 through cheque.
9) Electricity (GST exempted) bill paid Rs.500 in cash .
10) Machinery worth Rs. 100000 (GST exempted ) is sold out for Rs.85000.
11) Insurance prepaid worth Rs.1300 in cash.
12) Rent received in cash worth Rs.1500.
 13) Charge depreciation on furniture @10% for full year.
14) Outstanding salary paid worth Rs. 2000.
15) GST paid.

Create a folder on your system by the name of your examination roll no. and save the following
reports for the financial year 2022-2023.

a) Balance sheet
b) Profit and loss account
c) Daybook
d) GST -3B report
COLLEGE ROLL NO. ...................... FINANCIAL ACCOUNTING
EXAMINATION ROLL NO..................... TALLY PRACTICAL
B.COM (H)
Time allowed : 1 hour SEM –I (NEP) Max. Marks: 20
SET-3

Q: Create a company with your roll number and write down set number of question paper in bracket.
Fill address 35-raja garden , new delhi -110027, mobile:9898989898 and email id 123@abc.com and
pass the following transactions of the company in tally. Consider the fact that company is maintaining
accounts with inventory.
Specific Instructions:

➢ The business is a registered organization for GST with an office in Delhi.

➢ GSTIN: 07AAAAA1314R9Z7
➢ GST of 12% is applicable on all inventory-related items.
➢ Skip date and narration while passing voucher entries.

PARTICULAR AMOUNT PARTICULAR AMOUNT

Capital 448000 Machinery 75000
P& L 200000 Investment 100000
S. Debtors 170000
S. Creditors 205000 Naveen: 70000
Rahul :125000 Kartik :100000
Seema :80000 Stock in Hand 290000
Bills Payable 12000 Cash In Hand 170000
Salary Outstanding 5000 Axis Bank Account 65000

865000 865000
Stock wise detail is given as follow:
Group Stock item Quantity in units Rate per unit
PHILIPS AC 5 25000
Cooler 10 7000
KENSTAR Refrigerator 5 15000
TV 2 10000

Pass the following voucher entries:

1) Purchased from Rahul a registered dealer from Delhi (GSTIN:07DDDDD6789R9H9) 3 AC
@27000 each and 5 coolers @ 10000 each.
2) Sold to Kartik a registered dealer from Delhi (07FFFFF1814J5D6) 5 AC @ 32000 with trade
discount@ 5%.
3) Paid cash to Rahul 130000 in full settlement of transaction no. 1.
4) salary outstanding paid in cash worth rs.5000
5) Investment sold for cash Rs.80000.
6) Drew from bank for office use 10000.
7) Cash deposited into the bank Rs.2500
8) Depreciation on machinery @10%.
9) Electricity (GST Exempted) bill paid Rs.7000 through cheque.
10) Rent paid in advance rs.3500 in cash.
11) Furniture purchased (GST Exempted) from Akhil worth Rs. 50000.
12) Wages paid worth Rs.700 through cheque
 13) Received cash worth Rs.150000 against transaction no. 2
14) Interest received in cash worth Rs. 2300.
15) GST Paid.

Create a folder on your system by the name of your examination roll no. and save the following
reports for the financial year 2022-2023.

a) Balance sheet
b) Profit and loss account
c) Daybook
d) GST -3B report
COLLEGE ROLL NO. ...................... FINANCIAL ACCOUNTING
EXAMINATION ROLL NO..................... TALLY PRACTICAL
B.COM (H)
Time allowed: 1 hour SEM –I (NEP) Max. Marks: 20
SET-4

Q: Create a company with your roll number and write set number of question paper in bracket. Fill
address 26 B BLOCK –raja garden , new delhi -110015, mobile:9898989898 and email id
123@abc.com and pass the following transactions of the company in tally. Consider the fact that
company is maintaining accounts with inventory.

Specific Instructions:

➢ The business is a registered organization for GST with an office in Delhi.

➢ GSTIN: 07AAAAA1314R9Z7
➢ GST of 12% is applicable on all inventory-related items.
➢ Skip date and narration while passing voucher entries.

Balance sheet
Liabilities Amount Assets Amount
Capital 450000 cash in hand 6000
P&L 40000 HDFC bank 51000
secured loan 14000 Stock of goods 230000
creditor 80700 Investment in govt. 135000
(Ravi Rs.45700, Securities
Arjun Rs.35000) Furniture 55000
O/S rent 2300 Bill receivable 10000
debtors
(Alfa Rs. 45000,
Beta Rs.55000) 100000

487000 487000

Stock wise detail is given as follow:

Group Stock item Quantity in units Rate per unit
SAMSUNG FAN 10 3000
COOLER 20 5000
PHILIPS TV 3 20000
REFRIGERATOR 2 20000
1. Purchased from Ravi a registered dealer with GSTIN 07SSSSS2314T9D6, TEN fans @ 3500
each with a trade discount of 5%.
2. Sold to Alfa a registered dealer with GSTIN 07HHHHH8714T9L8, ten coolers @ 6500 and 2
fans @ 3500 each.
3. Received cheque of Rs 70,000 from Alfa in full settlement of transaction no. 2.
4. Issued cheque to Ravi Rs.32000 in full settlement of transaction no.1.
5. Machinery purchased (GST exempted) from Pranav worth Rs. 205000.
6. Depreciation on furniture @ 10% for full year.
 7. Cash deposited into bank @ 500.
8. O/S Rent paid through cheque.
9. Salary Paid 2550 in cash.
10. Insurance premium paid 1250 through cheque.
11. Present Investment sold @150000.
12. Withdrawn from HDFC bank Rs.5000
13. B/R has been received from Naveen against debtors of Rs.5000.
14. Wages paid rs.500 in cash.
15. GST paid

Create a folder on your system by the name of your examination roll no. and save the following
reports for the financial year 2022-2023.

a) Balance sheet
b) Profit and loss account
c) Daybook
d) GST -3B report