| CREATION OF EXISTING LEDGERS WITH OPENING BALANCE | ||
| Name of the Ledger | Group Name | Op. Bal |
| Capital A/c | Capital Accounts | 140000 |
| Cash a/c | (No Need to Create) | 50000 |
| Bank A/c | Bank Accounts | 20000 |
| Plant a/c | Fixed Assets | 150000 |
| stock a/ | stock in Hand | 25000 |
| Srinivas a/c | Sundry Creditors | 50000 |
| Akhil a/c | Sundry Creditors | 10000 |
| Anand a/c | Sundry Debtors | 50000 |
| Murthy a/c | Sundry Debtors | 100000 |
| Purchases a/c | purchase accounts | 55000 |
| Sales a/c | sales accounts | 250000 |
| JOURNAL ENTRIES FOR THE F.Y. 2017-18 | |||||
| Date | Particulars | Amount | Tally Group | Tally Voucher | |
| Dr | Cr | ||||
| Aug-02 | Cash a/c Dr | 5000 | Receipt (F6) | ||
| To Anand A/c | 5000 | ||||
| Aug-31 | Purchase a/c Dr | 3000 | Purchase (F9) | ||
| To Srinivas A/c | 3000 | ||||
| Aug-31 | Srinivas A/c Dr | 3000 | Payment (F5) | ||
| To Cash a/c | 3000 | ||||
| Sep-01 | Bank a/c Dr | 1000 | Contra (F4) | ||
| To Cash a/c | 1000 | ||||
| Sep-02 | Cash a/c Dr | 9000 | Receipt (F6) | ||
| To Sales a/c | 9000 | ||||
| Oct-01 | Purchase a/c Dr | 4000 | Payment (F5) | ||
| To Cash A/c | 4000 | ||||
| Oct-02 | Drawings a/c Dr | 1000 | Capital Accounts | Payment (F5) | |
| To Bank ac | 1000 | ||||
| Oct-31 | Cash a/c Dr | 50000 | Receipt (F6) | ||
| To Murthy a/c | 50000 | ||||
| Nov-01 | Cash a/c Dr | 1000 | Contra (F4) | ||
| To Bank a/c | 1000 | ||||
| Nov-02 | Cash a/c Dr | 5000 | |||
| To Anand a/c | 5000 | Receipt (F6) | |||
| Dec-01 | Srinivas a/c Dr | 5500 | Payment (F5) | ||
| To Cash a/c | 5500 | ||||
| Dec-02 | Rent a/c dr | 600 | Payment (F5) | ||
| To Cash a/c | 600 | ||||
| Dec-31 | Advertisement a/c Dr | 500 | Payment (F5) | ||
| To Cash a/c | 500 | ||||
| Mar-02 | Salaries a/c Dr | 1000 | Indirect Expenses | Payment (F5) | |
| To Cash a/c | 1000 | ||||
| Mar-31 | Akhil a/c Dr | 10000 | Payment (F5) | ||
| To Cash a/c | 10000 | ||||
As on 1-8-2017
T.B.: 4,50,000;
B/s: From 1-4-2017 to 1-8-2017
G.P./N.P: 1,95,000/-;
As on 31-3-2018
T.B.: 4,43,500; B/S:3,78,400
G.P.:1,97,000; N.P.:1,94,900