TallyERP9Practice
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Journalize the following transactions of A1 Fresh Super Market for the F.A. 2017-18

Opening Balances as on 1st Apr 2017:

Capital: 15,00,000/-; Cash-in-hand: 1,37,500/-;

Stock-13,62,500/-

Sona Rice                    50bags (bag=25kgs)@44/kg

Priya Rice Rich Oil    55tins(tin=100kg)@8000/tin

Gold SunFlower Oil   85tins(tin=100kg)@9500/tin

Lux Soaps                   20boxes(box=100pcs)@30/pcs

 

May 2              Purchased 75 bags Sona Rice from Rama Rice Mills each bag Rs. 1,200/-

Jul 31              Sold 50 bags Sona Rice to Prasad General Stores each bag Rs. 1,400/-

Oct 2               Purchased 1000 Kgs Gold Sunflower Oil from Mehata&co Rs. 80,000/-

Oct 31             Sold 600 Kgs Gold SF Oil to Victory Bazaar Super Market Rs. 60,000/-

Sep 1               Purchased 100 bottles of Lion brand Honey from Sony&co Rs. 20,000/-

Dec 31             Sold 75 bottles of Lion Honey to Praveen Rs. 18,750/-

Feb 1               Cash received from Prasad Gen Stores Rs. 50,000/-

Feb 1               Cash received from Victory Bazaar Rs. 40,000/-

Mar 1              Salaries Rs. 15,000/-

Mar 2              Rent Rs. 20,000/-

Mar 31             Carriage inwards Rs. 2,000/-

Mar 31             Carriage outwards Rs. 1,000/-

Mar 31             Showroom Power Rs. 3,000/-

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